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Rdunn88

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Rdunn88

Re: daydreaming2 post# 103247

Wednesday, 05/20/2015 5:48:46 PM

Wednesday, May 20, 2015 5:48:46 PM

Post# of 403079
daydreaming, The Aruda agreement is for "16 million shares" spread over 16 months. So, we're stuck with Aruda until January 2016. I'm assuming he's been a seller and part of the price collapse since January?

http://sec.edgar-online.com/cellceutix-corp/8-k-current-report-filing/2014/09/02/section4.aspx

On August 28, 2014, a settlement took place between Dr. Menon and Aruda which resulted in the following: Menon acquired all of the rights Aruda claimed in the Kevetrin patents in return for (i) the transfer to Aruda and designees an aggregate of 16,000,000 shares of stock in Cellceutix over a period of 16 months,



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