Progressive Care Inc (RXMD)

[holt69]

This company is profitable (a rarity for an OTC stock), has been increasing its revenue for 2 years, has a robotic dispensing system that will allow them to increase revenue even more in the near future, and is actively looking to expand. Check out the monthly revenue figures from the second quarter, comparing last year with this year:

April 2015: $1.04 million April 2016: $1.4 million
May 2015: $1.15 million May 2016 $1.4 million
June 2015: $1.11 million June 2016: $1.7 million

The second quarter revenue increase is close to 37% from 2015 to 2016. Not bad, eh? Oh, good point. It's not 40%. Yeah, I'm upset about that, too! Slackers!

If you're bashing the Midam Ventures deal, you're just looking for things to complain about. This stock is traded on the OTC Market, where we've got a lot of pathetic companies that have nothing to look forward to aside from a reverse split or a random update with meaningless information. To get the word out on Progressive Care, hiring a company like Midam Ventures is a big help so potential investors can distinguish from your standard BS company with a reverse split on the horizon, from RXMD, a legitimate company with what a lot of us think is a bright future. If RXMD were traded on the NASDAQ, the Midam Ventures deal probably wouldn't be necessary.

Sources:

1st Quarter Net Profit: http://www.otcmarkets.com/financialReportViewer?symbol=RXMD&id=155070 (page 6)

Robotic Dispensing System Information: http://www.otcmarkets.com/stock/RXMD/news/Progressive-Care--PharmCo-Purchases-ScriptPro-Robotic-Dispensing-System?id=124060&b=y

Shareholder Update Regarding Expansion: http://www.otcmarkets.com/stock/RXMD/news/Progressive-Care-Issues-Shareholder-Update?id=134161&b=y

April Revenue Figures: http://www.otcmarkets.com/stock/RXMD/news/Progressive-Care-Posts-Strong-April-Results-With--1-4-Million-in-Revenues?id=131379&b=y

May Revenue Figures: http://www.otcmarkets.com/stock/RXMD/news/Progressive-Care-Continues-Year-Over-Year-Growth-With-17-500-Filled-Prescriptions-in-May?id=133984&b=y

June Revenue Figures: http://www.otcmarkets.com/stock/RXMD/news/Progressive-Care-Monthly-Revenues-up-53--to--1-7-Million?id=135949&b=y