HOUSTON, TX – (via Marketwire) – Zicix Corporation, formerly known as Bederra Corporation (PINKSHEETS: ZICXD), a diversified medical services provider, announces corporate actions that provide a basis for implementing our new strategic plan. As of business today, Company management renamed the Company to “Zicix Corporation” and received a new trading symbol of “ZICX” (a “D” will be appended to the name for twenty days) signifying our focus on current operations, authorized a five hundred to one (500:1) reverse split to make our share price more meaningful, and re-domiciled the corporation from Texas to Nevada to provide for future corporate flexibility for shareholders.
The Company retained Rhodes Holdings LLC in January 2011 to help refine the Company’s strategic plan and restructure its balance sheet — the actions announced today are part of the “have a sound foundation” phase of this strategy. During this initial phase, current operations will be enhanced by adding customer service support to expand client billings and retention.
Management is focused on completing the first phase of its strategic plan in order to have a sound foundation on which to build profitable operations. The Company still has a long way to go, including cleaning up two of its non-operating subsidiaries, but now it has an achievable plan and the means to get there.
About Bederra Corporation
Zicix Corporation, formerly known as Bederra Corporation (www.bederra.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 (“RHL“) provides management consulting services that allow its clients to seek financing through the public markets, either through mezzanine debt, equity, or bank debt. RHL management consulting is provided within the framework of its copyrighted RHL Methodology.
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.
Copyright © 2011 by Rhodes Holdings LLC
Originally issued by Market Wire (original posting)