Nasrat/Mikah saved this company - all the noise you can make will not change the facts - HE MATCHED the offer given to ELITE - I prefer MIKAH than Purdue as our partner !!!
Nothing illegal about that !!!
--------------------- Holy sh*t!!!!! - Nasrat is going to JAIL!!!!! - Or a least a HUGE fine!!!!! (Class Action Lawsuit)
I didn't realize this was RIGHT in the middle of Mikah having "ceased operating" and also "winding down and LIQUIDATING its assets".
LOOK AT THIS TIMELINE:
2015 10-K- "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."
2016 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."
2016 - While Hakim was CEO of Elite in 2016, Mikah purchased trimipramine ANDA from TEVA divestiture.
2017 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."
2017 - Mikah made supply & distribution agreements with Epic & Dr. Reddy - all of it while telling Elite shareholders that Mikah was dead. Two weeks after signing the distribution agreement with Dr. Reddy, Mikah sold it to Elite for $1.2M plus interest
2018 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."
-------------- Holy sh*t!!!!! - Nasrat is going to JAIL!!!!! - Or a least a HUGE fine!!!!! (Class Action Lawsuit)
I didn't realize this was RIGHT in the middle of Mikah having "ceased operating" and also "winding down and LIQUIDATING its assets".
LOOK AT THIS TIMELINE:
2015 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."
2016 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."
2016 - While Hakim was CEO of Elite in 2016, Mikah purchased trimipramine ANDA from TEVA divestiture.
2017 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."
2017 - Mikah made supply & distribution agreements with Epic & Dr. Reddy - all of it while telling Elite shareholders that Mikah was dead. Two weeks after signing the distribution agreement with Dr. Reddy, Mikah sold it to Elite for $1.2M plus interest.
2018 10-K - "Mikah has accordingly ceased operating and is in the process of winding down and liquidating its assets."