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Progressive and NextPlat's VP, Rodney Barreto, is the Membership Chairman of the Florida Council of 100.
https://www.progressivecareus.com/board-of-directors
Florida Council of 100 is representing over 140 companies and 1.3 million Florida workers across our state, the Florida Council of 100 works to improve the quality of life and economic well-being of all Floridians through the relentless pursuit of better, business-driven public policy.
https://fc100.org/
Barreto personally invested more than 3 million dollars in Progressive Care. Let this sink in.
The conference was presented by Baptist Health, which is recognized as Most Awarded Healthcare System in South Florida based on U.S. News & World Report 2023-2024 Rankings.
https://newsroom.baptisthealth.net/press-release/baptist-health-recognized-as-most-awarded-healthcare-system-in-south-florida-2023
NextPlat is becoming a healthcare company. The VP, Rodney Barreto, is a member of the Baptist Health South Florida Giving Society, and is the Membership Chairman of the Florida Council of 100.
https://www.progressivecareus.com/board-of-directors
Not a big surprise Baptist Health will select Charles Fernandez to speak at their own Coral Gables Chamber of Commerce Conference to talk about NextPlat's healthcare plans.
We have to ask why he was selected to the panel representing NextPlat with all these prominent speakers from world-known companies and with the state senator.
Charles Fernandez, Progressive and NextPlat's CEO, attended the Breakout Sessions V featuring inspiring speakers and engaging discussions at 2023 Coral Gables Chamber of Commerce “Lights, Camera, Action” annual conference on August 25 at 3:15 pm. The other two speakers in the session sitting with him are Miami Marlins' President of Business Operations, Caroline OConnor, and OneSpaWorld's Chief Commercial Officer, Susan Bonner. Some other speakers include Florida State Senator Ana Maria Rodriguez, who has been leading the PBM reform in Florida to lower the cost of prescription drugs and for the benefit of patients and independent pharmacies, and Microsoft Sales Director JP Melo talking about AI and the Future of Business.
https://www.instagram.com/p/CwF8J6nu6RA/
https://www.linkedin.com/posts/activity-7101171450400661504-A85z?utm_source=share&utm_medium=member_desktop
Charles Fernandez, Progressive and NextPlat's CEO, attended the Breakout Sessions V featuring inspiring speakers and engaging discussions at 2023 Coral Gables Chamber of Commerce “Lights, Camera, Action” annual conference on August 25 at 3:15 pm. The other two speakers in the session sitting with him are Miami Marlins' President of Business Operations, Caroline OConnor, and OneSpaWorld's Chief Commercial Officer, Susan Bonner. Some other speakers include Florida State Senator Ana Maria Rodriguez, who has been leading the PBM reform in Florida to lower the cost of prescription drugs and for the benefit of patients and independent pharmacies, and Microsoft Sales Director JP Melo talking about AI and the Future of Business.
https://www.instagram.com/p/CwF8J6nu6RA/
https://www.linkedin.com/posts/activity-7101171450400661504-A85z?utm_source=share&utm_medium=member_desktop
Everything they are doing is to prepare the to-be-combined company for the Nasdaq. They will do this the right way and will give the Street a big good surprise. Charles, Rodney, Ellenoff, Frost are all top market leaders in each of their own territories.
NextPlat hired IBN for their investor relations services. In the past 6 months, about 90% of their weekly promotional articles published on tens of major news websites are all talking about NextPlat’s future in Healthcare industry. NextPlat approved all these promotional materials that have been published according to their agreement.
Blockchain Could Help Improve Security, Transparency in Healthcare eCommerce
August 25, 2023
Since e-commerce will likely increase the amount of patient information flowing into e-commerce, adopting technologies with airtight security features will be crucial to securing patient information. Thanks to its cryptographic nature, blockchain technology makes it virtually impossible to alter previously recorded data without leaving a trace. Furthermore, blockchain would also require encrypted keys to access information on medical histories, prescription details, and patient records, significantly reducing the risk of unauthorized data access and breaches which can result in medical fraud and identity theft.
