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I am in the same boat as you.
RXMD Only a penny 10q Out 3,116,028 in revenue
Increase in sales by over 17%
100m O/S
52% Increase In cash
Over 21% Reduction in long term liabilties Decreased Debt Reduction
Possible uplisting in the future
http://www.otcmarkets.com/financialReportViewer?symbol=RXMD&id=138897
RXMD Only a penny 10q Out 3,116,028 in revenue
Increase in sales by over 17%
100m O/S
52% Increase In cash
Over 21% Reduction in long term liabilties Decreased Debt Reduction
Possible uplisting in the future
http://www.otcmarkets.com/financialReportViewer?symbol=RXMD&id=138897
RXMD Strong reversal in effect Only a penny 10q Out 3,116,028 in revenue
Increase in sales by over 17%
100m O/S
52% Increase In cash
Over 21% Reduction in long term liabilties Decreased Debt Reduction
Possible uplisting in the future
http://www.otcmarkets.com/financialReportViewer?symbol=RXMD&id=138897
RXMD Only a penny 10q Out 3,116,028 in revenue
Increase in sales by over 17%
100m O/S
52% Increase In cash
Over 21% Reduction in long term liabilties Decreased Debt Reduction
Possible uplisting in the future
http://www.otcmarkets.com/financialReportViewer?symbol=RXMD&id=138897
RXMD 10q Out 3.1mil revs
Increase in sales by over 17%
100m O/S
52% Increase In cash
Over 21% Reduction in long term liabilties Decreased Debt Reduction
Possible uplisting in the future
http://www.otcmarkets.com/financialReportViewer?symbol=RXMD&id=138897
RXMD 10q Out 3.1mil revs
Increase in sales by over 17%
100m O/S
52% Increase In cash
Over 21% Reduction in long term liabilties Decreased Debt Reduction
Possible uplisting in the future
http://www.otcmarkets.com/financialReportViewer?symbol=RXMD&id=138897
RXMD 10q Out 3.1mil revs
Increase in sales by over 17%
100m O/S
52% Increase In cash
Over 21% Reduction in long term liabilties Decreased Debt Reduction
Possible uplisting in the future
http://www.otcmarkets.com/financialReportViewer?symbol=RXMD&id=138897
Increase in sales by over 17%
100m O/S
52% Increase In cash
Over 21% Reduction in long term liabilties Decreased Debt Reduction
Possible uplisting in the future
Looks great GLTA $$RXMD a dime and up here we come
www.otcmarkets.com/financialReportViewer?symbol=RXMD&id=138897
Calling tomorrow as way up Wednesday (: be ready
We were set up fine to have a great close, just no volume came in. Oh well financials tomorrow GLTA
Great time to get in right now for any prospective investors, when the 10q comes out tomorrow before market open there will be nothing on the ask available.
GLTA
L2 looks great now they just had to bring it down in order to get the giant block of shares sold off, now that the road block is clear we will close strong. $$RXMD
I'm referencing the bid you had earlier.
I'll bet his large 28,000 share bid he sells out first hour tomorrow.
Market Maker's are playing games trying to get people off of the ask to spike it up.. Just waiting for a few people to move out of the way and it'll go back up huge.
$$RXMD
Looking to see a .02-.025 close today
$$RXMD
Almost a million on the bid. Just slightly covered up.
After looking at a couple things on the L2 IMHO I think the 600,000 share block isn't a private seller. Guess we'll find out shortly.
Edit: Called it.
Just an MM bid
It's only up 9% right now so nothing to crazy to attract people who RXMD have went unnoticed to although if we can get to .02 in the next hour or so we should a lot of end of the day buys come in.
Either that or it's the person who held a million shares now down to 600k just slowly exiting on his way up except very prematurely.
Been waiting to see when you would jump on here...
We are indeed up on a tuesday, then tomorrow is way up wednesday
Gotcha I noticed there was still a bid at .017 so I wasn't sure if that was still you or not my bad! Good stuff though!
I mean that's why I haven't removed any of the post, contributes to us being on breakout boards haha
Slap the ask, I know you don't have much shares to really take a block out or anything but with the others on a higher bid at a early time it is unlikely you'll get filled atleast in this case you can bring us up a decent amount and help bring some momentum...
Boom we look great.
All that's left now at .0175 is Nite with 10,000 shares couple 10,000 hits he should move back
Edit: ask is at .02 now someone slap it to set the bar.
$$RXMD
.0174 Taken out Buy <100,000 Share's now to take out .0175's
$$RXMD
I don't find it Ironic as I have not yet been condescending towards you. Oh well we're going up
New bid not to long ago for .016 which most likely after it isn't filled will just convert into an ask slap sooner or later prior to close.
Progressive Care Inc (OTCMKTS:RXMD) is making an explosive move up on accelerating volume after reversing off $0.005 lows.
