Replies to post #439084 on Elite Pharmaceuticals Inc (ELTP)

[JamesF1]

I also think it could be Dexcel, but not for the reasons you mentioned. Merging Dexcel with Elite and up listing the newly merged company to NASDAQ would be an easy way for Dexcel to go public and expand their business.

[snupoled]

Ib,
If we have guessing game:
Sold privately, .7150 after hours news release
Friday dec.26
"Summarized by its the best we could do, and
No mention of Mikah
Snup

[Hello Newman]

So, you really think that a major Wall St firm in charge of handling mega deals will be complicit in hiding and not disclosing the full terms of an Elite Pharmaceuticals proposed sale to its investors...you think that firm is going to risk their reputation over a small potatoes 1-2 billion sale such as Elite? You really think Nasrat has that kinda pull? I think NOT.

[Just give me $1.50]

A publicly traded company is going to offer us $1.50 and Dexcel is going to offer us only $1.00 and Nasrat is going to take the Dexcel offer just so everything with the Mikah Tax stays private.

I agree, it could be Dexcel .... He needs to sell to a private pharmaceutical company so no one will ever know how much allotted for Mikah out of the deal !!!!!!!!!