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Content by "WebMD, Cleveland Clinic" etc removed off www.rxpcinc.com. HIPPA privacy notice posted.
If he obtains investment for his RxPCinc, are the RxProcessingCorp shareholders left in the dust? Or will the RxPCinc funding be used to move the RxProcessingCorp shareholders, via dividends, over to RxPCinc?
My responsibility here will solely be moderating posts made violating the TOU, and redirecting those posts that begin to sway off-topic.
I have no intention of being the middleman for any info Peter may communicate with me, if I am able to ask questions. Anything I hear I will post as a board member, and nothing I say will be taken to be Peter's own words. I'm only saying all of this because I don't want to spread misinformation, and be responsible for any decisions made by shareholders.
I am trying to understand what Peter is trying to do, lacking funding to do pretty much anything. He's now gone to the new shell, so he's making some headway (at least via the website), but hasn't made any PR about it. He seems to be trying to abandon RxProcessingCorp and make a move to RxPCinc.
I may be asking the wrong questions here, but I know what the purpose of the shell was. What is he doing now?
We are still unsure of Peter's intentions at this point. I'm sure he owns rights to the rxprocessingcorp.com domain, so why the rxpcinc.com? Unfortunately I have no means of contacting him at this point, so I guess we'll wait and see.
(Now if I could only figure out how to edit the stock price back up to .03...)
I'd like to get the story from Peter on RXPC Inc. I wonder if this may be the shell company imagined when Peter wanted to take us to the BB?
I can moderate, though it depends on how often I need to logon to do so.
The thing is, myself and at least one other have offered to help Peter out with the website. I feel the website fiasco was a great bit of the demise of RXPC. That and funding.
My friends and family are out. I have one friend left holding about 150k probably because its not even worth it to sell. I've sold off my certificates, am holding a couple hundred k still.
Definitely doesn't look like the end of the line with the current website. We'll see what happens. I still stand behind Peter, the company on the other hand... it's too early to tell if they can right themselves, at least some positive volume.
Peter, are you referring to a plan you now have in motion? I mean this as constructive criticism when I say, if a buyout is the plan, that it should be kept in mind a tax writeoff for us could be obtained by selling now. I think a lot of us want to regain investments, but for a lot who bought at the top, it's certainly not possible.
I think I may have accounted for some of those shares yesterday morning (not the 2x500k). Another associate passing off the RXPC torch.
About to go sub-1/10th of a penny. We need a lot of buying as we had yesterday.
This performance is pitiful. .002? I too would be interested in what Peter is doing on a day to day basis, his plans for RXPC, and what hasn't worked out since his last PR. It would mean the difference between me holding onto stock worth little, or selling it off for a tax writeoff.
Anyone have the bid/ask?
Well, it may be temporary, but I'm glad to finally see my account at a reasonable level. Hopefully a frenzy ensues at some point to get pps back up. We're glad to hear from you Peter, even if theres no big news.
I don't even show that much, quotemedia doesn't have bid/ask info yet. I did have a .03 order in yesterday evening, but the .03 was not me.
I'll put in an order at .03. Lets see if there are any bites.
300% is a nice gain.
I believe a few hundred thousand shares were sold. The intention was to not sell off the whole position at once and saturate the market.
500%??? Wow.
0.03 10000 OTO 09:30:02
I'm extremely dissatisfied at this point. Of course I'm gambling with my investment on a penny stock in the first place, but there are things that Mr. Fiorillo could do immediately to try and remedy the situation, and at least give us some idea the only line of contact has not been completely severed. We're finally subpenny, my investment now is worth about 20% of my original investment.
3 friends and family members of mine have unloaded most of their investments, in total almost 2,5m shares, and not because they believed the company was going down for good. They believe the situation with the website had an explanation, which I completely understand and explained. It's now the lack of communication, I saw the last PR which failed to explain much. That's the reason for panic selling, and all the uneasiness about buying into RXPC.
RXPC had an excellent business model, with expected delays of course. At this point, no one has any idea whats going on. My understanding is Peter is seeking a buyer for RXPC, or liquidation of any assets RXPC has. That's as much as the PR stated.
I'm not a cheerleader for RXPC, but I do think its a shame that such a good an idea as RXPC is in the shape its in currently. As for me, I refuse to sell my position, and also refuse to fall into the trap of averaging down at this point. If we go under, at least I have a good tax writeoff.
