form-424b3_86012
Rule 424(b)(3)
Reg. No. 333-63162
MEDIX RESOURCES, INC.
SUPPLEMENT TO PROSPECTUS
DATED AUGUST 6, 2001
On April 1, 2002, the Company filed a Form 10-K for its fiscal ending
December 31, 2001. The Form 10-K is hereby incorporated by reference into the
Prospectus. A copy of the Form 10-K can be obtained from the Company or from the
SEC, and must be delivered with the Prospectus. Our net loss for the year was
approximately ($10,636,000), and at December 31, 2001 we had an accumulated
deficit of approximately ($34,059,000) and a working capital deficit of
approximately ($1,404,000).
29,703 shares of our common stock registered in the name of Dutchess
Advisors Limited under the caption "Selling Shareholders" in the Prospectus have
been transferred to Dutchess Private Equities Fund, L.P., and from the date
hereof the number of shares listed under such caption for such selling
shareholders shall be deemed to be: Dutchess Private Equities Fund, L.P,
1,529,703 shares, and Dutchess Advisors Limited, 570,297 shares.
As of April 1, 2002, we have made 16 draw-downs under the Equity Line of
Credit Agreement for the aggregate amount of $2,584,910. In connection
therewith, we have issued 4,468,629 shares of our common stock.
The date of this Supplement is April 1, 2002