Progressive Care Inc (RXMD): CV Dilution Date is July 22, 2017.. P...

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Progressive Care Inc (RXMD)

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Tuesday, 07/18/2017 12:45:48 PM

Tuesday, July 18, 2017 12:45:48 PM

CV Dilution Date is July 22, 2017..

Page 20 of the RXMD Q1-2017 10-Q indicates the company took down $280,000 from Chicago Ventures on July 25, 2016, which is convertible for stock in 3 days on July 22, 2017.

This note converts into shares of common stock at the lesser of Market Price or $0.05 on July 22, 2017.

Conversion at the current share price will dilute equity with an additional 16,000,000 shares.

Investments = Daytrades gone bad

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