1. If they are willing to pay $15 M and willing to pay ELITE royalty after they sell the drugs. Maybe they are after the BIGGER fish.
2. Maybe if they planning on buying Elite, that is their way of paying the company officers. selling the shares to the company officers cheep and paying them latter when they buy the shares back as they take Elite over.
Diane just called me back. the end of year reporting is due in 2 hours.
She explained, new reporting rules are in effect and now they are reporting 2 weeks earlier than usual.
Good news in 2 hours, we all hope.