EVITRADE Signs LOI with Medical Delivery App and Update on Time-Release Drug Delivery System Joint Venture
VANCOUVER, BC / ACCESSWIRE / April 5, 2019 / EVITRADE Health Systems Corp. (CSE: EVA, OTCQB: EVAHF) (the “Company”) is pleased to announce that it has signed a non-binding LOI to acquire a medical products delivery system and mobile app development company. The system is designed for ease of use to deliver medical products including cannabis or cbd products to patients and end use customers.
Management believes that this technology furthers the development of offerings for the company’s end to end personalized healthcare systems is pleased to have the opportunity to add this to the Company’s offerings.
Update on Time-Release Drug Delivery System JV.
The Company is pleased to confirm that it has continued to work through details of the joint venture (“JV”) agreement with company holding the intellectual property and has issued 10,000,000 shares at a deemed value of $0.15 as part of a share exchange of the JV agreement.
The Time-Release Drug Delivery System is designed to enhance the bioavailability of poorly soluble drugs and ingredients. It was originally designed to improve the performance for active pharmaceutical ingredients (API’s). The Company is looking to utilize the matrix to offer better results for food, nutraceutical and pharmaceutical protocols for CBD applications.
EviTrade continues to fulfill its commitment to elevate the human condition through advanced medical solutions for effective health, wellness research and products.
Contact:
EVITRADE Health Systems Corp.
(formerly Auxellence Health Corporation)
Email info@evahealthsystems.com or ceo@auxellence.com Website http://www.evahealthsystems.com
CSE Micro-site: http://thecse.com/en/listings/technology/evitrade-health-systems-corp US OTC Markets (OTCQB): http://www.otcmarkets.com/stock/EVAHF/news
About EVITRADE Health (CSE: EVA, OTCQB: EVAHF)
EVITRADE Health Systems Corp. (formerly, Auxellence Health Corporation), is a technology company specializing in the Health and Life Sciences sector looking to deliver effective personalized health solutions with a higher degree of predictability and consistency.
The Company is focused on the following areas to help improve health: personalized medical care, molecular biology, nutraceutical solutions and genetic tailoring.
Through its subsidiaries’ focus on technologies involved in extracting and purifying CBD extracts for its personalized healthcare system, the Company may be the first to offer a complete quality assured vertically integrated “CBD Health System” for monitoring and recording the effects of CBD on your cardiovascular system.
Disclaimers
This news release contains forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The company disclaims any intention or obligation to revise or update such statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis and other disclosure filings with Canadian securities regulators and on the OTC Markets website which is posted on www.sedar.com, http://thecse.com/en/listings/technology/evitrade-health-systems-corp, and http://www.otcmarkets.com/stock/EVAHF/filings.This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither the Canadian Securities Exchange (CSE or CNSX Markets), nor its Regulation Services Provider (as that term is defined in policies of the CSE), or any other regulatory authority accepts responsibility for the adequacy or accuracy of this release. The Company does not undertake to update this news release unless required by applicable law.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law and may not be offered or sold in the “United States”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.
SOURCE: EVITRADE Health Systems Corp.
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https://www.accesswire.com/541243/EVITRADE-Signs-LOI-with-Medical-Delivery-App-and-Update-on-Time-Release-Drug-Delivery-System-Joint-Venture
