Champions Oncology Inc (CSBR): Hi again Beaner: I have just written...

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Saturday, 07/16/2011 5:44:33 AM

Saturday, July 16, 2011 5:44:33 AM

Hi again Beaner:

I have just written an email to Joel Ackerman, C.E.O. asking him to explain why it is necessary to set up a separate subsidiary for the development of new drugs and have CSBR take only a minority interest in that subsidiary when they could probably raise the funds themselves for that subsidiary and take a majority ownership in that subsidiary. I told him that there are disgruntled investors that need an explanation as to why this is necessary. I will inform you of his response when it arriives.

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