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I was long long and long in April. Look at all my posts.
I have every one of my emails saved with a long here that prove I am not you who all keep trying to say I am.
My number 317-903-8288. Call me if you want. I bet the guy you try to say I am doesn't have an Indianapolis area code.
Simply something to keep your eyes on if you want to protect your investment.
Waiting for my questions to be answered in a professional way showing proof.
Can we get a picture of the dispenser? Can we get a call in to the fire department to see if the build-out really is in progress? Can we confirm that there were no lies revolving around the acquisitions?
I have shown proof from my side. I believe it is time for the other side to show proof.
You are right, I apologized because after I spoke with Armen, I felt like I read the PR wrong. However, once they sent out the latest PR to shareholders, it intrigued me further and I knew I didn't read it wrong. I went back and read the sticky based on the conferences and BOOM, I found what I was looking for. In plain sight, I found PROOF that I was right in the first place. So now I should take the apology back. I read it properly in the first place.
The point is they have stated clearly that the acquisitions had NOTHING to do with licenses. I was even told over the phone that the acquisitions had nothing to do with licenses. Armen went as far as saying the acq targets didn't even have all licenses.
That right there is a lie. That is more than sugar coating.
They were once for small ma&pop shops. Now they were for home health care businesses.
Why would the claim now that they have nothing to do with licenses.
Armen said that all 3 were off the table due to home health care positions.
It is a weird lie. They would have been much better off just being straight up about it. They have taken bad news and somehow swung it as them being smart and a step ahead. As an investor, that makes me scratch my head and start to show concern.
The biggest thing now that will prove positive or negative going forward is the build-out permit. They have had the robot since January. Almost 6 months has gone by and they still do not have the permit. I know it takes awhile to obtain permits, so why would they buy a robot so far in advance to obtaining the permit? That typically wouldn't be that bad of a sign, but with this new license/acquisition lie, it makes you scratch your head.
Wouldn't you want to have the permit basically ready to go before you made a huge purchase for a piece of machinery that will/could take your business to the next level? There ARE times in the past where permits such as this do not get approved. The fire department can be fairly fickle about things like this.
Armen has been stating that the permit would get approved any day now for the past couple months. Is he beginning to set up his escape? That is the question I would like to answer for myself. He has a record from the past. I would like to think that that is not a big deal and people change, but sometimes they don't. He has a ton of influence over this company and the CEO who has a degree from University of Pheonix. People/investors should be keeping their eye on him. It would be wise to at least be on the lookout because there is serious money/aspirations on the line with RXMD.
If you look at the financials, there ARE a couple weird things, nothing major, but there are a couple things that are head-scratching. Everyone should just be smart and keep their eyes open. Your money and future is on the line here, just like everyone else.
No.
Do your own research. If you are a smart investor (not you, but everyone in general), I feel like you would want to be aware of possible lies coming from a company that has never seemed to lie before.
So during the conferences, look at two of the most popular longs' write up, Shital and Armen stated that they had 3 acquisition targets, 2 in final stages.
3 total acquisition targets
2 of these in final term negotiations (price agreed on)
Straight from a current long's write up: (Excerpt)
All basically hinges on this robot that may or may not exist.
Except from the conferences: By the way, this is from the sticky...I could post the whole thing if you do not believe me.
Do not need recording!
READ THE PR TO SHAREHOLDERS.
HERE YOU GO:
I actually respect some of the people on here posting. No agenda.
Read the PR and read the conference follow-up.
I already called Armen people. I asked him in 3 separate distinct ways to clarify whether or not the acquisitions had something to do with licenses. He was emphatic about it, which kind of got me wondering in the first place.
I don't have to call and prove it more. They sent out a shareholder PR. They have a documented 1-on-1 with one of the investors here.
It is in plain sight.
Is it not odd that they pushed out a shareholder PR due to this lie trying to cover it up?
Think about it....
For everyone here that I respect, I will not do a big lump sell to hurt the price, but I will be progressively selling off my shares until they are gone.
Up for grabs everyone. It's been something else watching this thing move but I don't stand with liars.....PERIOD.
Only because I have been accused of it before. I am not here to hide anything.
I have talked to them and they EMPHATICALLY denied that the acquisitions had ANYTHING to do with licenses.
Why are they all of the sudden calling the acquisitions part of HOME HEALTH CARE?
Seriously, I took his word for it when I first talked to him but I knew for a fact I read something from the conferences that stated otherwise and I found it, unfortunately.
Pretty sure this is a board where you can bring up information about RXMD.
Wouldn't investors like to know that the company has been caught in a lie?
Oh well, it has happened before. Read that and tell me it is not a major concern though, seriously.
I honestly might have to give up on this one now that I have been lied to my face over the phone from the man himself. Not a good feeling.
Found something disturbing regarding the last PR detailing the acquisition targets that we let go.
I knew I was right about it. During the conferences, Shital and Armen stated that the businesses that they were looking at were not huge players. Their own words, "WHAT THEY HAVE IS THE LICENSES. WE ARE LOOKING TO DO A COMPLETE BUY-OUT, WHICH WOULD TRANSFER THE LICENSES TO US."
When I called Armen, he said that the acquisitions HAD NOTHING TO DO WITH LICENSES!
THE PR FLIP FLOPPED AND CALLED THEM HOME HEALTH CARE!
Here is proof taken explicitly from the 1-on-1 interviews that our posters here provided:
Where you seeing that at?
agree
You are right, but I think we are still sitting pretty good here. The tide will turn once again in our favor.
There really is no reason why we are sitting this low. 5 should be our spot right now. But it will happen, and beyond!
RXMD
Guess you just have to roll with it.
Where are all the hooligans at today? Taking a breather after last week?
Figured we would have more action today.
RXMD
.....back with less shares...... LOL
RXMD
Which doesn't make sense. Longs should not want other longs to sell. No logic in that.
We are sitting good here. Seems like there are a few people that may have jumped off the fence pre-maturely and missed the boat to hop back on. That is why everyone should do their own research before ordering a buy or sell.
What you are saying is not entirely incorrect, but I would mention that permits do not always get settled. There are plenty of people on the sidelines, especially now after the conferences, that will want to see this go through. I would suggest that the 5 months that it has taken has made some people weary of it being accomplished at all. Once it is finalized, that is another great sign that RXMD is doing the right things.
All we need is a small, unexpected piece of good news.
Will not take much of anything. Believe a finalized build-out permit would do the trick.
the permit alone would get it in that range possibly
Everyone knows what the robot and build-out completion will do for the company. If you wait to buy at build-out completion, the PPS will already have reflected that and you would be too late.
Which Armen said that the building owner is working with the Fire Dep to finalize the permit. Not a matter of IF, only a MATTER OF WHEN.
Probably hinging on the whole robot deal.
Should see a run to the 6s/7s here within the next month.
Why are people banned/how do they get banned?
I have said things that I thought surely would get myself banned and they haven't.
Others get banned and I never really saw anything to warrant it.
Where's everyone at?
Should be a good day here today. Everything has settled and is back in order.
You sell and miss getting back in? Whoops!
I never sold and I agree.
Sorry to anyone who sold. That was not my intentions. RXMD is here to stay you should have known that.
If you did sell, get better at investing! This is a LONG HAUL!
Just want to genuinely apologize if I caused any heartache the past few days.
We are looking good here and hopefully we can get back on track (which we already have).
Hope everyone has a good weekend.
RXMD
Great action today, back to normal....cmon
rxmd!
Long term hold. Great convo with management.
Gravy please!
Very nice response. Couldn't say it better.