Elite Pharmaceuticals Inc (ELTP)

[mts]

ElmPa-Nasrat has already given this a lot of thought and planning. Big Pharma is mad at Nasrat. He spent many decades in BigPharma and knows all their tricks and games to pressure OTC companies like ELTP to sellout cheap. Nasrat is too smart to sell out to BigPharma. All BigPharma can do now is buy ELTP shares so soften the blow. First Nasrat got control of ELTP through being paid in shares and also convertible shares which by the way will never see the light of day but converted during the buyout process. So if not BigPharma then who? The first thought is the Chinese , of course. The Chinese do not invest in bad companies nor do dark money funds which have been accumulating shares. Shorting ELTP is a clever way of accumulating shares and making money in both directions. The Chinese like to stay in the background and hidden from view for several reasons. I am thinking the buyout may indirectly occur through Epic. Of course, Epic will not have the financial capability once several ANDAs are approved and Sequestox as well. I think there will be several shell companies and the Chinese will be hidden from sight. This will make it easier to sneak by the SEC and the government. Look what happened to Broadcom and Qualcom. Trump smashed that deal. If you are looking for quick pocket change buy Qualcom as it went down a little. Broadcom is getting a corporate license in Delaware so it can buy Qualcom and Qualcom will bounce back plus a little more before it is all done. Nasrat has a lot of shares so the easiest way for him to retire into the sunset is a buyout. He will be a billionaire. I agree with N2K and you. He wants no interference from the government and a quick deal.