Elite Pharmaceuticals Inc (ELTP)

[lasers]

By freeing up 158 mil shares, the wind has been knocked out of the Shorts and $ELTP can now take its time to negotiate with increased strength for partnerships and licensing deals.

Third, on that point and the shares freed up…Does it really benefit a partnership? How so? A partner should be giving Elite money on some scale, not getting shares. Am I missing something?

$ELTP would NOT be giving shares to a Partner but rather selling shares to a Partner directly from their treasury, rather than a Partner buying open-market shares. This would do away with any LPC deal.

It is expected that the PPS will now start to rise immensely benefiting $ELTP's Mkt Cap.

Purchasing shares on the open market will now become expensive as IMO the PPS heads into the $range. All for the good as $ELTP plans to organically meet all Nasdaq listing requirements.