Replies to post #341470 on Elite Pharmaceuticals Inc (ELTP)

[virelle]

I've already done it.

Nasrat said "there will be good news for Elite later" about the Sungen adderal rights.

Either, mikah merges with Elite, or Nasrat reveals the amount.

If Nasrat does not disclose the amount, this places the CEO of Elite, de facto, in a position of conflict of interest.

The price being low, he preferred to buy the 50% for himself (mikah) rather than leave them to Elite.

The price being high, he would have NO reason to hide it.

We need to put pressure on Dianne and Nasrat and get a clear answer on this.

[jour_trader]

No it is anything but unreasonable. Shareholders just can’t demand something they don’t own. Pie in the sky demand.