CELLCEUTIX PROVIDES UPDATE TO SHAREHOLDERS
My Fellow Cellceutix Shareholders,
We are pleased to inform you that this past Thursday (February 5th) we submitted an application to the NASDAQ Exchange for listing on the NASDAQ Capital Markets. We have already met several of the NASDAQ listing requirements and are working to meet other requirements with respect to Independent Directors and establishing certain committees. Our corporate counsel and NASDAQ have advised that these requirements can be fulfilled during the application process. As previously discussed, we have been performing our due diligence and interviewing many interested individuals wishing to join Cellceutix in these capacities. The names of the prospective Directors will be submitted to NASDAQ for their vetting process to ensure that the individuals meet the requirements per NASDAQ definitions. We look forward to announcing these people as the processes are completed. Thank you for your continued support.
Sincerely,
The Cellceutix Team
- See more at: http://cellceutix.com/best-yet-to-come/#sthash.YPyjTMpO.dpuf
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