Elite Pharmaceuticals Inc (ELTP): This post makes ZERO sense. Nasrat HI...

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Elite Pharmaceuticals Inc (ELTP)

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Re: imanjen13 post# 377434

Wednesday, 02/08/2023 12:09:12 PM

Wednesday, February 08, 2023 12:09:12 PM

This post makes ZERO sense.

Nasrat HIMSELF said the stock is being manipulated on the OTC and will never go up.

THEREFORE, how in the HELL is the stock going to get to .15-.25 by itself before a reverse split and listing on the Nasdaq?

ANSWER: IT WON'T

That means Elite needs to reverse split IMMEDIATELY to attract institutions and have the stock rise to a fair market cap.

Nasrat is an IDIOT.

While a reverse split will be necessary, NH believes it should be done after the market recognizes the intrinsic value and prices the stock at a higher price.

MAKE ELITE GREAT AGAIN!

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