Elite Pharmaceuticals Inc (ELTP)

[Just give me $1.50]

LMAO!!!!!

Nasrat is not looking to sell that drug. Never has. Never will.

That's why there has never been any buyers. Was never for sale!

Read the 10-K.

Acetaminophen and Codeine Phosphate

The Company received approval from the FDA of an ANDA for a generic version of Tylenol® with Codeine (acetaminophen and codeine phosphate) 300mg/7.5mg,300mg/15mg, 300mg/30mg and 300mg/60mg tablets. Acetaminophen with codeine is a combination medication indicated for the management of mild to moderate pain, where treatment with an opioid is appropriate and for which alternative treatments are inadequate. Acetaminophen with codeine products have annual U.S. sales of approximately $45 million according to IQVIA (formerly QuintilesIMS Health Data). The Company is not pursuing licensing deals for any opioids at this time until the market changes. The Company will wait for the market to stabilize before pursuing these opportunities.

On a recent call Nasrat said he has been trying to sell Elite's right to acetaminophen and Codine. If your right about there being zero worry for a drug company to sell opioids why aren't three any takers for this drug? He even sarcastically asked stock holders on the phone to have interested parties give him a call. It should be well known amongst potential buyers that Nasrat will give them an amazing deal to get it off his hands.