Praxsyn (OTC:PXYN, the “Company”) is pleased to announce that it has signed a Letter of Intent to purchase Amelia Island Outpatient Surgery Center, LLC. In Fernandina Beach, Florida, home to the Amelia Island Concours d’Elegance. The state of the art, outpatient surgery center occupies approximately 9,000 sq. ft. of the two story, approximately 29,000 sq. ft. building, all of which Praxsyn has agreed to purchase. The balance of the space is intended for independent medical offices. It’s location on this resort island offers Praxsyn the ability to extract patient flow from as far south as Daytona Beach and as far North as Savanah, Georgia and West to Tallahassee. The building and land have an appraised value over $8,000,000.
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