Elite Pharmaceuticals Inc (ELTP)

[WeeZuhl]

Good thing Nasrat's shares are common...like ours. That scenario is laughable at best.

Not sure what you're getting at. Add up Nasrat's hundreds of millions of shares with Epic's boatloads of shares and they already control a full vote of shareholders. It might be close today for an unpopular proposal, but in a few years it will not even be close. Nasrat is perfectly happy to just keep kicking the can the down the road, collecting CRL's, dumping ANDA's, making promises, upgrading his facility, spending R&D money for his secret pipeline, and accumulating ownership at a rate of more than 10,000,000 shares/year.


So go ahead and continue to praise the brilliant job Nasrat is doing for a little longer and then we'll see who's laughing. (Hint: initials are NH.)