Replies to post #206615 on Elite Pharmaceuticals Inc (ELTP)

[Clear_View]

Agreed, on the condition of FDA acceptance. Once that's settled, they'll buy as the Chinese are not interested in partnering. The current company valuation is chump change and, even with some pulse from an FDA approval, still "small money"...

[Chasing]

I don't know if it's PuraCap or some other BP, but the more I think about it, the more I'm confident in what's going on. I think somebody has offered about 50-60% of what Nasrat wants for a buyout, and today he was posturing. I suspect he was offered 2.5 to 3B and he wants 5 to 5.5B. It was a very bizarre CC.

Maybe the CC was delayed so Nasrat could figure out how he wanted to approach this posturing. Nasrat really said a lot today, and no one on this planet could have guessed a lot of what he said.

[lasers]

At the very least IMO PuraCap will be a solid partner for $ELTP in the USA that will grow into Global Partnerships in Asia.

http://puracap.com/