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RXMD where, every month is record breaking!! Gotta love it.
I finally got a chance to listen to the CC last night.
Been a happy investor here since 2015.
Love the transparency. Love the honesty, they always do what they say they will.
Doubled the assets, scripts and rev's. Expansion and growth.
I will keep adding.
Ya I will be adding more and, you keep dreaming
Well lets look at the long term chart stating in 2015 we were at .007 and we had a bring run to .054 and a some profit taking and a cool off period.
We cooled down to .01-.02 range and then had another huge run to .265 and then some profit talking and a cool off period. We have been channeling from .05-.10 for a long time. Higher highs and higher low's.
I am loving the expansion and growth. Chart looks great to me.
Take a look a chart already. we have been in a channel for a year now .05-.10. Every time we track towards the bottom you jump up and down and claim victory for a day or so, and your silent when we go up. Hmmm
This 5th word is silent, it can't be said here. You must use your imagination.
Thats when you load up! Know what you own!
The price has been in a channel from .05-.10 for a year now.
If you want the price to go up slap the ask.
Looking like things are finally coming together here.
Adding when I can.
Without opioid's there is now a big hole in pain management. Custom compounds will be a big part of the solution. Maybe this will be one of their cash cow's. Coming to a town near you!
Well said.
Maybe not to you, but says buy to me. We have been in a channel from .05-.10 for a year now. Buy the dips in the channel and hold for a break out. It does not get any easier than that.
I guess you have not looked at a long term chart, it clearly shows a different picture.
Long term chart looks beautiful to me. Load the dips.
We have bought more stores hired more people, increased assets and scripts and doubled revenue ect ect ect since we hit .26 and you think .06-.07 is the ceiling. Oh lord. I think the peanut diet is unhealthy.
As long as the company keeps growing and expanding. Increasing assets and long term value, i will have no reason to sell.I don't care what the daily manipulated price is.
In a year or two I will sell some and walk away a millionaire. In the meantime I will keep adding. Nothing embarrassing about retiring early. I know you can not wrap your mind around that, but that's flipper logic at work for you.
No I don't think so. I am still up 250%. Looking good here!
We don't get out when the price drops and we own millions of shares ( long term investors), we see the gift and we add.
Thanks, this is a ticking bomb.....
Investing 101 buy the dips. Buy low sell high I hope you have heard of it?
Been buying the dips since 2015. I am very happy with my investment here.
You seem very worried about the daily prices, very typical of a flipper.
When you check in and its red, that is the best time to buy.
Agreed, been loading this when I can.
That means its a good time to buy! Load here!
Have you found a better stock yet?
I am picking up a few today, adding to my stash. Its hard not too at these discounted prices.
Well said. RXMD= expansion and growth.
Thanks for the facts Jimmy. Much appreciated.
Still A great read thanks MFN
How RXMD is going to get to $1
This is a 40x improvement over today's ~$0.025 share price. Do I think it will happen this year? Though some believe it's possible, I wouldn't bet the farm on it. Do I think it's very possible within the next 3-5 years? Absolutely! Here's how and why...
First, Progressive Care, Inc. (RXMD) is clearly undervalued, but the pps is correcting and will be reaching upward for 0.10+ before you know it. Organic growth and a handful of acquisitions - simply executing the strategic plan - will do the rest. I see RXMD as a serious buyout target in 2-3 years!
Large national pharmacy companies are fending off competition from mail-order prescription discounters, online pharmacies, wholesale retailers such as Costco and health clinics, among others:
Dec 16, 2015 - CVS Health Corporation (NYSE:CVS) and Target Corporation (NYSE:TGT) announced today that CVS Health has completed the acquisition of Target's pharmacy and clinic businesses for approximately $1.9 billion.
Oct 28, 2015 - Walgreens said on Tuesday that it will buy rival Rite Aid in a $17.2 billion deal that would whittle the nation's one-time mom-and-pop drug-store industry into two massive chains. Walgreens Boots Alliance, which operates the namesake drug store chain, said it is paying $9 per share in cash in a valuation that includes the assumption of debt. That reflects a 48% premium above Rite Aid's value at the close of trading Monday.
Aug 19, 2015 - CVS Health Corp. (CVS - Analyst Report) has completed the acquisition of Ohio-based pharmacy services provider, Omnicare, for $12.7 billion, including a debt of $2.3 billion, well ahead of time. The buyout reflects the company’s foray into a new pharmacy distribution channel – the long-term specialty care market.
