Elite Pharmaceuticals Inc (ELTP): Why didn't Nasrat have Elite ITSELF...

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Elite Pharmaceuticals Inc (ELTP)

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Re: WeeZuhl post# 397187

Tuesday, 02/27/2024 9:43:45 AM

Tuesday, February 27, 2024 9:43:45 AM

Why didn't Nasrat have Elite ITSELF purchase trimipramine for pennies on the dollar?

We all know why...

Nasrat is one corrupt MOTHER PHUCKER.

While Hakim was CEO of Elite in 2016, Mikah purchased trimipramine ANDA from TEVA divestiture. In 2017, Mikah made supply & distribution agreements with Epic & Dr. Reddy- all of it while telling Elite shareholders that Mikah was dead. Two weeks after signing the distribution agreement with Dr. Reddy, Mikah sold it to Elite for $1.2M plus interest, which IMO, is at least 50X markup, maybe 100X.

BLUE LIVES MATTER.

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