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Last $0.03 USD
Change Today 0.00 / 0.00%
Volume 0.0
MPSP On Other Exchanges
As of 8:10 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

medpro safety products inc (MPSP) Snapshot

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01/23/15 - $0.15
52 Week Low
03/5/15 - $0.0011
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medpro safety products inc (MPSP) Details

MedPro Safety Products, Inc. operates as a medical device company that develops and acquires safety products, which include technology designed to prevent needlestick injuries in the United States. The company offers hypodermic safety syringe designed to offer safety in the conventional injectable marketplace, as well as includes the anti-blunting technology used to protect the injection needle from damage upon insertion into a vial; prefilled safety syringe that accepts prefilled cartridges used as a primary container of injectable medicine; and IV shuttle device, a drug delivery device that uses an internal cannula to penetrate the cartridge and deliver the medicine to the patient. It also provides ready to fill cartridge to work with the drug delivery platform; and insulin guard that consists of a detachable safety needle made to work with autoinjectors. The company was founded in 1995 and is headquartered in Lexington, Kentucky.

6 Employees
Last Reported Date: 11/13/13
Founded in 1995

medpro safety products inc (MPSP) Top Compensated Officers

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Executives, Board Directors

medpro safety products inc (MPSP) Key Developments

MedPro Safety Products, Inc. Announces the Resignation of the Executives

On March 8, 2014, MedPro Safety Products, Inc. announced that Garyen Denning has resigned from his position as the company's Executive Vice President, effective immediately. The directors of the company resigned from the board were Ernie Fletcher, Leo Keily, Gary Peterson, Warren Rustand , Carl Kleidman and Craig Turner.

MedPro Safety Products, Inc. Enters into an Amendment to Series D Senior Secured Promissory Note; Announces Executive and Directorate Changes

MedPro Safety Products, Inc. and its principal shareholder Vision Opportunity Master Fund Ltd. entered into an amendment to MedPro's Series D Senior Secured Promissory Note. The amendment extends the maturity date of the Series D Note from December 31, 2013 to March 31, 2014 and increases the interest rate on the outstanding principal balance of the Series D Note from 10% to 15% during the extension period. All other terms and conditions of the Series D Note remain unmodified and in full force and effect. In addition, MedPro granted VOMF the right to appoint one member to MedPro's board of directors any time there remains outstanding principal on the Series D Note. The outstanding principal balance of the Series D Note is currently $4,310,000. On December 23, 2013, Marc T. Ray resigned from his position as MedPro's Chief Financial Officer and Vice President of Finance, effective immediately. The company has not designated a successor at this time. On December 12, 2013, Andrew P. Merkatz resigned as a director of the company. Mr. Merkatz had served as the designated representative of VOMF on MedPro's board of directors since March 18, 2013.

Medpro Safety Products Announces Resignation of Gregory Schupp as Chief Operating Officer

MedPro Safety Products announced that Gregory Schupp, former Chief Operating Officer of the company, ceased serving in that position effective December 11, 2013. The company does not plan to fill this position at the present time.


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