Elite Pharmaceuticals Inc (ELTP)

[elichen2]

No, for the buyout scenario, it IS NOT in Nasrat’s interest to have the price rise. All that matters is total number of shares he owns. So the lower the pps, the more shares he gets paid as salary.
This is why our situation as shareholders is now so precarious.

I used to think that we were all in the same boat—that whatever benefited Nas also benefited
us. But now i think there’s a conflict of interest between what’s best for him vs what’s best for us. WHAT (if anything) CAN WE DO????