DALLAS, June 09, 2017 (GLOBE NEWSWIRE) — Ascendant Solutions, Inc. (formerly OTC Pink: ASDS) has changed its corporate name to Dougherty’s Pharmacy, Inc. and is now trading under the new ticker symbol “MYDP.” The Company’s new CUSIP number is 258711100.
Mark Heil, President and Chief Financial Officer, commented, “We are excited to announce that we have finalized our corporate name change to Dougherty’s Pharmacy, Inc. We believe this strengthens our brand recognition within the investment community and better reflects our corporate vision and operating structure.”
About Dougherty’s Pharmacy, Inc.
Dougherty’s Pharmacy, Inc. is a retail pharmacy chain focused on successfully acquiring, managing and growing community-based pharmacies in the Southwest Region of the United States. The Company changed its name from Ascendant Solutions, Inc. to Dougherty’s Pharmacy, Inc. to better reflect the corporate vision and operating structure. Dougherty’s currently has approximately $48 million in net operating loss carryforwards which can be used to shelter future income, thus enhancing free cash flow or debt service capabilities. Interested investors can access financials and stock trading information for Dougherty’s at OTCMarkets.com or at www.doughertys.com.
CONTACT: Contacts: Mark S. Heil President and CFO 972-250-0945 Geralyn DeBusk or Tom Carey Halliburton Investor Relations 972-458-8000