Check-Cap founder recommends voting against Keystone merger

Symetryx encourages fellow shareholders of Check-Cap to review the news release issued by Yoav Kimchy, the founder and former chief technology officer, and shareholder, of Check-Cap, who has stated in an open letter to his fellow shareholders that the value of the intellectual property of Check-Cap was, in essence, disregarded and assigned no monetary value when valuing the Keystone Dental transaction. The company said, “Further to its news release of November 28, Symetryx continues to urge its fellow Check-Cap shareholders to vote against the Keystone Dental and for the Symetryx slate of highly qualified and independent director nominees. Symetryx is pleased to see that other stakeholders agree that the transaction with Keystone Dental DOES NOT provide the maximum value for shareholders. We once again urge all shareholders to reject the Keystone transaction by voting AGAINST Proposal #1, the Keystone transaction, and to support the Symetryx Board nominees by voting FOR each. Only with a new, independent Board, do we believe, that we shareholders will have the best opportunity to realize the full value of our investment and not give it away to Keystone’s investors.”