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Saturday, 01/04/2020 6:50:35 PM

Saturday, January 04, 2020 6:50:35 PM

Post# of 403103
NO RS! All this talk about a reverse split is at least 2 to 3 years oee longer away.
Nas Hakim has stated that he wants to get to NASDAQ organically meaning when ELTP meets the uplisting requirements Elite will apply. I do not see a reverse split until we are already trading on NASDAQ and it may not even be necessary then with the multi billion markets Elite will have a piece of.
All this chatter about a reverse split is either dreamers wanting a $50 stock by tomorrow or simple BS to scare otherwise investors away!
Nas Hakim has been a great CEO realigning ELTP to profitable generics which means he is very strategic and wise in his decisions. He will not consider a reverse split until conditions are perfect and by that time ELTP may not need it or will be BOUGHT or MERGED with a major pharma company!!!
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