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RXMD=OTC, OTC=SCAM, so RXMD=SCAM..Pure Logic!
RXMD 1% PITY PARTY? WHAT A PITY..
RXMD GETS A 2% PITY PARTY.. BWAHAHAA!
RXMD PUMPED & DUMPED YOU..Ho!Ho!Ho!
MORE TURD DROPPINGS AHEAD..Ho!Ho!Ho!
NEW DOWNTREND LOW HIT TODAY AT $0.0751..
RXMD on its way back down to PennyLand, No-Brainer!
BWAHAJAHAAA! Dollar Dump at Close.. S should run at 90% or $5.85 until deal is done. Bunch of Baggies here? BWAHAHAJAAHAAA!
RXMD PennyStock Going back to a Penny..
Armen ran the stock up to Dump 20M shares..
5TH WAVE DOWN BELOW A PENNY
From the March 2016 high RXMD is about to accelerate in a 3rd of its 5th wave down to NEW LOWS. Then a lower 5th wave before any relief. These coming weeks should be treacherous for Long positions!
http://stockcharts.com/h-sc/ui?s=RXMD&p=D&yr=2&mn=0&dy=0&id=p76444703842
FORM T SELL OF 371,185 SHS..
SALE TOOK PLACE AFTER HOURS AT 16:14:49
Form T Definition:
"The form required by the NASD to report equity transactions after the market's regular hours."
http://www.nasdaq.com/investing/glossary/f/form-t
https://ih.advfn.com/stock-market/USOTC/progressive-care-inc-qb-RXMD/trades
NOV P&L WILL CAUSE SUB-PENNY PPS
LATEST PUMP & DUMP = FEEBLE ATTEMPT TO REMAIN IN UP-GRADED PENNYLAND. BUT THEIR LOSING TO COMPETITION WILL RE-VISIT THE REALITY THAT RXMD ISN'T WORTH ANYMORE THAN $0.005
DON'T BE FOOLED..
SELL VOLUME...1,170,933
BUY VOLUME........299,221
https://ih.advfn.com/stock-market/USOTC/progressive-care-inc-qb-RXMD/trades
ANY QUESTIONS?
(12/11/2017 Post)
NICE LITTLE PUMP & DUMP..
That was your last chance to escape with your losses, now its back to the long winding road DOWN again. Anyone who didn't exit at the pop will become a victim of the coming reverse stock split.
NICE LITTLE PUMP & DUMP..
That was your last chance to escape with your losses, now its back to the long winding road DOWN again. Anyone who didn't exit at the pop will become a victim of the coming reverse stock split.
RXMD STILL CIRCLING THE DRAIN..
http://stockcharts.com/h-sc/ui?s=RXMD&p=W&yr=2&mn=0&dy=0&id=p92070641938
HEAVY VOLUME ON THE DOWNSIDE..
This leg DOWN goes below a penny!
CHART IS A DISASTER..
Another low after another lower high. RXMD can't hold 2 cents or even a penny and a half! Look for sub-penny on this DECLINE!
http://stockcharts.com/h-sc/ui?s=RXMD&p=W&yr=2&mn=0&dy=0&id=p74394211995
Chicago Ventures Values RXMD at $0.009/Shr..
But only because the $30,000 represents Interest on the loan, the $100,000 being paid in cash is the Loan Principal being paid back. How much did you pay for the stock while CV pays $0.009?
Looks like CV will be selling their 3,313,819 shares and getting about 15X the $30,000 interest, or $450,000 in interest on the $100,000..Nice Gig!
No you didn't just buy 100K..
There was only 46,428 bot at 0.013 for around $600 bucks. Sell volume was 10X the Buy volume today.
https://ih.advfn.com/stock-market/USOTC/progressive-care-inc-pc-RXMD/trades
3 52-Wk Lows in 3 Months, Trend is Clear!
Hurricane Irma set for Direct Hit on Progressive in North Miami Beach per most recent 1PM forecast..
RXMD Book Value = $0.0009/Share
$336,017 Equity / 345,045,107 OS Shares = BV $0.0009/Shr
This is what RXMD is worth (ie: Equity), the rest of the Assets are owned by RXMD creditors (ie: Liabilities)
So much for the .013 - .015 bottom..
Frog soup anyone? Ribit..
