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Neurotrope, Inc., Announces Reverse Merger and Completion of $21.9 Million Private Offering
Date:8/29/2013

PLANTATION, Fla., Aug. 29, 2013 /PRNewswire/ -- Neurotrope, Inc. (formerly BlueFlash Communications, Inc.) (OTCQB:  BLFLD), a Nevada corporation (the "Company"), announced today that it completed a reverse merger on August 23, 2013, in which Neurotrope BioScience, Inc., a Delaware corporation ("Neurotrope"), became a wholly owned subsidiary of the Company.  Shares of the Company's common stock are currently quoted on the OTC Markets under the symbol "BLFLD," which will change to "NTRP" on September 9, 2013.

Neurotrope is a biopharmaceutical and diagnostics company principally focused on developing two product platforms, a diagnostic test for Alzheimer's Disease and a drug candidate called bryostatin for the treatment of Alzheimer's Disease, both of which are in the clinical testing stage. 

The Company, now headquartered in Plantation, Florida, will continue the business of Neurotrope as a wholly owned subsidiary.  The Company's new management team includes Neurotrope's Chairman of the Board, Dr. John Abeles, its Chief Executive Officer, Dr. Jim New, its Chief Scientific Officer, Dr. Daniel Alkon, and its Chief Financial Officer, Robert Weinstein.  The Company's Board of Directors now consists of five members, Dr. Abeles, Dr. New, William Singer and Ralph Bean, all of whom were directors of Neurotrope prior to the merger, as well as Jay M. Haft.

Immediately prior to the closing of the merger, Neurotrope completed a closing of the sale of 11,533,375 shares of its Series A convertible preferred stock in a private offering to accredited investors, at a price of $1.00 per share, resulting in gross proceeds to Neurotrope
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SOURCE Neurotrope, Inc.
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