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I believe your right Dewn...
Looks like we'll close at hod... again...
Interest in ONCI is VERY HIGH and some people or MMs are dying to grab cheap shares...
Yes, there's been an extended quiet period for BVTK...
But the other hint is there have been consistently large buys in the 8's 9's and 10's... That bodes well for something good comming...
8's and 9's and then some were here before...
And not that long ago...
It's like a baseball game...
There on deck and we'll just have to wait for them to batter up...
Be assured they are coming...
Stay positive my friend and things will work out much betta...
Yep...
Valuation Reminder
This was discussed back in April when Walmart was looking to buy Pillpack, but I thought it was worth revisiting. Below is a very simple way of putting a valuation on Progressive Care based on the numbers we have from Pillpack:
We know Pillpack's 2016 valuation was $330M. We also know they had $100M revenue in 2017. Assuming a 10-20% growth rate, we can guess their 2016 revenue was between $83-91M. That put their company value at 3.6-4.0x revenue.
Translating to RXMD:
2017 revenue was 20M
Same value/rev ratio puts RXMD's (2017, 1-store) worth at $72-80M
We now have multiple locations and higher revenues
Current valuation/PPS is depressed by at least a factor of 3-4x
Has anyone suggested this to Mars..?
I like the share buy back idea. 5% of their earnings each quarter to the share buy back program. That will get this over 1$ easily by building shareholder confidence...
Awesome...
$2.1 million increase in revenue from last quarter!! Impressive...
Just a few of the reasons RXMD will hit new highs...
Conversation with Armen
1. September revenue PR will come out as usual, around the 15th.
2. The Palm Beach pharmacy is doing great. The company's focus on that location right now is to make sure all their employees are well trained to fully understand PharmCo's business practices and work procedures, and to stay on the same page with everyone else of the company.
3. They are very actively working on a 3rd pharmacy acquisition opportunity. Armen would not disclose any information regarding location or time frame. His reply to my question #7 below actually hinted they might be able to close this deal by March. I also asked him if they will consider merger opportunity if there's a right target, and he said yes. He explained their goal is to keep growing the company through M&A so they can get uplisted to the NASDAQ ASAP.
4. I asked if they will use Chicago Ventures for any future funding need. He said very firmly it will be a "No" if CV doesn't change their current terms. He said they have established good relationship with CV and CV also liked the company’s transparency and fast business growth. But they don’t have any need for CV under current terms at all.
5. Benchmark is currently working very closely with them to provide capital for the company’s business growth. Progressive Care hired them as the company’s investment banker. He said it was Benchmark that first approached them because Benchmark saw great potential in the company and they were very interested in working with Progressive Care to get the company uplisted to NASDAQ. Armen said once all acquisitions are in place and when the company is ready for the NASDAQ, Benchmark will definitely start promoting Progressive Care through their National TV network.
6. I asked him what’s the current status on their CBD project and if they have found any business partners. He immediately replied very seriously and said “I can’t talk about it”. LOL. That’s just his way. I have seen him reply like this whenever some deal was gonna happen very soon or when some major progress has been made. He would always suddenly change his tone and act very sternly. So I changed my question and asked if they are still actively working on this project, he then said yes. I asked if any state or federal regulations are holding them back, and he said in order to protect shareholders value, they have to be very picky on their potential partners and their sources for the CBD materials. PharmCo does not want to be only a seller for such products, but instead wants to be able to establish a brand name for CBD products. That’s why they have to scrutinize every aspect of this project. He spent a long time ambitiously explaining their efforts on this project. Armen also confirmed they have made working progress on CBD products.
7. When asked if they are still on track to get fully SEC compliant by March, 2019, Armen said “it depends on when they will complete the next acquisition”. If it happened before March, then the new pharmacy will have to be audited as part of the whole company so they can file with SEC as a single company. This tells me their 3rd location is in the final stage of negotiations and probably will be acquired by March. Just my own opinion. Otherwise, he said the company will definitely become fully compliant by March.
8. I asked what’s their time frame for uplisting to the NASDAQ. He said their next immediate top priority after SEC filing is to get listed on the NASQAQ!
10's today... 11's tomorrow... and so on and on...
Carry on..
Yeppers...
Turnaround and cashflow positive
Net income $45M in Q2
2 hospital acquisitions...
Yep...
So many potential news releases waiting in the wings...
Time to roll 7's+ up...
