Elite Pharmaceuticals Inc (ELTP): Cant understand shareholders fear of nas...

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Elite Pharmaceuticals Inc (ELTP)

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Re: jour_trader post# 379482

Thursday, 04/13/2023 11:10:35 AM

Thursday, April 13, 2023 11:10:35 AM

Cant understand shareholders fear of nasdaq.

Its not like theres much of a criteria to stay listed on nasdaq once qualified. So if Elite hits a bump in the road with the Lannett transition, so what? Its not getting delisted unless Elite does a severe nosedive in revenues/market cap, in which case it wouldnt matter nasdaq or otc

However, being listed opens the door to much more opportunity for funding, expanded shareholder base, probable analyst coverage, credibility etc

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