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Elite Pharmaceuticals Inc ELTP
Posted On: 06/22/2013 10:33:55 AM
Post# of 2146
Posted By: ryan g
Interesting post from IHUB:



NO CHOICE "REVERSE MERGER" NOVEL w/ ELITE.
Just imagine GAVIS / novel / = ELITE ( the only PUBLICLY TRADE CO. IN THE U.S. )
Although GAVIS is traded in INDIA . There is a better chance OWNERS will become MULTI millionaires overnight when this happens.

KALI was acquired for 135M by Par pharmaceuticals when they only had 50 employees/ 45k sq ft facility w/ 5 approved generic drugs.

Now NOVEL has 200+ employees w/ 80k sq ft facility , that is double KALI's @ 11+ generic drugs " 270M".

Add GAVIS 40k sq ft facility + NOVEL = 405 MILLION take over target or

Best move GAVIS + NOVEL = E L I T E ( promising pipeline , only publicly traded co of the THREE ) can we say Reverse merger then wait or a BUYOUT from PAR PHARMACEUTICAL again.

VALUE = close to a 1 BILLION $$$$$ buyout

As written in several articles google NOVEL LAB and ELITE in one line...

THE VAULT OF $$$$$$$ waiting for ELITE spike at any moment now!!!














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