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Elite Pharmaceuticals Inc ELTP
Posted On: 04/22/2013 4:47:58 PM
Post# of 2146
Posted By: tangerine
The way it actually works is LP gets the 2.9m shares up front and can get up to an additional 2.9m pro rated, as the company required. They don't get 3m shares every time a tranche is issued.
Now why would someone skip the pro rated part of the sentence?













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