Replies to post #369281 on Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

They are going to qualify next year for the more exclusive NASDAQ Global Select option, which is exactly what I laid out.

More eyes on the prize.

[IB_]

Ahhh yes there it is .... The Ol' Elite reverse split option !!!!!!!!!!!!!!!!

"Elite has to meet the requirements on either page 10 or page 11...............WHICH THEY ALREADY DO...............except for the PPS which will be achieved through a reverse split."

So, let's say Elite was to do a 1 for 100 reverse split, then Elite's share price would need to climb to $100.00 per share for us to reach the same shareholder value as NasRat use to talk about when he said getting to Dollarland ORGANICLY !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

A reverse split is one of the worse outcomes for our shares ........

Hey Thanks A Lot King,

IB_