Lol oh I don’t own this! I have 10,000 shares of FB I grabbed at 20 when they gapped down after the IPO at 40. Maybe you should find something like that too and don’t worry about what I’m doing

Agreed

Who knows I could be wrong but seems like we need a Democrat back in office. Load up when it gets real cheap and hope the Dems find someone to dethrone trump

Profit or net income is way down but revenue is up. That’s good but how much of that is in AR that they will have to write off?

Is anybody going to say it. This looks real bad and the stock will probably tank tomorrow back down to .06. They are getting screwed by the current state of the healthcare industry

The stock should correct a percentage consistent with the dilution but seems to have over shot to the downside which gave a good opportunity to go long

Putting in my .02 cents no pun intended. I read a lot here but rarely have time to post! Good luck to the longs and goodnight!!

And the other thing is they wouldn’t even have done the issuance if they weren’t 100% sure that they could take the stock price 1000s of % higher. The restricted stock is their pay for everything they have done for the past years and all the future work. They all want to cash out multi millionaires. Fair value of this is .30 - .50 based on multiple future sales and m and a activity. If you’re not a bull then you probably do t know what day it is

Maybe you don’t understand restricted stock. What happens when the 1 year period is over is nothing. Management continues to hold the stock and try and raise the price. The stock is already considered outstanding and 40mil shares is less than 10% of OS so it’s dilutive but very minor.

The whole point here is the the shares being issued to management is the best thing that could have ever happened. You think the ceo wants to sell her 4 mil shares tomorrow for 400k? Lol

No she wants to sell them at 2 bucks for 8 million. So what’s good for management is good for shareholders!

Who cares about a reverse split. If it happens it’s years away and it would only be to list on the Nasdaq and to meet the minimum price per share requirement which would me holders of the stock would be rich by then

Wow I can feel the momentum in the room building like the hot magma in a volcano on the verge of erupting! We have management and investor goals aligned with the restricted stock, a proven model being applied to a new location, licenses for many more, small fish getting bought by the big boys i.e. pill pack takeout, above the 50 and 200, a board member who’s the ceo of a Nasdaq company, new naked shorting rule. Price to sales ratio 1.5. Positive gaap net income. And the stock is still cheap. Should be .50 based on the pill pack premium.

Load up! Sale price. Won’t last. Everything must go. Lol relax

John I don’t think that is a stretch. .20 would give the a sales multiple of three and considering the growth potential, good management and perhaps a Nasdaq listing someday .20 seems like a bargain.

Such a bargain at .11. Watch the presentation and this business is needed and it is scalable and they help insurance companies control costs. In other words this is a growth machine and a buy and hold and get rich

Wow just read the letter from the CEO. That’s what you get when you pay management with company stock!!! You get management and shareholders aligned with the same goal. Higher share price. Plus everyone is locking up shares now too. If you are short this stock you’re gonna pay dearly as it rises to 30 over the coming weeks. March sales 2 mil plus next catalyst

Ok 10 more days like this an we’re at FV. Lock up the shares bulls!!

Look at the March 16 news. They did 1.9 mil in sales and this is the slow part of the year. Annualized that’s 23 mil. We could be looking at 25 mil this year. A 25% increase. This is going to the moon. All sell offs are just a buying opportunity

Yes they are gonna uplist and grow by acquisition to strategically underserved markets! Eventual Nasdaq listing and 100 mil revenue is the goal!

It’s 36 million and should have affected the price not at all or a penny when it was at .20

Let’s stick to fundamentals. Is 1.55 a cheap multiple for the industry and can someone tell me?

I did the math. Rxmd has 352 mil outstanding. Just gave 36 mil in restricted stock to senior management. Most of it to armen karapetyan who is the head of business development. At 8 cents a share the market cap is 31 mil. 388mil x .08. 20 mil rev gives a 1.55 multiple.

Armen getting 20 mil in shares and the rest to other execs is a good thing. Now they have incentive to increase the stock price.

Maximus the Merciful

About 1.5 times revenue lol. How does one not load up on this.

Gap up eod lol look out tomorrow!!!

If you read the post it at the top of the page. The earnings call transcript that should be all you need to go long. The institutional buyers are coming in now on the level 2. .30 very soon

Did they buy or is it stock based comp. big difference. Who know the facts

Maximus

Finance 101 here. Market cap roughly 100 mil. Revenue 20 mil. Net income 100k. Right row would somebody pay 100 mil to buy them plus takeout premium? If so, why? It’s got to be because of future growth prospects. What are they?

Excellent post very rationale and accurate.

Maximus the Merciful

Thank you thank you thank you thank you for the sell off

Maximus the Merciful

Must not be financially savvy. This is not negative. It is very positive and dip should be bought.

The filing is a huge positive. Measures are being taken to turn the company around and up list. Authorized shares does not mean issued it has no dilutive effect. And there is nothing wrong with a reverse split sometimes it works and sometimes it doesn’t. For example Citigroup although a large cap stock a lot of you may know it. They did a reverse split at 5 to 50 and nowThey are at 75. It was a successful turn around just like this will be.

Exactly my point. Why would they want to own something they diluted down. Also if they convert they would likely sell into the market and they want the best price possible

billy I’m saying that the max allowable to be converted is 577 and 117 has already been. There is 269 mil outstanding and the possibility of 460 mil more but the convertible holder wouldn’t convert all in a short period of time like that and sink the stock. It wouldn’t be catastrophic either if they did. Would put them at 22 times sales. Not a terrible multiple considering growth rate and potential. Also Bruce Barron, google him. They think of themselves as part of the company so they will do what’s best for shareholders. They are pros. Considering all this I would not stand in the way of this freight train.

Maximus

Why would the holders of the convertible flood the market and crash the price it only hurts the shares they have. This cAlso the max shares that can be converted are 577 mil so worst case scenario the stock is fairly valued if revenue doesn’t go up.

Just read an article that there is a 5 year projected cobalt shortage coming and the democratic republic of Congo has 60% of proven reserves. This should be enough to get the road and financing for NICO! Stock once traded about 3 bucks mining copper and gold but this they will have cooper gold and cobalt could see 5 bucks.....accumulate

Meant proven reserves not unproven

Just read this article and did the math. Fortune owns NICO which has about 5 billion unproven reserves half or more in cobalt used in lithium ion batteries but their market cap in about 60 million? Lol. Even if the can’t start up mining which doesn’t seem like a problem they can sell it to the big boys and make a mint. 20 cents seems too low. Even with the uncertainty it should be a buck and when the mine starts up 2-5 bucks a shares would be fair value depending on how high cobalt gets.

3 Well-Valued Cobalt Miners To Buy Right Nowhttp://www.seekingalpha.com/article/4138649

Thanks for the support. Also enjoy your commentary on the convertible. It’s the only thing about this stock that needs to be explained to the less sophisticated. Long story short. It’s not toxic and the dilution if any will be more than compensated for by share retirement and increased earnings. Bottom line if your short then you’ll be taking it in the shorts!

The stock is a winner. The numbers support it. The industry, the management. Everything is right. I will enjoy watching the shorts be spanked for their poor behavior. And remember the loss on a short is unlimited. Don’t lock your shares up let them be borrowed as they will eventually juice up you’re return when the incessant covering starts. I’m warning the shorts now. Yours truly.

Maximus the Merciful