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CEL-SCI Corporation Announces Results Of Annual Shareholders’ Meeting And Adjournment Of Meeting To July 25, 2013 With Respect To Proposal Concerning Stock Option Plan

CEL-SCI Corporation (NYSE MKT: CVM). The annual meeting of CEL-SCI’s shareholders was held on June 25, 2013. At the meeting, all nominees to the Board of Directors were elected and the following proposals were ratified by the shareholders.


the adoption of CEL-SCI’s Amended and Restated Articles of Incorporation;


subject to the determination of CEL-SCI’s directors that a reverse split would be in the best interest of CEL-SCI’s shareholders, the adoption of a reverse split of CEL-SCI’s common stock. A condition of the reverse stock split is that the ratio of the reverse split will be determined by CEL-SCI’s Board of Directors, provided that, in any case, the reverse split ratio will not be greater than 10 for 1. The Board of Directors may elect not to proceed with a stock split without further action by the shareholders;


subject to the determination of CEL-SCI’s directors that an increase in CEL-SCI’s authorized capital would be in the best interest of CEL-SCI’s shareholders, the adoption of an amendment to CEL-SCI’s Articles of Incorporation such that CEL-SCI would be authorized to issue up to 800,000,000 shares of common stock. The Board of Directors may elect not to proceed with increasing CEL-SCI’s authorized capital without further action by the shareholders; and



the appointment of BDO USA, LLP as CEL-SCI’s independent registered public accounting firm for the fiscal year ending September 30, 2013.

The adoption of CEL-SCI’s 2013 Non-Qualified Stock Option Plan, which provides that up to 20,000,000 shares of common stock may be issued upon the exercise of options granted pursuant to the plan, did not receive the required number of votes.

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