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International Pharmacy Outlets Inc (fka IPCY) RSS Feed

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International Pharmacy Outlets Current bid/ask Outstanding Shares: 34,000,000 as of 2004-08-28 Float: 6,992,149 as of 2004-06-04 Number of Shareholders of Record: 1,000 as of 2004-06-04 http://www.pinksheets.com/quote/quote.jsp?symbol=IPCY Address:851 Coral Cottage Rd. Henderson, NV 89015 USA http://www.ipcyinc.com/ INTERNATIONAL PHARMACY OUTLETS, INC. A Nevada Corporation Business Summary June 1st, 2005 TRADING SYMBOL: IPCY-PK TRADING EXCHANGE: OTC: PINKSHEETS REPORTING ISSUER STATUS: NON-REPORTING COMPANY ESTIMATED SHAREHOLDERS: 1475 (380 with less than 100 shares) TRANSFER AGENT First American Stock Transfer Phoenix AZ, 85022 Phone: 602-485-1346 BUSINESS OVERVIEW IPCY is directing its efforts to acquire private operating companies, whose product lines will add significant value to IPCY through positive operating cash flow, revenue growth, and profitability. Several candidates have signified their interest and have been presented with LOI's. In all cases IPCY will be the surviving company and IPCY's Articles & Bylaws will prevail. In most cases, the current management will operate the acquired company as a wholly owned subsidiary in accordance to published GAAP and SEC requirements. The following "potential" acquisitions and relationships, listed in no particular order, are noted by code names to avoid violation of disclosure restrictions. Events and circumstances beyond the control of management can adversely affect the outcome. PENDING ACQUISITIONS COFFEE Small chain of boutique coffee shops (similar to StarBucks) with a strong regional market presence and a unique, multi-tiered franchising plan. The company has key resources in place (coffee beans) capable of supporting a fast growth-oriented organization without causing quality or product availability issues. CO-2 Four-year-old specialty manufacturing and distributing firm n the upper Mid-West of a patent protected carbon dioxide manifold system that increases CO-2 yield by 25%-30% per tank. The system also facilitates of the same free standing tanks without interrupting the business or endangering the health and safety of the workers. FROZEN The pending acquisition of a high-end countertop consumer product line and the associated product mixes to generate frozen desserts and drinks. The colorful and very attractive machine is more versatile than any other machine on the market, is easy to use and cleans quickly for reuse. The fully warranted units are assembled in the USA. A wide a profitable selection of prepackaged mixes to make tasty deserts and refreshing beverages will provide a recurring revenue stream. MEDIA Two multi media companies have approached IPCY and requested the initiation of merger discussions. One company is a recognized leader in the recording business with 45% of their respective clients being "A" list artist. The second company specializes in providing content creation for Fortune 500 companies. IPCY is in the first stages of due diligence regarding the music industry. Both firms have management in place whose retention has been promised and whose continued participation must be considered critical to a successful merger. WHY IPCY WILL BE SUCCESSFUL The management team of IPCY contributes an average of 20 years of small business as well as Fortune 100 experience in their respective fields. The unified philosophy that increased shareholder value is driven through strategic acquisitions and sustained long-term growth the compliments the Company's business model of growth through acquisition. IPCY's officers, with approval from the Board of Directors, is directing its effort to acquire private operating companies, whose product lines will ad significant value to IPCY through positive cash flow, revenue growth and profitability. Acquisitions candidates, in whom there is an interest, will submit a portfolio of their company to be reviewed by the acquisition committee. If approved, the candidate company will be presented with a Letter of Intent (LOI). In all cases IPCY will be the surviving company and IPCY's Article and Bylaws will prevail. In most cases, the current management of the acquired company will continue to operate it as a wholly subsidiary in accordance with IPCY's management guidelines. Although IPCY is legally a non-reporting company, it will proactively publish pertinent investor related information on a quarterly basis in accordance with GAAP and SEC requirements. Several manufacturing, service and technical support operations are under consideration as of this date but no further action has been taken. The dynamics of today's business environment favors the IPCY business model. Investors, as well as the founders in private entrepreneurial ventures are open to an exit strategy that compliments their investment strategy. This approach mitigates the potential for investor infringing on capital reserves and cash flows that are needed to grow the firm. As a part of a up and coming public company, parties have unencumbered capability to exit their investment at a time that is convenient to them under the circumstances that meet their personal terms and conditions. IPCY PRINCIPALS Michael P. McCabe Chief Executive Officer Chairman-Board of Directors-Age 51 Mr. McCabe has a combined 25 years of working with Fortune 100 companies and business to business consulting experience in process reengineering, corporate finance, mergers and acquisitions as well as developing and implementing operational planning. J.D. Pulver Vice-President of Investor Relations Member Board of Directors-Age 42 Mr. Pulver has been with IPCY since its inception and is responsible for investor relations and working with external consultants to maintain communications with the company's investors. Mr. Pulver has been an independent merger and acquisition consultant for the past 6 years prior to which the Eastman Kodak Company employed him as a marketing manager. David C. Reid Vice-President, CFO, & Treasurer Member Board of Directors-Age 46 Mr. Reid is a veteran executive with over 20 years of relevant experience in financial and accounting management. He compliments his broad range of relevant domestic and international experience at Fortune 500 companies with consulting practice on small privately held businesses. Mr. Reid was most recently with Vartec's Excel subsidiary where he established international banking relations for the company. Larry George Vice-President of Sales & Marketing Assistant Corporate Secretary-Age 64 Mr. George has been with the company since its inception and is responsible for all product sales and marketing strategies. A successful business owner, Mr. George has over 40 years experience of growing market share for medium sized businesses. His recent focus is consulting on the design and implementation of sales programs for big-ticket luxury units as well as low margin but high volume products.
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