Parallax Health Sciences Inc. (fka PRLX)

[DaReal]

Uranium??

On April 17, 2014, pursuant to a resolution of the board of directors, the Company executed an Agreement to Purchase One Hundred Percent of the Issued and Outstanding Shares of a California-based pharmacy Corporation (the “Pharmacy”) and its Assets and Inventory (the “Purchase Agreement”) between the Company, the Pharmacy and its sole shareholder (the “Seller”). The fully executed Purchase Agreement is dated March 27, 2014 and was received from the Seller on April 17, 2014.

About The Pharmacy

The Pharmacy, established over 60 years ago, is a compound pharmacy, headquartered in California US, specializing in infertility treatments, pain management, and individualized treatments to its clientele. The Pharmacy provides specialty compounding and full-service pharmaceutical services to healthcare professionals in 40 states in the US.

The Pharmacy’s unaudited financials for the year ending December 31, 2013 showed the Pharmacy generating approximately $55,000,000 in gross revenue with approximately $16,000,000 in Earnings Before Interest and Taxes (“EBIT”).

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9929099

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