Replies to post #195920 on Elite Pharmaceuticals Inc (ELTP)

[Sixman]

I think the purpose of the poison pill has run its course, yes. The risk of hostile takeover is essentially nonexistent at this point, and the shareholder protective agreement creates too much uncertainly in today's environment. It is my opinion that this provision is responsible for keeping the share price down, at least in part. Eliminating this provision is in the best interest of all common shareholders.