Blockchain technology can also help to prove the authenticity of products provided by virtual healthcare providers. Since the industry will deal with medications, supplements and medical devices, ensuring their validity will be critical to protecting customers and building consumer trust in virtual healthcare. Distributed ledgers will allow the documentation of every step of a medical product’s journey from manufacturing to retail sales, ensuring a much higher degree of control over product authenticity and quality.
With various enterprises such as NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW) getting involved in healthcare e-commerce, it may not be long before innovations including blockchain technology are integrated into the platforms offering healthcare products and services.
https://www.biomedwire.com/blockchain-could-help-improve-security-transparency-in-healthcare-ecommerce/
Charles might be waiting for Progressive’s Q to show profit before combining the business and converting RXMD to NXPL so the Street’s reaction can be more positive, which will be good for the stock price.
At the end of the day. It’s useless. lol
Elizabeth Alcaine, Progressive's new director, is the mother of the owner of AskVetMD, Tiffany Ruiz Dasilva. LOL. Since day 1 the news was announced, I have been confused about her background in the PR that says she was the cofounder of the company in 2017. But AskVetMD was not officially registered until May 14, 2020 by her daughter in PA. The company's website has been discontinued. But the PA registration seems still active. This can explain why she still has a so called "Consultant" title as of now. At least she's not lying. Maybe she has some ties to Charles.
Everyone knows everything, but nobody does anything. LOL
My RXMD comrades here, my point saying all these here is just that such arguments are pointless. No matter what you say, it does not matter. So let’s shut up and focus on buying more RXMD.
Why did they check my ID last time when I legally visited that place, but not when I’m trying to vote for the person sitting in that white house? Very biased!
How about the White House’s 12ft tall all metal fences with all those dudes standing on the roof top holding guns ready to shoot whoever trying to climb over? Extremely Biased!
Charles Fernandez, our billionaire CEO, is one of the most biased people on planet Earth. He owns several muti-million dollar beach houses that are fully fenced with the most advanced ADT security system. He should keep his mansion’s gate open!
The funny thing is every good high end community is all guarded and fenced. Every house has a door on it. Why should we need doors?
The title is biased. Lol. Just sayin
One of the most ridiculous things I have experienced financially in my 50 years of life is about 7 years ago, a $4 balance on my Macy’s card turned into a whopping $125 late payment because the freaking monthly statement somehow landed in my junk mailbox for 3 months straight. By the time I finally saw the notice, the interest rate they put on the $4 has gone up to 39%!!!!!! They also charged me $35 late fee each month, which is being charged at 39% interest too!!!!!! @#*!$! The worst nightmare is after almost 7 years, my credit report is still showing “One freaking late payment” on my record. SMH
But look what these extremely irresponsible banks have done to the nation when they got bailed out by the government with trillions of taxpayers’ money and put the whole nation on the brink of collapse. Who are charging them 39% interest rate?!
China has been predicted to fail very miserably for the past 20 years. LMAO. If we have to look at who will be the ultimate collapse of the world, no need to look further. Who has a national debt that is over $32 TRILLION and keeps blowing up everyday?
Insider Intelligence Data Projects Health, Personal Care, Beauty eCommerce to Grow Fastest
August 21, 2023
Insider Intelligence predicts that e-commerce sales in the health, beauty, and personal care segment will grow by 18% to reach $130.5 billion in sales this year. Furthermore, the segment will eventually surpass food and beverages as the fastest-growing e-commerce segment in 2024.
The research firm adds that the segment can expect double-digit growth until it achieves $200 billion in e-commerce sales in 2026, mostly thanks to increased consumer demand for online shopping because of the ease and convenience it offers.
E-commerce has been a major component of trade in the U.S. and across the globe for decades, allowing businesses to reach a significantly larger market while giving consumers access to goods and services they normally couldn’t obtain.
For companies that have a presence in the healthcare e-commerce space, such as NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW), the projected growth could enable them to deliver greater value to their shareholders.
https://www.biomedwire.com/insider-intelligence-data-projects-health-personal-care-beauty-ecommerce-to-grow-fastest/
Insider Intelligence Data Projects Health, Personal Care, Beauty eCommerce to Grow Fastest
August 21, 2023
Insider Intelligence predicts that e-commerce sales in the health, beauty, and personal care segment will grow by 18% to reach $130.5 billion in sales this year. Furthermore, the segment will eventually surpass food and beverages as the fastest-growing e-commerce segment in 2024.
