Sat, Sep 20, 2014, 1:37 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Elite Pharmaceuticals, Inc. Message Board

  • meifud meifud May 18, 2013 12:14 PM Flag

    why elite does not have access to 10 million dollars

    Lincoln cannot own 10% or more of the outstanding stock,

    they are already getting about 5.7 million shares free as a signing bonus, so that only leaves room for about 30 million more shares at these prices which means elite will bet less than $2.5 million

    and that money, arriving at the rate of $160k per week will be be consumed repaying the loan from the ceo in july (plus 10% interest) and making overdue principal payments on the njeda loan in september


Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.