Pet DRx To Begin Trading on Nasdaq Capital Market
May 28 2008 - 3:45PM
Business Wire
Pet DRx Corporation (OTCBB:PDXC)(OTCBB:PDXCW)(OTCBB:PDXCU) today
announced that its common stock, warrants and units will commence
trading on the Nasdaq Capital Market under the symbols �VETS,�
�VETSW,� and �VETSU� respectively, when the market opens on May 29,
2008. Pet DRx stock, warrants and units formerly traded on the OTC
Bulletin Board under the symbols �PDXC,� �PDXCW,� and �PDXCU,�
respectively. �We are excited to have been approved for listing on
the Nasdaq Capital Market. The listing on Nasdaq is an important
milestone for Pet DRx, and includes a number of benefits, such as
increased visibility in the financial community, greater liquidity
for our stock and a larger potential investor base,� said Robert
Wallace, Chief Executive Officer of PetDRx. About Pet DRx Pet DRx
Corporation, headquartered in Brentwood, Tennessee, provides
veterinary primary care and specialized services to companion
animals through a network of fully-owned veterinary hospitals. The
Company currently owns and operates 26 leading veterinary hospitals
in the state of California, which it has organized into unique,
regional �hub and spoke� networks. Pet DRx provides a full range of
general medical treatments for companion animals, including (i)
preventive care, such as examinations, vaccinations,
spaying/neutering and dental care and (ii) a broad range of
specialized diagnostic and medical services,�such as internal
medicine, surgery, cardiology, ophthalmology, dermatology,
oncology, neurology, x-ray, ultrasound and other services. SAFE
HARBOR STATEMENT Certain statements and information included in
this press release, including statements as to the expected
visibility and liquidity of the Company�s common shares, constitute
�forward-looking statements� within the meaning of the Federal
Private Securities Litigation Reform Act of 1995. These
forward-looking statements are subject to risks and uncertainties
that may cause actual results to differ materially, including, but
not limited to, the ability of the Company to successfully acquire,
integrate and operate veterinary hospitals and clinics,
requirements or changes affecting the businesses in which the
Company is engaged, veterinary services trends, including factors
affecting supply and demand, dependence on acquisitions for growth,
labor and personnel relations, changing interpretations of
generally accepted accounting principles and other risks detailed
from time to time in the Company�s SEC reports, including its
Current Report on Form 8-K, as amended, filed on April 4, 2008 and
its Registration Statement on Form S-4, as amended, filed on
November 8, 2007. These forward-looking statements speak only as of
the date hereof. The Company disclaims any intention or obligation
to update or revise any forward-looking statements.
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