Axxess Pharma Inc has raised US$2 million in funding through its subsidiary AllStar Health Brands Inc. The investors include Beaufort Capital Partners, the North American agent for U.K.-based Beaufort Ventures, an investment arm of Beaufort Securities. According to the company, the investment will be used to fulfill purchase orders and increase product inventory and marketing efforts. Based in Toronto, Axxess Pharma is a specialty health care products company that offers select medicines, nutritional supplements and over the counter remedies.
Axxess Pharma Inc. Secures $2 Million USD in Financing to Fulfill Increased Rate of Purchase Orders
TORONTO, ON, Jul 30, 2014 (Marketwired via COMTEX) — Axxess Pharma Inc. (pinksheets:AXXE) is pleased to announce through its wholly owned subsidiary AllStar Health Brands Inc., that they have secured $2,000,000 USD in financing. Funds will be used to fulfill current purchase orders and increase marketing and inventory of products. Management will also quickly add new high-demand products that have been requested by buyers to round out the TapouT Muscle Growth and Recovery line.
In a joint statement by the Managing Members of Beaufort Capital Partners LLC, Leib Schaeffer and Robert Marino announced, “We are honored to be one of the leading investors in Axxess Pharma, Inc. which continues to push the envelope in medical and nutritional products. These products such as their TapouT line, advance the health, comfort and care of those advancing a healthy lifestyle as well as those afflicted by illness and disease. We can think of no greater corporate calling than to partner with exciting companies on the forefront of nutritional health and alleviating pain and discomfort while affording the users with hope and relief.”
Daniel Bagi, M.D., President of Axxess Pharma stated: “This is another major milestone for Axxess Pharma. We continue expanding revenue while having funds to fulfill all orders, increase marketing and introduce high-demand products to market. Our TapouT-branded premium products are offered to individuals focussed on improving Quality of Life at every age.”
About Axxess Pharma Inc.: Axxess Pharma Inc. is a Nevada Corporation operating through its wholly-owned Canadian Subsidiary: Axxess Pharma Canada Inc., headquartered in Toronto. Axxess is a specialty Health Care Products Company dedicated to improving health and quality of life by offering select medicines, nutritional supplements and over the counter remedies all across the Americas. Axxess’s goal is to bring additional products to the market and provide new, innovative options for better health spanning areas such as high cholesterol, blood pressure, acute pain, — to optimal health management through improved nutritional supplements.
For more information, please visit www.axxesspharmainc.com , or contact Investor Relations at (973) 351-3868.
About TapouT: TapouT is a lifestyle brand that has been at the forefront of Mixed Martial Arts since its inception in 1997. The label is rapidly growing into other sports and categories, offering merchandise for men, women and kids. TapouT has endorsed high-profile professional athletes who compete in sports such as basketball, football, baseball, stock car racing, and most famously, MMA. TapouT is sold in sporting goods stores, specialty retailers and online. For updates and more information, please visit TapouT.com.
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