Report of unscheduled material events or corporate changes.
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) March 8, 2013
(Exact name of registrant as specified in its charter)
|(State of incorporation)||(Commission File Number)||(IRS Employer Identification No.)|
2000 Town Center, Suite 1900. Southfiled, MI 48075
(Address of principal executive offices, including zip code)
(Registrant's telephone number, including area code)
477 South Rosemary Avenue Suite 203 West Palm Beach, Fl. 33401
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K/A filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective March 8, 2013, Amish Parikh, age 38, joined MediSwipe, Inc. (the “Company”) as Chief Operations Officer and also appointed Mr. Parikh to serve as a member of the Company's Board of Directors. The Company believes Mr. Parikh will greatly assist MediSwipe as it moves forward with its strategic goals in 2013. From May 2011 Mr. Parikh has been in a senior management position with Matrix Proven POS, a merchant processing company that and point of sale solution company for hotels, restaurants and other retail establishments.
From September 2009 Mr. Parikh has been Director of Development of Michigan Compassion, a federally approved nonprofit 501(c)3, specializing in Medical Cannabis Education. From September 2007 through February 2011 Mr. Parikh served as Senior Operations Engineer with Google and introduced ScanRobot to the Digitization Project to replace Human requirements for Book scanning.
Mr. Parikh’s annual salary will be $78,000. Additionally, after the first ninety (90) days of employment, Mr. Parikh will receive 250,000 shares of the Company’s restricted common stock.
In accordance with a written consent of resolutions of the Board of Directors dated March 8, 2013, Mr. Parikh was duly appointed as a member of the Board of Directors. Therefore, as of the date of this Current Report, the Board of Directors consists of the following members: B. Michael Friedman, Erick Rodriguez and Amish Parikh.
Mr. Parikh has almost ten years of experience in technology and healthcare has supervised staffs of up to 25 during his prior employment experiences. He is highly knowledgeable in the Payment Card Industry (“PCI”), specifically PCI compliance for the merchant processing industry, and is a Certified Security Implementer of PCI compliance system. In healthcare, Mr. Parikh has developed marketing strategies and conducted research studies to provide education to patients and healthcare providers. He has proven his expertise in operations with a consistent record of delivering results in growth, operational performance and profitability. His participation in corporate strategy and development of innovative products is well suited for the Company.
A copy of the Company’s press release announcing Mr. Parikh’s employment as the Chief Operations Officer of the Company as well as his appointment to the Company’s Board of Directors is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|By:||/s/ B. Michael Friedman|
|Name:||B. Michael Friedman|
|Title:||Chief Executive Officer|
MediSwipe Inc. Announces Technology and Healthcare Veteran to Board of Directors
LOS ANGELES, March 8, 2013 (GLOBE NEWSWIRE) -- MediSwipe Inc. (www.MediSwipe.com) (OTCBB:MWIP), a patient security solutions and financial products company for the medicinal marijuana and health care industry, today announced the hiring of Amish Parikh as Chief Operations Officer and also appointed Mr. Parikh to serve as a member of the Company's Board of Directors. The Company believes Mr. Parikh will greatly assist MediSwipe as it moves forward with its strategic goals in 2013.
Mr. Parikh brings several years of experience in both technology and healthcare to MediSwipe and presently holds the position of senior management heading a team of twenty-five technicians with Matrix Proven POS based in Michigan. Mr. Parikh is highly knowledgeable in PCI Compliance and Fraud/Theft Detection and is a Certified Security Implementer for PCI Compliance for the merchant processing industry. Formerly, Amish served as Senior operations Engineer with Google and introduced ScanRobot to the Digitization Project to replace Human requirements for Book scanning. Mr. Parikh additionally serves as managing Director of Michigan Compassion, a federally approved nonprofit 501(c)3 specializing in the delivery of Medical Education about health and legalities. He is involved in strategic business planning, strategic finance, non-profit strategy, development and fundraising via Grants, Wealth Management Firms, and Donors. As a licensed caregiver in the state of Michigan, he has developed market strategy and research studies to provide education to patients as well as healthcare professionals.
"We are extremely pleased to welcome Amish to MediSwipe's Board of Directors," said B. Michael Friedman, CEO and Founder of MediSwipe. "Amish brings a wealth of experience from leading companies including Google, and his knowledge of PCI compliance, merchant processing and as a licensed caregiver in our state, will help us further our business model not only in Michigan, but throughout surrounding legal jurisdictions. Having a licensed caregiver within the state of our corporate headquarters, will now allow us to expand the operations of our first Patient Certification Center scheduled to open this month. Further, we have targeted at least two additional centers for acquisition presently under negotiation that service several thousand patients and process at least 300 new prescriptions each month which we believe will meaningfully increase our revenue streams by being established businesses. While we have a long-term outlook for the company, Amish's expertise will help to guide us toward our execution of our strategic business model within the medicinal health sector," further stated Friedman.
About MediSwipe Inc.
MediSwipe Inc. (www.MediSwipe.com) provides innovative patient solutions for electronically processing transactions within the healthcare industry. MediSwipe provides terminal-based service packages and an integrated Web Portal add-ons for physicians, clinics, hospitals and medical dispensaries that include: digital patient records, Electronic Referrals, Credit/Debit Card merchant services, Check Guarantee and Accounts Receivable Financing.
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of MediSwipe Inc. to be materially different from the statements made herein.