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Certainly pleased with my silver purchase today, should be quite an endeavour moving forward. 🤟Thanks for that one Mack.
Yessir. I certainly did.... hope ya still holding, I see $20 coming by end of year.
I knew you would get the "Royal" thing lol😁
Im counting on kicking the bucket soon, however.
Not quite, was praising a position I shared with JMCK. I'm not counting on NXPL returning to pre-split valuation anytime soon. Fernandez screwed us then kicked the bucket.... I'll be writing off these losses on my 2025 taxes.
If I'm not mistaken he prefers the..... herbal substances
Looks like the Royal Crown kicked in early today. 😜
Captain howdy praising nxpl. What's next? Pigs flying?
Yep. The polar opposite with Rolls, keeps on setting new 52 week highs. What a strong position
NEWSCOCONUT GROVE, Fla., June 30, 2025 /PRNewswire/ -- NextPlat Corp (NASDAQ: NXPL, NXPLW) ("NextPlat" or the "Company"), a global consumer products and services company providing healthcare and technology solutions through eCommerce and retail channels worldwide, today issued the following Interim CEO Update Shareholder Letter:https://mma.prnewswire.com/media/2274958/NextPlat_Logo.htmlTo Our Shareholders:As interim CEO of NextPlat and on behalf of our Board of Directors and management team, I am writing to you to provide an update on our company and the actions being taken to drive the business forward.In the month since the unexpected passing of our former CEO and Chairman, Charles M. Fernandez, our team has been closely reviewing our operations to build on the strong foundation he helped create. As part of this, I personally met with leaders across our subsidiaries and was truly impressed by the passion and dedication of our highly experienced employees. Based on the insights I gathered, I'm confident that with greater focus, improved coordination, and targeted investment, NextPlat is well-positioned to capitalize on the opportunities ahead and unlock significant value.Where We Are TodayHaving completed my initial review, I believe that our healthcare division is particularly critical to our future success as it currently represents the largest part of our business and offers significant untapped opportunities to explore. I believe there are several areas that we need to address if we are to properly support the business and reach our long-term goals, foremost amongst them being:Where We Are Going – Pharmacy and HealthcareAs we've previously communicated, the retail pharmacy sector continues to face unprecedented challenges driven by rising drug costs and made worse by reimbursement rates not keeping pace with those rising costs. Therefore, our focus must remain on executing the business of the Company efficiently and investing in alternative areas of healthcare that offer growth potential.To that end, we've been working to streamline our current healthcare operations and expand our contracted 340B and long-term care (LTC) services, both of which present opportunities for profitable growth. We also intend to take several strategic steps within our healthcare business, including:Where We Are Going - E-CommerceAlthough e-Commerce represents a smaller part of NextPlat's overall business, I have spoken in the past about the vast global opportunity and potential we see in this business. Through leading e-Commerce marketplaces such as http://amazon.com/, Walmart, and Alibaba in China, as well as our own network of branded online storefronts, we have created a global presence supporting tens of thousands of customers in over 150 countries. This is something we intend to build on.Recently, new tariffs, particularly between the U.S. and China, have delayed product launches like our Florida Sunshine vitamin brand, but we still see strong global opportunities ahead. That is why we are focusing on growing our e-Commerce business through a series of initiatives including:For Our ShareholdersAs I indicated earlier in this update, the team at NextPlat shares a common belief in the long-term opportunities ahead of us and the ability to build upon the strong foundation created under Charlie's leadership. Our internal business review identified our strengths as well as areas that need immediate attention and improvement if we are to meet our growth and profitability objectives. That is why we are committed to addressing several areas and needs in the business, including:A Thank YouIn conclusion, we must thank our partners, customers, employees, and investors for their continued support and wish to confirm our pledge that we intend to use recent developments as a catalyst for change and as an opportunity to advance Charlie's legacy. Although we have challenges ahead, Charlie created a strong and well-funded foundation for us to build on, and both I and our Board are committed to realizing and surpassing the potential he saw for NextPlat in the months and years ahead.Sincerely,David Phipps
Interim Chief Executive OfficerAbout NextPlat Corp
Nextplat i
Agreed. Fernandez's carefree leadership did alot of damage to shareholders value. Slow and steady continued rise in price; hopefully.
We still have a long ways to go…. About $5 at a minimum
I bought a good bit earlier.
Rather amazing how the loss of an incompetent CEO has improved the share price.
Nice end of the day buying for sure.
Are we finally seeing some buyback? Took next to no shares to move it a dime
No doubt, he blew a head gasket. 🤣
Booger sugar at that age is like super charging your car with 200k miles. She's gonna blow.
He over did it on Memorial Day w/ that Miami Cartel blowcaine. 🤣 Best move he ever made as CEO to get NXPL leadership back into capable hands.
I've looked and can't find anything. Per the coroner's office he died on a Tuesday at 2:29 PM. My guess is a heart attack.
$NXPL
Has anybody seen or heard anything about what was the cause of death (Obituary report) for Fernandez?
It is true, but what we expected is more firmly about , new about or bombshell about. Mr.Fernandez might has been very ill during the time , so we should for give him.
At least we have some idea of their plans going forward, much better than we ever got with Mr. Fernandez.
$NXPL
At the very least they're owning up to supporting Charles vision. If this had been a complete fleece from the gate they would have distanceed themselves from the buy back im pretty sure and not added anmo to any looming lawsuits
Feel like nothing new ....
Have to give them the benefit here. Charlie is gone so that puts a kink in things for a while. I'll take it for what it is for now. A reiteration that they will be doing it.
Agreed JMCK. Basic logic dictates it would have been advantageous to buy back in the 40s and 50s, now the stock has become .25 cents more expensive.
I really wish I knew what the hell they are waiting for to pull the trigger on the buyback program?
"Implement the stock buyback program" How about giving us a time-line of when!!!??? You're going to do that!!! Whatthehell are you waiting on?
Hope springs eternal. Maybe they'll do a buyback before we kick the bucket.
Hahaha. Well played, Sir.
Fernandez did it all for the nookie
Dang. I only have Napster. 🤣 Care for a Limp Bizkit MP3?
It would be quite foolish to reiterate their intention to buy shares and not do it. Good either way.
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Looks good on paper. Now let's see it happen. There is a reason they never did it. Now for the second time they are referencing it. Words mean nothing. Facilitate the buy back immediately Nextplat.
NEWS: More of the same
Only results matter anymore.
In the last 10-k they repeatedly mention how important Charles was to the company. I know other companies where the CEO was a major part of the business and it would suffer if something happened so the companies kept life insurance policies in place on the CEO to offset some of that. I wonder if NXPL had a policy on Charles?
Thanks for posting Turbo.
For our shareholders
-Implement the stock buyback program previously announced
After they got their non-compliance letter they have 180 days to fix it. That is not up yet. THEN they can apply for another 180 days extension. Those are usually granted.
$NXPL
Agreed Wang. They can't possibly be that foolish to open themselves up to a shareholder lawsuit for failing to execute as stated within a publicly released document.
SMH, everything done under Fernandez the Flop left many of us guessing.
NXPL's board-approved $2 million share buyback program has yet to be seen despite being announced six months ago.
If anything bad happens to NXPL as a result of the board's neglect after announcing that buyback without ever acting on it, NXPL's shareholders will have an easy lawsuit against the board.
NextPlat Board of Directors Approves $2,000,000 Share Buyback Program
If I'm not mistaken didn't they get an extension? Not completely sure.
This has been under a dollar for quite a while … when are they scheduled to be kicked off the big boards ???
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