Replies to post #434544 on Elite Pharmaceuticals Inc (ELTP)

[kayak_wench]

He said something to the effect in the June CC also....but when he said he 'started it last yr he is referring to the first step as described in the July CC. So I take it to mean they signed up with a company to work with to get a sale done. What we were looking to do 3 to 4 months from the July CC was put the company on the market. Alot of work had to happen before that could be done. Happily they decided they had a good enough valuation in just six weeks so we were on the market and being shopped around by whomever they hired last year. I think the company 'could' have an offer to put in front of us by Sept, I just don't think it is likely. I do think if we are going to be successfully sold before we start working on uplisting that that sale would go through in Nov to Dev timeframe.

Our fundamentals are strong and this is the time for us to seek out mergers and acquisition or Nasdaq.
So what would be the first step if we're gonna do that? The first step would be, you will sign up with a world renowned company. The top companies in in the country, Jefferies, JPMorgan, Wells Fargo, Bank of America, among others. And believe me, I've talked to them all. Then if you sign up with one of them, they will bring you suitors.