Elite Pharmaceuticals Inc (ELTP)

[Chasing]

Yes but your statement doesn't really address Nasrat's once low, borderline disdainful, regard for breadcrumb generics. Nasrat's specific word was "breadcrumbs", wasn't it?

I don't remotely buy the narrative that Nasrat is trying to prop up the generics bc SequestOx might be in trouble. We have far better alternatives in the pipeline to prop up the company if SequestOx has further delays than what is clearly a breadcrumbs generic drug. If anything, Nasrat as CEO of Elite should be trying to sell off the breadcrumbs division as opposed to bring more into the fold. However, as owner of another company, it completely makes sense to bring another breadcrumbs generic on board.


It is blatantly clear Nasrat has stepped into the gray area of conflict of interest between Micah and Elite.