Elite Pharmaceuticals Inc (ELTP)

[PH4RM4C3UT1C4LS]

Yes sir.

Although, I used to hate AMA's posts over on yahoo before their message boards changed, I am starting to side more with him. It seems this users handle, AMA-ELTP over here on iHub, has validity to it. I am going to have to side with his speculations on the activity as of late.

If the FDA is going to be a complete pain in the arse and bar us from approval in any way possible, then we will sell. Without the validation of our pipeline, Nasrat may not be as happy with the offers, but I doubt we will see less than 1 dollar. I still foresee a 2 dollar buyout, as we have all these generics and a great pipeline. A big pharma would have a much easier time pushing our products through, because our government agencies are all corrupt. Money=Power.

CT order after the CRL, and then preferred --> common conversion following the CT order, seem to point to a buyout or a major partnership. Even the bashers on this board seem to avoid the CT order and conversion topics altogether. Coincidence? I think not. Light is never to be shed on developments that could be of benefit to the company.