Progressive Care Inc (RXMD)

[OhManIDied]

VNDM showed up, consider these possiblities!

He can be:

1) a front for dilution in an attempt to shake shares loose

2) a front to engineering the chart for the next leg up (perhaps with news pending a prepared chart for release

3) legit dilution of a new tranche of Tarpon (most likely)
-- given that they waited for the new leg up to finish and the chart to be a overheated, I believe the dilution will be done responsibly with the shareholders and company in mind. (responsible dilution does happen from time to time)
-- I estimate the maximum current OS to be no greater than 60M, therefore he cannot have more than 6M shares


The important thing is that we have already factored his return and subsequent dilution into the CONSERVATIVE share price target of 0.11 (see the stickies)

Don't panic but instead consider this an opportunity to buy. It won't surprise me for a second if Mr. White and his friends anticipated this and are going to buy everything VNDM and the weak hands have to offer while supporting the chart.

We needed this consolidation for the chart.

The 10MA is crossing above the 200MA (Monday) and I bet they will be scooping to defend this important price on the chart.

Refer to these posts, nothing has changed!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109782837
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109782472

RXMD