Elite Pharmaceuticals Inc (ELTP): If options didn’t work as an incentive t...

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Elite Pharmaceuticals Inc (ELTP)

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Re: no2koolaid post# 373709

Friday, 09/16/2022 3:41:24 PM

Friday, September 16, 2022 3:41:24 PM

If options didn’t work as an incentive they wouldn’t exist. We wouldn’t see management selling shares at publicly held organizations. Options have become the primary form of compensation. There was a Fortune article earlier this year that claimed 2/3 of CEO compensation comes in stock option form! Where compensation incentives are set the execution follows. Public company management is incentivized to make decisions in best interest for shareholders and them. Elite’s CEO has both sides of his bread buttered (maybe even the crust too) through non-arms length deals with Elite, via Mikah and via Elite. He has made out like a bandit.

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