Replies to post #257712 on Elite Pharmaceuticals Inc (ELTP)

[namtae]

When an insider doesnt disclose sales, by definition, there are no SEC filings disclosed

Hope this helps you understand how the system works

[dr_lowenstein]

It might be useful: The SEC rules for insider trading can be circumvented. For example, on way would be to issue stock to an LLC investment company. The named officers of the investment company would be disclosed and subsequent trades by those individuals assuming certain threshold report obligations are met would be reportable. However, if shares are distributed to member of the LLC who are not named members, than those trades would not show up on Form 4 reports. Done all the time