Praxsyn Corp (PXYN)

[DartmouthDan]

But what does "$4 million in PPO approved claims" mean? is it $4 million in sales for February? or $4 million in claims it gets paid a commission on? Why not just say it has sales of $4 million for February? Must not really be sales. Who knows what it means? It means buy the stock, right?


Edit--the press release actually states that the company "has final committed amounts in excess of $4 million for approved preferred provider organization (PPO) claims dating from February 1, 2015 through February 28, 2015 from 15 of its 28 licensed states across the country."

Tell me, people, what does it mean to have "final committed amounts" for claims? If this is for February, that month is already over. They are not sales. They are some other mushy PR representing possibly someone committing to $4 million in something.. just not "sales."
The month is over. If they had sales, they should call them "sales" or "revenues." They make you THINK they are sales but they are not. They are "final committments" but they are not sales.