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This was created to get away from the headache of ridiculous posts at one point in time.
oh this is just a board to talk about RXMD'S DIVISION lol thought maybe we could start buying preferred stock lol
Not sure what you are asking.
whats this symbol Jim?
Up to you... Ask BullishSwag... He knows I have residences in Thailand as well as Colorado.... but then again, I could give a rat's ass what you think.
Let me tell you, I made over $100k in that rout from sub penny to 5 cents two years ago or so and I've been flipping this POS since, making some bank each time.
As far as the trucking company I touted, I made coin there also and was holding (still am) about 5m free shares which are now worthless...but needless to say, I am way ahead of you.... Retired, debt free, and living the good life... multiple residences in two different countries.... and yet you're still pumping a POS pharmacy that is being ran by a con man....
BTW, all the trades today were SELLS... The data shows that but keep telling yourself they were BUYS if it'll make you feel better. Do you have a snide arse comeback in regards to the pitiful 192k shares trading? Huge volume, right? LOL...LOL...LOL
Oh, BTW, you should check out SHMP.... I'm making some nice strides there... but it's currently all paper gains, just like what you're touting with RXMD..... the real gains are in my pocket... cash baby!!!
Yes, just as comical as the SP going from $0.26 to $0.06.... LOL...LOL...LOL
How about those trading numbers today?
182,200 shares traded and every single one of them were SELLS.... LOL...LOL...LOL
Progressive Care Enters into Definitive Agreements to Purchase Property for Third Pharmacy Location in South Florida
Miami, FL -- October 30, 2018 -- InvestorsHub NewsWire -- Progressive Care Inc. (OTCQB: RXMD) ("Progressive Care" or the "Company"), a personalized healthcare services and technology company, today announced that through its subsidiary Pharmco, LLC, it has entered into definitive agreement (the "Agreement") to purchase a property in Broward County, Florida that will double as the new corporate headquarters and as a retail pharmacy. This third location will facilitate the Company's growth by expanding the Company's pharmacy operations in the South Florida region.
On October 25, 2018, Progressive Care executed the Agreement to purchase an 11,000 square foot property (the "Property") in Hallandale Beach, Florida for $1,800,000 USD. The light distribution building has many of the necessary features including parking, zoning, structural integrity, and modern equipment necessary to accommodate the Company's needs for continued growth. Upon closing (the "Closing"), the Company plans to procure architectural plans and apply for the necessary permits to begin restructuring the floor plan to be more conducive to an industrialized pharmacy workflow. The Closing is expected to occur pursuant to the satisfaction of customary closing conditions.
The Agreement calls for payments to be made at Closing to the sellers in the form of a convertible promissory note for $300,000 secured by the Property and $1.5 million in cash to be financed through a traditional commercial mortgage for the total purchase price of $1,800,000, which is in addition to mortgage origination fees, real estate commissions, and other costs associated with the purchase.
"This Agreement is a testament to the Company's growth this year," said S. Parikh Mars, Chief Executive Officer of Progressive Care Inc. "We are about to embark on a new chapter of our development. As owners of our own space, we cement our standing in the Hallandale Beach, Florida community while also planning and preparing for our future."
The new facility will become the flagship facility which will provide for retail, long term care, mail order pharmacy operations as well as the corporate headquarters. This purchase is coming at a time when the current 5,000 sq. ft. North Miami Beach facility is reaching capacity and the Company has had to lease ancillary office space to accommodate administrative and accounting staff. The acquisition of the property will bring the total number of PharmCo locations to three, increasing our geographic footprint in South Florida.
For more information about Progressive Care, please visit the Company's website.
Connect and stay in touch with us on social media:
Progressive Care Inc.
https://www.facebook.com/ProgressiveCareUS/
https://twitter.com/ProgressCareUS
PharmCo, LLC
https://www.facebook.com/pharmcorx/
https://twitter.com/PharmCoRx
About Progressive Care Inc.
Progressive Care Inc. (OTCQB: RXMD), through its PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals, compounded medications, provider of tele-pharmacy services, the sale of anti-retroviral medications, medication therapy management (MTM), the supply of prescription medications to long term care facilities, and health practice risk management.
Cautionary Statement Regarding Forward Looking Statements
Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering. When used herein, the words "anticipate," "believe," "estimate," "upcoming," "plan," "target," "intend" and "expect" and similar expressions, as they relate to Progressive Care Inc., its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.
Investor Relations Contact:
Armen Karapetyan, Progressive Care
Senior Advisor Business Development
Armen@progressivecareus.com
www.progressivecareus.com
www.pharmcopharmacy.com
Public Relations Contact:
Tory Patterson, CMW Media
Tory@cmwmedia.com
www.cmwmedia.com
Web and Application Development Contact:
Marcello Jaspan, Mass Ventures Corp
Marcello@massventurescorp.com
www.massventurescorp.com
OTC Markets Group Welcomes New OTCQB Companies – December 5Dec 05, 2017
OTC Disclosure & News Service
New York, NY -
OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the following company is approved for trading on the OTCQB® Venture Market:
Progressive Care, Inc. (OTCQB: RXMD) Progressive Care Inc., through its subsidiaries Smart Medical Alliance, Inc. and PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals, compounded medications, the sale of anti-retroviral medications, medication therapy management (MTM), and the supply of prescription medications to long term care facilities, administration and practice management, utilization management, quality assurance, EHR Implementation, billing and coding, health practice risk management. Progressive Care, Inc. is headquartered in North Miami Beach, Florida.
