Progressive Care Inc (RXMD)

[INSTATRADER]

If you are in this for a quick flip look elsewhere. You could get seriously hurt in short term fluctuations. If you are here for an investment in an up-incoming company and if you can get a solid base of shares now you can be ready for they next big news announcement and there are plenty of possibilities in the next couple of quarters:

1) new M&A news
2) update on CAREMED
3) Q2 financials Q3 financials
4) debt payoff and share structure updates
5) updated #'s on our new 340B revenue stream starting 10/1

All 5 of these upcoming releases have no downside that can be reasonably perceived by simply assuming. Base the expectation on the previous 7 months and you know the income is heading up, the margins are heading up. The debt is dropping, the CAREMED deal is no lose for us as we all have essentially written it off at this point. Any new M&A deal would rival that one in scope which would be hugely beneficial to us through pricing power alone. The debt payoff is going down in some cases $50k+/day. A reasonable ceiling for total O/S when debt is fully paid will be no higher than 200M-210M MAX. That includes everything AND a partridge in a pear tree. If those relatively certain points are not worth an investment here best to look elsewhere.