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Assured Pharmacy - 2013 Shareholder Letter
Date:4/24/2013

nlist the support of physician groups prior to opening the new stores to ensure rapid growth and profitability from the start.
  • We currently have a backlog of patients waiting to begin using Assured that can double the patient base of our existing stores. We are actively raising additional equity capital to accelerate the intake of these new patients. 
  • We are creating strategic relationships with manufacturers to assist them with the distribution of their new products.
  • Enhancements to our compliance program will ensure our leadership in the safe distribution of controlled medications.
  • We expect to uplist to NASDAQ or AMEX.
  • Launch of a long-term investor relations effort will enhance shareholder awareness.
  • As a small public company we faced many challenges. Last year was no different. We struggled to raise the capital needed for growth. Despite our financial constraints we successfully opened our newest store in Kansas. The Kansas store has set the standard for all new stores and has quickly become our largest and most profitable store, as a result we have begun to adopt many of the model changes in our existing stores. We also expanded our sales target market to include all controlled substances and restructured our terms with our primary wholesaler to significantly improve our gross profit margins. In addition to the operating enhancements, we also uplisted to the OTCQB market, which has given us access to new shareholders and funding opportunities.

    Looking back, Assured may have been a little early to the market as a pharmacy specializing in pain management, but we have taken advantage of that time to hone our expertise in the safe and efficient distribution of controlled substances resulting in an efficient, scalable pharmacy model that can be replicated throughout the United States.  As the pain management
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    SOURCE Assured Pharmacy, Inc.
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