NC time, good luck RXPC, and enjoy the warm east coast weekend to all else!
Its always had that disconnected message. Before when you'd call you would get a busy signal and in the background you heard the disconnect notice. No change here, its been like that since it first went down.
You could always hit the ask. Or above it.
Boardmarks are still increasing!
In the name of deficit reduction, increasing the cost the consumer pays: http://www.chron.com/disp/story.mpl/front/4958312.html
Before this year, college health centers could buy contraceptives and other drugs at nominal prices from pharmaceutical companies. But the Deficit Reduction Act of 2005, which went into effect in January, imposes a disincentive for companies to sell discounted drugs by requiring those that do so to pay more to participate in Medicaid.
This is why people go overseas when they can no longer pay for their own prescriptions. Its unfortunate how a law can so obviously benefit the corporations and screw the people.
Strange orders:
Sell at .01, buy at .012?? Thats a small spread compared to close yesterday. Then it looks like another buy at .0118.
0.0118 199777 OTO 11:10:40
0.012 200000 OTO 10:27:36
0.01 144000 OTO 10:27:34
If he relocated said information, he obviously didn't bring the database along. If he commissioned the site, he should have access to that information or server.
My opinion, whatever that site cost was that amount minus $1 too much. It would have been neat in theory, if it had ever worked. I sent Peter NUMEROUS emails about the issues, and he always acted as if it was constantly under construction. I don't blame this on him, but if you pay for the creation of a working website, you're also paying for it to work PERFECTLY. It looked like crap viewed in anything but Internet Explorer 6.
I feel like Peter has always gotten the short end of the stick. If I spent $$$ on this stock, why settle now for $? There is still a business plan, and there is still the whole concept, and there are still storefronts. My holdings in this company are worthless (to me) if sold, but also near worthless held onto currently. I'm holding what I have, waiting for news to pick up once again, problems to be resolved, and also trying to AVOID averaging down right now.
0.0095x0.0145
Last sell at .011. We're certainly just about the lowest we've ever been, but luckily some buying is going through a bit higher, and the close looks more optimistic. Like I said before, I don't think this is the end, but PPS is going to look rough until Peter does something about it.
Intersting article mentions the difficulty of being an independent pharmacy.
"Let's say you have a $100 prescription and they allow you to mark it up $5," said Skaff. "It costs $7 to dispense it. So it didn't take too long to figure that out."
http://www.denverpost.com/popular/ci_6318753
This is by no means the end. I'm sure there may be financial issues as specified in the PR, and its VERY obvious there are issues with the website, but we're still moving on.
If it is mostly financial, since Peter stated he paid for one (or more?) of the acquisitions out of pocket, the cancelled dividend makes sense. While it works in his favor, it also works out for those of us that don't want to see our share value diluted. Think about a dividend, O/S increases 10%, your shares held increase 10%, and after some trading, PPS drops a bit. Convenient for Peter, but you have to realize he doesn't have much to gain with issuing or cancelling a dividend in the first place, except a bit of press.
Peter said to expect more news, and I'm sure it wasn't that he was cancelling the dividend. I'm still waiting here at the bottom. For those that bought in at .04 or so, realize that selling now isn't going to give you much money in the bank.
As usual, do your own DD, and don't buy because of my statements.
Entirely true, but at a time like this who wants dilution?
Great news!
I've been unable to get in touch with IR or Peter via e-mail since Sunday. This may be related to the issues the site is having, but if he can get to the site to modify it to reflect issues, he should be able to get e-mail.
Canada Day is July 1st. The celebration in Canada is bit bigger than July 4th here. A friend's office (provincial gov't) gave them the entire week off.
Ha!
"Rx Procesing Corp Is currently experiencing online and corporate telephony service disruption.
We are unable to clearly say when the issues will be fixed."
Peter Fiorillo
CEO
Rx Processing Corp
Well someone just dumped 100k. Ask hasn't moved, they must have been eager to get out.
The issues may have something to do with the corporate relocation.
800-576-7055
I have no questions, more of suggestions to make to Peter. This is why I'm trying to get in touch with him. Vincent has the multiple questions to be answered, I'm just interested in the answers.