Replies to post #378397 on Elite Pharmaceuticals Inc (ELTP)

[springnut]

The release said intent on leaving. No affective date given. Why could he not stay till a replacement is found. I get the impression he is still there.

[The ELTP King]

Robert Chen clearly advised Nasrat of the huge benefits of a small buyback of stock to get Elite noticed and get a guaranteed 400% rate of return on those shares.

Nasrat told him no.

Robert Chen had enough.

CEO wants to do what he wants to do and not take counsel from Finance