The amount of dividend shares of 800commerce for the MWIP stockholders has already been inked in the form S1/A, filed with the SEC,the record date should be announced, soon.
We are furnishing this prospectus to the stockholders of MediSwipe. MediSwipe will distribute 6,000,000 shares of common stock of 800 Commerce, Inc. in a special distribution to the stockholders of MediSwipe, pro rata, in the nature of a stock dividend distribution. This represents all of the shares of 800 Commerce owned by MediSwipe. MediSwipe may be deemed to be a statutory “underwriter” of the distribution within the meaning of Section 2(11) of the Securities Act of 1933.
Stockholders of MediSwipe entitled to participate in the distribution will receive one share of our common stock for every 140 shares owned that they owned as of the record date of the distribution, which has been set at ________, 2013. Fractional shares will be rounded up to the nearest whole share. These distributions will be made within 30 days of the date of this prospectus. We are bearing all costs incurred in connection with this distribution.
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