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Cool. Thanks
Legit question hate that Im not sure if the answer to…. If the company does not file with the SEC, do insiders have to report share sales?
I remember People on this board making fun of others claiming IIPR was a much better investment than RXMd…. That hasn’t aged well
Just out of curiosity, other than him having a company that got to the nasdaq, what do you like about Oleg?
I dont Find Oleg that impressive either…. But maybe that’s just me
Yeah I would Think so. Those two things alone and what happened with them is a perfect reason to not claim you will be doing $1bn in 5 years. Let’s get to $50mm first and then $100mm. Then talk about loftier goals
I mean They are barely on pace to hit $40mm again and nowhere near their $50mm goal pace…. Smh
Was completely baseless
Not me!
100% agree with you
That’s not necessarily true. If they actually expanded 340B services nationwide, had a real tele-pharmacy platform worth a crap and expanded prescription delivery nationwide (with a massive marketing effort and much better leadership), it is possible to achieve
Yes there is a chance of Oleg becoming more of a presence at RXMD, but they aren’t buying their payment platform
Everyone needs to stop with the NETE bs. Has nothing to do with RXMD. Even the nete filings state it iOS being bought by someone else
Doesn’t work for anyone. Just a blow hard
I doubt It. If they need to raise a ton of capital it will more than likely come through a stock sale…. Hopefully restricted shares at least
Did he say the company would be worth $1b or they are trying to be a billion dollar company, or in other words, do a billion in revenue. Both far fetched at this point but want to make sure we are all on same page
The company def isn’t a scam. But he is sketch
He is what he is
Or just get to $50 million
Continual disappointment
Me too! Good luck to all
Market clearly didn’t like it
Been baited for 3 years with being firmly SEC reporting
Hmm, the and/or killed your argument there. They did uplist through OTC. I’m not happy either way, but just keeping it real.
Stating a goal certainly isn’t against any sec rules about quiet periods. However, the statement itself is a little too far out there
Market likes the update? 10k shares traded…. Like a pack of wild dogs
Not even to $50mm yet. They should prob get there first, and without toxic debt to do it
Uh huh…..
Can’t really compare growth to them, progressive should grow much faster than massive companies in a similar space. As for the small businesses, I’m sure as a whole small businesses have done worse, but the one thing that won’t ever go away are drugs and those that supply them. I doubt That progressive was hit as hard as most other small businesses.
Biggest issue in my mind is that growth is almost dead. Only $300k more rev yoy…. 3%..
No prob!
OTC markets. Disclosures
Quarterly reports posted…. Not what we hoped for but still moving slowly in right direction. Growth is almost stagnant at this point. Net loss of $191k, $185k loss from operations.
Back to reality sadly
They won’t answer anything important today. Sadly it will be more of the same. Hopefully the numbers are good, that’s our only hope
Don’t they usually release after hrs right before call?
Exactly
Sadly nobody has any idea what they are doing. The Covid testing will never be much of a money maker. If they were actually analyzing the tests maybe they could make some money on it, but from what I can Tell they just send them off to a third party lab, other than rapids, which you can do At home on your own now. Their natural growth from the pharmacy side has slowed down tremendously and without new locations it won’t grow much other than 40B applications. Problem is the only way armen knows how to grow is with toxic debt. I’m
Sadly close to giving up after 5 years