Elite Pharmaceuticals Inc (ELTP): I for one am struggling to understand th...

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Elite Pharmaceuticals Inc (ELTP)

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Re: JamesF1 post# 402182

Wednesday, 06/26/2024 8:21:02 AM

Wednesday, June 26, 2024 8:21:02 AM

I for one am struggling to understand the merits of making a move to NASDAQ for almost any reason. Moving to NASDAQ is not something to be considered lightly, the costs are huge, and we need to spend those monies on growth (future) to jack the sellout price. The only way for Elite to be approved would be a massive reverse split. That can start the death march. PLUS, plans to sell the company in the next 24/36 months so what's the point. NASDAQ benefits will not be seen for many months longer than that, it's not like turning on a light switch. Let's stop this discussion now.

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Recent ELTP News

Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:07:15 PM
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