Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

Elite has never had an IR dept that actually acts in that capacity. For some reason, CEO wants to keep Elite as quiet as possible. I'm not sure he wants us to actually uplist. I'd prefer this, but don't think he wants additional scrutiny and accountability. Once active investors get involved they are relentless. I think Nasrat wants to avoid this.  He likely doesn't care where the share price is today because we have no need for additional liquidity. I think he is prioritizing a sale of the company so he can immediately liquidate and this will happen all in due time.