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for this company on www.otcmarkets.com.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
12/05/2017: RXMD Completes Uplist To OTC QB
$$ glta
Progressive Care Is Open Following Hurricane Irma
MIAMI, FL -- September 12, 2017 -- InvestorsHub NewsWire -- Progressive Care Inc. (OTC PINK:RXMD), through its subsidiaries Smart Medical Alliance, Inc. and PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals, compounded medications, the sale of anti-retroviral medications, medication therapy management (MTM), and the supply of prescription medications to long term care facilities, administration and practice management, utilization management, quality assurance, EHR Implementation, billing and coding, health practice risk management, re-opened its doors on Tuesday, September 12, 2017 .
PharmCo, LLC did not sustain any damage during Hurricane Irma. Power was quickly restored in the area and the pharmacy opened its doors for business at its regularly scheduled time on Tuesday, September 12, 2017. The Companys staff has been working today to reach as many people as possible to see if they need medication replacement or emergency supplies.
We are extremely fortunate to have escaped the destructive effects of the hurricane, stated S. Parikh Mars, CEO. Today, as we assist those in need, we want to remind our patients to look at their medication needs and reach out for additional supplies and replacement. Patients, especially insulin dependent diabetics, should make sure not to take medication that has not been stored at the proper temperature due to loss of power. As always, the important thing is that everyone is safe. We feel blessed to know that all of our team members and their families are accounted for and well.
Progressive Care Delivers Thousands of Emergency Medications and Prepares for Hurricane Irma
MIAMI, FL -- September 8, 2017 -- InvestorsHub NewsWire -- Progressive Care Inc. (OTC PINK:RXMD), through its subsidiaries Smart Medical Alliance, Inc. and PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals, compounded medications, the sale of anti-retroviral medications, medication therapy management (MTM), and the supply of prescription medications to long term care facilities, administration and practice management, utilization management, quality assurance, EHR Implementation, billing and coding, health practice risk management, delivers thousands of emergency medications in preparation for Hurricane Irma.
PharmCo, LLC delivered over 3,000 prescriptions this week to ensure that patients have necessary medications during the storm. PharmCo is open today to fill and deliver all last minute medications in advance of the storms arrival. The companys facilities are not in a flood or evacuation zone and have hurricane impact windows. The company has made vigilant preparations, safeguarding equipment, medications, important documents, files, etc. The company has a generator and supplies to resume operation after the storm passes.
This company has always committed to serving the community, stated S. Parikh Mars, CEO. Our staff has called thousands of patients and providers to make sure that people are safe and that they have the medications they need. We want to remind everyone in the path of the storm to take their medications with them if they are evacuating their home and to keep their medications close to them wherever they are. After the storm passes, we will be here to lending a helping hand to anyone we can.
PHARMCO YEAR TO YEAR COMPARISONS
Just take a look at these phenomenal changes
2015
Financials: Unaudited
OTC Pink: Yield Sign
Net Revenues: $13,642,000
Gross Profit: $3,477,000
Operating Income: $-612,000
Net Income: $-1,219,000
Property Plant and Equipment: $56,000
Cash on Hand: $289,000
Cash on Hand Days: 26.6 Days
Scripts: 180,000
Authorized Shares: 500 million
Outstanding Shares: 352 million
Share price: $0.038
Highlights:
Last of 3(a)(10) transactions were completed in December 2015, eliminating nearly 2 million in aged debt off the balance sheet.
2016
Financials: Audited, with Quarterly Reviews by Auditing Firm
OTC Pink: Current Information Tier
Net Revenues: $18,318,000 - 34% Increase
Gross Profit: $5,059,000 - $1,582,000 Increase
Operating Income: $232,000 - $844,000 Increase
Net Income: $209,000 aka. Profitable with $1,428,000 Increase
Property Plant and Equipment: $350,000 Increase of nearly $300,000. Oh here’s where some additional profit went.
Cash on Hand: $816,000 - $527 Increase
Cash on Hand Days: 62.6 Days - 36 Days Increase
Scripts: 213,400 - 20% Increase
Authorized Shares: 500 million - No Change
Outstanding Shares: 344 million - Decrease of 8 million
Share price: $0.0185 - I guess this means we are heavily undervalued after the aforementioned improvements in performance.
Highlights:
Quarterly Conference Calls with Investors
Completion of Warehouse space expansion.
Installation of Script Pro automation system (1000 scripts per day capacity)
Started Smart Medical Alliance, healthcare consulting company
Became the primary 340B pharmacy for Empower U
2017 Additional Highlights:
Opened Resource Center in Century Villiage
Signed 340B Agreement with Community Aids Network
Released Audited Financials for FY2016 Timely
Alright keep watch on this one, Ms Mars seemed really positive about this year's outlook, especially for shareholders
Nice. I get tired of all the naysayers. Not invested at the moment but am considering joining once again.
Nice Jimmy. Great job.
Thank you Jimmy. Glad to be here.
Welcome to any fans of PharmCoRX. Please keep discussions civilized, factual, and educational.
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