Replies to post #339418 on Elite Pharmaceuticals Inc (ELTP)

[WeeZuhl]

Do you plan to reduce your position or will you still hold? (I suppose you will not increase your share count) Thanks!

Thanks for reading, and thanks for asking. I will see how I do and then make further decisions about my position. Here are my goals:

1. Ongoing oversight with an independent auditor for both Elite & Mikah who will guarantee that material events for Mikah are reported to Elite shareholders.

2. Establish the details of the Adderall Purchase Agreement between Mikah and SunGen, including and especially any partners or financing involved.

3. Establish a protocol for the transfer of the Adderall ANDA's from Mikah to Elite and immediately begin the protocol.




It is time to expect better from Elite management. Stay tuned, more to come...