Replies to post #168573 on Innovation Pharmaceuticals Inc (IPIX)

[MinnieM]

That article is bs. It's a short and distort article.

If an article comes out with valid points I'd want to know. But, the platinum thing is beyond the pale. I've done enough research on the company to know that if they have invested in the company it must have been between 2008 and 2010. It hasn't been in the last 6 years that I've been researching the company. It's a meaningless bit. Trying to turn it into something of meaning is bizarre and purely for personal gain in his/her short position.

Whatever that investor group may have done has nothing to do with Cellceutix.

[mdphd2008]

Congratulations to the LONG and STRONG Cellceutix shareholders. We survived the "fake news" Mako short attack.
Hopefully, the only person who got tricked into selling today was Aruda;)

[sox040713]

Cellceutix Strongly Denounces Criminal Enterprise Mako Research, Who Published “Fake News” Full of Lies and Innuendo

BEVERLY, Mass., Jan. 17, 2017 (GLOBE NEWSWIRE) -- Cellceutix Corporation, (CTIX) (“the Company”), a clinical stage biopharmaceutical company developing innovative therapies with dermatology, oncology, anti-inflammatory, and antibiotic applications, responds to the latest defamatory article published today on Seeking Alpha by the short-selling anonymous author going only by the name Mako Research.

As with Mako’s prior article on Cellceutix, the non-credible criminal author makes countless unfounded, wild allegations about the Company. The purpose of the iniquitous writings of Mako is to scare shareholders and drive CTIX stock lower for the profit of the author and all organizations collaborating in the illegal and manipulative market activity often called, “short and distort.”

The original article served as the foundation for a class action lawsuit, which was dismissed by the court with prejudice, as there was no truth in Mako’s so-called “research.” The entire legal case discrediting Mako can be viewed at:

http://ia601507.us.archive.org/4/items/gov.uscourts.nysd.447344/gov.uscourts.nysd.447344.docket.html.

“Mako is a pawn in an organized criminal enterprise that profits tremendously from this type of fake news that Seeking Alpha relishes publishing because it drives web traffic. There’s a reason that the courts have ruled that Seeking Alpha is not a credible news source,” commented Leo Ehrlich, Chief Executive Officer at Cellceutix. “We will continue to gather information on Mako and his co-conspirators.”