Proto Script Pharmaceutical Corp. (PSCR)

[BP_SCULPIN]

PSCR - Lot's of EYES on this one........get ready for the fireworks!

WHY IT WENT UP TODAY:
Current Report Filing (8-k)

Date : 02/15/2017 @ 4:37PM
Source : Edgar (US Regulatory)
Stock : Proto Script Pharmaceutical Corp. (PC) (PSCR)
Quote : 0.12 0.06 (100.00%) @ 4:32PM


On February 7, 2017, Proto Script Pharmaceutical Corp. (the “Company”) and Michelle Rico (“Rico”), the Company’s sole officer and director, entered into a Share Exchange Agreement (the “Agreement”). Pursuant to the Agreement, Rico agreed to exchange 295,000,000 shares of common stock that she owns into 1,500,000 shares of Series A Preferred Stock. The Company will cancel the 295,000,000 shares of common stock and returned them back to treasury.




The shares of preferred stock to be issued pursuant to the Agreement, shall be issued in reliance upon an exemption from registration afforded under Section 4(a)(2) of the Securities Act for transactions by an issuer not involving a public offering, or Regulation D promulgated thereunder. The Agreement is an exempt transaction pursuant to Section 4(a)(2) of the Securities Act as the share exchange was a private transaction by the Company and did not involve any public offering.