My Fellow CTIX Shareholders, It was brought to
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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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