Preferred Commerce, Inc. acquired OpenCell Biomed, Inc. (OTCPK:OCBM) in a reverse merger transaction on August 15, 2014. The transaction became effective August 15, 2014. The shareholders of Preferred Commerce acquired approximately 99% of the issued and outstanding shares of OpenCell Biomed common stock.

Preferred Commerce, Inc. completed the acquisition of OpenCell Biomed, Inc. (OTCPK:OCBM) in a reverse merger transaction on August 15, 2014. OpenCell Biomed, Inc. changed its name to Preferred Commerce, Inc., effective June 20, 2014.