Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Are you and yellowdog related? You two are hilarious. Every business sets deadlines, some are met and some are not. Do you know anything about business??? Huge corporations set and break them all the time and you expect a START-UP to perform better? Why not just donate your worthless paper to charity and be done with it? I'd think a rich man like yourself would have better things to do with his time than rant about such a bad deal YOU got yourself into.
What facts are you talking about? A stock that is no longer trading? No disclosure of sales figures, profits, or how many people have signed up? If things are "moving along" why not publish the business stats? If this trades again my "agenda" is to get back what I can, and move on. If there were any good news, Peter would make it public in order to help raise the money he says he needs.
"Son, I'm gonnah he'p you get your mind right."
Fact is Peter is moving RXPC Inc along. And yes, the money issue has been and will continue to be an issue. But to just ignore what Peter has done with RXPC Inc is showing an agenda to me. If you want to believe there is no chance that we'll get trading again and actually grow...fine. But enough of the repetitive useless posts. We'll all find out down the road. No need for personal attacks.
Keep this in mind, Peter is not very smart by putting a deadline in his letter. All he had to do was state the amount, but instead he puts a deadline in his letter. He did not have to do that, he's just not CEO material.
"Son, I'm gonnah he'p you get your mind right."
Truth hurts, deal with it!
"Son, I'm gonnah he'p you get your mind right."
LOL. He missed his deadline. In this economy, everyone is missing their deadlines Ocean. The FACT is $55k had been raised as of that last letter and RXPC Inc is moving forward. Now if those Certs you hold are so worthless, I'll give you my address and you can send them to me. I'll even reimburse you the cost of mailing them.
The first letter he sent out said,
"To close the letter of intent to position RXPC INC on the NASDAQ is challenging as I need to raise $130,000 dollars by May 15th 2008."
The most recent letter say's,
"We reaffirmed our success in raising capital from existing shareholders across the United States as we raised $55,000 in the past two weeks.I will reach our goal of $130,000 in early June and continuing building RXPC expeditiously as the U.S. economy shows little signs of giving the people a break."
So he missed his deadline, and acts as if all is well! LOL. Same old same old.
I have both letters, along with the non tradable certificates that are supposed to make me whole?
"Son, I'm gonnah he'p you get your mind right."
Hey, a shareholdr who aI trust got it. I will get ask him for a copy if you want me to prove it to you. Also, he will dilute old sharholders. For him to have any chance he will have to give up a large part of new company and old sharholders will be diluted. Very simple jr. think you already know that. Wow. Woof.
Talked to some people who were notified that Peter hasn't been able to raise enough money.
No, I stand by it being the dumbest. Try stating the FACTS. You talked to some people that received a letter sent out to all shareholders. Peter stated $55k of the $135k has been raised. You tried to make it sound like you "knew" something, LOL. Peter has been transparent in his efforts and is not looking to "dilute" the stock to worthless as you keep putting it. I know this may be a stretch for you but WHY would he go to the effort to get back to a publicly traded company just to run it to .0001???????? He didn't do it the first time around and proved that he believes in a tight SS. Maybe you forgot that he had dropped the OS from 180 mil down to the 60 million range. Those are FACTS bud, not JMO.
So maybe this wasn't the dumbest post you have seen. Seems it was true. Can get a copy of the letter for you. Lol. Woof.
When I first posted that letter existed you basically made it sound like I was lieing. Now you all knew it. Wow. Woof.
When I first posted that letter existed you basically made it sound like I was lieing. Now you all knew it. Wow. Woof.
Okay, what are they going to be worth in new company. they will be severly diluted. You know that as well as I do. Wow. WOof.
The people with "old shares" were made whole. Ask anyone that received their certs. As for the letter, that was sent to every shareholder, LOL. You tried to make it sound like you had info but we all knew that. Doesn't it make sense to raise all the funds first, before closing??? As for dilution that you keep claiming, you as always are barking up the wrong tree! No BS from me bud, just the FACTS. Now go chase your tail, got better things to do than argue with you.
Oh so my info on the letter was right. That is what the letter said. 135 k. And what is he going to operate this company with. Also, I am sure all the people with old shares will be made whole. Wow. Woof.
Was told he sent out a letter saying he was only able to raise 55,000 of the necessary 130,000 by May 15. Want me to get you a copy. Also, tell me if the info is false. Don't come back with some bs. Just tell me if it is true or not. Lol. WOof.
