Praxsyn Announces Progress in Filing of Form 10-Q
June 23 2014 - 2:59PM
Praxsyn Corporation (OTCQB:PAWS), a medication and service provider
for medical practitioners, announced that it is making progress in
filing its Form 10-Q for the quarter ended March 31, 2014.
"The work on the first quarter 10-Q continues and is meeting our
internal completion deadlines," said Dan O'Brien, CFO, Praxsyn
Corporation. "Our continued work requires the accounting team to
conduct detailed research and confirm many historical facts and
figures for several entities' most important accounts throughout
the years 2012 and 2013, as well as the first quarter of 2014,
which will then be submitted to our auditor. Based upon our ability
to continue to complete this work and assuming continued progress
at a similar rate, we hope to have all material information
required for the 10-Q filing to our auditor by June 27, 2014."
As previously disclosed, the Company has not yet completed its
financial statements for the quarter ended March 31, 2014 due to
the increased workload from the complex accounting related to its
recent reverse merger.
Praxsyn is headquartered in Southern California at 18011 Sky
Park Circle, Suite N, Irvine, CA 92614, and can be contacted
directly at (949) 777-6112.
About Praxsyn
At Praxsyn, we work to realize the vision of medical
professionals to improve the lives of patients. Mesa Pharmacy, our
wholly owned subsidiary, provides doctors with an alternative to
oral pain medications. Mesa focuses on providing custom compounded
non-narcotic, transdermal topical pain medications that are
marketed to industrial health physicians and medical clinics. Mesa
has developed a series of topical creams, in different strengths,
that provide the pain relief doctors seek. Additional company
information can be found at www.praxsyn.com.
Forward-Looking Statements
Certain statements made in this press release are
forward-looking in nature (within the meaning of the Private
Securities Litigation Reform Act of 1995) and, accordingly, are
subject to risks and uncertainties. The actual results may differ
materially from those described or contemplated and consequently,
you should not rely on these forward-looking statements as
predictions of future events. Certain of these risks and
uncertainties are discussed in the reports we filed with the
SEC.
CONTACT: Media/Investor Contact:
IR@PraXsyn.com
949-777-6112 ext 101
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