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MiMedx Responds To Deceptive Short Seller Reports | ||
By: PR Newswire Association LLC. - 20 Sep 2017 | Back to overview list |
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MARIETTA, Ga., Sept. 20, 2017 /PRNewswire/ -- MiMedx Group, Inc. (NASDAQ: MDXG), the leading biopharmaceutical company developing and marketing regenerative and therapeutic biologics utilizing human placental tissue allografts and patent-protected processes for multiple sectors of healthcare, responds to deceptive short seller articles published earlier today. Earlier today, two short seller articles, one by Viceroy Research and the other by Aurelius Value, were published on MiMedx. Parker H. "Pete" Petit, CEO, said, "The articles include several items that have virtually no basis in fact, are littered with innuendo and contain many statements that are simply not correct. This has all the markings of a concerted short seller attack by numerous entities attempting to short our stock and profit from fictitious information and innuendos. We believe that Viceroy Research and Aurelius Value are relying on misinformation from former MiMedx employees terminated for cause. Unfortunately, neither organization appears to have done adequate due diligence and fact-finding before publishing their so-called 'research reports.' We have scheduled a shareholder call tomorrow, Thursday, September 21st, at 10:30 am Eastern Time to discuss various topics on the Company's extremely positive performance and trajectory for future growth. We will also address this orchestrated short seller activity and the remedies the Company is seeking to have this unlawful practice of pushing fabricated information to shareholders in concert with coordinated short selling activity cease." In the meantime, the Company encourages all shareholders to review the detailed and factual press releases the Company has issued and other reports on the Company's website www.mimedx.com. About MiMedx Important Cautionary Statement View original content:http://www.prnewswire.com/news-releases/mimedx-responds-to-deceptive-short-seller-reports-300523150.html SOURCE MiMedx Group, Inc. |
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Copyright 2017 PR Newswire Association LLC. | Back to overview list |