Replies to post #62425 on Elite Pharmaceuticals Inc (ELTP)

[Aqua]

Looks like added incentive for LPC that is agreed upon by both parties for Elite to lock down the financing. 6 millions shares does not seem a lot, and I see no relevant reason to blow this argument about the case for dilution out of proportion. With the projected PPS for Elite on Yahoo finance at $4, would it not be reasonable for LPC to hold ELTP for at least a year to maximize their investment to the fullest extent than quickly make a few pennies. This is what savvy investors do and I expect LPC to seek the maximum on their ELTP investment. Cheers!