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 (Date of earliest event reported: May 14, 2015
OptimizeRx Corporation
(Exact name of registrant as specified in its charter)
| Nevada | 000-53605 | 26-1265381 |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
| 400 Water Street, Suite 200, Rochester, MI | 48307 |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: 248.651.6568
|
___________________________________________________ (Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425) |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
SECTION 2 – Financial Information
Item 2.02 Results of Operations and Financial Condition.
On May 14, 2015, we issued a press release announcing the results of operations for the quarter ended March 31, 2015.
The press release is furnished with this Current Report on Form 8-K as Exhibit 99.1. The information furnished under this Item 2.02 and Item 9.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any registration statement or other filing under the Securities Act of 1933, as amended, regardless of any general incorporation by reference language in such filing, except as shall be expressly set forth by specific reference in any such filing.
SECTION 9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
| Exhibit No. | Description |
| 99.1 | Press release, dated May 14, 2015 |
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.
OptimizeRx Corporation
__________________________________
Douglas Baker
Chief Financial Officer
Date: May 14, 2015
Exhibit 99.1
OptimizeRx Corporation Announces Continued Sales Growth and Expansion in 2015
ROCHESTER, MI -- 5/14/15 -- OptimizeRx Corp. (OTCQB: OPRX) announced that it will hold its earnings call on Thursday, May 14, 2015 at 11:30 am Eastern Time. The call details are:
Toll-Free Dial-In Number: 1 (866) 593-0056 or toll: +1 (937)
641-0554
Provide Conference ID: 44544759 to the operator.
During the call, the Company will discuss 1st Quarter results and 2015 activity including the following highlights:
| · | Our sales for the first three months of 2015 approached $1.5 million, a 15% increase over the same period in 2014. |
| · | We generated positive cash flow from operations of $86,692 during the quarter. |
| · | Our cash balance increased to in excess of $3.5 million. |
| · | Our balance sheet continued to improve with working capital of approximately $3.2 million and a working capital ratio of 2.5 to 1. |
| · | Excluding non-cash expenses, the first quarter of 2015 generated operating income of $47,762. |
| · | We initially launched our SampleMD e-coupon solution in April of 2015 within Practice Fusion’s EMR and expect to be fully integrated by the end of the 2nd Quarter. We also have received commitment to begin running key campaigns through NextGen and anticipate impact beginning in June. Additionally, company is actively engaging and advancing with other leading platforms to position and prioritize integration of services. |
| · | We sponsored the ePrescribe/EHR conference held in Philadelphia in March 2015, which generated significant leads for our sales force. |
| · | We continued to add new brands in 2015 at both existing customers such as AstraZenica and Lilly, as well as at new customers such as Otsuka and Shionogi. |
| · | We continued to prove an outstanding return on investment on our pharmaceutical promotions through independent analytics firms |
| · | We are completing major technical upgrades, including migration to Oracle database, to allow for very robust growth and performance. |
Our Quarterly report on Form 10Q, which contains complete financial results is on file with the SEC at sec.gov.
About OptimizeRx Corp
OPTIMIZERx Corporation (OTCQB: OPRX) provides unique consumer and physician platforms to help patients better afford and comply with their medicines and healthcare products, while offering pharmaceutical and healthcare companies effective ways to expand awareness, access and adherence to their medications.
Our core product, SampleMD, replaces drug samples with electronic trial vouchers and copay coupon savings that are electronically added to an e-Prescription and sent electronically to the pharmacy and is integrated within leading Electronic Health Record (EHR) platforms in the country, including Allscripts, Quest Diagnostics, Practice Fusion and over 300 other EHRs to reach over 250,000 healthcare providers. In turn, we promote patients savings and support from the world’s largest pharmaceutical companies, including Pfizer, Lilly, Novartis, AstraZeneca and many others. For more information, please go to www.optimizerxcorp.com.
For more information, please go to www.optimizerxcorp.com or www.samplemd.com.
'SAFE
HARBOR'
This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of
1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used
to make an investment decision. Actual results may vary materially from the forward looking statements. More information about
potential risk factors that could affect our business and financial results are included in our annual report on Form 10-K for
the fiscal year ended December 31, 2014, and in reports subsequently filed by us with the Securities and Exchange Commission (“SEC”).
All documents are available through the SEC’s Electronic Data Gathering Analysis and Retrieval System (EDGAR) at www.sec.gov
or on our website listed above. We hereby disclaim any obligation to publicly update the information provided above, including
forward looking statements, to reflect subsequent events or circumstances.
Contact:
OptimizeRx
Doug Baker
dbaker@samplemd.com
248-651-6568 x807