EVITRADE Receives Court Approval for Plan of Arrangement



Vancouver, British Columbia (FSCwire) - EVITRADE Health Systems Corp. (CSE:EVA, OTCQB: AXHLF) (the “Company”) is pleased to announce that it has been granted a Final Order from the Supreme Court of BC for the Plan of Arrangement as approved 100%, at the recent shareholders’ meeting.

 

The record date for the first subsidiary company holding the TULIP(TM) Intellectual Property to be spun out is Tuesday, March 20, 2017. Details and the final share conversion factor for this subsidiary will be announced upon the push out of the new shares to shareholders.

 

For the Cannabis Farm of 50 Hectares and CBD Plant Oils Extraction firm being purchased by the C&C Cosmeceuticals, Nutraceuticals and Bio-Chemicals subsidiary, the company is working with their recently appointed broker/dealer to finalize all remaining details.  The record date for shareholders of the company to receive shares on a 1 for 1 basis for this subsidiary shall be announced shortly.

 

For Further Information, Contact: Ron Ozols, Director

 

EVITRADE Health Systems Corporation

(formerly Auxellence Health Corporation)

Twitter: @evitradehealth or https://twitter.com/evitradehealth

Email: info@auxellence.com

Website: http://www.auxellence.com

CSE Micro-site: http://thecse.com/en/listings/technology/evitrade-health-systems-corp

US OTC Markets: http://www.otcmarkets.com/stock/AXHLF/news

 

About EVITRADE Health (CSE: EVA, OTCQB: AXHLF)

 

EVITRADE (formerly Auxellence Health Corp.), was founded in 2013 to provide online “digital healthcare” services for resolving common health problems. The current markets are weight-loss, high blood pressure, high blood glucose and heart arrhythmia.

 

About TULIP™

 

The TULIP™ system is an online self-service intended for adults interested in normalizing blood pressure, heart rate and rhythm, blood glucose, and body weight. Measurement procedures, conditioning protocols, and session schedules are prescribed automatically from data acquired by the user’s TULIP™ device – a blood pressure monitor with interactive protocols that can feed medical records and expert systems useful in testing, tracking and treating common health conditions.

 

The Tulip™ medical device has received Health Canada and CE Mark certifications.

 

 

 

 

About C&C Cosmeceuticals Corp. (“C&C” a wholly owned subsidiary of the Company)

C&C was founded in 2011 to develop, manufacture and market nutraceutical and cosmeceutical personal healthcare products and services.  It was the predecessor company that acquired Auxellence Health Corporation, which is now named EVITRADE Health Systems Corp. and is a wholly owned subsidiary. On November 15, 2016, the company announced that it signed an MOU to acquire a 50 Hectare Cannabis Farm for C&C and on January 23, 2017 the company that it signed a LOI to acquire a Plant Oils Extraction firm for C&C.  On March 3, 2017 at the shareholders meeting, C&C was voted 100% in favour of to be spun off from the parent company and it was announced on March 6, 2017 that C&C was to be spun off on a 1:1 basis.  All shareholders holding shares in EVITRADE will receive shares an equal number of shares in C&C as of the record date, which shall be announced shortly.

 

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