Progressive Care Inc (RXMD)

[Stcgg]

RXMD has allowed the conversion to be the lower of a nickel or market. The term 'market' is the floorless aspect of this deal, the lower the market price, the higher will be the dilution of the common stock converted. This isn't rocket science.

It is an incentive for the LP Investor to short the stock as dilution is in play as well as ultimate control of the company via # of shares required at lower market prices to pay the debt with shares. However the primary reason an Investor will short the shares is to guarantee his profits, in this case by shorting a dilutive share arrangement, his short position becomes profitable along with increasing the number of shares the company will need to convert (dilution) that increases the size of his position.

No ulterior motive here.. its elementary.