Elite Pharmaceuticals Inc (ELTP): Mikah doesn't even exist. Not sure...

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Elite Pharmaceuticals Inc (ELTP)

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Re: jour_trader post# 380338

Wednesday, 05/17/2023 3:40:34 PM

Wednesday, May 17, 2023 3:40:34 PM

Mikah doesn't even exist. Not sure what you're talking about.

But don't take my word for it, here are the OFFICIAL SEC filings:

2015 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."

2016 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."

2017 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."

2018 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."

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.

MAKE ELITE GREAT AGAIN!

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