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Just reading that post gave me an RXMD stiffy and seeing the ask at .036 is almost enough to send me over the edge.
So the only possible outcome is dilution...alrighty, you made the accusation, prove it! Otherwise you have no leg to stand on.
They do have enough to sustain the business, but a loan helps to expand it quicker than with profits alone. A small amount of debt is actually healthy. If you are confident that you can earn more than the interest rate on a loan, then why wouldn't you take it out. And usually the interest is tax deductible.
Key phrase there is "deal with", not incessantly complain in hopes that the more times you hit the submit button, the higher the PPS will go.
Only person profiting here...lol, good one.
As of July 28th, PharmCo, LLC has cleared all requirements of the County of Miami-Dade. The final approval process has begun with the City of North Miami Beach.
That's so awesome that you believe you know exactly what every potential acquisition in florida costs and they are all more than RXMD could possibly have. Also, it must feel so special that you have an exact line on what the company is going to do with every cent of it's money. Good for you.
Thank you for your continued research into the price and state of the company. Your opinion that "damn! this is horrible!!!" will not go unnoticed.
No excuses needed, some had read the positive PR's and chosen to misinterpret them as negative. Expansion costs money and a non-toxic note was taken out to do it. Sucks that the price is down recently, but long-term prospects are extremely positive. Sit back wait, buy more, sell if your aching to...but this stock price will be back up in the future.
The surest way to get it turned around is by repeatedly calling it a turd, right?
Excellent post holt! Everytime i see your name on here I know there's gonna be some solid DD and information stuffed deep inside.
Oh, well, since you assured me, that's all the proof i need. Thanks for the DD and research that went into your assurance!
Seeing as how the note is restricted for 12 months and i highly,highly doubt this will be below .05 in July 2017, i cannot agree with your statement.
Good news, RXMD isn't involved in either of these. Thanks for copying and pasting some words though.
Call me crazy, but i'm more inclined to believe a publicly released PR from the actual company than the posting of a bogus conversation by some random dude.
Green day Biatch!
But i'm still mad...so, so mad.
I'm gonna be so mad if we don't close above $1.5369 today. I just can't believe we haven't closed above $1.5369 yet this week. It's been eternally unconscionable and preternaturally improbable this whole week...that we haven't closed above $1.5369 yet!
Unbelieveable
And stating this over and over has changed exactly what about the stock and its price?
Thanks pennystockpro32, that information is priceless and I can appreciate the amount of time you had to put into researching what the current bid price is.
The Company is also resolving the outstanding requirement with Miami-Dade County to issue the building permits for the warehouse space. We expect permits to be issued before the end of the month and the build-out to begin shortly thereafter.
Darn straight, nice to see you admit it, thanks for sharing.
I'm not the one that claimed it. But thanks for not answering the question, classy.
Do you honestly believe that?
Float 291,408,284 a/o Mar 29, 2016
Please provide exact data regarding your statement that the share structure has increased. Every stocks share structure increases at some point. Your blanket statement needs context to be relevant.
Quarterly isn't due until mid-august. The last one for the quarter ending 3/31 didn't come out until 5/15.
Totally disagree. It would be terrible to see a rise in price on this record news today. I don't think anyone wants a really nice rise in price on record news, especially for once...that would be the worst thing ever!
I personally thought everyone was hoping that we never go above 4 again. But kudos to someone finally coming out and saying they hope the price of a stock goes up. Bold statement...bold statement indeed.
And in that same picture you posted, under "Zack's news for RXMD", is the news story saying that the rank is #2. No BS, just FACTS.
At worst i would call it selling...one remotely significant sale. if the total volume is under 500K, it's not even close to dumping.
Would anyone here like to take credit for large block on the bid right now?
Maybe read a sticky or two and you'll get a clue of the reasons you should be buying more at this level.
Selling happens every day, buying happens every day...
I can't believe how long we've gone without anyone saying "slap the ask". Just realized it's been a while. Anywho, this thing'll move some shares when numbers comes out next week. But as far as going up, I think it's gonna take the quarterly numbers mid-next month for that. I'd say the permit before then but it is anyone's guess when that'll be approved.
Toxic time is done, get over it. Profits being reported. There is no way that a toxic deal is in the cards. I don't care how anyone tries to twist a PR. get your shares while its near support. If you're not all in yet, you're gonna regret it.
My info wasn't meant to be comprehensive, just decided to include it when posting the name of the building owner. And nothing's been released because there's nothing to say about the permit until it has been approved.
The spreadsheet i got the info from only covers April 2016.
https://northmiamibeach.govoffice.com/vertical/Sites/.../Permits_-_April_2016.xlsx
What are you trying to get at?
Feel free to reconstruct this info, i pasted from a spreadsheet i found in google. this first section is the headings and the next three are info on permits filed for the building. I guess in short the building is owned by Tarco Properties LLC
Address: 5803 NW 151st St #207, Miami Lakes, FL 33014
Phone: (305) 758-8898
Application Filing Permit Number Permit Type Application Status Project Name Structure Use Project Description Construction Value Applicant Name Application Decision Permit Expiration Parcel # Address Address Number Street Name Street Type Owners Name Contractor Name Contractor Type
4/15/2016 PS16-310 Plumbing IN-PROCESS TARCO PROPERTIES LLC COMMERCIAL ADD ONE SINK 2100 ATLAS CONSTRUCTION AND MANGEMENT LLC 10/12/2016 07-2217-013-0010 901 N MIAMI BEACH BLVD 901 N MIAMI BEACH BLVD TARCO PROPERTIES LLC ATLAS CONSTRUCTION AND MANGEMENT LLC PLUMBING
4/15/2016 BM16-763 Building IN-PROCESS TARCO PROPERTIES LLC COMMERCIAL BUILD INTERIOR DIMISING WALL TO CREATE STORAGE, 2 TON UNITS DUCT WORK, 1 SINK AND ELECTRICAL WORK, OPEN BLOCK WALL TO INSTALL AA DOOR, INSTALL INTERIOR DOORS AT NEW WALLS 36790 ATLAS CONSTRUCTION & MANAGEMENT, LLC 10/12/2016 07-2217-013-0010 901 N MIAMI BEACH BLVD 901 N MIAMI BEACH BLVD TARCO PROPERTIES LLC ATLAS CONSTRUCTION & MANAGEMENT, LLC GENERAL
4/15/2016 ES16-375 Electrical IN-PROCESS TARCO PROPERTIES LLC COMMERCIAL LIGH AND OUTLETS AS PER PLANS FEED FOR A/C UNITS 4900 RAY OF LIGHT ELECTRIC INC 10/12/2016 07-2217-013-0010 901 N MIAMI BEACH BLVD 901 N MIAMI BEACH BLVD TARCO PROPERTIES LLC RAY OF LIGHT ELECTRIC INC ELECTRICAL
Anything is better than another should be/gonna be/will be/needs to be/has to be/can't believe it isn't waste of a click post.
Thanks for that insightful bit of information!