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INSTATRADER

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INSTATRADER

Re: ulmadi post# 401

Friday, 04/21/2017 12:21:04 PM

Friday, April 21, 2017 12:21:04 PM

Post# of 5625
RXMD

We cant use the % profit only at this point because the company is GROWING...

They are plowing profits back into the company to grow..

1) Purchase new automated Rx filling robot
http://www.otcmarkets.com/stock/RXMD/news/Progressive-Care--PharmCo-Installs-ScriptPro-Robotic-System?id=143173&b=y

2) Present at INVESTOR CONFERENCES
http://www.otcmarkets.com/stock/RXMD/news/Progressive-Care-Slated-to-Present-at-SeeThru-Equity-Conference-in-Miami?id=151414&b=y

3) EXPAND FACILITIES
http://www.otcmarkets.com/stock/RXMD/news/Progressive-Care-Receives-Building-Permits?id=139347&b=y

4) Purchase NEW delivery fleet...
http://www.otcmarkets.com/stock/RXMD/news/Progressive-Care--PharmCo-Upgrades-Delivery-Fleet?id=129615&b=y

Best way to look at potential here is 1x sales minimally...

$22M expectation year forward sales... did $18M in '16 - Use the middle number of $20M and you get .058/share

$20M / 344M = .058
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