The research firm adds that the segment can expect double-digit growth until it achieves $200 billion in e-commerce sales in 2026, mostly thanks to increased consumer demand for online shopping because of the ease and convenience it offers.
E-commerce has been a major component of trade in the U.S. and across the globe for decades, allowing businesses to reach a significantly larger market while giving consumers access to goods and services they normally couldn’t obtain.
For companies that have a presence in the healthcare e-commerce space, such as NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW), the projected growth could enable them to deliver greater value to their shareholders.
https://www.biomedwire.com/insider-intelligence-data-projects-health-personal-care-beauty-ecommerce-to-grow-fastest/
As stated in NextPlat's 10Q, "beginning July 1, 2023, NextPlat to include in its financial reporting Progressive Care's financial position, results of operations, and cash flows". Progressive is highly expected to show major profit (> $1M?) in the next 10Q based on the company's consistent fast growth in both revenue and profit margin, especially with the total elimination of the convertible debt that was reported in the second quarter. If NextPlat could spin off its current unprofitable Orbisat biz during the third quarter, its financial report will look much much better with Progressive's numbers in its book. On top of this exciting business combination with Progressive (if they could officially merge), NextPlat's partnerships with multiple other businesses in Florida that are selling healthcare products through them to China will be a perfect addition to the company's quarterly report. The company might even finally launch the so called "NextPlat Digital Platform" in this quarter. Progressive Care will absolutely enjoy the marriage with NextPlat because the Street will show very positive reaction to all these moves.
As stated in NextPlat's 10Q, "beginning July 1, 2023, NextPlat to include in its financial reporting Progressive Care's financial position, results of operations, and cash flows". Progressive is highly expected to show major profit (> $1M?) in the next 10Q based on the company's consistent fast growth in both revenue and profit margin, especially with the total elimination of the convertible debt that was reported in the second quarter. If NextPlat could spin off its current unprofitable Orbisat biz during the third quarter, its financial report will look much much better with Progressive's numbers in its book. On top of this exciting business combination with Progressive (if they could officially merge), NextPlat's partnerships with multiple other businesses in Florida that are selling healthcare products through them to China will be a perfect addition to the company's quarterly report. The company might even finally launch the so called "NextPlat Digital Platform" in this quarter. Progressive Care will absolutely enjoy the marriage with NextPlat because the Street will show very positive reaction to all these moves.
NextPlat will announce those “multiple partners that will sell healthcare products through NextPlat on TMall Global” when the agreements are finalised according to their most recent Q. That can be exciting.
Interesting fact: The Miami mayor FRANCIS SUAREZ, the person who made a 3-minute video just to congratulate NextPlat on their Florida program in April 2023, is now running for President of the United States.
https://www.nextplat.com/florida
https://www.cbsnews.com/amp/news/francis-suarez-running-president-miami-mayor/
Don’t forget Phillip Frost, the healthcare billionaire. He invested more than $6 million in NextPlat earlier this year. There are also scores of other smaller individuals and companies that invest in NextPlat with a total worth of about $5-6 million after NextPlat’s huge investment in Progressive Care. They know the company’s current Orbisat biz will be spun off, but they still park so much money here with NextPlat/Progressive Care. These big investors obviously seem to know more than you and me.
Of the group of investors that paid off Progressive Care's $2.8M debt, NextPlat paid $1.25M, Charles, Rodney and Sixth Borough Capital Fund paid half million dollars respectively, Daniyel Erdberg paid $125K.
https://www.sec.gov/Archives/edgar/data/1402945/000149315223016406/ex10-3.htm
Sixth Borough Capital is Dawson James Security's sister company founded by the same owner, Robert Keyser. Dawson James Security is Progressive's Investment Bank. Robert Keyser is the No. 4 biggest investor of NextPlat, owning about 2.5M shares of NXPL directly and indirectly through several of his own companies.
https://www.sec.gov/Archives/edgar/data/1058307/000149315223003515/forms-3a.htm
Page 13
Daniyel Erdberg was the CEO of Drone Aviation. The CFO of this company, Kendall Carpenter is the Director of NextPlat.
https://ir.nextplat.com/company-information/board-of-directors
https://www.linkedin.com/in/dan-erdberg-a63425a3/
It's a small world. One thing that connects all these different rich people is they all invest in Progressive Care along with Charles Fernandez, Progressive and NextPlat's CEO. I am investing with them too.
