This is just getting destroyed. Shame on me for not selling today when .09 didn't hold.

where

Agreed, lol. Not sure were he dreamt up that number. 10Q says they approved it, not how much.

Agreed. I think the PR today is a none event. Production wouldn't have been stopped originally if the product was selling profitably. Even with better sales and marketing efforts for the filter, don't think it will be a factor. Certainly not going to drive the price.

ya Axeman, I've had a number of buys set in the lower 3's for a few days.

Does anyone know where the 1st revenues of $100k were derived from?

Well, that is not accurate. THey are not written down at the time of acquiring the assets but written down as value is determined to be lower at a later date. The value at the time of the write down was approx $5MM. As THoth stated, the future value is now in the tax benefit of the write down. Think of Real Estate, if you buy a property for $35MM and it is now worth $5MM, you do not have $35MM in assets. I was just stating a fact and won't continue to debate as it is not a factor in the current co. situation.

Yes, agree regarding the tax carryback/forward. That is quite a sum of tax loss to use.

What htey paid for the assets is irrelevant. They are listed at the lower of cost or market. The market value was determined to be around $5mm, thus the right down. You don't have $35MM in assets if they're worth $5MM.

They do not have $35MM in assets. Please see their disclosures and F/S.

Massive volume?

We'll just have to disagree on that. I only see guaranteeing 0 value by sending.

I am not sure how you would consider sending this if you are a shareholder. I don't believe there is any possible outcome that would benefit shareholders and most assuredly would eliminate any value for the stock. Just my personal opinion.

IF EMA executed there part of the note, I'm not sure how FUSZ refutes this. What does FUSZ claim regarding this?

Smart investors are bailing. A whopping $1000 of trades are it's bailing. Come on, seriously.

The proforma is not a future projection. It represents subsequent events and presents them as of the period date. $3.3M dollars were received as one of the subsequent events among others, therefore, the proforma was reported.

Huh? No relation.

I don't disagree.

My point was the fee is the only revenue from the 340B's, not the $470 worth of prescriptions as some seem to think. 5% is solid organic growth but it doesn't get to the $50-$75MM revenue projections. The new store is a great start.

Revenues were $1.9MM per the PR. The 340B are not revenue to RXMD other than the fees generated. Let's temper the enthusiasm as revenues were only up 5% fro the prior year. Growth is obviously not going to come organically but rather thru acquisitions and new stores.

Is this a prediction?

Anybody know where to view the presentation?

I really liked this company but liquidated wit a small profit after seeing the 42MM shares given out as bonuses. I'm all for incentising, but that is extremely excessive for a company that is effectively running breakeven. At .14 that's almost $6million in bonuses. If that doesn't show the true colors of the CEO and board, I'm not sure what does.

I haven't been able to get www.progressivecareus.com to work in any browser for days, including safari.

I just watched again and he states 50 period, not 5o day, therefore, he is considering each period as 30 minutes.

I find it interesting that clay claims the 50 day simple moving average is .19 and that RXMD is below that line. I would love to see his calculation as the simple 50 day simple moving average is a hair under .10, far from .19 that he shows on his chart.

I wouldn't call sales of $6000-7000 for the quarter solid news!

There are many that have stated they are not participating, so I am not sure how they proclaim "the rights offering fully subscribed"?

I will be looking to re-enter after being able to get out at .24 this morning. While audit is great for otc, profit was down on rising sales. Thought there might be a bump to offset that from the conf today but that seems to be out the window now. We'll see where this settles. Bright future ahead for rxmd.

They are currently doing 18-20MM. How is the next acquisition going to get them to $75-100MM?

I guess we can agree to disagree. I don't read the PR that way at all.

I am not sure what you refer to as legitimate reasons. I don't see anything in the pr that would explain the flat sales.

Let's not get over our skies. Revenues were flat YOY for February so that is something we have to watch going forward.

How do you arrive at 75MM?

Talk of the gap seems to have excluded this mornings gap that hasn't been filled. A conundrum. Does it fill this mornings gap and fall back?

This selloff has put me in the red also. I won't add any above .10. I think this support it caught now will be temporary and more drop to come.

I agree

Amazing all the "DD" that is claimed to be JBZY, a company with a few patents.

Yea, I bet all the people that bought 100's of millions of shares in the teens are pretty happy! They're still down 90+%. Everyone will be real happy when the RS comes and then another billion shares gets converted and the price goes back to .01.

I keep thinking I am going to liquidate my position which would take a little while, but everytime I put up 50 or 100k it gets gobbled up very quickly. Keeps me thinking there is something we don't know.