Replies to post #423453 on Elite Pharmaceuticals Inc (ELTP)

[IB_]

100 PERCENT of this board wants an ALL CASH buyout REGARDLESS of if their shares are in a Roth, Individual account, or a mixture of both.

Thanks.

IB_🤴

[Yankee001]

Bngo and others,
First, I am long ELTP and pray for the best of the best outcomes, I believe we have a winner.

However I keep seeing folks thinking another company can buy ELTP and simply start manufacturing their imported products in 90K sq feet in NJ to avoid the tariffs. Today's thinking on J&J's site in Wilson. Really? The lunch room in that building will have a larger footprint that all of Elite combined. As much as I hate posters with negative things to say in attempts to drive the prices down this is not meant to do that. But we need to be realistic people, Elite is a tiny operation that happens to have tremendous potential that we will soon collect on. But we need to make sense and eliminate the speculation who will buy the company. It may very likely be one of the top 10 but not because of tariffs.

"No major build out is required or waiting for the lengthy regulatory approval process...up and running within days and not years from a new build out to manufacture their existing multi-billion dollar block buster drugs. "J&J's site in Wilson, where it plans to invest more than $2 billion, is expected to create 5,000 jobs during the construction stage, and more than 500 positions across the state."

[NASDAQ2020]

There are advantages and disadvantages to both.
Who you merge with is a concern as well.