Elite Pharmaceuticals Inc (ELTP)

[mrwrn2010]

If your theory was correct, why would Nasrat do anything at all to improve the value of the company? Why not just skip the sales and marketing altogether, just contract manufacture or something and that’s it? Make maybe 1-2 million a year in revenues, fire half the staff or more, let the stock drift as close to zero as possible as the company starts to appear “dead” or dying to the outside world and then scoop it up cheap.

He’s clearly not doing that as evidenced by building up sales and marketing division, planning for purchasing or otherwise acquiring additional facilities, continuing to fill the pipeline at all stages of product development and spending millions upon millions in R&D, mentioned possibly selling other companies’ products for additional income… if the stock price responded normally like other stocks do with positive fundamentals/developments, no one would be complaining.