Praxsyn Corp (PXYN)

[ItsMyTurn]

Working Capitol Deficit Shrinks from 3.3M December 2014 to 1.7M in March 2015.

So As pointed out with a negative spin - they do have ~ 2M Deficit but on the positive side - they still have cash on hand and are improving on the deficit. It's all on how biased one is when presented.

Is this a concern...of course. Is the reduction significant...yes. The reduction is 1.6M in a quarter. Not bad for a penny stock trying to make a go of it. IMO. I would look for this number to improve in the next quarter release

We should all keep an eye on this figure the poster was key to emphasize as it is important to the health of this business. Any hiccups in operations can cause this to spiral out of control. Especially if the lawsuit ends unfavorably.

I have worked with many startups that operate on a deficit and generally get additional VC money to continue operations. Not the case here as it seems they cant get bank financing at this time. The only choice they have is to sell more product or shares as they expand the business. Why else would a "legitimate" company go public but to generate working capitol to grow their operations. I said legitimate so don't diminish this suggestion with a stock selling scam reply.

The main issue at this time as I see it is uncertainty. I believe the quarter results will be favorable but no significant rise in share price until this looming lawsuit ends in a positive win for Praxsyn. Should they lose..the naysayers will be correct and the share price will drop accordingly until they recover from this loss...if possible