LEXINGTON, Ky.--(BUSINESS WIRE)--MedPro Safety Products, Inc. (OTC BB: MPSP), which develops and markets medical safety devices incorporating proprietary needlestick prevention technology, today announced that MedPro’s two largest preferred stockholders, Vision Opportunity Master Fund and Vision Capital Advantage Fund, have agreed to exercise a portion their stock purchase warrants for cash totaling $3,000,000 and to exchange all of their remaining outstanding warrants for shares of new Series C Convertible Preferred Stock. Together, the two Vision Funds will acquire 1,571,523 shares of Series C Stock as a result of the warrant exercise and exchange.
