Replies to post #362692 on Elite Pharmaceuticals Inc (ELTP)

[HGilS]

we are not losing adderall to anyone. We may have to change Marketing partner.

[The ELTP King]

Mikah owns 50% of both Adderall IR and XR.

Elite owns the other 50% of both.

Elite is going to buy Mikah's 50% when they have enough cash saved up. Best guess is this coming summer/fall according to Nasrat.

Thanks.

Please correct me if I am wrong. But didn’t Mikah buy the rights for all adderals from sungen not to loose it to somone else? With plans on elite owning it 100 percent?