Progressive Care Inc (RXMD)

[bigjuice]

It's the facts man. If you guys would accept the facts, then I would drop it.

During the conferences, they were in talks with 3 possible targets of acquisition.

They had 2 out of the 3 in final stages of negotiations. They stated during the conferences that they were negotiating terms.

Now they are not proceeding with the acquisitions.

Did they have some super secret acquisition targets that they did not talk about during the conference? If these are not the same as the ones they spoke about during the conferences, why would they bring it up now? The whole thing is a concern and is slightly fishy.

They said in the PR that they were disappointed but that they would have to move on. If they are disappointed, why can I not be?

They either decided to twist their own words by saying that they were originally looking at small pharmacies and now they are calling them home health care agencies, or they had secret acquisition targets that they did not talk about (and randomnly decided to bring up out of nowhere. they could have easily just left it out of sight if we did not know about them). This is a concern and slightly fishy.

I believe that some word twisting was done to negate some of the disappointment. No more licenses, no more acquisition targets. Starting over.