Elite Pharmaceuticals Inc (ELTP)

[packerfanbud]

Well, it is a long an complicated document. I suggest you read through it. They also aren't giving the shares away in this case. They are giving warrants, which allows them to purchase shares at a discount, which is another way for Elite to raise the cash needed for their product development. Elite will also get 15% of the profit from the drugs developed by Epic at Elite's facility. So Elite gets a quick injection of cash to solve immediate issues and long term profits from these products down the road.