Elite Pharmaceuticals Inc (ELTP): QUOTE: "THE PROXY VOTE Discussion is Com...

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Re: Couch post# 100770

Wednesday, 04/02/2014 2:53:13 AM

Wednesday, April 02, 2014 2:53:13 AM

QUOTE: "THE PROXY VOTE Discussion is Coming!!! ~~~~ and SOON it will be time to VOTE ~~ YES"

And the big issue to clarify is that--contrary to many peep's incorrect assumptions--the authorization of more shares DOES NOT mean dilution.

Why NH and JT are asking for this authorization?

What, exactly, are the benefits to shareholders and the company to vote YES to the authorization of more shares?

Is there any downside for shareholders in voting YES?

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