Elite Pharmaceuticals Inc (ELTP)

[WeeZuhl]

Trepple did save the company and his dealings with Epic probably caused Nasart to create the poison pill to inhibit any back stabbing from within. Just a thought.

No, my friend, you forget your Elite Pharma history. Nasrat was always tight with the Epic guys. It was Epic that brought Treppel and Nasrat together for the 2011 Mikah agreement to contract manufacture isradipine and phendimetrazine. Then, in Nov 2014, after Nasrat was Elite CEO, he received a disbursement of ~750,000 warrants from Epic, and we learned for the first time that Nasrat is a member of Epic. ("1. Disposition of warrants to members of Epic Pharma, LLC"). When I asked Dianne about it, she said Nasrat was always a member of Epic. She also told me Carter Ward is a member of Epic. I don't recall Carter reporting any direct disbursements from Epic, but in 2016, he converted 666,000 of the .0625 warrants. I'm pretty sure those warrants had to have come from Epic.





https://www.irpass.com/profiles/investor/SecB2iView.asp?b=2258&ID=35636&c=0001053369