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You will be rewarded!
Thanks SF!
I think we will see a strong green volume day today and Monday for sure. It's getting real up in this bitch!!!
Completely baseless and false. No insiders have sold.
Added a few more also.....
If we get close or past $.10 this is going to fly. Real investors know this is gold.
Average Down.....did that with many stocks and came out way ahead!
We won't see 1:300 PPS has been holding firm and people are still buying. Good News!
Both will MAKE RXMD GREAT AGAIN! WINNING!
This is the most positive I've felt in a while here. Good Vibes! Good Times Now! Moving Forward!
Interesting findings and great post.
Awesome! CBTC!
We went up 40% the other day and I added a bunch. I'll keep adding.. we will get to PPS we need.
Up 10% is a good party starter!
Agree! L2 Thin!
Baseless claims again....
They could also be merging with Amazon if we are going to speculate....
They clearly stated this on the CC and in the PR. Thanks!
Keep in mind that Steward has in the past conducted additional interviews with RXMD to further answer questions that were submitted. Look at their previous history. We might get a interview.....
In addition, the company is prepping for a potential uplisting onto a major national exchange, and recently held an informative conference call covering key topics related to its recent activity and its roadmap ahead.
Progressive Care Inc. (OTC: RXMD) Highlights Path to Uplisting and Strengthened Financing Terms in Recent Investor Call
December 9, 2020 8:50 AM
Progressive Care Inc. (OTC: RXMD) is an innovative leader in the healthcare technology space, with strategic initiatives pushing into Telehealth, Healthcare Data Management, Pharmacy Operations, Rapid Covid Testing, and Vaccine Administration.
The stock has dipped recently in the wake of the announcement by Amazon.com that the megacap technology giant would be moving into pharmacy operations. But management at RXMD notes that this is likely due to confusion about how the pharmacy marketplace works.
In addition, the company is prepping for a potential uplisting onto a major national exchange, and recently held an informative conference call covering key topics related to its recent activity and its roadmap ahead.
Matters for Consideration
Progressive Care Inc. (OTC: RXMD) led off its December 7 conference call with an upbeat tone. Despite recent selling in shares, the company has a well-earned position at the intersection of a number of very strong trends. A recording of the call can be accessed here.
The company began by noting that a special shareholders’ meeting will be held on December 14 (registration by December 11) to cover shareholder approval for an amendment allowing for the company to effect a reverse stock split tied to an uplist of shares onto a major national exchange, an amendment to opt out of a provision that represents an administrative element according to Delaware corporate law to make sure the company continues to be abiding by all provisions of Delaware corporate law, and an amendment to increase share allowances for incentivizing future and current employees through equity benefits.
The in-depth discussion on the call began with an explanation of the value of approving an amendment allowing for a reverse stock split, which will be enacted only after the company meets all of the listing requirements for uplisting onto a major national stock exchange (ie, NYSE, Nasdaq).
The call also covered the proposed amendment to allow for greater stock-based compensation for new top team members in greater detail. The company noted that the 75 million (pre-split) shares to be prospectively authorized for this measure would not go to any current executives or managerial members with the company now. It would solely be earmarked to attract top talent to the company going forward.
Ultimately, according to the company, the goal here is to uplist the stock onto a major national stock exchange (ie, NYSE, Nasdaq). The company intends to accomplish this.
Management also noted that the entrance of Amazon.com into the pharmacy market is actually a net positive for the company because they will need to achieve difficult logistical challenges which could either provide demand or reduce competitive pressure, favoring a positive outcome for Progressive Care.
However, the company notes that misperceptions about this market positioning dynamic have been responsible for recent selling pressure that has occurred in RXMD shares.
The company also addressed the issue of toxic financing through convertible debt funding rounds. Management notes that an uplist onto a major national exchange will give the company access to new and less toxic financing options to fund expansion of the core business and allow the company to pursue additional valuable strategic goals.
This is big news!
RXMD - How many have you purchased? I have millions!
RXMD PROFITS COMING SOON!
RXMD will make me how rich??
RXMD will be huge!
Read the PR!
They filed it. It's in the PR....read it.
Silver EOY!
That's the key...more avenues for financing and institutions!
I think we will be close to $.10 and not need that ratio. JUST IMO. Glad I had patience and waited this out! RXMD LONG!
I still say silver before EOY!
I'm not calling this a long term hold just yet, but I'll sell my cost basis in a few months and probably hold the rest for long and get really rich!
Absolutely....still loading zone for me!!! This has sooo much potential whether it's in a month or beyond. This is going to be huge!
"This is NOT a fly-by-night otc company! This is the real-deal"
Audited also.
Agree!
SILVER BY EOY! IF NOT HIGHER!!! FINALLY GETTING THINGS DONE HERE!
Agree!
looking for more than that......
NO ALPS again.......
nd good to see you back here! Need to factual posts to keep moving along. We know what we own!