Elite Pharmaceuticals Inc (ELTP)

[Just give me $1.50]

Your thoughts on what the positives could be for Elite that Nasrat was referring to on the last conference call?

Nasrat: "The impact on Elite really for this transaction is zero. All Mikah did is step into SunGen's shoes, that's it. That had no impact on Elite whatsoever. As a matter of fact there are positive impacts on Elite that I will not go through in here today."

Notice how he says "positive impacts" with an "s", as opposed to "a positive impact".

So according to Nasrat, the decision to use his Mikah company to own 50% of the Adderall products will produce "positive impacts" on Elite, and that for some reason he will not "go through" these "positive impacts" until a later date.

He could be BS'ing us, but who knows.