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Elite Pharmaceuticals Inc ELTP
Posted On: 01/08/2013 4:53:13 PM
Post# of 2146
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Posted By: Hike
Re: tangerine #520

Musing out load here but what if Epic or Epic investor sold off common to dilute Helo below 5%? Helo supposedly offered loan to ELTP at same terms as JT's loan. Also could have asked to be on the board?



Also....some math to be done here.


on 12/14 at 20,000,000 shares he had 5.7% ownership. That implies 350,877,193 shares.


Today at 15,000,000 shares he had 3.9% ownership. That implies 384,615,385 shares.


So therefore 34,000,000 shares added?















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