Elite Pharmaceuticals Inc (ELTP): I can’t wait to get off this exchange, b...

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Re: Kscmb13 post# 326035

Friday, 01/03/2020 8:42:36 AM

Friday, January 03, 2020 8:42:36 AM

I can’t wait to get off this exchange, but Nasrat was asked this very question and I can assure you he has no current plans of doing this.

I got a sense that Nasrat is fine with the PPS climbing up organically. He has stated that a buy back would not be a wise use of revenue in the past.

IMO the fact he doesn’t talk about the Nasdaq much anymore tells me he really thinks a buy out offer will come along soon or maybe a big merger is in the works..Just my speculation..

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