HOUSTON, TX – (via Marketwire) – 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.
Copyright © 2011 by Rhodes Holdings LLC