Well said Wang, all perfectly valid points. However, we are dealing with a CEO and BOD that always takes the illogical route.

I'm so fed up with Fernandez's lack of professionalism, communication & action as the share price continues to tank.

Yes, that's right. I am familiar with the 180 day rule after a company falls out of NASDAQ compliance.

The early morning rise seemed promising, however are correct JMCK. There's STILL no buybacks happending, despite the PR over 4 months ago saying they planned to do so. So many opportunities to buyback and nothing happens.

At this point, the delisting notification from NASDAQ is imminent. Can't wait to hear the story Fernandez serves up to NASDAQ in an effort to remain complaint after the notice is issued.

Otherwise, its just another notch of failure in the decades long track record of Fernandez the Flop. 🤬

There's no blackout period, VP. The share buyback status was discussed on the annual conference call and there was no mention of any sort of blackout period. That one gets his knowledge from a crackerjack box. 🤣

That was a short lived pop. 🙈 Profit takers swooped in quickly taking it back down.

Can't blame em, anyone who bought in the 40s and 50s banked about 35% profit.

They must be FINALLY starting the buyback in hopes of preventing the NASDAQ delisting notice next week. That's my guess, no news is driving the PPS rise.

The tinfoil hat theory wasn't far fetched after all, huh? One employee changing jobs is understandable... two in one week is a bad sign. IMO 🤔

Sure does sounds like a dispute occurred with the company. The simple fact that he doesn't provide the customary two week notice and chose to leave immediately is somewhat suspicious. 🤔

Does anyone really believe the company would say if there was a dispute? Of course they wouldn't. Two resignations in one week has to hint at something going on behind the walls of NXPL.

Fernandez has been dishonest from jump street; at this point I wouldn't trust his tounge if it was notarized. 🤣

We're beyond the point of lip service from Glickman. Drastic action must be taken by CEO to get this runaway train back on a positive track. In a just a matter or days NASDAQ will deem NXPL non-compliant.

Another fluff PR from Glickman without verifiable facts will not do the trick.

Internal staff has started to distance themselves from Fernandez the Flop. I'm sure we'll start seeing others leave NXPL as well.

Good move for him, he probably sees the writing on the wall and departed before the doo-doo hits the proverbial fan.

Agreed. Fernandez conveniently leaves out the details that allow us to verify the validity of these PRs. I recall them doing that once before when they referenced the deal with "a company" and failed to actually name the company. 🤦🏻‍♂️

For all we know the latest SATcom contract announced with the African Military could be deal made with a band of Somali Pirates. 🤣

More than likely it appears things will turn a deeper shade of RED sooner than later.

There's absolutely nothing in the pipeline that entices folks to buy NXPL. In about a week Fernandez will be getting his certified letter from NASDAQ for non-compliance.

Unfortunately that's the way it is heading, we been going downhill since the annual conference call.

That $5.4 million dollars is worth over 50% less now. In hindsight it's not much of an award/reward any longer on those gifted shares. Nor does it attract, motivate or incentivize key employee retention.

Fernandez has failed miserably.

Yessir, you bring the Southern flair & I'll have the Brooklyn Boys begin crafting his custom cement loafers 😁

ANOTHER 52 week low today 🤬 WTF

Fernandez has us on the fast track to inevitable delisting. They have an opportunity to initiate the buyback program yet have still failed to do so. We've all been screwed by this con man.

We're in Blood Diamond territory now with red handed Fernandez.

The "Wizard of M & A" has fallen flat on his face. No surprise for me. I dubbed him Fernandez the Flop shortly after he got involved with RXMD. My gut instinct held true.

Fernandez is an omen to emerging companies, plummeting share prices follow him wherever he has become CEO. A well documented track record speaks for itself.

99% on the BUY side this morning. Looking strong towards the upside

Lost count on how many new 52 week lows NXPL has made since the annual conference call. Fernandez is heading for a new personal best on tanking the share price; just like he did with Continucare and Big City Radio. 🤬

I agree Bear. We haven't heard anything worth noting about the Rx side of the business since the Merger occurred. These satellite contracts contribute a small percentage to the overall bottom line.

The larger revenue maker is the pharma side, yet we know very little about their plans to expand on that leg of the business. NXPL has never turned a profit under Fernandez's leadership.

How he remains CEO is baffling, the BOD needs to wake up and find a replacement in an effort to stabilize the downfall and attract new investors.

In a perfect world it should be in the Board of Directors hands. However, each one is more corrupt than Fernandez and they have gotten in too deep over their skis at this point. He should be voted off the B.O.D immediately IMO Fernandez's ego is part of the problem.

I always said Fernandez the Flop would cause the demise of another publicly traded company, just as he has done before. However, I was hoping to cash in my 1.46 converted RXMD shares before his lack of action caused the share price to tank. 🤦🏻‍♂️

Only 15 days remain before the NASDAQ non compliance rule of 30 days under $1 takes effect.

Unfortunately there is nothing in the pipline to attract new money here. That's why a short attack was so easy to execute at this price point.

