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Re: petemantx post# 230538

Tuesday, 06/12/2018 11:00:03 AM

Tuesday, June 12, 2018 11:00:03 AM

Post# of 403770
What I wrote is not inacurate at all, other than the $8900 per week ceo salary. You are correct, it is actually $8,958.65 ($465,850 annual salary per last 10K divided by 52 weeks=$8,958.65)

All else is truthful. The company contacted the Boston Business Journal and invited Don Seiffert to Beverly after one of the MAKO hit pieces and published an article in The BBJ on 8/16/15. An excerpt from that arrticle:

"Ehrlich — who calls the entire blog post a “lie” and a “fraud” — contacted me after I wrote a short blog on the matter earlier this week. He invited me to come out to Beverly to see the company first-hand, and I took him up on the offer. I had spoken to Ehrlich by phone a few times over the past two years but had never met him in person."

Seems Mr. Seiffert had spoken to LE "a few times over the past two years" prior to his 8/2015 visit

The article:

https://www.bizjournals.com/boston/blog/bioflash/2015/08/my-visit-to-cellceutix-the-biotech-that-a-short.html

I've contacted the BBJ keeping them up to with the company's progress via attaching the company pr's (started in early February 2018 attaching ipix 1/29/pr and some other pr's since. No response.

Here's the email first I sent to BBJ:

Hi Mr. Seiffert,

A few years back you did a story on a company based in Beverly, MA named Cellceutix(name changed last year to Innovation Pharmaceutical) (https://www.bizjournals.com/boston/ blog/bioflash/2015/08/my-visit-to-cellceutix-the-biotech-that-a-short.html).

Though their share price never recovered, their trials have succeeded with final phase 2b results for their drugs, Prurisol, to treat moderate to severe psoriasis, and Brilacidin, to treat oral mucositis , both due out any time this quarter..

Here is their most recent pr(1/29/18).

http://www.ipharminc.com/press-release/2018/1/29/innovation-pharmaceuticals-brilacidin-franchise-anchored-in-three-clinical-indications-oral-mucositis-inflammatory-bowel-disease-and-serious-skin-infections-expands-into-dermatologic-diseases

Any chance you could do a follow- up story?

Thanks,

xxx xxxxx

As ceo, cfo, receptionist, and investor contact(pr guy) he's juggling too much in my ipinion. He could easily, I would think, cut his own salary by $1000 per week and hire an office manager like a majority of similiar. I've also suggested he contact BBJ again, as well as the Boston Globe or Herald.