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jackfree

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jackfree

Re: WANG post# 747

Tuesday, 09/06/2011 8:52:02 PM

Tuesday, September 06, 2011 8:52:02 PM

Post# of 774
Form 8-K for ALPHARX INC

6-Sep-2011

Entry into a Material Definitive Agreement


Item 1.01 Entry into a Material Definitive Agreement

On September 2, 2011, AlphaRx Inc., a Delaware corporation (the "Company"), entered into an Advisory Agreement (the "Agreement") with Grand Eastern Financial Group ("Grand Eastern"). Under the Agreement, the Company engaged Grand Eastern to provide general business advice and assistance and to use its best efforts with respect to evaluating certain possible strategic opportunities, which may include mergers and acquisitions, joint ventures, recapitalizations of the Company or its business assets.

"You can teach a man to fish, but if you teach a man to fish all he's going to eat is fish. If you teach him how to package the fish, and market the fish and ship the fish, he can also get some potatoes and some meat and other things." Bob Sager

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