Mars
So right now we've been working with some CBD manufacturers, we do hold a line of CBD products on our shelves and we are working with our community organizations, we're working with 340B organizations, our healthcare practitioners to raise awareness about what CBD is because there's a lot of misconceptions. You'll see a lot more writing from me about CBD and what it is and what the difference is as it compares to marijuana. For many of us that don't know CBD is derived from hemp and the difference between CBD and marijuana is marijuana can be 30% THC, which is that psychoactive compound that produces that high like effect whereas hemp or cannabis - CBD derive from hemp or cannabis is only 0.3% THC. So there is no possible way for CBD to produce a high like effect. However CBD does have a therapeutic property that does reduce inflammation, it does calm nerve endings and so it is - we have seen that it's beneficial for our patients and we are marketing as such. That the rub is for us is that CBD has kind of a murky legal status and that is because not all CBD is derived from hemp, some of it is derived straight from marijuana and so some states, some localities, municipalities they all treat CBD differently. Some say it’s illegal, some say legal, you can look it up a dozen times and find different answers. Is CBD legal right now and some say, yes and some say, no. Now, there is a bill in Congress, the Senate just approved a bill to legalize CBD where you can grow it and you can - any CBD were doesn't have the psychoactive compound and produce a high like effect is approved.
Yep...
8's up at release of finacials...
Could be today... tomorrow...
1. September 2018 revenues will be reported.
Predicting about a 60% increase in scripts and a 15% increase in net revenues over September 2017.
2. 3rd Quarter Conference Call November 13th.
You might expect more paint jobs to 10's and 12's this coming week...
Enjoy the ride upwards...
Right you are Les...
4to: An honest analysis of the tape and one would rationally have expected the day to close at .0009 given the fact that 65% of the days trades were at the ASK and 53% of those were at .0009 AND 3 out of the 4 largest trades of today were at .0009 AND the four, single largest trades of today were all at the ASK.
DUH.
"Paint job"...More like the MM's split somebody's single large buy order (NOT AON) and that was the last 1000 shares to fill the ticket.
What's so hard to understand about that?
The MM's were just doing their job and made the market and reflected the close to match the trend of the day and past two full weeks...
that being, UP. smile
Have a beautiful weekend my friend...
Next week gonna be a goodie...
My guess is we'll be seeing 8's or 9's...
Thanks so much for the News Updates there Jimmy...
Yep... holding 9's...
Next week... 10's >>>> 12's...
It's a possibility...
Have a great weekend BVTK friends...
Anticipate some gala News coming next week Joe..?
Yea, buying more is right--plucked another million. Like I have always said $BVTK $DPLS are like "AM PM----too much good stuff..." BLESSED BEYOND BELIEF $BVTK $DPLS
Next week gonna be a goodie...
My guess is we'll be seeing 8's or 9's...
Thanks so much for the News Updates there Jimmy...
Thanks Fekets...
Looking for the Cannabis venture to pan out soon...
Will be back to 7+ by eod...
Next week after financials are released we'll be in the 8's and 9's...
Be climbing back towards 26 by eoy...
Thanks so much...
Has Kurt mentioned anything more to you about our Cannabis acquisition..?
Canada is legalizing cannabis.
Right now the cannabis sector is hot and going to get hotter.
Rumor is that Trump is considering lifting the federal ban on medicinal MJ and will leave it up to the states to legalize its recreational use.
I want Kurt to consider a cannabis acquisition! Ground floor in this industry! Amazing money to be made here.
$ $MMEG$$$
What's happening on the 17th Fekets..?
Is Kurt responding to your messages..?
We have no where to go so I'm sending Kurt subliminal messages....."think cannabis"!! The industry is at the ground floor with Canada leading the way for others to follow on the 17th. Plenty of time Kurt!
"Shares For Free"..? Nonsense...
As usual, your pronouncements carry no substance...
7's this week... 8's next week...
About a penny increase in pps per week unless major news update...
Don't get left behind friends...
ONCI ready for the 20's now...
ONCI: NEW TWEET THIS MORNING: I am pleased to announce that board member Richard Lefkowitz has agreed to join the On4 team as Sr VP Sales. Richards has already opened many doors and we are lucky to have him. He will be focusing mostly on our new digital campaign including all aspects of our new web campaign.
MOVING UP NOW:
GO ONCI
Right you are Jimmy...
Making Investing Easy
$RXMD REAL COMPANY - WHY THE SIGNIFICANT GROWTH WILL CONTINUE!
OTCQB, 2 YEARS AUDITED FINANCIALS, Over 20 MILLION REVS...
What's happening for RXMD..?
1. September 2018 revenues will be reported.
Predicting about a 60% increase in scripts and a 15% increase in net revenues over September 2017.
2. 3rd Quarter Conference Call November 13th.
Makes sense my friend...
Like I said... 7's locked this week...
Next week we lock 8's for RXMD...
Have a most excellent weekend...
Benchmark paid off yes..?
Agreed my friend...
This would push RXMD to 12's and beyond...
Is there a way to suggest this to Mars..?
A good way to increase the PPS would be if they dedicated a portion of their earnings to a share buy back program, even if it was a small number like 5%, that would gain investor confidence big time.
Right you are Bullish...
I perceive 7's locked in this week...
