Replies to post #376629 on Elite Pharmaceuticals Inc (ELTP)

[namtae]

Id have to disagree with this part of the post

However, by not using options, shareholders continue to get ripped a new one from continued stock dilution (grants and bonus payouts) while the stock price doesn’t rise and incentives given are clearly not aligning with or benefiting shareholders, allowing stock grant receivers to accumulate more at a depressed price.
Nasrat knows this, which is why he isn’t going the options route.

Elite is issuing shares to the CEO for equal value in lieu of cash

Issuing stock options exercisable at the share price is not compensation. They are intrinsically worthless. $500k in stock or worthless options?

Stock options are good as incentives but not as a replacement for salaries

RSUs could be a consideration

[IB_]

"His end goal is a sale of the company and he wants the biggest piece of that pie, however big or small that price will be."

I agree, except I believe he intends on taking the entire pie before it is sold,

IB_