Zicix Corporation Enters the "Rush to Break Even" Phase
April 19 2011 - 6:00AM
Marketwired
Zicix Corporation (PINKSHEETS: ZICX), a diversified medical
services provider, announces the beginning of its "rush to break
even" phase while continuing its restructuring efforts with Rhodes
Holdings LLC. The company, formally Bederra Corporation, is now
trading without the previous DTC restrictions.
Funding for the "rush to break even" phase is being provided via
a private placement memorandum ("PPM") with a Houston-based broker
dealer; shares being sold are restricted for one year and are
priced at $0.05. Use of proceeds is to hire new employees, complete
equipment repairs, and purchase new equipment to expand the
revenues of Texas Mobile Health, Inc., a Zicix Corporation
subsidiary.
Management is excited that our shareholders may trade our stock
again without the previous DTC restrictions. This coupled with our
conservative approach to building our business to profitability
should allow us to recapture some of our company's market value.
Our strategic plan refined by Rhodes Holdings LLC is being received
well by our funding sources, which is allowing us to fund the
company's rush to break even with minimal dilution.
About Zicix Corporation Zicix Corporation
(www.zicix.com) is a publicly traded, diversified medical services
provider that currently delivers multiple modality diagnostic
medical imaging services to the greater Houston area through its
wholly owned subsidiary Texas Mobile Health, Inc.
About Rhodes Holdings LLC Rhodes Holdings
LLC (www.rhodes-holdings.com, "RHL") provides management consulting
services that allow its clients to seek financing through the
public markets, either through mezzanine debt, equity, or bank
debt.
Notice regarding forward-looking
statements Under The Private Securities Litigation Reform Act
of 1995: The statements in the press release that relate to the
company's expectations with regard to the future impact on the
company's results from new products and services in development,
including any planned acquisitions, are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. The results anticipated by any or all of these
forward-looking statements might not occur. The Company undertakes
no obligation to publicly release the result of any revisions to
these forward-looking statements that may be made to reflect events
or circumstances after the date hereof, or to reflect the
occurrence of unanticipated events or changes in the Company's
plans or expectations.
Contact Investor Relations Zicix Corporation Email Contact
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