Elite Pharmaceuticals Inc (ELTP): Elite paid the interest on preferred sha...

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Re: richme post# 41475

Tuesday, 01/15/2013 6:32:34 PM

Tuesday, January 15, 2013 6:32:34 PM

Elite paid the interest on preferred shares with common shares. Once the preferred are all converted the dilution that occurred as a result of paying the interest w/ common shares will cease.

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