Replies to post #342247 on Elite Pharmaceuticals Inc (ELTP)

[namtae]

How fair have the dealings with Mikah been isnt really the primary question.

The primary question is about FULL DISCLOSURE

Until then, its left to everyones own speculation and anecdotal evidence which in some cases raises suspicions of wrongdoing

[The ELTP King]

Yes, everybody understands that.

But that isn't the point.

Now we're onto to step 2.

Elite LITERALLY tried to pay for the 100% ownership of the Adderalls with shares.

Now, Mikah owns them, but Mikah LITERALLY will ALSO not accept shares for them.

SunGen: "We won't accept shares for the Adderall products."

Mikah: "Okay, I'll buy them, and then Elite can pay me in shares or cash later through some agreement."

OOPS, Mikah is not accepting shares either. (At least not at this time so Nasrat can MILK them for all their worth first)

WTF is up with that!!!???

UNBELIEVABLE.

The man put up $3M of his own money to keep the profit sharing plan for the Adderall products away from another company. It would not have been in the best interest of Elite for a competing generic to own a piece of the largest revenue maker in the company's history.