Elite Pharmaceuticals Inc (ELTP)

[WeeZuhl]

Weezuhl, I hear your concerns as well as many others here. My one question to you is... Are we going to do something about it or we’re just talking for the heck of it?

Thanks for the reply, YJ4LIFE. Yesterday was the first day of school, so I'm sorry I couldn't respond to this sooner. I'm like an Uber driver for teenagers. This is the most important question. It really is what it's all about, isn't it? What can we do about these shenanigans that isn't just whizzing into the wind?


Step One: Realize Something Ain't Right.
Step Two: Identify the problems.
Step Three: Send your concerns in a letter addressed to individual members of the Board and copied to G. Kenneth Smith, VP Legal Affairs.
Step Four: Copy & Paste your letter to the SEC as an investor complaint.

https://www.sec.gov/oiea/Complaint.html

Step Five: Stay active. Present fact-based arguments and rebuttals. Consider all evidence-based statements, but recognize unsupported opinions for what they are.


As shareholders, we have been too complacent with our investment. The Board allows Nasrat to run Mikah like he does because nobody has objected. It's time to let them know how we feel about it. Be respectful. Use your own words to describe your concerns. Identify specific transactions that you think are a problem and explain why. Don't forget to CC VP Legal Affairs, and remember to bypass Dianne. She is not here to help shareholders communicate with the Board. She is here to shield the Board from shareholders. Send an individual copy addressed to each Board Member and Ken Smith to Elite HQ in Northvale.


One complainer is a pest, scores of investors sending letters to the board and complaints to the SEC is a real problem. Supposedly, Nasrat is super-afraid of getting sued. Let's find out how true that really is. It is time to expect better from Elite management. Something Ain't Right.