Progressive Care Inc (RXMD)

[2times2]

Record Sales! perfect SS! Financials audited! 11 state Licences!

For the year ended December 31, 2016, the Company increased overall revenue to approximately $18.3 million, a 34% increase over the same period in 2015. Gross profit margins increased from 25% in 2015 to 28% in 2016, a 45% increase when compared to 2015. Operating income increased by approximately $845,000 in 2016 as compared to 2015 as result of increased sales achieved through effective marketing efforts to healthcare providers and increased compounding sales, partially offset by increased operating expenses.
http://www.otcmarkets.com/financialReportView...;id=168586




They have 11 state licenses now. Expansion to 50 states within few years means revenue and profit multiplication!
http://finance.yahoo.com/news/progressive-care-delivers-record-sales-175126653.html





The ScriptPro Pharmacy Automation System is online and fully operational.
http://ih.advfn.com/p.php?pid=nmona&article=72964854&symbol=RXMD





The Company will ship medications from its Florida facility to other states.
http://www.streetinsider.com/Press+Releases/Progressive+Care%3A+PharmCo+Receives+New+York+Pharmacy+License/11508843.html



Interview with the CEO:
is a must read not only for investors but to understand the market, the sector, the needs, the future of the healthcare platform in developed countries

RXMD has a 10cent price target, entry pps now at 2-3 cents; could see a quarter in 2017
http://seekingalpha.com/instablog/10425141-small-cap-reporter/4908968-market-brief-progressive-care-inc-rxmd-second-quarter-2016-wrap