MediSwipe, Inc. and 800 Commerce, Inc. Provide Update to Shareholders
April 16 2014 - 9:00AM
Marketwired
MediSwipe, Inc. and 800 Commerce, Inc. Provide Update to
Shareholders
LOS ANGELES,
CA--(Marketwired - April 16, 2014) - MediSwipe,
Inc. (www.MediSwipe.com) (OTCQB: MWIP), a fully reporting
company on the OTCQB, a leader in Compassionate Care Technology and
indoor/outdoor agricultural solutions for the medicinal marijuana
sector and 800 Commerce, Inc. today announced that 800 Commerce has
filed its' Annual Report on Form 10-K for the year ended
December 31, 2013 with the Securities and Exchange Commission
("SEC"). A copy of the Annual Report on Form 10-K is available to
be viewed or downloaded from www.sec.gov.
800 Commerce's Registration statement on Form S-1 was declared
effective by the SEC on August 9, 2013. Spartan Securities Group,
LTD ("Spartan") on behalf of 800 Commerce filed Form 211 with the
Financial Industry Regulatory Authority ("FINRA") in September
2013. On April 16, 2014, Spartan replied to FINRA's latest comment
letter regarding the approval of the Form 211 application. Upon
approval from FINRA and the Depository Trust Co. ("DTC") the 800
Commerce shares will be listed as a fully reporting Company on the
OTCQX. The Company expects the Application to be approved in the
near future, and the stock of 800 Commerce previously owned by
MediSwipe, distributed on September 4, 2013 to the shareholders of
record of MediSwipe as of September 3, 2013, to have a trading
symbol in the near future.
B. Michael Friedman, MediSwipe's CEO and President of 800
Commerce, stated, "Completing the process of having 800 Commerce
becoming a fully reporting Company with a trading symbol is
paramount to MediSwipe and 800 Commerce, and demonstrates our
commitment to the shareholders of both Companies. We are near
completion of our goal of enabling 800 Commerce to fully separate
their merchant processing and mobile platform assets from
MediSwipe's core business within the medicinal marijuana sector. We
were pleased to be able to offer MediSwipe shareholders of record a
stock dividend; and are also pleased to spin off 800 Commerce
as a fully reporting Company under the same reporting status
as MediSwipe instead of a Pink Sheet Company."
About MediSwipe, Inc. MediSwipe, Inc. (www.MediSwipe.com), the
first fully reporting Company and pioneer within the medicinal
marijuana space, provides innovative patient and agricultural
solutions seeks to be the leader in Compassionate Care Technology
for the medicinal marijuana industry. MediSwipe provides real
estate management and health and wellness product lines including
beverages, vaporizers and accessories. MediSwipe does not directly
grow, harvest, or distribute or sell cannabis or any substances
that violate United States law or the Controlled Substances Act,
nor does it intend to do so in the future.
FORWARD-LOOKING DISCLAIMER: This press release may contain
certain forward-looking statements and information, as defined
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, and is subject
to the Safe Harbor created by those sections. This material
contains statements about expected future events and/or financial
results that are forward-looking in nature and subject to risks and
uncertainties. Such forward-looking statements by definition
involve risks, uncertainties and other factors, which may cause the
actual results, performance or achievements of MediSwipe, Inc. to
be materially different from the statements made herein.
Contact: MediSwipe,
Inc. 561.514.9042www.MediSwipe.cominfo@mediSwipe.com
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