CINCINNATI, Ohio (Jan. 16, 2018) – HealthWarehouse.com, Inc., a Verified Internet Pharmacy Practice Site (VIPPS) accredited online pharmacy licensed and/or authorized to sell in all 50 states serving consumers who pay out of pocket for their prescriptions, today announced that it plans to register with the Securities and Exchange Commission (SEC) under the Securities Exchange Act of 1934 (Exchange Act) and, once such registration is effective, will become a public reporting company and file current and periodic reports with the SEC.
The company previously was registered and filed reports under the Exchange Act but deregistered in April 2017 in order to reduce costs. In addition, the Company intends to apply to the OTC Markets to list its common stock on the OTCQB Market once its registration under the Exchange Act is effective. The company’s common stock was previously listed on the OTCQB Market but delisted when the company deregistered with the SEC.
Joseph Peters, president of HealthWarehouse.com, stated, “The Board of Directors has determined in light of the company’s significant progress in improving its balance sheet, increasing gross profit margins and growing sales, to register as a reporting company with the SEC in order to provide shareholders with the best and most current information about the company. In addition, listing the common stock on the OTC Market will provide additional liquidity for shareholders.”
There can be no assurance that the company will complete its registration under the Exchange Act and become a public reporting company or that it will be successful in listing its common stock on the OTC Market.
HealthWarehouse.com, Inc. is a trusted VIPPS accredited online pharmacy based in Florence, Ky.. The Company is focused on the out of pocket prescription market, which is expected to grow to over $50 billion in 2018. With a mission to provide affordable healthcare to every American by focusing on technology that is revolutionizing prescription delivery, HealthWarehouse.com has become the largest VIPPS accredited online pharmacy in the United States exclusively servicing the cash market.