Progressive Care's Growth Strategy
"We plan to grow our business by continuing to execute on the following key growth strategies:
Data Management Services. We believe that data management for frontline and independent providers, 340B covered entities, and pharmacies will have increasing importance as health systems evolve to become virtual and digitized. Increasing focus on performance, margins, and quality, means that our models and platforms will have strategic value through our roots in day-to-day care management. Data management services will become an increasing driver of growth and development for us with its higher margins and diverse monetization pathways.
Invest in Sales and Marketing. We are based in South Florida and will continue to grow our dispensing operations throughout the state, and there are opportunities to expand geographically throughout the rest of the country. Our data management services and health IT services can be used by customers across the U.S. and we expect to continue to invest in sales and marketing efforts for these services.
Selectively Pursue Growth Through Strategic Acquisitions. We believe the specialty pharmacy industry is highly fragmented and provides numerous opportunities to expand through acquisitions. While we will continue to focus on growing our business organically, we believe we can opportunistically enhance our competitive position through complementary acquisitions in both existing and new markets. We plan to selectively evaluate potential acquisition opportunities in other therapeutic categories, services, and technologies with the goal of preserving our culture, optimizing patient outcomes, enhancing value to other constituents, and building long-term value for our shareholders."
2023 10K, page 6
https://www.sec.gov/ix?doc=/Archives/edgar/data/1402945/000149315223009839/form10-k.htm
NextPlat homepage added a new line of business "SaaS Development" today. It says "Utilizing software as a service to help companies enhance their operations". The E-commerce Program is also added on the homepage with a direct link to the Florida program.
https://www.nextplat.com/
NextPlat homepage added a new line of business "SaaS Development" today. It says "Utilizing software as a service to help companies enhance their operations". The E-commerce Program is also added on the homepage with a direct link to the Florida program.
https://www.nextplat.com/
Progressive's ClearMetrX (dba 340MetrX) is being listed as a Trading Partner for TPI (Third Party Insurance) on Salesforce together with the nation's biggest names in healthcare industry (CVS, Walgreen, Walmart etc). Click on the drop-down menu of Trading Partner Name and you will see it.
https://mckpharma2.my.salesforce-sites.com/TPI
This is the future. NextPlat’s healthcare e-commerce engine needs a starter. Progressive Care has exactly what they want to start with.
Amazon Clinic Becomes Available Nationwide as Company Expands Footprint
……
Platforms such as NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW) are also expanding their foray into the healthcare space, a move that is likely to lure even more patients to online platforms offering healthcare products and services.
https://www.biomedwire.com/amazon-clinic-becomes-available-nationwide-as-company-expands-footprint/
“enabling it to capitalize on the large untapped potential we see in the pharmacy and healthcare markets.” Charles Fernandez.
https://www.progressivecareus.com/post/progressive-care-inc-announces-record-second-quarter-2023-results-with-revenues-of-11-6-million-and-gross-margins-of-31
The company is definitely on the right track. More prescriptions, another record high 340B revenue, highest profit margin in the history of the company, being taken over by NextPlat. Debt free. PBM fees are being restrained in Florida. NextPlat is selling healthcare products to China with multiple customers on TMall Global. Progressive will combine with NextPlat to replace their current Orbisat that is being spun off. The Street will start building positions once all the pieces are in place. The NextPlat Digital platform that their current Head of Digital Transformation is working on will be a game changer for everyone. $5 is ridiculous.
According to the Director agreement, each director gets paid $50K worth of stocks each year.
You don’t have to join every argument you are invited to. LMAO
This one was filed yesterday, I think.
What’s the new 8-K about?