Replies to post #344065 on Elite Pharmaceuticals Inc (ELTP)

[IB_]

Ok, lets assume that someone does want to buy Elite .......... When it trades on the open market for 6 pennies per share ... Just how much PER SHARE can we assume another company will pay for Elite ???????????????????

IB_

[elichen]

1.Naz has said there have been suiters
2. that was before Adderall where ELITE is gaining a lot. much lower price than others.
3. almost no debt
4. pipeline, incl new form of Sequestox and new tech that can be applied to any other drug to make it ADT