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I_Am_Ram

02/27/20 7:07 AM

#63002 RE: I_Am_Ram #63001

I had a feeling! This is so big for PXYN! Millions in revs and profit... I wonder what we will gap to today

pennypauly

02/27/20 8:04 AM

#63008 RE: I_Am_Ram #63001

NEWS Praxsyn Joining the Global Fight to Stop the Spread of Corona Virus.
Press Release | 02/27/2020
Negotiating the Sales of Millions of Surgical Masks to Countries where the Contagion is Spreading.

WEST PALM BEACH, Florida, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Praxsyn (OTC: PXYN, the “Company”) is pleased to announce that it is negotiating the sale of millions of masks meeting the NIOSH N95 mask standard and similar standards, capable of protecting wearers from breathing in viruses, including Novel Coronavirus COVID-19.

We are currently evaluating multiple orders and vetting various suppliers in order to guarantee a supply chain that can deliver millions of masks on a timely schedule.

As this tragedy unfolds across the globe, hundreds of millions of surgical masks are being used every single day with worldwide demand increasing hourly. Prices are spiraling upwards and supplies are becoming extremely constrained. For suppliers that have inventory and a reliable supply chain, there are growing opportunities to sell masks and other medical supplies at increasing margins. Praxsyn is making a significant effort to ensure a stable supply chain in order to respond to this unfortunate world health crisis.

https://www.washingtonpost.com/business/2020/02/15/coronavirus-mask-shortage-texas-manufacturing/

Frank Brady, CEO of Praxsyn commented, “The masks that we are sourcing are made overseas for delivery to front line locations overseas, where the efforts to contain the Corona Virus are occurring. We realize the importance of containing the spread of this disease and want to do our part to make the world a safer place. In addition to helping fight the spread of this disease, we believe that our efforts will help bolster the name and reputation of Praxsyn as a emerging player in the global health industry.”

More updates to come!

About Praxsyn Corporation

Headquartered in West Palm Beach, Florida, Praxsyn Corporation works to realize the vision of medical professionals to improve the lives of their patients. Additional company information can be found at www.praxsyncorp.com.