Replies to post #385364 on Elite Pharmaceuticals Inc (ELTP)

[jour_trader]

You’d see the cash impact and it would be called out in financials. Can’t hide a transaction like that.

[The ELTP King]

Zero chance that happens. Listen to the Annual CC on June 30.

Mikah has 25% of net profit from Adderall. Buyout should occur this quarter as NH realizes it looks like a conflict.

They have to. It involves Elite, a publicly-traded company.

The only thing we won't know though is how much Nasrat(Mikah) paid for them initially.

I wonder if they will publish buyout price since Mikah is private.