Elite Pharmaceuticals Inc (ELTP): His total comp is in a different league...

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Elite Pharmaceuticals Inc (ELTP)

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Re: The ELTP King post# 379531

Saturday, 04/15/2023 8:12:07 AM

Saturday, April 15, 2023 8:12:07 AM

His total comp is in a different league than what Elite could afford. It’s on par with Nasrat’s. If Elite goes that route, they are choosing to invest in leaders and not the company. Too many resources tied up in comp away from company investments - IT, IR, prod dev, compliance, operations, etc. A million bucks per year goes a long way to help Elite keep moving forward.

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