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Innovation Pharmaceuticals IPIX
Posted On: 02/23/2016 7:07:54 PM
Post# of 72447
Posted By: F1ash
Email from Cellceutix

My Fellow CTIX Shareholders,

It was brought to my attention that an article titled, “The Truth Emerges: Court Documents Discredit Article Disparaging Cellceutix” was published on Seeking Alpha today.

The summary of the article as stated on Seeking Alpha:
“Anonymous CTIX short seller Mako Research contributed a scathing article on August 6, claiming CTIX was a scam company with unviable science run out of empty offices.
Mako's article becomes basis of a class action lawsuit with only one plaintiff, one that has history with the lead counsel in another securities lawsuit.
Court documents show the complaint has been amended, removing the points from Mako's sensationalized headline, discrediting the author's opinion.
Cellceutix has filed a motion to dismiss the case; Mako has "gone dark."
Upside for CTIX is 127% to get back to the price when Mako's article was published. “
We encourage all CTIX shareholders to read and share today’s article. It can be viewed at: http://seekingalpha.com/article/3919626-truth...cellceutix













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