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Thursday, May 04, 2017 5:12:24 PM
Quote: A KIOSK IS NOT GROWTH
This Is Now Their New Version Of Growth.
That Happens When The Dormancy Sets In,
While They Look For More Equity Financing.
Nonsense that this has to even be defended. This is nurturing growth for PharmCo. Please read the following carefully left to right one letter after the next. Dormancy sets in when you don’t take the next innovative step within your market space. PharmCo is doing just the opposite of being dormant.
Century Village’s are large, gated retirement communities in South Florida. Of the four communities, PharmCo, has opened a resource center in Century Village of Pembroke Pines. The Pembroke Pines community has an estimated 15,000 residents over the age of 55. PharmCo, with its exclusive kiosk located within the village, is entitled to participate in all resident events and the ability to market the brand on the property.
The Resource Center will provide residents of Century Village with access to information about their prescriptions and the ability to video conference with a technician or pharmacist in the PharmCo filling facility in North Miami Beach.
"The residents of Century Village have been asking for pharmacy services to be located on-site," stated S. Parikh Mars, CEO. "It was quickly determined that PharmCo was the only pharmacy capable of meeting the needs of the residents with our free-same day delivery, extensive medication inventory, and staff of highly trained pharmacy technicians and pharmacists. We are excited about the opportunity to work directly with the residents of this retirement community and their physicians to greatly improve the quality of their healthcare services."
Quote: IT’S ALREADY MAY
It's May, And Absolutely Nothing Is Going On.
All Numbers Hit A Plateau, And Now Declining.
Half The Year Is Almost Over, While They Only
Repeat The Same Things Over And Over.
RXMD didn’t mention either of these accomplishments, events, partnerships, and programs last year, so explain how in the world absolutely nothing is going on:
Apr 13, 2017 Progressive Care Partners with Healthcare IT Company MDFlow Systems Press Release
Apr 4, 2017 Progressive Care Releases Audited 2016 Annual Report Press Release
Mar 31, 2017 Progressive Care Announces Fourth Quarter Conference Call and Webcast with Investors on April 3, 2017 Press Release
Mar 16, 2017 Progressive Care Increases Revenue by 36% for February 2017 Press Release
Feb 28, 2017 Progressive Care Increases Revenue by 22% for January 2017 Press Release
Feb 16, 2017 Progressive Care Slated to Present at SeeThru Equity Conference in Miami Press Release
Jan 25, 2017 Progressive Care Engages PCAOB Auditing Firm to Begin Audit of 2016 Financial Statements Press Release
Jan 23, 2017 Progressive Care: PharmCo Signs 340B Agreement with Community AIDS Network Press Release
Jan 20, 2017 Progressive Care Beats Expectations with over $18 Million in 2016 Revenues Press Release
Jan 17, 2017 Progressive Care: PharmCo Opens Resource Center in Century
Quote: NOTHING WILL EVER HAPPEN
Smart Medical Alliance Will Add Nothing.
Those Meager Revs Will Not Cover Costs.
Another Reason For Dilutive Financing.
Whether it does or doesn’t produce revenue is yet to be seen as it has only been in existence for about 8 months. But the hope is to garner some of the $1 billion dollar market share in this type of consulting, services of which they were already providing to their clients.
Sep 8, 2016 Progressive Care Enters $1 Billion Florida HealthCare MSO Market Press Release
Quote: THEY RAN OUT OF STORIES
Perception Is Wearing Thin On Those Stories.
Can't Keep Telling Same Stories Over & Over.
" Mergers, Acquisitions, Licenses, Up-Listing "
Non Of These Have Ever Come Through At All.
All They Did Was To String Everyone Out For
A Year, And Buying A Robot They Didn't Need.
Then They Did The Same Thing With An Audit,
But That Was Only For Financing Purposes.
Not worth addressing due to lack of Credibility, but I did see mentioning that an Audit was completed for FY 2016 of an 18.3 million revenue profitable company. Well on our way to uplisting to a worthy exchange.
Quote: WHEN ALL ELSE FAILS JUST
INVENT YOUR OWN CATALYST
When Nothing Good Is Happening, It Can Be
A Little Frustrating. So What Happens, Is That
Some Get Into The Habit Of Trying To Create
A False Perception Of An Impending Catalyst.
This Leads To Big Disappointments When
The Anticipated News Always Falls Short Of
Expectations... Laced With False Intentions.
These Intentions Of "Irrational Exuberance"
Just End Up Being One's Own Worst Enemy.
Looks to me that when all attempts at calculations are proven inaccurate by educated people, just start making bold headers with lots of broken sentences and “””””” to make things seem even more Irrational.
ALL CALCULATIONS BELOW HIGHLIGHTED IN RED HAVE ADMITTEDLY BEEN PROVEN BASELESS AND INCORRECT
FAILED PROJECTIONS
-------------- AND --------------
C O N T R A C T I O N
MINIMUM NEEDED FOR
APRIL TO STAY EVEN
Scripts: 19,572 / 25 W-Days = 783 vs 728
Rx Rev: 19,572 X $89.01 = $1.742M
Estimated Service Rev = $10,000
Total Revenue = $1,752,104
BUT APRIL WON'T EVEN GET THIS
Scripts: 18,200 / 25 W-Days = 728
Rx Rev: 18,200 X $89.01 = $1.620M
Estimated Service Rev = $10,000
Total Revenue = $1,629,982
If Pete and Repeat are in a boat and Pete falls out, who's left? Answer: If Pete and Repeat are in a boat and Pete falls out, who's left?
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