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The whole otc is on fire, "no news" moves seem to be the thing right now. I was getting worried that this wasn't moving when my caveat emptor shell has a 6 banger. If news doesn't show for RXMD in the next couple of days you can bet this was just otc/ pink momentum. Of course the carrot is still out there but not much dry powder after all the previous carrots!
Wow, all these increased revenues and still no profit. :(
I believe that until he sells and moves to something else, Armen is and always will be CEO of this company. Who the puppet is that holds the title will have little significance in price movement unless he can get someone with celebrity like status. Bring in Mark Cuban or any Tesla exec to be CEO and you'll have an easy 100 bagger here!
Hard to give an accurate valuation when you have:
1. numbers like this:https://finance.yahoo.com/quote/RXMD/financials?p=RXMD
2. OTC
3. Controversial (that's the nicest word I could think of) owner.
4. Looming reverse split on an OTC
5. No profit-I thought someone saw some profit numbers somewhere but I couldn't find them.
With 470,000,000 shares outstanding and a multiple of 1 (again its hard to give a multiple for this type of company) times revenue, I would put the basic value at $.08...that would be without 1-5. Give them a multiple of 5 and its around $.40 So you can see why the market thinks $.03-.04 is the magic number. Any increases from there is purely momentum or gamestop thinking.
How many years until very soon? This has been getting interesting for over two years now...everything out there is running except our best stock on the OTC!
OMG...the next carrot! At least a date wasn't given. Any more excitement about this stock and they will have to make a "coyote of wall street" movie. Lately you could throw a dart at a stock board and hit a winner but RXMD doest seem to be on that board!
Still trying to blame all the selling on retail...SMH.
We all know (at least the seasoned OTC/pink players)what really happened. Geez;)
Sure looks like that last line says 51 preferred voted. I thought everyone was saying he couldn't vote on this.
I don't have robinhood but I heard you can't buy RXMD. Anyone know if this is true?
When, you've been saying that for years!
2 million volume and this flat lines. Pathetic!
This is pathetic, every ticker I have plus everyone I research are green today except RXMD. Even the scam lottery tickets are running but not good old RXMD.
And once again...RED. Someone doesn't believe in RXMD. The constant RED with such a positive outlook screams stinky pinky. The extended quiet period with the very very soon has destroyed any credibility that was built by the former CEO...I say CEO but she was really just a puppet for Armen.
Yes, 1-300 is looking more real as every day passes!
Which broker is allowing people to buy? Must be robinhood...all the respectable brokers have given many pinks a liquidate only order.
Are we seriously waiting until June for something to happen. The stock is like watching paint dry only storm blows in and screws up your paint
This is turning out to be a typical stinky pinky always waiting for pending news.
New reporting standards mean these lotto tickets are basically worthless. I sold today.
Laughing at your predictions:)
The carrot string gets cut tomorrow. Only thing after that is 5 months away!
Only a few more days until the next dangling carrot gets cut!
When your dealing with the OTC facts only come from filings not PRs
There's a difference between actual facts and cherry picked facts! I looked at a one month a 3 month and a year...all have a downward trend. If you are an OTC/pink newby with rose colored glasses don't look at the three-year chart.
I think you may be looking at a different companies chart.
It's getting closer to 1 for 300 every week. That means it's getting further from 1 for 20 every week!
There is nothing that states there wont be a 1 for 300 REVERSE SPLIT.
Probably be a quiet period until June!
1 to 300 is looking more like a reality lately.
I hope you are right...no one can find our current owner!
They have been in business since 93 and I remember this confusion coming up years ago when Garth was still around.
If you are an otc king you would know that this is a shell/lottery situation. No one is buying because of company business.
Not the same company.
That is not the same company.
I keep hearing that Bavi is a failure but I also remember reading that Bavi is being used in a trial with another drug. How is that possible?
It's like watching water boil when the stove is not on!
It's "confidential" ;)eom
Even though we all may disagree you have crossed a line please act like your name.
Didn't they also say super voting shares wouldn't vote?
Don't think so, today's PR just killed RXMDs credibility.