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Ask is rising!
LOL! Again...10 year old news! Funny!
$RXMD - R/S CANCELLED!!!!!
$RXMD - Progressive Care Cancels Reverse Stock Split
BY GlobeNewswire
— 7:00 AM ET 05/27/2021
MIAMI, FL, May 27, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Progressive Care Inc. ( RXMD
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) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, announces that the Company’s board of directors (the “Board”) has decided not to move forward with the reverse stock split previously authorized by the Company’s stockholders in December of 2020.
The Company had intended to effect such reverse stock split in connection with listing on a national stock exchange and enable the company to raise funds to finance growth as well as facilitate higher levels of institutional ownership where investment policies prohibit investments in lower priced securities. While the Company is continuing its work towards becoming an SEC-reporting issuer and being listed on a national exchange, given the market conditions and timing, the Board has determined that it was not the appropriate time to conduct a reverse stock split.
"When we were asking our shareholders to approve the reverse stock split, it was on the understanding that the market conditions would need to be right, and such reverse stock split would allow us to list on a national exchange. Given present market conditions and the pending expiration of the Board’s authority to approve such reverse stock split, we believe this is not the right time. Nevertheless, we will continue our focus on completing our uplist to a national exchange and execution of our business plan,” said Alan Jay Weisberg, CEO and Chairman of Progressive Care ( RXMD
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).
For more information about Progressive Care ( RXMD
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), please visit the company’s website. Connect and stay in touch with us on social media:
Progressive Care Inc. ( RXMD
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)
https://www.facebook.com/ProgressiveCareUS/
https://twitter.com/ProgressCareUS
PharmCoRx
https://www.facebook.com/pharmcorx/
https://twitter.com/PharmCoRx
ClearMetrX
https://www.clearmetrx.com/
https://www.facebook.com/clearmetrx/
$RXMD - Progressive Care Cancels Reverse Stock Split
BY GlobeNewswire
— 7:00 AM ET 05/27/2021
MIAMI, FL, May 27, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Progressive Care Inc. ( RXMD
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) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, announces that the Company’s board of directors (the “Board”) has decided not to move forward with the reverse stock split previously authorized by the Company’s stockholders in December of 2020.
The Company had intended to effect such reverse stock split in connection with listing on a national stock exchange and enable the company to raise funds to finance growth as well as facilitate higher levels of institutional ownership where investment policies prohibit investments in lower priced securities. While the Company is continuing its work towards becoming an SEC-reporting issuer and being listed on a national exchange, given the market conditions and timing, the Board has determined that it was not the appropriate time to conduct a reverse stock split.
"When we were asking our shareholders to approve the reverse stock split, it was on the understanding that the market conditions would need to be right, and such reverse stock split would allow us to list on a national exchange. Given present market conditions and the pending expiration of the Board’s authority to approve such reverse stock split, we believe this is not the right time. Nevertheless, we will continue our focus on completing our uplist to a national exchange and execution of our business plan,” said Alan Jay Weisberg, CEO and Chairman of Progressive Care ( RXMD
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).
For more information about Progressive Care ( RXMD
Loading...
Loading...
), please visit the company’s website. Connect and stay in touch with us on social media:
Progressive Care Inc. ( RXMD
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Loading...
)
https://www.facebook.com/ProgressiveCareUS/
https://twitter.com/ProgressCareUS
PharmCoRx
https://www.facebook.com/pharmcorx/
https://twitter.com/PharmCoRx
ClearMetrX
https://www.clearmetrx.com/
https://www.facebook.com/clearmetrx/
$RXMD - R/S CANCELLED!!!!!
We could easily blow past $.10 today and maybe higher!
They did state yesterday that they were looking to buy other pharmacies to expand further!
They stated yesterday multiple press releases in the next few days! First one of many!
$.50 easy!
S1 is still on.
Lol! Too much good news coming!
Jimmy - Always appreciate you information!
Most here aren't worried at all. It's a solid company.
Yup. Saw that. Longs here know whats going on. We are holding strong!
Multiple press releases in the next few days. Just see what happens
What presentation did you watch? I watched on which showed how well RXMD is doing a tour of their new facility which looks amazing.
It's MM's holding it down with small sells before all the press releases come out so they can add more shares. It's clear what is coming.
Fully audited with press releases coming. Watch the presentation.
A FULLY AUDITED SHOW! THEY ARE FILLING 50,000 SCRIPTS A MONTH HELPING PEOPLE WITH THEIR MEDS! SEEMS LIKE A LEGIT COMPANY!
Fby2 - Did you hear them mention news today possibly or did I hear wrong? I know they said a few in the next couple of days, but I thought I heard today also...........
It was nice to see the working facility in real time! This IS a REAL company helping people!
Did you hear when they stated a possible press release today?
RXMD - I sure hope so. The Presentation was actually pretty decent and the video tour of the facility looked awesome! Just bring on the news!!!
I believe he stated something today also if I heard correctly....
Not these next few. Did you see their excitement! Something big coming..in waves!
I am not sure, but I'd like to listen and post the link here for the Presentation they had.
RXMD - Anyone else's thoughts on the mention of multiple press releases in the next few days from the Conference today?
They stated one of the reasons they wanted to do the Conference is because they wanted to let people know about RXMD and that they will be sending out multiple press releases in the next few days.
Can anyone else expand on this that listened?
I agree.....now I'm anxiously awaiting the press released they mentioned today on the Conference!
Good Question! Professional!
RXMD management even stated they are undervalued! Time to go way up!!!!
Volume picking up now!!!
Did you see them smile when they mentioned the press releases coming? Something good is coming!
"Also several new news releases coming up soon!!!" YES!!!
JAY MENTIONED SEVERAL PRESS RELEASES IN THE NEXT FEW DAYS!!!!!
Jay mentioned PRESS RELEASE COMING SOON!!!!
They both smiled when someone asked about the S-1 and UPLIST....someone good is coming.
UPLIST MENTIONED!
They mentioned they want to expand and are looking at other pharmacies to buy!!! They want to expand throughout the state of Florida and beyond!
Glad they mentioned they audited financials by a 3rd party to the conference!