Elite Pharmaceuticals Inc (ELTP): Well, in 4 years time he is entitled to...

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Elite Pharmaceuticals Inc (ELTP)

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Re: A deleted message

Saturday, 04/29/2017 1:54:30 PM

Saturday, April 29, 2017 1:54:30 PM

Well, in 4 years time he is entitled to 4.6M in annual preferred distribution payments. That is about half of today's total revenues. Many much larger company CEO's don't make this with equity options. There is very valid concern around this maneuver until we hear more and see some tangible FDA movement the company has a brighter future so as to not get raked over the coals by management time and time again.

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Recent ELTP News

Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:07:15 PM
Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:30:31 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 09:55:26 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 07:21:28 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 09:20:20 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/28/2023 12:05:38 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:58:46 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2023 08:15:16 PM
Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 09:15:09 PM
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