Business Description

Michelex Corporation founded in 1999, comprised of a diversified portfolio of businesses viz:Financial Services, Pharmaceutical Drug Manufacturing and Distribution.

Pristine Pharma Corporation, a subsidiary of Michelex, owns pharmaceutical manufacturing assets worth $3.5 million for the production and packaging of liquid as well as solid dose medicines. Prisine supplies the National Brand Equivalents of Over The Counter medicines to National and International Wholesalers and Retailers in store brands, private label and "NUMED" brand control label.

United Mortgage Bankers a/k/a United Merchant Bankers, another subsidiary of Michelex, concentrates on trade finance, factoring and project financing of privately held businesses. United has $3.0 million of paid up capital and $10.5 million of investment funds to support its business plan.