Elite Pharmaceuticals Inc (ELTP): If Nasrat keeps Elite on the OTC permane...

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Re: IB_ post# 380336

Wednesday, 05/17/2023 1:56:53 PM

Wednesday, May 17, 2023 1:56:53 PM

If Nasrat keeps Elite on the OTC permanently the share price will remain suppressed, which could be advantageous to a Mikah buyout. I don’t think a buyout would happen, but I could see an Elite/Mikah packaged deal that may include a small merger before selling to another party.

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