Vicis Capital buys more than 12.9 million shares of Amacore for 85.9% interest

By Lisa Kerner

Charlotte, N.C., Oct. 31 - Amacore Group, Inc. investor Vicis Capital LLC reported the purchase of 12,977,150 shares of the company's stock between Oct. 6 and Oct. 30 priced from $0.15 to $0.20 each, according to an SC 13D/A filed with the Securities and Exchange Commission.

Vicis beneficially owns 782,348,400 shares, or 85.9% of Amacore.

In August, Vicis Capital said it planned to nominate two people for election to Amacore's board of directors.

Based in Tampa, Fla., Amacore provides health-related membership benefit programs, insurance programs and other solutions to individuals, families and employer groups in the United States.

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