Cellceutix

Thank You - Seite 4

Other individuals mentioned were minor purchasers of the Company's stock. Also, we have not received any complaints from shareholders about our stock transfer agent or our law firm.

One last item, I would like to thank Dr. James Alexander who had retired from Cellceutix for medical reasons before the 'bash' story unfolded, for preparing the Kevetrin portion of our response on Friday.

It is impressive what Cellceutix has accomplished with a small group of very talented people attracting the attention of some of the best researchers and clinical sites in the world. As I've said many times, I believe the best is yet to come. None of our achievements would have been possible without the unwavering dedication of our team, partners and shareholders that this particular group went to great lengths to try to discredit. They used unethical and illegal methods from the historically effective playbook of shouting 'FIRE' for self-enrichment at the expense of our shareholders.

We will continue to try and get to the bottom of this. We are speaking with counsel about offering a reward for the identity of the short group so the company and shareholders can seek redress. We've hit record highs following these types of attacks and believe that our science will see to it that we do it again. Thank you for your ongoing support."

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About Cellceutix:
Headquartered in Beverly, Massachusetts, Cellceutix is a publicly traded company under the symbol "CTIX". Cellceutix is a clinical stage biopharmaceutical company developing innovative therapies in oncology, dermatology and antimicrobial applications. Cellceutix believes it has a world-class portfolio of compounds and is now engaged in advancing its compounds and seeking strategic partnerships. Cellceutix's anti-cancer drug Kevetrin is currently in a Phase 1 clinical trial at Harvard Cancer Centers' Dana Farber Cancer Institute and Beth Israel Deaconess Medical Center. In the laboratory Kevetrin has shown to induce activation of p53, often referred to as the "Guardian Angel Gene" due to its crucial role in controlling cell mutations. Cellceutix is in a Phase 2 clinical trial with its novel compound Brilacidin-OM for the prevention of Oral Mucositis in patients with head and neck cancer. Brilacidin-OM, a defensin mimetic compound, has shown in an animal model to reduce the occurrence of severe ulcerative oral mucositis by more than 94% compared to placebo. Cellceutix's anti-psoriasis drug Prurisol is in a Phase 2 trial. Prurisol is a small molecule that acts through immune modulation and PRINS reduction. Cellceutix's lead antibiotic, Brilacidin, has completed a Phase 2b trial for Acute Bacterial Skin and Skin Structure Infections, or ABSSSI. Top-line data have shown a single dose of Brilacidin to deliver comparable clinical outcomes to the FDA-approved seven-day dosing regimen of daptomycin. Brilacidin has the potential to be a single-dose therapy for certain multi-drug resistant bacteria (Superbugs). Cellceutix has formed research collaborations with world-renowned research institutions in the United States and Europe, including MD Anderson Cancer Center, Beth Israel Deaconess Medical Center, and the University of Bologna. More information is available on the Cellceutix web site at www.cellceutix.com.