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PawsPlus, Inc. (fka PPLS) RSS Feed

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PawsPlus, Inc.

 

 

SkyLynx Communications, Inc. Announces Name Change to PawsPlus, Inc. and Reverse Stock Split

SARASOTA, FL, Feb 04, 2009 (MARKET WIRE via COMTEX) -- SkyLynx Communications, Inc. (PINKSHEETS: SKYC) has changed its name to PawsPlus, Inc. (PINKSHEETS: PPLS), effective January 29, 2009. The name change is being made to better reflect the Company's current business: the sale of affordable pet health products and services.

The Company's CEO, Bryan Shobe, stated:

"A confluence of factors has created the 'perfect storm' for the introduction of PawsPlus into the pet health field," said Bryan Shobe, CEO of PawsPlus. "Consumers are in need of affordable alternatives to conventional Veterinary medicine. They want to get their animals vaccinated and purchase the monthly preventative products without spending a considerable amount of the family budget or their valuable time sitting in an office," Mr. Shobe went on to say. "A person can get a flu shot at the local market or pharmacy, but the family dog has had to pay for an office visit to get his annual vaccines. We have changed this model for our customers," Mr. Shobe added.

The Company has also just completed its 1:15 reverse stock split which repositions the Company's capital structure to make potential acquisitions in the future relating to its core business model.

VETCO Hospitals, Inc., a subsidiary of PawsPlus, Inc., was launched in the Southern California market in April 1996 with five full service animal hospitals. In addition, it now operates over 350 temporary vaccination clinics in over 175 retail locations per month in 5 western states providing in-and-out shot services, flea control products and other preventative care products to the consumer. This service brings clients back into the retailer on a regular basis, and provides the pet owner with both convenience and affordable preventative health care for the pets.

Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. In particular, the Company's statements regarding trends in the marketplace and potential future results are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of projects due to the variability in size, scope and duration of projects, estimates made by management with respect to the Company's critical accounting policies, regulatory delays, clinical study results which lead to reductions or cancellations of projects, and other factors, including general economic conditions and regulatory developments, not within the Company's control. The factors discussed herein and expressed from time to time in the Company's filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

 

 

 Contact: K. Bryan Shobe CEO, PawsPlus  
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