Company WellTek Incorporated Other OTC

Welltek Incorporated, formerly Pharmacity Corporation, was a shell corporation and was not engaged in any active business. Effective on November 12, 2009, pursuant to an agreement and plan of merger dated September 1, 2009 (the Merger Agreement), the Company, WI Acquisition, Inc., a wholly owned subsidiary of the Company, and MedX Systems, Inc. (MedX Systems), MedX Systems merged with and into WI Acquisition, with WI Acquisition surviving the merger, and became a wholly owned subsidiary of the Company. In June 2010, the Company acquired 51% interest in WellCity, Inc.