Replies to post #308131 on Elite Pharmaceuticals Inc (ELTP)

[WeeZuhl]

Weezuhl,
Do you consider it a fantasy that Sungen or its parent company would buy Elite?

Sounds like a great idea to me, but not too soon, okay? I want to see mature markets for Adderall, Adderall XR, Concerta, and every other Sungen #X+1, so there is plenty of organic growth in share price before any potential buyout. Sungen makes a lot of sense.

Do you agree that Nasrat must sell the company in order to cash out his shares?

I do not agree. I think if he took the stock to multiple dollars then nobody would care one bit when he started cashing out. I sure wouldn't. But let's not get ahead of ourselves. Step one is getting him out of his preferred shares, which is the real challenge.

How else if not via a buyout?

I think the best way for Nasrat to join the ranks of the uber rich is with a high-profile NASDAQ IPO. Bell ringing with Nasrat, Carter, Dianne, Chris, and all of our favorite ELTP personalities.