Elite Pharmaceuticals Inc (ELTP): Both things could be true. He was windin...

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Elite Pharmaceuticals Inc (ELTP)

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Re: IB_ post# 381584

Tuesday, 06/27/2023 2:29:06 PM

Tuesday, June 27, 2023 2:29:06 PM

Both things could be true. He was winding down Mikah but after Sungen failure; he decided to utilize the Mikah fiefdom to buy out Sungen's share of Adderall to keep it away from an unfriendly and/or foreign corporation.

As you know, the Board has approved the purchase of Mikah's share, but due to the Lannett distribution loss, they decided to first await the result that the company has sufficient funds for the purchase. Shareholders can expect the purchase to be completed pending the Quarter ending in September.

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Recent ELTP News

Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:07:15 PM
Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:30:31 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 09:55:26 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 07:21:28 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 09:20:29 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 09:20:20 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/28/2023 12:05:38 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:58:46 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 09/25/2023 08:15:15 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 09:30:05 PM
Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 07/31/2023 08:20:27 PM
Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2023 08:15:16 PM
Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 09:15:09 PM
Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 06/29/2023 08:43:45 PM

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