Replies to post #98385 on Elite Pharmaceuticals Inc (ELTP)

[YJ4LIFE]

Great post mrwrn2010! Exciting time ahead indeed.

[sinjohn221]

Great Post, I agree with you 100%. I have held ELTP about as long as you have and still remain true to my investment. Enjoying the turn around and watching the future grow.

[lasers]

mrwrn2010 Most importantly the increased A/S gives Nasrat Hakim significant increased negotiation leverage with a potential partner. Hardball tactics rule in such negotiations and NOT "old friends". Without the increase and therefore more choices for $ELTP, the potential partner wants a much bigger piece of $ELTP's pie at considerable expense to $ELTP shareholders.

Time to think outside the box $ELTP Shareholders and put oneself in $ELTP mgmt position. To go into such a discussion without a strong hand is frankly poor judgment and doomed for failure. Such poor judgment happened to the old $ELTP when Purdue laughed at $ELTP talk of partnership and walked away. $ELTP fell to the brink of bankruptcy and was rescued by Jerry Treppel's leadership.

Think big $ELTP Shareholders and think $Range. $ELTP mgmt know what they are doing in these hardball negotiations and they will lead $ELTP PPS into the $Range with maximum profits to $ELTP shareholders.

lasers

[NASDAQ2020]

Your view of things is appreciated, thanks for sharing with the board. GL