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IB_

01/29/21 8:44 AM

#349979 RE: jour_trader #349978

Why do Elite shareholders continue to support Nasrat when he clearly does NOTHING for the shareholder year after year ????????????????

He held us hostage to get the authorized share count raised to almost 1.5 BILLION and he double deals with his own private company .............

How long will this Lawyer be allowed to go unchecked ?????????????????

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NASDAQ2020

01/29/21 9:28 AM

#349981 RE: jour_trader #349978

Im taking the opportunity to topoff for upcoming CC>

ELTP
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NASDAQ2020

01/29/21 9:28 AM

#349982 RE: jour_trader #349978

Im taking the opportunity to topoff for upcoming CC>

ELTP
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The ELTP King

01/29/21 9:49 AM

#349985 RE: jour_trader #349978

COMPLETELY WRONG.

Nasrat specifically told everyone he sold off Methadone because of the opioid lawsuits.

He REALLY wanted to keep Methadone, but couldn't..........unless you wanted Elite to potentially file for bankruptcy if a lawsuit was filed against us.

Listen to the previous CC's!!!!!


Desperate times call for desperate measures.

This is just one of several instances where Nasrat stated the bad business that contract manufacturing is. After this quote he ends up selling off Methadone ANDA to make the situation even worse. And now he‘a going back to contract mfg after turning his back on the weak margins. Amazing visionary. :D

“Now, remember, there is a big difference between contract manufacturing and ANDA ownership. In the past, Elite earned a manufacturing fee and that is all.

Referring to minimal revenue earned under Methadone contracting prior to ANDA ownership...before they sold that line off as well. “