Elite Pharmaceuticals Inc (ELTP)

[Gman24]

I can’t for the life of me understand what went wrong with the vote... The auditors were present at the meeting in December..This has to fall on the responsibilities of the auditors somehow. I’m not familiar with their duties.

As a matter of fact.... a couple of shareholders that were present had not voted yet and asked if they still could. It was determined that they could still do so although it was said that it really wouldn’t matter on the final results. Meaning it was overwhelmingly passed.

I also believe that the going concern could also be removed based on Elite providing evidence of CFP on the year end financials. Makes sense why the pipeline hasn’t been progressing now.

Hopefully the cost of this undertaking will be recovered.