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It's not spam. I'm changing it up to post different facts of the stock. It's not spam if it's real news which it is.
RXMD - Insta...where you at? We just got awesome news and this thing is headed up!!!! Jimmy? Diamond? ndww? Spudz??
I'm hoping we get more news this week. Finally a pulse here!
$RXMD - This gem just got YUUUUUUGE financing.....watch this stock!!!!!!
$RXMD - FINANCING IN! NEWS!!!! Progressive Care Enters into an Agreement with NextPlat for Significant Strategic Investment and Debt Restructuring
By GlobeNewswire
— 1:31 PM ET 08/31/22
MIAMI, FL, Aug. 31, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Progressive Care Inc. (RXMD.NaE) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce that it has entered into an agreement for a recapitalization of its current debt and a strategic investment by NextPlat Corp. (“NextPlat”).
Under the agreement, Progressive Care (RXMD.NaE) will receive an aggregate of $6 million from NextPlat in exchange for the issuance to NextPlat of 3,000 units of Series B Preferred Stock as well as warrants to purchase up to 3,000 shares of Series B Preferred Stock at an exercise price of $2,000 per share. In addition, NextPlat’s Executive Chairman and CEO, Charles M. Fernandez, board member, Rodney Barreto, and certain other investors will purchase approximately $2.8 million of outstanding convertible debt in Progressive Care (RXMD.NaE) at an agreed fixed conversion price of $0.02 per share. Progressive Care (RXMD.NaE) and NextPlat agreed to reduce the interest rate on the purchased debt from 10% to 5% per annum and extend the maturity date to August 30, 2027.
$RXMD - FINANCING IN! NEWS!!!! Progressive Care Enters into an Agreement with NextPlat for Significant Strategic Investment and Debt Restructuring
By GlobeNewswire
— 1:31 PM ET 08/31/22
MIAMI, FL, Aug. 31, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Progressive Care Inc. (RXMD.NaE) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce that it has entered into an agreement for a recapitalization of its current debt and a strategic investment by NextPlat Corp. (“NextPlat”).
Under the agreement, Progressive Care (RXMD.NaE) will receive an aggregate of $6 million from NextPlat in exchange for the issuance to NextPlat of 3,000 units of Series B Preferred Stock as well as warrants to purchase up to 3,000 shares of Series B Preferred Stock at an exercise price of $2,000 per share. In addition, NextPlat’s Executive Chairman and CEO, Charles M. Fernandez, board member, Rodney Barreto, and certain other investors will purchase approximately $2.8 million of outstanding convertible debt in Progressive Care (RXMD.NaE) at an agreed fixed conversion price of $0.02 per share. Progressive Care (RXMD.NaE) and NextPlat agreed to reduce the interest rate on the purchased debt from 10% to 5% per annum and extend the maturity date to August 30, 2027.
I do want to state this again....how cheap would it be to put up 1 billboard in the 5 largest cities advertising RXMD for a month! Chicago, Atlanta, LA, New York, Houston.........just sayin........
Hey Hey, at least they slapped the ask! LOL!
Saw that...games. We will crush them soon, just watch!
I would agree!
Good information! I'm more and more excited everyday here now!
We are in a very good position here!
Great post!!!! Yuuuuuuge
I agree!
Form SC 13D Progressive Care Inc. Filed by: NextPlat Corp
BY 10K Wizard
— 6:01 AM ET 09/09/2022
http://archive.fast-edgar.com/20220909/AG22922CZM2RM9NN22232ZY26PDT7Z22Z242
Filed on: September 9, 2022
Agreed!
NEWS OUT!!!!!!!!!!!!!!!
We need that huge ask slap now!
8:00am and 5:16 news PR's from Fidelity yesterday.
RXMD - Any life on this board anymore? We are about to all be rich soon hopefully!
Thoughts on seeing 5's today or 6's?
Yup! I finally feel it happening!!!
We will blow past $.25 easy now!
Thanks for posting!
2 PR's in 1 day.....Really liking it here again! Finally!
Volume picking up!!!!!!!!!!!
$.20 lets see more!
Nothing wrong with a random wet dream once in a while! LOL!
Good post!
YUUUUUUUGE!
It was close to a million shares.....
About to get exciting...hope your still here and own a $hitload of shares!
Today is going to be great! Hope your still own this gem!
News here! The best in a LOOOOOOOOOOOOOOOOOOONG time!
"Under the agreement, Progressive Care received an aggregate gross proceeds of $6 million from NextPlat"
stockforce, I see you are back to the bright side!
NEWS OUT!!!!!!!!!!!