Elite Pharmaceuticals Inc (ELTP)

[HankVerde]

I don't understand all the concern over a R/S. Yes, most of the time they don't work out, I'll agree to that point. But it's usually because when a company does a R/S it is desperate and is trying to keep their stock price up so they don't get delisted from whichever exchange they are on.

However, that's not the case with ETLP. Our CEO probably has more shares than all of us on this board put together, and I suspect he knows what he's doing. If he can loan the company $10m of his OWN money, and I'll assume he didn't give us all his money, he must have done something right during his career.

Do any of you really think he's going to do something that would damage the company and his (massive) stock holdings? I doubt very much this is the case, so don't be concerned about a R/S. And if it does happen, I'm confident it'll be the correct decision at the time.

If you are really concerned, then please sell your shares and go elsewhere. This one subject seems to have dominated this board more than any other over the last year. We've had so much great news recently and such a great rise in share price that we should all be cheering the decisions our CEO makes, not focusing negatively on a hypothetical situation that may or may not happen.

As for me, I don't worry. I be happy