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Where were you today. 15s
Usually they give the seller some confidence in the deal taking place. They are basically a handshake deal between agreeing parties.
I’m thinking this will shake and bake tomorrow. Hopefully there are not too many strong hands wanting to back up the truck & load up. I’m hoping for some .15’s!
Only done deals are done deals. But how about 90%
Are LOI's ever done deals.
Colorfullife u are wrong. On March 2nd the PR said the Letter of intent (LOI ) was executed. So in less than 60 days this is a done deal. Better but your shares at today’s price ASAP tomorrow.
Thanks right back at you.
I am pretty sure there were not many shares actually for sale in the 17s or below.
It isnt a done deal because it didnt even reach a tentative agreement yet, all RXMD did just tell them that we are interested for take over if our secret proposal was met.
The LOI to purchase a pharmacy is a done deal 99% of the time. It takes approximately 60 days to get all HR, staff, paperwork etc. legal. Load up cause RXMD is a strong investment.
He got his quick hit and now moved on I'AM good with that we bounced back nicely and will continue our climb with solid company fundamental, and outstanding CEO who thinks outside the box doesn't get any better thank you....
Thanks for all you do here JIMMY QUICK
Yeah I hate that when it happens. You see a low good entry and they’re only offering 5k shares and u want 100k or worse, it doesn’t get filled at all. Glad to see someone else knows how to spell go the right way. LOL
GEAUX RXMD!
AGREE also it did give us the opportunity to P/u a few more shares..cheap, NOW I HAVE 26 SHARES! HOPE ALL IS WELL WITH YA.
We've been through this before last yr
.....Nice reset....
Big blocks were bought up at end of day.....Very good sign along with a rsi reset we were like 96 at one point...
I'm very positive here. Did my DD and I really like what I saw and heard. Happy with today's dip, had a chance to add 16k at .16 so far RXMD is my biggest position in my portfolio. I'll be very happy guy when we hit .50 RXMD long and strong.
Wait for CEO’s new interview to be released on Monday. She will definitely have some more updates on the new acquisition, CBD, and audit. Next week we will set up a new base in 20s and probably will break 30s when February rev number comes out either on Tuesday or Thursday!
I agree 100%. Let's keep focused on RXMD.
It's all right guys. We move on without the doctor. Maybe he gets back in at some point with his posse but now it's on us to move forward.
We DO have outstanding fundamentals here and a good group of longs that have their sights set much higher. I would advise everyone not to get into any fights with him and I do not want to test his wrath either - just let it go.
Remember we do have some outstanding catalysts coming up and I think we will eventually settle in for another test of .20 possibly tomorrow. I was especially encouraged there was strong support a little lower and we bounced back fairly strong. We will be just fine!
Guy's stop crying we're going a lot higher!! Know what you own. Pullback was good and overdue. Company is not wasting time, just sit on your a$$@s and wait. I know that everyone wants to get rich overnight, even me :) We got a diamond in rough here!!
I personally don't care what other people's strategies are either, the only part of what happened today that I take issue with is the large bid dumping. If, as a group, you and your followers have specific buy/sell targets, it would be in THEIR best interest also to break up the sells into smaller chunks so as not to tank the price. Doing that just hurts their own profits when they exit. Seems like they would choreograph a more diplomatic way to exit, JMO.
Either way good riddance, stronger longs scooped up those shares or the BIG BOYS did. It bounced back beautifully and I'm all good with a bit of a technical "reset" here so we can start the next leg UP out on stronger footing.
$RXMD
Thanks for posting that. Let's all relax - no need to argue here. We all know where RXMD is headed...let's enjoy the ride up.
Folks, many years investing, many years on such boards.
Some have short-term goals, some have long-term goals.
Some have both, and are not averse to selling one good stock to take advantage of a dip on another stock.
Keep looking at the fundamentals and we'll be fine.
Green tomorrow.
I agree, the Doc and his posse are gone, we can move on. Stronger hands now own those shares. They were all in it for a flip.
Nice recovery and we know why it happened which is important.
So the doctor left the office? That sucks, but as others stated those shares have moved to fresh hands. As LA always says, did the fundamentals change? If not rely on your DD and tune out the noise. That guy wants to sell right as the party is starting? So be it. I guess I can understand, him and the rest probably want fast money. To each their own. In the future if you find yourself invested in the same tickers as them understand the game they play.
He also specifically stayed that he does not influence his followers.
Yesss held up nicely.
.
