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Traxxec Inc. and Stem Cell Assurance, OTC:TRXX.PK, announces completion of the final Phase of the Acquisition of Traxxec Inc. and Corporate progression

Tue. July 07, 2009; Posted: 09:45 AM
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BOCA RATON, FL, July 7, 2009 /PRNewswire-FirstCall via COMTEX/ -- TRXX | Quote | Chart | News | PowerRating -- Stem Cell Assurance, Inc is pleased to announce that it has completed its final phase of conversion with the acquisition of Traxxec Inc. To distance our company from the historical business we have amended our articles of incorporation with the State of Nevada to reflect the name change to Stem Cell Assurance, Inc., amended the annual report to reflect our new Board Members and Officers and begun the process of quote progression in line with the corporate plan with Stem Cell Assurance, its centers and healthcare line as the core business.

This underlines the corporation's current activity and intent of achieving fully reporting status to create the Stem Cell Assurance brand without encumbrance. We have also submitted to FINRA our applications for our OTC name change to Stem Cell Assurance, Inc. and for our new trading symbol.

All of these changes and our published corporate expansion program will be reflected in our audit and submissions as required for full reporting status. An announcement to reflect on the reporting status will be issued shortly.

Safe Harbor: This letter contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements. When used in the Annual Report on Form 10-K, the words "estimate," "anticipate," "expect," "believe," and similar expressions are intended to be forward-looking statements.

SOURCE Stem Cell Assurance

 
For full details for TRXX click here.

    


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