Elite Pharmaceuticals Inc (ELTP): How does Mikah’s 50% purchase have any i...

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Elite Pharmaceuticals Inc (ELTP)

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Re: HGilS post# 398547

Monday, 04/01/2024 11:49:49 AM

Monday, April 01, 2024 11:49:49 AM

How does Mikah’s 50% purchase have any impact on Elite?

I see a CEO that has chips on one side of the table, but can see everyone’s cards in any potential transaction.

CEO claimed that Mikah’s ownership prevents a company from owning 50% Adderall rights can potentially be harmful to Elite. I think that is a very biased view from someone that was drooling at the opportunity. Not sure I agree with CEO’s view, but c’est la vie. To each their own.

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