RXMD Goes Below a Penney on this Downleg
This opens up heavy dilution from Chicago Ventures debt conversion..
Frogs boiling after 75% slow crash..Ribit?
Chicago Ventures PS won't stop shorting RXMD until its below $3M Mkt Cap so their note will convert into more shares. For those thinking $0.014 is a good price, you should wait until pps is $0.008 because that is where CV is taking this! I would expect a double bottom to form around $0.005 which is where I will cover my nickel shorts.
$0.0122 is the 3rd 52-Wk Low in a Month. Seems to happen with every new PR firm, glad I stayed Short. RXMD is now down 77% from its high.
As long as Toxic Creditors, Consultants, Directors and Employees keep getting paid in shares of stock RXMD will continue down the typical OTC path of pps destruction in the form of increased authorized shares and reverse splits. The OTC is not a place to invest, its a casino where the odds are stacked against the players and evidenced by its many bag holders waiting for the pump to exit unscathed that never materializes.
Med Marijuana Could Cost Big Pharma $4B/year
Once the federal government finally allows medical marijuana to become a legitimate part of the healthcare industry, Big Pharma could suffer the loss of billions of dollars, a new report finds.
It seems the pharmaceutical trade has more than enough reasons to fear the legalization of marijuana, as an analysis conducted by the folks at New Frontier Data predicts the legal use of cannabis products for ailments ranging from chronic pain to seizures could cost marketers of modern medicine somewhere around $4 billion per year..
REST OF ARTICLE -
http://www.salon.com/2017/05/27/medical-marijuana-could-cost-big-pharma-4-billion-a-year_partner/
[My one post per day]
As posted 2 weeks ago, New Downtrend Begins due to CV Dilution around their annual dump date in July-2017 for the $280,000 + Accrued Interest. This dilution is far from over!
There will also be Dilution with Directors, as they will be paid in shares. RXMD will not only re-visit the $0.005 pps level, they will be forced to Reverse Split in order to up-list.
[My 1 post for the day]
RXMD Prognosis..
http://blog.sscsinc.com/wp-content/uploads/2013/05/tombstone2.jpg
[Limited to 1 post a day..]
Chicago Ventures Dilution..
On July 22, 2017 there will be a dilution for stock conversion of the $280,000 o/s convertible note to CV plus 10.9% accrued interest. This is the one year conversion anniversary, so at the lower of market or a nickel that is roughly equal to the issuance of 18.2M shares at the current stock price.
Some have the incorrect assumption that RXMD's market cap must be below $3M in order for the conversion to occur at market, however this is used only for the recording of the derivative liability on the balance sheet. Read the bottom of page 19 of the March 2017 10-Q and it clearly states the conversion is the lesser of market pps or a nickel.
July 22nd settles at the Friday close!
CV Dilution Date is July 22, 2017..
Page 20 of the RXMD Q1-2017 10-Q indicates the company took down $280,000 from Chicago Ventures on July 25, 2016, which is convertible for stock in 3 days on July 22, 2017.
This note converts into shares of common stock at the lesser of Market Price or $0.05 on July 22, 2017.
Conversion at the current share price will dilute equity with an additional 16,000,000 shares.
A Mere $2300 traded today in RXMD..
Price below 200MA since Nov-2116 and below 50MA since Jun-2017. Stoch topping pattern since Jun-2017, RSI below 50 since May-2017, ADX sell signal since May-2017, Chaikin MF declining since Jan-2017, MFI declining since Mar-2016, Dead man cross of MAs occurred Sep-2016 and Price declined 65% since Feb-2016..
A New Downtrend Begins for RXMD to $0.0045
RXMD is afraid of the main-stream competition getting into Rx compounding, like Walgreens and Rite-Aid. Expect a continuous decline in revenues and profits as a result. RXMD can no longer charge premium prices for this service.
RXMD CHART..
http://stockcharts.com/h-sc/ui?s=RXMD&p=D&yr=1&mn=0&dy=0&id=p32734292600
Its a Big-Time Loser for Longs!
1-YEAR CHART DOWNTREND..
http://stockcharts.com/h-sc/ui?s=RXMD&p=D&yr=1&mn=0&dy=0&id=p49111617660
INDICATORS POINT TO CONTINUED DOWNTREND WITH LOWER PPS..
Totally agree with your Analysis!