Yeah when the CEO loans the company a million dollars unsecured and buys 11 million shares on the open market and writes one of these letters. I tend to believe him. So I'll show the CEO that I actually trust him by voting yes in the upcoming proxy vote.
Nasrat had to determine a fair market value of the co. This is a must for his negotiations with Big Pharma. The new shares will allow Nasrat the ability to maximize share holder value. He will have 3-4 potential partners in a bidding war after tech proven beyond shadow of a doubt. In the mean time we keep chugging along with the needed financing if required.
Has anyone asked Dianne the name of the company that made that evaluation of ELTP at $2.10 - $2.75? And/or asked her why it has not been revealed and/or why it can't be revealed?
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