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04/27/15 2:53 PM

#152354 RE: Debcat #152353

It is an old Form 4 simply corrected today. It is nothing.

Form 4/A ELITE PHARMACEUTICALS For: Apr 25 Filed by: NIGALAYE ASHOK G
10K WIZARD 2:48 PM ET 4/27/2015
http://archive.fast-edgar.com/20150427/AE2ZR22CZ222G2Z2222L22XZW6T3ZMR22W72

Filed on: April 27, 2015


1. Ashok G. Nigalaye is an equity owner and executive officer of each of Epic Pharma, LLC ("EP"), and Epic Investments, LLC ("EI") (which is controlled by EP), which owns securities convertible into or exercisable for in excess of 10% of the outstanding shares of common stock of the issuer, and also serves as a director of the issuer.
2. This transaction was originally reported as 130,000 when the correct number was actually 140,000.
3. Of the 30,366,536 shares of common stock, 22,767,183 shares of common stock are owned indirectly through EI and 7,599,356 shares are owned directly by the reporting person.