From a 2010 article:
Omnicare has a rich history of growth through acquisitions, which has made it a dominant player in the industry. The company boasts a reasonably sound balance sheet and is well positioned with healthy cash flow, which it can use for further acquisitions, debt repayments and share repurchases. Omnicare is pursuing an aggressive acquisition strategy in fiscal 2010. The company agreed to buy institutional pharmacy businesses in July 2010 and is also in advanced negotiations for other acquisitions.
While the goliaths have been hammering away at acquisitions and consolidation in the broader pharmacy retail sales and services markets to maximize commodity-type margins, Progressive Care, Inc. (RXMD) has been quietly whittling away at a health services business model that focuses on a small but substantial piece of the very large pie. This piece of pie, however, concentrates on high-margin revenue derived from medications and services for an underserved segment of the market. Progressive Care specializes in the care and management of patients with special needs, long-term care needs, and including medications for infectious diseases.
As stated in the Open Letter to Shareholders, Progressive Care will continue to strengthen the successful PharmCo model by "adding business elements that cater to specific under-served markets and demographics." In doing so, Progressive Care raises the bar, creating a steeper barrier to entry for regional competition in existing markets. For example, Progressive Care will add a "closed-door pharmacy facility" to the existing PharmCo operation this year. It seems likely that this will be a nearby (near the existing PharmCo site) satellite pharmacy operation embedded in a long-term care or other health services facility in one of the underserved markets/demographics of focus.
As also stated in the Open Letter to Shareholders, Progressive Care "will also look for opportunities to expand the pharmacy through establishing new locations or through mergers/acquisitions with similarly positioned independent pharmacies," and "will seek licensures in additional states in order to begin positioning PharmCo as a national brand."
Progressive Care, Inc. (RXMD) has it in the game plan to grow revenue organically and to expand into other markets nationally through acquisitions.
The goliaths have it in their game plan to continue increasing shareholder value - indefinitely. As the pending market consolidation in the major pharmacy store and services sector is nearing completion, these companies will look to the next opportunities, especially those that offer higher gross margins. They will not be able to do this organically through existing infrastructure, as the services are much more specialized than what a discount pharmacy operation can profitably support. That is, it's simply not a good product mix. The only way they will be able to continue improving shareholder value at their historic rates is through acquisitions.
If you're trading on the OTCBB and you're new to RXMD, it would be a very smart move IMO to diversify your "investments" and take 10-20% of your funds and get a starting position in this stock for the long-haul growth toward this 40-50-60x gain opportunity over 3-5-7 years. Add when you can on any dips and stay long, and use other funds for flipping other penny stocks if that's something that appeals to you. Wanna retire young? This is a road map that's easy to read.
We heard these same cries many many times before the last big run!!
Actually the last three runs!
You might want to familiarize your self with a long term chart.
I think we might have to update the chart soon. There maybe a big mistake spot again this year in the .06-.07 cent range.
I guess they will finally see it when we are trading in the .50-1.00$ range.
Just under the radar, great loading zone.
Thank you!
Respectfully,
Stuart T. Smith
CEO & President
SmallCapVoice.Com, Inc.
P. 512-267-2430
F. 512-267-2530
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Subject: RXMD Progressive care CC questions.
Good day
I have a few questions on the conference call I would like to submit.
Medical marijuana just got legalized in Florida, will RXMD try and offer these products to their patients in any way?
How is the software development coming along for the tele-pharmacy?
Are we currently still looking at possible acquisition targets?
How is the partnership with the CBD oil producer coming along?
Are we still trying to rush to the Nasdaq or can we slow down and do QX first.
Is the a link to the cold transport conference that we can listen to now, after it happened? I missed it.
Are we still working on our 3rd year audited financials?
Thanks.
I sent a list in.
The only ones feeling pain are the ones that sold out under .02 cents.
Otherwise a lot of happy investors here at RXMD
Don't forget to submit your questions!!
For SmallCapVoice.com, Inc.
Stuart T. Smith
512-267-2430
ssmith@smallcapvoice.com
www.SmallCapVoice.com
Thanks i am emailing Armen and the host. I would like to hear it. I still have a few dots that I am trying to connect.
Did anyone ever find a link afterwards to listen to this?https://www.globenewswire.com/news-release/2019/02/12/1720761/0/en/Progressive-Care-Inc-Announces-CEO-Shital-Mars-as-Keynote-Speaker-at-Cold-Chain-Global-Forum-in-Toronto-Canada.html