Elite Pharmaceuticals Inc (ELTP)

[WeeZuhl]

Merged being subject to interpretation: like playing two hands at the blackjack table...

Separate hands but same decision maker.....

This! This! This!!!!!

Nasrat is playing two hands at the same table, but deal after deal after deal the MIKAH hand wins and the Elite hand loses. It doesn't take long before the MIKAH pile of chips is overflowing off the table and the ELITE chips are completely spent. Sure it could be just dumb luck that MIKAH wins every hand and Elite loses every hand, but casino odds don't usually work that way. Some of these recent business deals (and not so recent) by Elite and MIKAH have the APPEARANCE OF IMPROPRIETY. As usual, Nasrat is doing himself and shareholders a major disservice by refusing to provide any details, and he alone is responsible for the APPEARANCE OF IMPROPRIETY.

It is time for this to stop. It is time for Elite shareholders to demand more and better from Nasrat on this issue. It is time to stop blindly believing every ounce of verbal diarrhea that comes out of his mouth like it is gospel. It is time to get active.

More to come...