Progressive Care Inc (RXMD)

[INSTATRADER]

DEBT UPDATE V

Just so people understand how these numbers are drawn, take the gross shares traded on the day and divide it in 2. That is the estimated number of shares entering the market through TARPON debt selling. Take the average price sold each day and multiply by that....


11/2 we traded 7.9M shares @.0088 avg = 3.9M new shares *.0088 = $34,000
11/3 we traded 6.9M shares @.0084 avg = 3.45M new shares *.0084 = $29,000
11/4 we traded 5.3M shares @.0084 avg = 2.65M new shares *.0084 = $22,000

$34,000
$29,000
$22,000
$85K debt off the books in the last 3 days

$127K Debt 10/28
.-85K
$42K remaining

I will update again Friday if no PR.

I think what I will do after Friday is just count shares. If we trade 20M in GROSS VOLUME with BKRT VNDM or VFIN around, we can say without a doubt that the debt will be paid off. That accounts for everything

O/S was est. 303M 10/28. It is est. 314M today