UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report: March 20, 2000
Medix Resources, Inc.
(Exact name of registrant as specified in its charter)
Colorado 0-24768 84-1123311
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
7100 E. Belleview Avenue, Englewood, CO 80111
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (303) 741-2045
None
(Former name or former address, if changes since last report)
Item 5. Other Events. Press release announcing
Shareholder approval for an increase in the number of authorized
common shares.
<PAGE>
Exhibits
Exhibit 99.1 Press release dated March 20, 2000 announcing shareholder approval
for an increase in the number of authorized common shares.
SIGNATURES
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.
MEDIX RESOURCES, INC.
Date: April 3, 2000 By: /s/ David Kinsella
David Kinsella
Secretary and Controller
R O B I N S C H O E N P U B L I C R E L A T I O N S
526 Penn Street Newtown, PA 18940 t: 215/504-2122 f: 215/504-2123
e-m: [email protected]
FOR IMMEDIATE RELEASE
March 20, 2000
MEDIX SHAREHOLDERS APPROVE INCREASE
IN NUMBER OF AUTHORIZED SHARES
Denver, CO -- John Prufeta, president and CEO of Medix Resources, Inc.
[OTCBB:MDIX], today announced that the Company's shareholders approved the
Company's recommendation that the number of authorized shares be increased from
50 million to 100 million. Of the 11,905,007 votes received, approximately 90%
percent were in favor of the increase. Medix provides Internet-based health care
communication, data integration, and transaction processing software through its
Cymedix.com product line.
"We're delighted that our shareholders voted to support our recommendation that
the number of shares be increased," stated Prufeta. "An increase in the number
of authorized shares will strengthen our ability to compete in the competitive
iHealth software industry."
Medix Resources, through Cymedix Lynx Corporation, offers Cymedix.com, a suite
of fully-secure, patented Internet communications software products, to the
healthcare industry. Additional information about Medix Resources and its
products and services can be found by visiting its Web sites,
www.medixresources.com and www.cymedix.com, or by calling 800/326-8773.
# # #
"Safe Harbor" statement under the Private Securities Litigation Reform Act of
1995: The statements contained in this release, which are not historical facts,
contain forward-looking information with respect to plans, projections and/or
future performance of the Company, the occurrence of which involve certain risks
and uncertainties detailed in the Company's Form 10-KSB/A for 1998, which was
filed with the Securities and Exchange Commission on July 23, 1999, and its 1999
third quarter Form 10-QSB, which was filed with the Securities and Exchange
Commission on November 10, 1999. Such forms are available from the SEC or the
Company.
Contacts: General and Press Inquiries Investor Inquiries
----------------------------- -------------------
Robin Schoen Josh Golomb
Robin Schoen Public Relations SmallCaps Online Communications
215/504-2122 212/554-4158