Not necessarily. It takes less than 100k to start up a company and get it to the BB. It does take 3-9 months and alot of paperwork, but at least you know what you have at that point. The other way is to buy a shell. WNSH, for example, was bought for $2k, but has alot of dirty laundry so may not have been worth it. Others can be bought that are cleaner for varying amounts. Peter has been looking at one for about $135k. Until the DD is done, he won't know if it is the right one or not. I personally wouldn't mind building a clean shell and moving forward as I was never one to pick up after others.
Talked to some people who were notified that Peter hasn't been able to raise enough money. Also, like I said, buying the shell is just the begining of the needed funds. And oh yeah, what is going to happen to the old shares. Can't wait to get my hands on some shares. He will make me rich. Lol. Imo. Woof.
He won't get any significant money. That is pretty obvious at this point. His track record speaks for itself, regardless what Jr says. He had rxpc trading once and couldn't keep that going. Even say he raises the money to buy the shell. than what. Do you realise what it costs to file and operate a start up company. And oh yeah, what happens to all those lucky holders of the old shares. If he does get this going, he will have to dilute this thing like crazy. Peter is not a ceo. Imo. WOof.
Good to see Peter has raised 55K already. Looks like he's wants to get the full 130k in escrow before buying our shell. Looking a little more exciting around here.
In order for Peter to get us trading doesn't he have to raise a lot of money, how is that progressing?
It may trade, but whoever holds the old shares will be diluted to next to nothing. That you can count on. Imo. Woof.
So you are saying this won't trade again? Want to put some "money where your mouth is??? You continue to spout falsehoods and attacks about a company you know NOTHING about. Some people might think you a fool...
When real pigs fly. Got to admit this is pretty entertaining. I am sure that Peter is getting tons of people willing to give him money without giving up a huge amount of the company. His track record is so good. Also, he has such a novel idea that no one else is doing and if they are he is doing it so much better. I bet the share price flies next week. Oops, never mind. Lol. Glty. Woof.
Watching the pig(s) fly will be a thrill, do you have an estimate as to when that will happen?
How much of a margin can there possibly be?
I thought you knew??? You always seem to have all the answers, LOL. And as for this pig, she will be sprouting wings and flying soon. Come back and see us when "pigs" fly.
To be dilutive one must have earnings. This will never happen with this pig,period. Nothing more then a middle man now. How much of a margin can there possibly be?
Are you willing to give him money. I don't see any of the current shareholder base giving him money. If he does get money from anyone, they are going to want a big piece of the new company thus diluting the old shareholders. Imo. Woof.
He's going to need the money from the current shareholder base to get us on the OTCBB. After that, it's all speculation. Let's hope he can pull off buying a shell first and get us on the OTCBB. I still think Peter's idea is viable as witnessed by the cheap drugs. That's what keeps me thinking this can still work. Until then...I'm just standing by.
How is he going to do that and raise money. In this game, the only possible type of finacing is the type that cornell gives. I doubt if they would even touch this. Woof.
I highly doubt that. Peter has always kept a tight SS.
Also a fact is that whoever has shares here cannot sell. Woof.
How has the money been raised. That is the big question. How much of the company will be left for shareholders from before the stooping of trading the shares. Not much imo. Woof.
It is a FACT, not opinion. The website is up and running, FACT. Money has been raised, FACT. RXPC Inc is moving forward like it or not.
If you do get trading again, your current shares will be reversed split to pracically nothing. No other way he can do it. Imo. WOof.
Enough of the personal attacks. This board is an embarrassment. Seems like Peter has made great progress to not only get us trading again but to advance the business model. I'm standing by to see what happens in the near future here. Let's hope for all that we get trading again and then we can all do what we want.
You post the same crap over and over
talk about posting crap over and over, can you tell us again about your family saving money?
What are you talking about. People in this stock can't even trade it. Are you living in another world. Tell me how he is going to get anyone to put any money in this without giving up a substantial amount of the company. Won't happen. He won't get any anyways. His track record is he spent a ton of money on a website that didn't work, and now people that put a lot of money in this stock, including you and me, can't even sell their shares. Yeah you are right, great track record. Imo. Lol. Woof.
His track record is solid IMO. You mention "diluted into oblivion" but that has never happened under his leadership. You need to do some DD and get the FACTS. You post the same crap over and over but it is all based on JUST your opinion.