NEW TWEET from $RXMD
Progressive Care
@ProgressCareUS
4m minutes ago
RT @ "$RXMD Seeks to Define New Level of #Service & #Healthcare that is Driven by the Needs of #Patients & #Families. @ProgressCareUS @PharmCoRx " http://ow.ly/ryLe30iPJyv
https://twitter.com/ProgressCareUS
No sweat here it's all GOOD$$$$$
https://www.barchart.com/stocks/quotes/RXMD/opinion
GO RXMD
Why thanks J.C. for thinking of me, I WILL!
SKYNYRD
100% needed. Last two areas of expected pause it just blew right past like a Model S in Ludicrous mode.
Long term we are still in great hand IMO. Him and ppl like him profit by grouping ppl to sell and buying what they sell. It's a win win for him. I also agree it gave the stock attention though which is good. Regardless it's hardest on the panic sellers because they are the only ones that lose.....
that is the normal process - it has to RS in most cases so it is at least $4, $6 is a typical entry. and no one looks at that as a bearish event in light of big board uplist. its a hellstorm of buying. I have yet to be part of one but have seen plenty.
No one is on anyone's side brother bull, except maybe the side of green $ :D.
how about we table this for the evening? better senses will prevail tomorrow.
Nice rsi reset this was overheated...
I haven't received a proxy letter yet. I'd do a 10 for 1!
Let's do it!
RXMD would IPO at $10.00
The Badguy
I’m not on anyone’s side dude relax. I just asked you how he lied
And guess what Shorts would to it at this valuation on Nasdaq.
It can go to NASDAQ right now , if you shareholders would allow a Reverse Split.
How’d he lie ND? I’m pretty sure when he showed up he disclosed the fact that he was a trader, and was completely transparent. I also remember him saying this would go to .12-.15 100%, and maybe .20, and he exited at .20. I’m ok with that. Him and his followers helped the run and helped garner attention to the stock. No harm in taking profits, everyone has their own strategy. It didn’t have a huge impact on the stock, we have had an incredible run, and were due for some consolidation.
LOL! Another V cut attempt that was devoured!
DON'T GIVE THEM YOUR RXMD GOLD!!! DO NOT BE SCARED!
RXMD's actual valuation is tremendous! DO NOT SELL!!
I'm telling you!
RXMD is NASDAQ caliber! And it WILL go to the NASDAQ!
The Badguy
I don't know about any of that but sure i suppose that would tick me off as well. perhaps direct the anger towards the source? i've done nothing here except just lend my 2c regularly on the board, perceived as good or bad.
i will leave the follow as i think you are a decent person and investor, possibly having a bad day. i have those too. and i'm about as headstrong as you are. peace.
I agree with all you said but am hoping we hit a buck this year. And be a couple more bucks higher getting to the nasdaq in 2020. Sounds like a good year for me to at least partially retire!
well stated 2x.
There were still more buys than sells today. Definitely a great sign of continued strength.
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Moderators gedi8 Truth022809 stockforce TrackDude MrMike241 |
Progressive Care Gains SEC Reporting Status
See on website
Miami, FL – April 12, 2022 – Globe Newswire via NewMediaWire – Progressive Care, Inc. (OTCQB: RXMD) (the “Company”), a personalized healthcare services and technology provider, today announced that, effective April 11, 2022, its Registration Statement on Form 10 filed with the U.S. Securities and Exchange (the “SEC”) to register its shares of common stock under Section 12(g) of the Securities Exchange Act of 1934 (the “Exchange Act”) became automatically effective.
The effective Form 10 obligates the Company to file Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, in addition to complying with all other obligations under the Exchange Act. In addition, management and certain shareholders are subject to the beneficial ownership reporting requirements of Section 13 and 16 of the Exchange Act.
Alan Jay Weisberg, Chairman and Chief Executive Officer of the Company said, “For me, it was always important to have the Company become fully reporting with the SEC. I know how critical it is for individual and institutional investors to have the Company file its financial reports with the SEC as it provides a higher level of confidence in the information reported by the Company and a superior level of transparency. I believe that the Company’s compliance with the Exchange Act will ultimately help drive shareholder value and enable us to access higher quality institutional capital. We remain committed to strong corporate governance and steadfast in pursuit of our journey to Nasdaq.”
