On April 1, 2014, Pharmagen, Inc. closed the transaction. The company issued 100,000 shares to Bagel Boy Equity Group II, LLC in connection with the last tranche of the transaction. Bagel Boy Equity Group II, LLC has invested for 300,000 shares in the transaction.

The shares are redeemable by the company on ten trading days advance notice at two hundred percent of the purchase price.