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Re: Drugdoctor post# 1544340

Saturday, 05/23/2015 7:36:37 PM

Saturday, May 23, 2015 7:36:37 PM

Post# of 2346856
Praxsyn (formerly Pet Airways) did a reverse merger into a dirty shell with 2 million debt, and hundreds of millions of shares overhanging.
The compound pain industry and workers compensation markets are rife with fraud and insurance companies are dramatically slashing what they will pay on compound pain cream prescriptions.
If that is not enough, the are involved in a major lawsuit with a previous vendor that has placed a cloud over the company.
The stock has no sponsorship, trading just above a 52 wk low with anemic volume.
By the company's own admission, more toxic financing is needed.
Technically, every single attempt at a rally has failed and the stock is making lower lows.
The outlook remains very uncertain whether this company can continue as a going concern.
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