This is a given based on Trump's tariff war with China. Fernandez needs to address the 50% stock price decline since the annual conference call. Even Amazon announced that they halted shipments of China based products.

Shareholders are interested in what he plans to do to fix that mess, not a fluff PR stating the obvious. SMH 🤦🏻‍♂️

PREEEEEACH BROTHER MACK, PREACH. 🙏

Gotta love the world play games Fernandez and Barreto played.

Saying "The Merger was completed on October 1, 2024 following approval by the stockholders".

Everyone knows the majority stakeholders were Fernandez & Barreto. Common shareholders didn't stand a chance; even if every RXMD shareholder voted against the merger the percentage of ownership was tilted in their favor.

Fernandez is using the word "approved" rather loosely IMO

Hopefully Jay slaughters them in court when the day comes.

They certainly have Gedi, shorts took it to another 52 week low today. Thats 3 new lows this week alone and Fernandez STILL hasn't initiated the buyback program. 🤬

Yesssir MrMike, he sure can and has done it many times before. Fernandez as CEO has taken companies with multi-million dollar market caps down to trading below .20 cents, massive losses follow him like a shadow. NXPL is following the same pattern.

Courtesy of Barrons.com

"Fernandez started the health-care company Continucare, with the backing of Miami entrepreneur Phil Frost and George Soros' brother Robert. Continucare spent $45 million acquiring South Florida medical practices, but as the roll-up failed to generate cash profits, its stock fell from 13 bucks to 19 cents. Fernandez stepped down as CEO in 1999."


"He soon was CEO of Big City Radio, a radio chain that he converted to a Spanish-language format. Over the next three years, it lost $90 million and its stock slid from five bucks to 10 cents."

Agreed. New episode, but still the same stale popcorn from Fernandez's snack bar.

Smart man JMCK, we have to take advantage of the pops when they occur.

Pre-market Shortvs Exitvs, perhaps? My guess is some group pumped this EOD and took a short position. Nothing from yesterdays news was meaty enough for $1 to hold

Show your work, where are the internal component made? A simple search disproves your theory. They may be assembled in McLean, Virgina @ Iridium Headquarters, yet the internal IC boards and components are manufactured by Motorola in China.

Fernandez should not be trusted. Don't know why you continue defending him. News today took stock to ANOTHER 52 week low, great news though right?

These PTT devices are made by Motorola. If you believe the chips and components in these items don't have a connection to China your sadly mistaken.

Motorola devices, now manufactured by Lenovo, are primarily assembled in China. 

Fernandez is caught in another lie, just like the buyback program that hasn't occured yet.

Im sure those devices are made in China, like most electronics are. With Trump slapping 104% tariffs on China now that contract just became an expensive endeavor.

Ecstasy and glow sticks will lead to bad decisions everytime. 🤣

Unless your name is Fernandez playing Hide n Seek with shareholders. 🤣 Read the article I posted a few days ago. Each company he became the CEO of has lost a tremendous amount of money. This is just another page from his playbook of failures dating back nearly two decades.

He's "liberated" over 3 TRILLION dollars from the market in 2 days. Biggest mistake he has made as Clown in Chief thus far.

New 52 week low of .64 cents, yet still no hint of them buying back shares; which was announced nearly 4 months ago. Unbelievable 🤬

Fernandez needs to go ASAP, he's done absolutely nothing to better the company, nor improve shareholder value.

You shouldn't Yooper... she's involved in the scam too & getting paid $125k to keep quiet. Chief of Fernandez's Shaft & Special Arse-sistant is more like it. 🤣 Gimme a break Charles.... your raising too many eyebrows with this behavior. Wonder what her Resume' looks like. 🤔

".... The Company paid an annual salary of $125,000 to Lauren Sturges Fernandez, the spouse of Mr. Fernandez, as Chief of Staff and Special Assistant to the Chairman of the Board."

Certainly Legend. It's a rather lengthy read, however it does provides some insight on how Fernandez has been conducting shady business practices for over a decade.

https://www.barrons.com/articles/SB50001424052748703927304576637270740785508

Correct Holt, that has been his M.O. as the CEO of multiple companies where the stock price tanked under his poor leadership. We can now add NXPL and RXMD to the following list of failures.

Courtesy of Barrons.com

"Fernandez started the health-care company Continucare, with the backing of Miami entrepreneur Phil Frost and George Soros' brother Robert. Continucare spent $45 million acquiring South Florida medical practices, but as the roll-up failed to generate cash profits, its stock fell from 13 bucks to 19 cents. Fernandez stepped down as CEO in 1999."


"He soon was CEO of Big City Radio, a radio chain that he converted to a Spanish-language format. Over the next three years, it lost $90 million and its stock slid from five bucks to 10 cents."

Yessir.... scum clings to scum. Now it's Fernandez's turn to be bent over a barrel. 🤟 Hope the judge in Delaware takes his past fiduciary duty failures into consideration upon making her ruling.

His lengthy pattern of misconduct is undeniable.