Replies to post #353210 on Elite Pharmaceuticals Inc (ELTP)

[The ELTP King]

LOL!!!!!!!!!!!!!!!!!!

February 17, 2021 Conference Call

Nasrat: "An email from a long time shareholder EH, I chose to answer this question. I usually don't do that, because I really want to make a point beyond the question. The question is about rumors of possible merger, and also selling shares in private deals. Can you promise me to abandon it?"

"Don't believe all the rumors here. I've been with this company for seven, eight years now and not getting paid except in shares that I don't see because Carter keeps them actually."

I think he is shooting for taking Elite private as soon as he has enough ownership. At that point, he’ll push for significant investment & growth when retail shareholders are out of the picture.