Rx Processing Corp. Announces Retirement of 8 Million Additional Shares of Common Stock.WILMINGTON, Del. -- Rx Processing Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :RXPC) in March 06 initiated a corporate movement to retire the majority of issued and outstanding common stock from the highpoint of 187 million. In an ongoing effort to secure the company we announce the additional retirement of 8 million shares. Rx Processing Corp. received a commitment yesterday to retire an additional 8 million shares to further the reduction in the issued and outstanding shares to approximately 61.8 million by September 13th, 2006. Peter Fiorillo stated: "The additional retirement of stock is always good news for existing shareholders. At this time I publicly recognize the agenda to go private, tighten the float through a spin off, and then DPO DPO Direct Public Offering (finance/investment) DPO Direct Public Offering DPO District Police Officer (Pakistan) DPO Days Payables Outstanding DPO Document Process Outsourcing DPO Days Past Ovulation to the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on arena has retired. I will continue the pursuit of up listing Rx Processing Corp. to the NASDAQ by dissolving non-essential subsidiaries to overcome the challenges of reporting past and present financials." Corporate Position The professional accounting and book keeping support from Intercontrollers Inc. has helped Rx Processing Corp.'s forward momentum to overcome the past and expand our public outreach with pending auditable financial statements due 2006 while we continue the building of our corporate foundation to provide the under and uninsured safety, efficacy enhanced by affordable prescription medications and laboratory testing. About Rx Processing Corp. Rx Processing Corp. is innovating online ordering technology for the distribution of pharmaceutical medications and Laboratory testing supported by storefront locations with a direct to consumer delivery business model to support underinsured un·der·in·sure tr.v. un·der·in·sured, un·der·in·sur·ing, un·der·in·sures To insure under a policy that provides inadequate benefits: Be certain that you are not underinsured against catastrophic illness. and uninsured U.S. citizen's health care needs. Our ordering technology is designed to services members, corporations, and employers through ease of ordering, of laboratory testing and prescription medication through licensed pharmacies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and CLIA-certified patient service centers. The company provides access to FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. approved brand-name and generic medications and thousands of lab tests with access to 4,000+ CLIA-certified patient service centers for specimen collection. Rx Processing Corp. estimates that more than 47 million United States citizens would benefit from the company's affordable members programs that encompass prescription medications and laboratory testing. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement All statements other than statements of historical fact included in this press release are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. ." The forward-looking statements, including those about the company's future expectations, revenues and earnings, and all other forward-looking statements (i.e., operational results and sales) are subject to assumptions and beliefs based on current information known to the company and factors that are subject to uncertainties, risk and other influences, which are outside the company's control, and may yield results differing materially from those anticipated. Correction Notice: Press Release Dated June 30th, 2006 First Correction: "...actively being incorporated that will IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. with our established business model...", replace with "...actively being incorporated that will DPO with our established business model...". Second Correction: "...current capitol Capitol, seat of the U.S. Congress Capitol, seat of the U.S. government at Washington, D.C. It is the city's dominating monument, built on an elevated site that was chosen by George Washington in consultation with Major Pierre L'Enfant. structure, an IPO for 1 million shares at $48 per share price will be initiated in September of 2006...", replace with "...current capitol structure, and a DPO at $48 per share will be initiated in September of 2006...". |
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