Curaxis Pharmaceutical Corp. (fka CURXQ)

[silencedogood2011]

CURX and unregistered shares to be sold.

The stock sale to southridge is to be unregistered. Thats right unregistered so they can hit the market as fast as CURX draws down their credit limit. Almost 13m shares at .35. So if the stock price is at .06 Southridge gets to dump more shares to make up the difference.

What doers this mean. It means to the investor that dumping will continue for the forseeable future.

We are relying on an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), and/or Rule 506 of Regulation D promulgated thereunder. The transaction does involve a private offering, Southridge is an “accredited investor” and/or qualified institutional buyer and Southridge has access to information about our Company and its investment

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8105485