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Elite Pharmaceuticals, Inc. Message Board

  • meifud meifud Mar 22, 2013 4:30 PM Flag

    another down dog day as more longs realize they cannot believe what the ceo says

    frankly, he has demonstrated in inability to work with, let alone understand, the FDA
    he publicly insults and blames them in cc's yet has caused the delays and problems himself

    doesn't seem like he understands the nature of financing either
    he gets special help from New Jersey to float a bond for him, and then quickly defaults
    he issues shares in lieu of paying cash at far below market price w/o thinking of doing a secondary
    and he works out a deal with socius that turns out to be illegal according to the SEC
    and he dropped the ball with novel such that elite's 10% interest may now be worth less than nothing

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