Replies to post #353601 on Elite Pharmaceuticals Inc (ELTP)

[IB_]

Elite shareholders need to seek council to look into what Nasrat is doing !!!!!!!!!!!!!!!!

The way in which Nasrat went about getting shareholders to vote in favor of increasing the authorized shares seems criminal to me .................. it seemed akin to blackmail in my opinion !!!!!!!!!!!!!!!!!!!!!!!

I voted NO,

IB_

[The ELTP King]

What the HELL are you talking about???


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 not to abandon Elite?

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.

If obviously, I want to sell my shares in a private deal, I would have done that a long time ago. I have a commitment to this company.

Once he has enough shares, in conjunction with his cabal, he could move to take the company private.