Progressive Care Inc (fka RXMD)

[boothjp21]

THE FOLLOWING IS INFO FROM INSTATRADERS MEETING 6/1 AT MARCUM...

Q: You mentioned we are seeking $2M in private funding for 1 or 2 acquisitions. What do you expect to get for $2M?
A: We are looking at smaller companies with owners looking to sell because they are retiring, or had enough. One company in particular has licenses in all 50 states. We are interested in those licenses as well as the relationships and contracts they have. That is what we are buying.

Q: Anything cooking on that front?
A: Yes, we have targeted 3 companies so far, and are deep in talks with 2. Already have price agreed upon, just working out terms etc.


One company down, one or two to go.