Elite Pharmaceuticals Inc (ELTP)

[Dr Speculator Ninja]

I can understand and even appreciate a contrarian point of view. One that pressure-tests perceived risk or weaknesses in Elite's business or go-forward strategy. Years ago it was more warranted as they navigated toxic financing, Lannett's partnership and ultimate collapse, a revolving door of CFO's...etc. In fact, the partnership with Mikah is still a gray area for me. I don't feel like I have all the information. But I also don't think the unknowns are detrimental to my investment or that the CEO is orchestrating some rug-pull to investors. Especially after opening up an employee stock plan for his workforce. I feel like much of the risk is well behind us. If I DID think something was detrimental to my investment, I'd move my money to something I felt more secure in. I guarantee you wouldn't see me here (on this board) again if I lacked faith in the company and pulled my money... what would the point be?

So for me, what really stinks in Denmark is the unwavering refusal to accept or even acknowledge the other side of the coin - the positive aspects of the company. To continue to show up (often for YEARS) with such obvious lack of faith in Elite is the definition of insanity. It makes ZERO logical sense.