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Re: namtae post# 295067

Thursday, 07/19/2018 9:12:08 PM

Thursday, July 19, 2018 9:12:08 PM

Post# of 409677
Yep, Elite and many other pharmas have filed CT orders in the past to secure information from their competition.

"Companies would typically seek a confidential treatment order (CTO) to keep information secret that would otherwise put it at a competitive disadvantage if revealed. A company would seek the confidential treatment order by filing a formal request, a confidential treatment request (CTR), with the Securities and Exchange Commission (SEC).

For example, a company may apply for a confidential treatment order by completing a confidential treatment request to keep information regarding a pricing arrangement made with a potential acquisition target secret. This request could be made on the basis that the company's competitors may use this information to go after the target with a more competitive price. Other common items kept confidential include milestone payments and other technical specifications."

No other reason Elite filed for a CT Order unless they wanted to hide information. Otherwise, why file for a CT Order?



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