Business
MedX Health Corporation Issues Shares
MedX Health Corporation Issues Shares
About this update from Medx Health Corp.
[{"type":"text","content":"\n\n\n\nMISSISSAUGA, ON, Mar. 15, 2010 (Canada NewsWire Group) -- /CNW/ -- MedX Health Corp., (TSXV.MDX) a global leader in drug free, non-invasive low level laser and light therapy for tissue repair and pain relief, today announced it has issued 1.4 million shares in settlement of $87,650 in obligations to several parties. These shares are subject to a hold period expiring July 16, 2010. The number of fully diluted MedX Health Corp. shares outstanding is now 28.4 million.About MedX Health Corp.MedX is a leading North American developer and manufacturer of low level laser and light medical devices for the drug free and non-invasive treatment of tissue damage and pain in numerous medical settings including dental, rehabilitation and wound care. MedX is the world's only company focusing on developing and delivering a broad cross-section of technologies and products involved in healing using light therapy. MedX is committed to advocating for, the bringing of non-invasive, drug-free healing nature of light to people seeking relief from pain and other physical ailments.MedX's strategy is to build upon its success in bringing relief of conditions in a non-pharmacologic manner in the rehabilitation market through key partnerships, acquisitions, strong patent protection as well as developing and commercializing advanced products in the dental and wound-care markets that will position the company to increase revenue. In addition, MedX plans to accelerate the development of a new product aimed at the rapidly-growing wound care market: its \"Photobandage(TM)\", a bandage technology that allows a wound to be bathed in light, designed to enhance the healing process. The Company intends to license this new technology to one or more major wound care companies for further development of marketing and sales.Brand products are US FDA approved, Health Canada cleared, and CE Marked and are produced in an ISO 9001 and 13485 certified manufacturing and testing facility. For a complete profile of MedX Health Corp. and its products visit www.medXhealth.comThe TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.This press release contains \"forward-looking information\" within the meaning of applicable Canadian securities legislation. Such forward-looking information may include statements regarding the...