To view the Form 10 filling, please click:
https://www.sec.gov/Archives/edgar/data/0001402945/000149315222009357/form10-12ga.htm
Key Financial Highlights for Year Ended December 31, 2021
• Revenue at $38.9 million
- COVID-19 testing revenue of approximately $4.3 million
- ClearMetrX TPA and pharmacy dispensing revenue related to 340B earned $2.8 million on total billings of $19 million
• Gross margin increased to 26% in 2021, from 23% in 2020
• EBITDA increased to $167,000 in 2021 from $7,000 in 2020
• Cash balance of $1.4 million as of December 31, 2021
Business Highlights for the Year Ended December 31, 2021
• Re-implemented upgraded pharmacy software system
• Expanded COVID-19 business into corporate-focused services and institutional clients
• Strengthened reputation in the 340B sector by adding eight new contracts
• Filed initial S-1 registration statement
• Submitted application for uplisting to Nasdaq
Q4 2021 Reflected a Positive Bounce Back in Business
• Increase of 10% in prescription revenue to $8.9 million in the fourth quarter of 2021, from $8.1 million in the third quarter of 2021
• Increase of 8% in prescriptions filled to 114,000 in the fourth quarter of 2021, from 106,000 in the third quarter of 2021
PRODUCTS AND SERVICES
Advances in HIV/AIDS treatment has greatly increased the ability of those suffering from the disease to manage their symptoms and live longer, healthier lives. Effective management of the disease begins with taking the right medications with the right dose at the right times. For those in the HIV/AIDS community, adhering to the very strict dietary and medicinal requirements can be extremely difficult. Normal activities are often interrupted and sometimes prevented by the struggle to be in compliance.
PharmCo wants to ease this burden on those impacted by this life altering disease. We aim to make compliance with prescription regiments as easy as possible. By understanding the sensitive nature of HIV/AIDS and the needs of those afflicted, PharmCo provides the following services to patients with these special needs:
1. Confidential packaging
2. Packaging tailored to suit a patient's individual life style
3. Free delivery from a variety of sources including PharmCo's proprietary delivery fleet
4. A staff that is well trained in acute illnesses, who understands the patient's needs and
concerns
5. 24 hour emergency support
6. Timely availability of specialty medications due to our extensive inventory
7. Access to newly developed medications
PharmCo is a fully accredited DME supplier. In November 2010, as part of Medicare's competitive bidding, PharmCo was awarded a three year contract to supply hospital beds, oxygen supplies, power wheelchairs, scooters, walkers, and other related equipment and accessories in South Florida. PharmCo carries an extensive inventory of equipment and accessories with most special requests being honored with same day or next day delivery. The company offers both sales and rentals with size, color, style, and brand options available on the majority of products. Most importantly, the staff is knowledgeable, helpful and dedicated to providing superior customer service.
PharmCo offers home service and maintenance, defective product replacements, and free home installation and instruction.
PharmCo's institutional clients have come to depend on the company's proven accuracy, dispensing methods, and immediate response time. With PharmCo compliance and efficiency assistance, long term care institutions are able to provide the highest level of continued care to their patients. PharmCo provides purchasing, repackaging and dispensing of both prescription and non-prescription pharmaceutical products. PharmCo utilizes a unit-of-dose packaging system as opposed to traditional vials used for its retail customers. This method of distribution improves control and patient compliance with recommended drug therapy by increasing the timeliness and accuracy of medication dispensing. PharmCo also provides computerized maintenance of patient prescription histories, third party billing and consultant pharmacist services. Its consulting services consist primarily of evaluation of monthly patient drug therapy and monitoring the institution’s drug distribution system.
Long term care institutions can count on PharmCo for the following services:
1. On time, same day deliveries available twice a day with 24 hour emergency support
2. Language assistance in English, Spanish, French, Creole, Portuguese, Russian, and Hebrew
3. Unit-dose packaging options tailored the facility's needs
4. Prescription data accuracy
5. Extensive medication and DME inventory
6. Access to OTC medications, nutritional products and personal hygiene items
7. Provision and review of medication carts
8. Monthly pharmacy consultations- drug interactions, redundant therapies, side effects, etc.
9. Compliance updates and consultations
10. Staff Training
11. Exceptional customer service.
Toll Free: 888-919-7411 Phone: 305-919-7399 Fax: 305-919-7424
HOURS
Monday- Thursday 8:30 AM - 6:30 PM
Friday 8:30 AM - 6:00 PM
Saturday 11:00 AM - 4:00 PM
PharmCo currently services: Miami-Dade, Broward, Palm Beach, Martin, and St. Lucie Counties.
Progressive Care Reports Full Year 2021 Financial Results Highlighted by $38.9 Million in RevenueGLOBENEWSWIRE – 11:16 AM ET 03/29/2022 |
Progressive Care’s PharmcoRx Gains Status as Approved COVID-19 Test Vendor in the U.S. for Travel to Beijing Winter Olympic Games in ChinaGLOBENEWSWIRE – 7:00 AM ET 02/02/2022
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