Elite Pharmaceuticals Inc (ELTP)

[elichen2]

I would like it to be true what you assume about Nasrat’s vast number of shares and his not having sold any. BUT one can also look at from the standpoint that he can thetefore afford to sell the company at a very low price and still come out very wealthy while shareholders stay underwater or at best break even or make a very small profit. The opportunity cost over all these years could be very large.

Having said this, i certainly hope that he will sell fairly soon for a very high price and his ego could be a big help to that end.