Didactic summary: "PharmaJanes™ is currently developing a

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Didactic summary: "PharmaJanes™ is currently developing a web and  phone application that allows individuals to place orders  for  medical marijuana through a  website  and  smart phone application anywhere such a transaction is legal in the United States. The purpose of PharmaJanes™ is to give patients a simple ordering platform, while allowing local collectives to service the orders in compliance with state and local laws and ordinances. PharmaJanes™ will act solely as an expediter and processor of the orders, and the fulfillment function will be done entirely within the particular state of residence of the purchaser, by licensed collectives or other licensed medical marijuana providers in that state.

PharmaJanes™ currently  has  over  $5M  in  annual  marketing  contracts in  place  for  this  service  and will be the exclusive point-of sale for the collectives under contract.
.
Since the acquisition, we have established our new web site and ordering platform at  www.pharmajanes.com, which currently is available only in California for California
residents. 

We (AEGY) also acquired the Simple Prepay™ merchant payment solution from iEquity Corp in May 2013. The Simple Prepay ™ system  was  developed  to  offer  dispensaries,  collectives, and  delivery services for medical  cannabis, a convenient payment solution. Medical marijuana patients will be able to upload funds onto their Simple  Prepay™ account via a smart phone application or via a website, allowing them to purchase their medical cannabis needs with  privacy and simplicity. Our website at  www.simpleprepay.com is in the development stages and is expected to go live shortly.

We also have signed an agreement with SK3 Group, Inc. to become the exclusive on-line and smart phone ordering  and  marketing  platform  for  collectives  managed  through  the  SK3  Group  system.  Members  of  the  collectives managed  by  SK3  Group will soon be able to order their medical cannabis needs through PharmaJanes™.

Combined with the PharmaJanes™ on-line and smart phone ordering platform, medical marijuana patients will be  able  to  order,  process  and  pay  for  their  authorized needs,  in  a  simple,  safe  and  secure  ordering  and  payment interface. Local licensed collectives or other licensed medical marijuana providers in the home state of the end user,  will  then  fulfill  the  orders  provided  through  this  new  system,  in  full  compliance  with  state  and  local laws  and  ordinances. We will act solely as a background ordering and payment service, and will not be cultivating, shipping,  storing, delivering, or otherwise handling the medical marijuana, all of which will be handled directly by collectives  or  other  providers  licensed  and  authorized  in  the  state  in  which  the  delivery  is  both  authorized  and  completed, currently limited to California."

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