Replies to post #395368 on Elite Pharmaceuticals Inc (ELTP)

[imanjen13]

Everyone is required to file a 13D if they own more than 5% of a stock. If my math is correct, that would be around 65 million shares. If we believe some of the posters here, they may be close to the requirement.

[bulldog75]

Interesting. If what you say is true, could the link below be one possibility???


https://corporatefinanceinstitute.com/resources/valuation/creeping-takeover/

[Skah373]

That's about the time frame when the poison pill clause expired. Purdue? Who would benefit from this