OTC Markets New Service
SANDY, UTAH, December 6, 2012--Rafarma Pharmaceuticals, Inc. is pleased to announce that the re-organization of the Company was formalized by FINRA effective on Tuesday, December 4, 2012. With the combination of the asset base of the former Johnston Acquisition Corp.--the financial survivor--and the marketing expertise contributed by Rafarma Pharmaceutical, Inc.--the legal survivor (previously Airprotek International, Inc, Rafarma Pharmaceuticals is well-positioned to become a leading player in the generic and specialty pharmaceutical industry. The Company’s current stock symbol, APKND, will change to a symbol better representing the Company on January 3, 2013. The symbol will be announced by FINRA on January 2, 2013.
The Company welcomes Mr. David L. Anderson as the Company’s newest Board Member and initial C.E.O. of Rafarma Pharmaceuticals, Inc. He is well experienced in Sales and Marketing, speaks fluent Spanish, and has extensive Latin American contacts which mesh ideally with the Company’s expansion goals in Central and South America.
The
Company’s “Information and Disclosure Statement” using the “Alternate Reporting
Standard” was accepted by OTC Markets on December 5, 2012 and published on the
OTC Markets website – www.otcmarkets.com
– on December 6, 2012.
Although
a merger was involved in the re-organization, no dilution was experienced by
the minority shareholders of Johnston Acquisition Corp due to the resignation
to the Company’s treasury of securities held by a major shareholder.
The
Company would like to express its thanks and appreciation to the large number
of shareholders and interested parties who remained loyal to the Company during
the re-organization. The Company website
– www.rafarma.com – will be frequently
updated during the remainder of December.
It is anticipated the Company’s Public Relations Department will be
fully operational by January 7, 2013.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. When used in this press release, the words "anticipate,"
"believe," "estimate,"
"may," "intend," "expect" and similar
expressions identify such forward-looking statements. Actual results,
performance or achievements could differ materially from those contemplated,
expressed or implied by the forward-looking statements contained herein. These
forward-looking statements are based largely on the expectations of the Company
and are subject to a number of risks and uncertainties. These include, but are
not limited to: the impact of economic, competitive and other factors affecting
the Company and its operations, markets, product, and distributor performance.
Media Contact: Dave Anderson, Rafarma Pharmaceuticals,
Inc., +1 801 210 7135, info@rafarma.com
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SOURCE: Rafarma Pharmaceuticals, Inc.
RELATED LINKS
https://www.rafarma.com