Traxxec Inc. Announces Stem Cell Assurance Merger Now Complete
April 24 2009 - 2:00PM
PR Newswire (US)
Stem Cell Assurance Now Trading on Pink Sheets Under Ticker TRXX
BOCA RATON, FL, April 24 /PRNewswire-FirstCall/ -- Stem Cell
Assurance (The Company) (Other OTC:TRXX.PK ) today announced that
the Company has completed its merger with TRXX, Inc. and is now
trading on the Pink Sheets under ticker symbol "TRXX." The merger
was completed in a 302M restricted stock transaction on 17th April,
2009. Reorganization is now complete, the previous Pink Sheets
filings brought up to date and the management of TRXX, Inc. has
resigned. Gloria McConnell, the President of Stem Cell Assurance,
will assume control of the Company along with the Stem Cell
Assurance board of directors. Stem Cell Assurance is the first
company to provide adult stem cell collection and banking service
to the general adult population and pipeline cosmetic and
therapeutic products. http://www.stemcellassurance.com/ Gloria
McConnell, President of Stem Cell Assurance and Traxxec Inc, said,
"We are very pleased to complete the merger agreement and now have
the stock available to pursue our aggressive national expansion
plans for clinical centres and the launch of our Cosmetic and
Therapeutic products. It has taken a significant amount of work but
we have finally arrived with widespread expert and Industry
support. We have a strong Company and we will hit the ground
running for our core shareholders and our new shareholders with
exciting developments, product lines and new collection centres
nationally. We have a significant number of clinical and medical
support and associations in place and sales agreements to announce
over the coming weeks and months." About Stem Cell Assurance Stem
Cell Assurance is one of the nation's first companies to provide
adult stem cell collection and banking service to the general adult
population. The collection process performed by Stem Cell Assurance
is medically proven to be the least invasive, painless and the
safest form of adult stem cell collection. We are a company of
doctors and scientists that specialize in the collection,
processing, and long term storage of your own adult stem cells for
your own therapeutic use in the future, if the need arises. Stem
Cell Assurance combined Management Team and Board of Directors has
extensive experience in the healthcare industry. Collectively, we
have expert experience in the stem cell science, general medical
industry, life science marking, business management, capital
raising, clinical trials and strategic partnering. Dr. Richard
Ferrans - M.D. - Chairman, Dr. Vikki Hufnagel - M.D. - Medical
Director Gloria McConnell - President, Dr. Kurk Wagner - M.D. -
Medical Advisory Board, Dr. Leonard Haimes - M.D. - Medical
Advisory Board, Dr. Glenn Charles - D.O. - Medical Advisory Board,
Richard Proodian - CFO and Vice President of Finance, George Dubec
- Vice President of Marketing, Mandy Clark - Vice President of
Operations. See http://www.stemcellassurance.com/ for more
information DATASOURCE: Traxxec Inc. CONTACT: Investor Relations:
George Dubec, Stem Cell Assurance, (561) 914-2886, ,
http://www.stemcellassurance.com/
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