8's locked in next week...
And 9's to 12's by eom...
Follow...
I like where things are going, nice gradual rise. Someone with a large amount of capital is scoring all these 7 sellers. Float is so tight, that's what it takes to get a solid position at this point. Soon they will be all out and we will move up to 8 , 9, 10 with just a few trades...
Yep...
Back to 75...
Won't be surprised to see 8's by tomorrow...
Carry on...
So true Bullish...
The flippers finally flip out...
Won't be long now...
I don't know about you guys, but this is quite hilarious to me anyone selling their shares at these levels. The people selling now will be the same people buying at 50 cents. Never fails...
What..? Doesn't move north..?
Higher highs... Higher lows...
RXMD will leave the naysayers behind in the dust soon enough...
Yah sure les...
That's why BVTK is up some 100% in two weeks because everything is so very very terrible...
Holding 10... shooting for 11's and 12's this week...
Carry on...
Me thinks 25% up starts to explain things beautifully...
Can we go up from here..?
It's a possibility...
Yep Jimmy...
1/23 = $0.019
10/9 = $.072
10/16= $.082
10/23= $.092
EOY= $.20 - .26
Yep...
Believe you might've found the trigger for the coming pps ascension here...
Those that bought in at 5 couple weeks ago just doubled their money...
Carry on...
Super 8k coming according to E and E Communications...
911 trade confirms...
Yep...
Could be this week...
Gonna trade in the 20's when it comes out...
ONCI Q4 financials will be stellar..!!!
All excellent News for RXMD...
We have alot to look forward too...
RXMD GOLD...
Thank you stockforce...
Conversation with Armen
1. September revenue PR will come out as usual, around the 15th.
2. The Palm Beach pharmacy is doing great. The company's focus on that location right now is to make sure all their employees are well trained to fully understand PharmCo's business practices and work procedures, and to stay on the same page with everyone else of the company.
3. They are very actively working on a 3rd pharmacy acquisition opportunity. Armen would not disclose any information regarding location or time frame. His reply to my question #7 below actually hinted they might be able to close this deal by March. I also asked him if they will consider merger opportunity if there's a right target, and he said yes. He explained their goal is to keep growing the company through M&A so they can get uplisted to the NASDAQ asap.
4. I asked if they will use Chicago Ventures for any future funding need. He said very firmly it will be a "No" if CV doesn't change their current terms. He said they have established good relationship with CV and CV also liked the company’s transparency and fast business growth. But they don’t have any need for CV under current terms at all.
5. Benchmark is currently working very closely with them to provide capital for the company’s business growth. Progressive Care hired them as the company’s investment banker. He said it was Benchmark that first approached them because Benchmark saw great potential in the company and they were very interested in working with Progressive Care to get the company uplisted to the NASDAQ. Armen said once all acquisitions are in place and when the company is ready for the NASDAQ, Benchmark will definitely start promoting Progressive Care through their National TV network.
6. I asked him what’s the current status on their CBD project and if they have found any business partners. He immediately replied very seriously and said “I can’t talk about it”. LOL. That’s just his way. I have seen him reply like this whenever some deal was gonna happen very soon or when some major progress has been made. He would always suddenly change his tone and act very sternly. So I changed my question and asked if they are still actively working on this project, he then said yes. I asked if any state or federal regulations are holding them back, and he said in order to protect shareholders value, they have to be very picky on their potential partners and their sources for the CBD materials. PharmCo does not want to be only a seller for such products, but instead wants to be able to establish a brand name for CBD products. That’s why they have to scrutinize every aspect of this project. He spent a long time ambitiously explaining their efforts on this project. Armen also confirmed they have made working progress on CBD products.
7. When asked if they are still on track to get fully SEC compliant by March, 2019, Armen said “it depends on when they will complete the next acquisition”. If it happened before March, then the new pharmacy will have to be audited as part of the whole company so they can file with SEC as a single company. This tells me their 3rd location is in the final stage of negotiations and probably will be acquired by March. Just my own opinion. Otherwise, he said the company will definitely become fully compliant by March.
8. I asked what’s their time frame for uplisting to the NASDAQ. He said their next immediate top priority after SEC filing is to get listed on the NASQAQ!
Right Golden...
Up to 10 right on schedule...
Can we get to 11's and 12's..?
It's a possibility...
Friday, 10/05/18 04:05:01 PM
Yeppers...
Holding 8's for another week...
Could it hit 9's or 10's next week..?
It's a possibility...
Yep... Makes good sense Bullish...
Remember friends... slapping the Ask at eod day stair stepping RXMD till the next News flash comes... Could surprise us this week...
7>>>>>>>>>>9>>>>>>>>>>>12>>>>>>>>>>26
Yep...
Let’s hope Corporate busts out the jackhammer soon...
Could it be this week..?
We shall see...
Momentous!!!