The stock recently made a big move up off its $0.0016 52 week lows to a high of $0.08 before steady declines to current levels.
Progressive Care Inc (OTCMKTS:RXMD) operates through its subsidiary PharmCo, LLC as a brick and mortar South Florida provider of prescription pharmaceuticals. The Company specializes in health practice risk management, the sale of anti-retroviral medications and related medication therapy management, the sale and rental of durable medical equipment (“DME”) and the supply of prescription medications to long term care facilities.
In April RXMD released its annual report today recording over $11 million in sales revenue for fiscal year 2014. Progressive Care reported a net revenue increase of 20.74% for the year ended December 31, 2014 as compared to year ended December 31, 2013, from approximately 9.33 million to approximately $11.27 million.
Prescription counts for the year were over 140,000, a 33% increase over 2013 totals (approx. 105,000) and record for the company. Pharmacy revenues represented approximately 98% of total revenues for the year ended December 31, 2014 and 91% of total revenues for the year ended December 31, 2013. DME revenues represented 2% of total revenues in 2014 and 9% in 2013. Despite the loss in DME revenue, the Company’s sales continued to rise throughout the year due to strong marketing efforts, a switch to 90-day supplies of medications, and a new focus on compounding medications.
Net loss from continuing operations before income taxes decreased 30% for the year ended December 31, 2014 as compared to the year ended December 31, 2013, from approximately $.61 million to approximately $0.43 million.
“Last year was a successful year for the company and we accomplished many of our goals. We were able to adapt and retool quickly in response to changes in our industry and we began the process of eliminated debt and strengthening our balance sheet. We will continue to improve and believe that 2015 will be another remarkable year for the Progressive Care and our shareholders,” stated Shital Parikh Mars, COO.
The Elephant in the room on RXMD had been their inability to get their filings completed which resulted the stock going from fully reporting OTCBB to Pink Sheets with the yield designation from OTCMarkets. This along with debt holders converting their paper resulted in a seriously depressed stock price.
RXMD said in a letter to shareholders on December 29 ”In September, we took a great leap forward in this regard by filing our unaudited year-end financial statements for 2012 and 2013 through OTCMarkets. These financial statements were then quickly followed up by the filing of our unaudited financial statements for all three quarters of 2014 on November 22nd. The filings not only presented the company’s current financial position to the public, but also presented the great strides the company has made towards achieving profitability by reducing operating costs and liabilities and increasing sales.
The Company did not say if they are seeking full OTCBB listing and will remain fully reporting or if they will continue to report but continue to trade on the pinks. In any case I imagine they are working hard to get the yield designation removed.
RXMD also addressed the debt issue ”’In August, we reached our first major accomplishment of the year. After months of negotiation and hard work, the company finalized our debt exchange transaction with Tarpon Bay Partners, LLC. Through the execution of the deal with Tarpon Bay and approval by the Circuit Court for the 3(a)(10) transaction to proceed, the company will be able to eliminate approximately $1.8 million in debt off of its balance sheet in the coming year. This transaction allowed the company to settle its litigations with creditors and note holders and has significantly improved our cash flow.
Repost for new potential investors that do not feel the need to scroll through pages to find.
Well being told to do your own DD is a pretty beneficial statement, although whether you disliked the comment who cares we're all making some good money so might as well just stay positive like our ticker.
Exactly, as well as even though we've had some weak hands fold, most of our shares due to the low float are held by probably less than 40 people who all have high expectations for this stock which it deserves.
Also we just got back on breakout boards as #49 let's try to pull some extra volume off of that... If anyone has any questions feel free to ask.
Yeah I spaced on that, My l2 thought process is just finally getting back on track for the breakout considering I've been so used to all of the different games and such during the accumulation phase haha.
Gotcha
IMO if things go as they could <150,000 shares could now put us as .02
Clear out
ETRF .0174 for 50,100
CSTI .0175 for 66,200
Then Nite usually moves back after a couple 10,000 share slaps at .0175
and now CDEL is chilling back at .025 which I could see being the MM's goal close for the day.
I am interested to see how that work's out usually even when someone legitmentally has 1,000,000 shares on the ask it is covered up, but yesterday it wasn't. I honestly feel like that was just a MM share block to encourage some of the people on the ask to sell to the bid so they could clear the path up on the ask, either that or it is a linked order through nite and the persons an irritating speed bump oh well we'll see by the end of the day I'd like a flat close at .02 or .025 as a base before fins are released tomorrow.
Doesn't matter to much what the bid is, no one is selling to the bid as well low bids encourage ask slaps. If we had 200,000 hit the ask right now we'd be a .02..
Going up on a tuesday$
No I understand haha I agree with what you do as we do need to solidify our share holders which in return benefits us. I just find it ridiculous on some subjects people like to argue about haha, Keep it up you're killing it.