Also, how is he going to get money without toxic funding. That is the only possible way he can get it. Whether it comes from new investors or wherever, they will get a large share of the company from here forward, and existing shareholders will be heavily diluted. No other way he could do it. Especially with his performance track record as a ceo of this company. Imo. Woof.
So where is everyone's monies that currently hold shares. If he does get it going agin, those will be diluted into oblivion. Woof.
No, he said it wasn't marketed as a "grassroots" company when it clearly had. I know what the article said and how long it has been also, and RXPC Inc is still a start-up company. It takes money to make money. People complaining about Mr Fiorillo need to look at all the FACTS. He could have taken CD's to raise funds that would have been very toxic to all involved, like 90+% of these Pinks and killed it before it ever got out of the gate. He has been faced with how to grow this company responsibly. It takes money to make money. As I have said before, he is not some rich man with deep pockets, just a common man with a great idea trying to bring it to life. I can tell you, it is alive and growing, and with a little help from shareholders this could be what most here have been looking for. Did I already mention "It takes money to make money"? The question is where to get it in a responsible fashion and that is what has been pursued over the last several months.
Enjoy your long weekend.
I think you missed the overall message in the article, and simply grabbed on to the word grassroots.
The point Peter is making is that he and others are:
"devoted to the legalization of prescription drug importation to the United States "
But that was two and a half years ago, and so far the stockholders have yet to see any returns from Peter's devotion.
================================================================
"From Eveningsnews.com
Human Interest
Company CEO Holds Drawing for His Salary
By
Note The Dat e Sep 22, 2005, 22:22
(NUI) - RX Processing Corp.'s CEO Peter Fiorillo is serious about supporting the passage of the Dorgan-Snowe bill that is currently trying to make its way through Congress. He is so serious that he has implemented a campaign that allows citizens to enter into a lottery to win his first year's salary: 500,000 shares of company stock.
The shares have a market value of around $100,000. By doing this, Fiorillo hopes to draw attention to the grassroots efforts of not only RX Processing Corp. but countless others who are devoted to the legalization of prescription drug importation to the United States ."
RXPC was never advertised tome as a ‘grass roots’ company, so I shouldn’t be expected to respond as such.
That is where DD becomes very important. Maybe you missed this when you were doing your research??? Check the key word in BOLD.
From Eveningsnews.com
Human Interest
Company CEO Holds Drawing for His Salary
By
Note The Dat e Sep 22, 2005, 22:22
(NUI) - RX Processing Corp.'s CEO Peter Fiorillo is serious about supporting the passage of the Dorgan-Snowe bill that is currently trying to make its way through Congress. He is so serious that he has implemented a campaign that allows citizens to enter into a lottery to win his first year's salary: 500,000 shares of company stock.
The shares have a market value of around $100,000. By doing this, Fiorillo hopes to draw attention to the grassroots efforts of not only RX Processing Corp. but countless others who are devoted to the legalization of prescription drug importation to the United States .
I could give you more but won't waste more of my time. You are just here to flip shares and don't care about anything else, which is your business. But to want to argue, after you said you made money flipping this a couple of times, over $200 bucks is indeed laughable. My parents will save over $1k using this service this year and so will many others. That has much more value than some trader playing for lunch money, IMO.
I never said I invested in this company to support it, but I think it is wise to back your own company. Honestly, why wouldn't I mention this to others??? My family has used the service and saved money, the company made money on the transactions, looks like both sides won. We have 400+ shareholders, all with family and friends that could benefit from using RXPC Inc and I think it is in all of our best interests to look at all angles here.
I knew what this was when I invested in it, an unreporting one sided Pink. The idea of using mail order based in the USA as a way to supply prescription drugs to the roughly 50 million under and uninsured Americans is why I invested. I'm not the smartest guy in the world, but as I have said many times, we don't need a very big slice of that pie to be a very profitable company. Even 10,000 clients at a profit of just $10 per client would be $1.2 million a year.
the point that you seem to miss is that you don't invest in companies in order to support them. you invest in companies to make money. if you want to support this clown with your money, that's your business. don't, however, expect that others should do the same.
Sorry I missed you at Happy Hour. I don't have time to answer all your points as my second son graduates tomorrow and company is on the way. The one point you miss is about supporting a company you are invested in. Why own Microsoft if you buy Apple products and believe them to be superior? Why own Ford if you drive Toyota? Seems to me that if I think enough of a company to own a part of it, it only makes sense to support them with my business.
Hope you and everyone else has a great Memorial Holiday and may God Bless our veterans and those still serving!
