Elite Pharmaceuticals Inc (ELTP)

[Maxthedog]

that deal was negotiated between the CEO of Elite and the CEO of Mikah, right?

NO, IT WAS NOT. iT WAS ONLY MIKAH AND SUNGEN. Elite had no dealing with the sale. Why would Elite be involve? As CEO of Eltp, yes he knew what he was doing, but I don't believe it was offered to Elite, no records or written statement had said that, it was hearsay. I only know that a sale between Mikah and Sungen to sell their half which came out to be 50% of Adderall. As the Ceo of Elite and owner of Mikah, Hakim Nasrat knew or both parties knew, the saying that Elite had no way of buying the other 50% is questionable.
I say its questionable or a gray area because there are no written documents and therefore you can say anything or make up any excuse. I'm just laying what I found over the internet and wondering if its true or not.
Is there a fairness opinion somewhere?
Well, this is the point of having ownership of a company in this case Mikah, and being the CEO of ELTP, and are doing business together, against one another, is this legal? that's the issue.