Elite Pharmaceuticals Inc (ELTP)

[The ELTP King]

What the HELL are you talking about???


Nasrat: "I chose to answer this question. I usually don't do that, because I really want to make a point beyond the question. The question is about rumors of possible merger, and also selling shares in private deals. Can you promise not to abandon Elite? Don't believe all the rumors here. I've been with this company for seven, eight years now and not getting paid except in shares that I don't see because Carter keeps them actually. Obviously if I want to sell my shares in a private deal, I would have done that a long time ago. I have a commitment to this company."

I wonder if those who applaud the CEO despite the lack of stock upward movement will blame him when he takes it private for 2 cents per share