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The entire business revolves around convenience and home delivery, not having people wait in line for 30 minutes. I would wager they don't have a lot of in house pick ups considering they offer free delivery. On top of that, one would assume they would have staff dedicated to taking calls unless they are completely inept at planning and organizing their services.
They are retiring 5.5 million company owned shares, which offsets any dilution. Does anyone research anything?
Millions of already unrestricted shares Dave. Why isn't management having a fire sale yet?
The press release specifically mentioned mail order as well. They are licensed in my state so if they roll mail order out I will be a customer.
So if you retire 5.5 million and then issue 5 million @ 6 cent for the sum of $300k... that equals dilution?
Ohh look someone else didn't do home work, 5.5 million shares to be retired. Share structure would remain the same.
400 ansin blvd hallandale beach fl Pretty good location, right off I-95.
What dilution? They are retiring 5 million shares owned by pharmco... which just happens to be $300k worth of stock. They could sign those over or retire and give a note. Either way structure remains the same. Wrong as usual.
Don't forget the company intends to retire 5 million shares. They are probably just going to give them to the seller instead to cover the note.
I'm putting my money on them buying out a small chain of locations, or merging with a small/medium chain that wants to rebrand with new leadership.
I don't agree with you often, but like I said, this is even more ridiculous than MTAC.
I trust nothing that uses @gmail as a business email account. How about a phone number, or website? This is sillier than the MTAC garbage a few months ago and they at least incorporated a fake company. Lol I still believe this is a good, although risky investment, but fake news doesn't help anyone.
It was CFGN that sold them off so I would think that is pretty likely.
It isn't fluff to a care provider when their bottom line is directly influenced by the medication adherence of their patients. but maybe its fluff for a random person with no position in the company.
Also, the PR has as much to do about the company making strides in medication adherence and being able to market that to customers and care providers than just a BONUS.
How is that, can they see into the future and tell us how many claims they are going to send to humana next month? LOL
All drugs have different costs, margins, and I would assume payment amounts from insurance. They would have to list thousands of products and the bonus for each.
Do you know a marketing/public relations firm that works for free? Maybe you should submit them in an email to armen.
Promoting your company to investors and using an outlet to publish PRs and CEO interviews is apparently a bad thing. CMW still working too, so its doubly bad. Hahaha
I guess Small cap voice should work for free to market stocks? Wouldn't that affect their margins? Lol
I guess it is good that there is a 35% increase in revenue over last year then huh? The overhead percentage for that location went down too. Hahaha
Yawn... OH NO! IT COST MONEY TO DO BUSINESS! Did you even read the post? Higher revenue means overhead from corporate expenses is dispersed better.
You can do some simple math and find your answer. JimmyQ revenue chart will make it even easier. But whatever the case, PharmCo revs didn't decline.
You do realize that higher revenue means a lower percentage of said revenue is taken up by the overhead. Lawyers, corporate salaries, auditors, accountants, licensing ect...
The sell at .059 was more than likely was CV. But yes, t trades are not always dilution
Actually about 150k worth of T trades... even better!
105k T trade today, these extra shares being sold off by CV are going to dry up real soon... days.
Reminds me of ENRON!!!
OMG JUST LIKE ENRON!
ENRON!!!!
If a reputable, widely used investment banker approaches a penny company about investing in it, I would say that's pretty flattering and a good thing. Certainly is a big hit to all the negativity on display from certain patrons of the board.
They also wouldn't sell millions of shares before a massive 26 cent run.
You refuse to put up any data that supports your assessment that becoming SEC compliant is near impossible, it flies in the face of why the SEC exists. The CEO even laid out the steps it takes.
"So we are really excited. We began the process of putting together our registration statement. The Sec is going to require us to submit a registration statement in order to reregister with the SEC and become compliant. And then there will be some sample memory forms that we will have to do to get current. Other than that, other than approval of a registration statement there won't be anything else, so we do believe that if it's not this year it is absolutely going to be by March 2019 when the 10-K is due. At that point we will have three years of audited PCAOB, audited financial statements and in our experience and the work we've done with our attorneys and the reaching out that we've done with the SEC and people that know the SEC very well, we are certain that if they come back with comments about third year as opposed to two years in the registration statement, we'll be able to deliver that no later than March 2019. So we are well on our way. We work with our attorneys, we've submitted them - submitted to them any due diligence documents that they require to begin producing that registration statement. They are working fully on that."
I'm hoping they come to my city soon, they have the license and I'm tired of spending 20 minutes at publix to pick up maintenance meds.
Your burden of proof buddy, I'm not the one making the claim regaining compliance is near impossible.
Good luck
I cant find any stats of what you speak, I did find numerous articles about companies regaining reporting status. Post a link.
Better call up the company and let them know that reporting to the SEC is impossible and they are wasting money.
Glad to you have on board. If people are anything like me, they probably get tired of the daily barrage of negativity and false info everyday and are quick to hit back. Happy trading!
Anyone know if they have posted a recording anywhere, only made it through 40 minutes before life got me. Lol
Exactly, so what is he so bent out of shape about? Nature of the business. Considering the push to combat opioid abuse, topical compounded pain creams could easily start getting a better rate, especially if pharmacies start axing the service to cut costs.