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Re: jour_trader post# 376297

Tuesday, 01/10/2023 11:19:09 PM

Tuesday, January 10, 2023 11:19:09 PM

Post# of 402540
Mikah merged with Elite in 2013.

August 15, 2013 Conference Call

Nasrat - "I truly believe in this technology and that is why I merged my company in it and became a part of it."

https://seekingalpha.com/article/1639802-elite-pharmaceuticals-ceo-discusses-2q-2013-results-earnings-call-transcript

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And this:

10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."

At some point I expect Nasrat’s strategy will include the combination of both dongs. Whether both together will create accretive value to Elite is questionable at best, but Nasrat would certainly benefit the most. Two dongs don’t make a right.


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