Axxess Pharma, Inc. Initiates Next Step Towards Bulletin Board (OTCBB) Listing
Published: Sep 11, 2013
TORONTO, ON--(Marketwired - September 11, 2013) - Axxess Pharma Inc. (PINKSHEETS: AXXE), a specialty pharmaceutical and nutritional supplements company, is pleased to announce they are now in the process of becoming a fully reporting company and applying on the Over-the-Counter Bulletin Board (OTCBB) Stock Exchange.
Benefits of being on Bulletin Board Stock Exchange include improved ease of trading, opportunity for increased liquidity and recognition by Wall Street and major Financial Institutions. Based on Axxess Pharma's current growth rate, the Company is also targeting an additional move to the NASDAQ in the second quarter of 2015.
Axxess Pharma has retained the services of PCAOB (Public Company Accounting Oversight Board) registered accounting firm KLJ & Associates LLP, Certified public Accountants to begin the process of becoming a fully reporting issuer. This process is expected to be completed by Q1 2014.
Daniel Bagi, M.D., stated: "This is a very important step towards a Bulletin Board listing and eventually the NASDAQ. Listing on the OTCBB is anticipated to provide substantially increased liquidity for all shareholders."
For more information, please visit www.axxesspharmainc.com, or contact Investor Relations at (973) 351-3868.
About Axxess Pharma Inc.:
Axxess Pharma Inc. is a Nevada Corporation operating through its wholly-owned Canadian Subsidiary: Axxess Pharma Canada Inc., headquartered in Toronto. Axxess is a specialty Health Care Products Company dedicated to improving health and quality of life by offering select medicines, nutritional supplements and over the counter remedies all across the Americas. Axxess's goal is to bring additional products to the market and provide new, innovative options for better health spanning areas such as high cholesterol, blood pressure, acute pain, to optimal health management through improved nutritional supplements.
About KLJ & Associates, LLP:
KLJ & Associates, LLP specializes in the audits of small publicly traded companies. The leadership team at KLJ & Associates, LLP has over 10 years' experience in performing audits of small cap companies as well as dealing with the various complex accounting issues facing the small cap industries.
Safe Harbor Statement:
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby.
The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management, as well as assumptions made by any information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
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