Replies to post #432255 on Elite Pharmaceuticals Inc (ELTP)

[HenryB3]

Blah blah blah. Free shares, warrants, bonus'etc. You get paid a nice yearly salary, it's a personal piggy bank. Shares are nothing more than icing on the cake. Otc shenanigans. Sub 12

[Yankee001]

Kirko can purchase 3mm on September 22.
Looking at the last 10-K under his employment agreement it states he will be entitled to purchase options (3mm based on his date of hire price) options on September 22, his third anniversary and vesting date.

"This agreement ('Agreement') is made on September 5, 2022, by and between Elite Pharmaceuticals, Inc., a Nevada corporation ('Company'), and Kirko Kirkov ('Executive')."

" 2.2.2 Stock Options.

Upon the approval by the Board of Directors of Elite, Executive shall be granted stock options to purchase (Three Million) 3000,000 ELTP Shares. The options will vest over a three-year period, commencing one year from the date of issuance. The share price will be the stock at closing on the first day of employment."

[HGiLS]

I think doug needed to sell to pay taxes

[jimr1717]

Incorrect, Doug knew that the shares are over valued and should be sub .12 like Henry has been telling you.
Even the insiders don’t drink the koolaide