Progressive Care Inc (RXMD)

[osbuser]

I think getting licenses is good but more important is engaging sales force in those states. By looking at the approval rate it took 2-3 months and important thing to note is approvals for each state is independent and if RXMD is to apply for remaining 40 states we can easily get them by end if year but if we don't engage sales force in timely manner then these approvals will expire in one year and we need to renew them again. So IMO we need to get the robot first and maximize its throughput and expand to other states by employing more sales force and increase the benefits from out of state licenses. Slow and steady is good. We will double the revenues if we get 10 licenses especially NE area by EOY as RXMD mgmt has already have very good contacts in these states. I am very excited already to think if RXMD can start servicing all 50 states there is no doubt we can achieve 100-150 Million revenue target. I will leave the PPS target for your imagination.

Long and strong.