It’s Friday :)
I don’t mind losing that money- it’s the nature of the beast. I put money into RXPC that I was willing to lose- I have lost a whole more and thankfully I have made a whole lot more than that. Still, $200 buys a few candy bars...
I really don’t understand your points. So I buy shares of Microsoft- should I also be expected to buy an Xbox and every update of Office? I buy shares of Ford- should I be expected to buy a new care every year? I buy shares of Johnson and Johnson- should I stock up on foot powder?
I shouldn’t have to do anything. This isn’t like buying into Amway, where I give a guy $200 and he gives me some audio tapes and a catalog and sends me on my way. Fiorillo is the alleged expert. I have no interest in being Fiorillo’s lackey. He’s the guy with the reported vision and the skills to make money in the pharmacy industry. Clearly that’s not the case. RXPC was never advertised tome as a ‘grass roots’ company, so I shouldn’t be expected to respond as such.
Now here’s my background- I bought back shares of the company as a chart play. I had flipped it a couple times in the past making some decent profits, but I completely lost confidence in the company after hearing Fiorillo stumble through the shareholder meeting, his lack of transparency and reading his vague, cryptic posts on ihub. It just reaked of incompetence. So I stayed away for a long time- near the end, the share price got so cheap I said, man this is way oversold, I’ll throw a couple bones at it and see what happens. 3 weeks later SLAM! Delisted for a year. Oops.
I blame myself as much as anybody for holding these shares long enough for Fiorillo to drop the a-bomb and delist. As you yourself have said- pinksheet stocks are very risky. I took on the risk and accept the consequences. My only problem is that we aren’t calling a spade a spade. He took my money through either greed or incompetence and has the gaul to say it was for my own good. I’d rather be robbed than hoodwinked. Just take my money and run. Don’t insult my intelligence by giving me some long incomprehensible story about why it was for my own good.
I don’t want to hang the guy- in fact, kudos to you Fiorillo for convincing people to invest in your company and for having the guts to ask for even more money after you failed at your initial attempt. That’s some huevros!
Finally, you come on here and boast how your family saved money buying through RXPC, and that’s fabulous, yet somehow my coming on here and saying Fiorillo has ripped me off is somehow okay and shame on me for bringing it up. What kind of business takes money from shareholders, holds them hostage- and then passes on ‘savings’ to customers? The answer: a bad one.
Let me tell you about a great organization- Kiva.org, an actual charitable organization that I give money to regularly. They do micro-lending ($500-$1000) to individuals in third world countries and the individuals are expected to pay it back in time, with a time frame that’s appropriate for the individual, about 2 to 3 years in most cases. Once the loan is repaid, the money is returned to me interest free. Every 3 months, I get a report from individuals telling me how much they have saved with respect to their loan, how their business is doing, etc. They’ll talk about how much they’ve made, how much money went towards supplies, what business is like, etc. Why can’t Peter do the same?
In any event, good luck to those staying in, good luck to Peter and anyone else with an interest in the company.
Sorry about the mistake. If you check RXPC website you will see Niacin 90 day supply for I believe $7.44. Wal-Mart wanted $67.50 per 30 day supply. You can call Wal-Mart, CVS, or whomever you want to check with. He received his order in about 18 days from time of purchase. My Mother and Father bought Warfarin which saved my Dad about $15 a month, my Mom got her Crestor for about $58 a month less, and saved about $20 a month on Diovan.
Which is it $67.50 or $215.00? Was it 90 day supply or a month's worth. If you are going to post a testimonial about the same mega savings event, on different days, you need a better memory!
Posted by you on 5/16/2008
"As I have posted, my brother-in-law paid $7.50 for a 90 day supply of Niacin and Wal-Mart wanted $67.50 for a 1 month supply."
Posted by you on 5/9/2008:
"BTW, the one order was for Niacin which RXPC Inc is able to sell for about $7.50(month) and Wal-Mart wanted $215(month)."
In these economic times, many companies have went under or are on the verge. RXPC was an unreporting company, not even a Pink. It's mission was sound but unfortunately the funding was not enough. Diluting the company to billions of shares and then R/S ing the shareholders to bring the SS back into a decent range was never an option. At this point RXPC Inc is a private entity. The CEO, Peter Fiorillo, feels an obligation to his shareholders and will continue to strive to bring value to them. No one knows the future, and while HOPE is never and investment strategy, that is what we have here. Best of luck to all RXPC shareholders in the tough times we face ahead.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |