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High Noon at Affordable PPS: Record Sales! Uplisting!

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Progressive Care Inc. Announces Record Number of Prescriptions Filled and Strong Revenues During August 2018 InvestorsHub NewsWire - 9/18/2018 8:00:00 AM
Progressive Care Inc. Garners International News Coverage in Top Pharmacy Trade Publication for Its Efforts to Battle Opioid InvestorsHub NewsWire - 9/13/2018 9:47:41 AM
Progressive Care Announces Newly Redesigned Website for Wholly-Owned Subsidiary PharmCo, LLC InvestorsHub NewsWire - 9/10/2018 8:00:00 AM
S. Parikh Mars, CEO of Progressive Care Inc., is Featured in a New Audio Interview with SmallCapVoice.com InvestorsHub NewsWire - 8/29/2018 8:00:00 AM
Progressive Care Inc. Earns International Media Coverage in Top Industry Outlets on Its Healthcare Technology Expertise InvestorsHub NewsWire - 8/28/2018 11:05:26 AM
Progressive Care Inc. Subsidiary PharmCo, LLC Earns Top Performance Scores From Humana Inc. InvestorsHub NewsWire - 8/22/2018 8:00:00 AM
Progressive Care Inc. Reports 47% Increase in Prescriptions Filled During July 2018 MIAMI August 21, 2018 Progressive Care InvestorsHub NewsWire - 8/21/2018 8:00:00 AM
Progressive Care Inc. Reports Largest Six-Month Revenue Period in Company History in Q2 2018 Financial Filing InvestorsHub NewsWire - 8/14/2018 8:00:00 AM
Progressive Care Announces Pay-Off of Note to Chicago Venture Partners InvestorsHub NewsWire - 8/9/2018 8:00:00 AM
Progressive Care to Host Conference Call on Second Quarter 2018 Financial Results and Business Update on Aug. 14 InvestorsHub NewsWire - 8/7/2018 8:00:00 AM
Progressive Care Earns Coveted LegitScript Certification Verifying PharmCo Pharmacy is Safe and Credible Online Health Resource InvestorsHub NewsWire - 8/1/2018 8:00:00 AM
Progressive Care Subsidiary PharmCo Partners with Westchester General Hospital to Implement New DischargeRx Program InvestorsHub NewsWire - 7/26/2018 8:00:00 AM
Progressive Care Signs Two New 340B Contracts to Bring Discounted Prescription Programs to Non-Profit Healthcare Institutions InvestorsHub NewsWire - 7/19/2018 8:00:00 AM
Progressive Care Inc. Announces Month-End Sales Figures Showing Increase in Year-Over-Year Prescriptions Filled in June 2018 InvestorsHub NewsWire - 7/17/2018 3:02:16 PM
Progressive Care Launches New DischargeRX Program to Improve Engagement Between Patients and Hospitals InvestorsHub NewsWire - 7/13/2018 6:20:29 PM
S. Parikh Mars, CEO of Progressive Care, Discusses Recent Company and Industry News in New Audio Interview with SmallCapVoice InvestorsHub NewsWire - 7/3/2018 4:27:48 PM
Progressive Care Completes Acquisition of Touchpoint Pharmacy Expanding Company Footprint and Market Oppotunity MIAMI July X, InvestorsHub NewsWire - 7/2/2018 12:45:32 PM
`Progressive Care Inc. Signs New Investment Banking Agreement with The Benchmark Company, LLC InvestorsHub NewsWire - 6/27/2018 8:00:00 AM
Progressive Care Inc. Continues to See Strong Prescriptions Numbers and Overall Revenue in May 2018 InvestorsHub NewsWire - 6/14/2018 8:00:00 AM
Progressive Care Launches Opioid Alternative Treatment Campaign Aimed at Reaching Millions Affected by the Nationwide Epidemic InvestorsHub NewsWire - 6/12/2018 11:05:55 AM
Progressive Care Installs New TCGRx Pouch Packaging System in MiamiLeading Florida-Based Healthcare Services and Technology InvestorsHub NewsWire - 6/5/2018 8:00:00 AM
Progressive Care Begins Development of Proprietary Tele-pharmacy Software for Exclusive Use InvestorsHub NewsWire - 5/24/2018 8:00:00 AM
Progressive Care Purchases TCGRx Pouch Packaging System to Add to Expanding Robot Pharmacy Machinery Fleet InvestorsHub NewsWire - 5/21/2018 7:00:59 PM
Progressive Care Reports 30% Increase in Year-over-Year Prescriptions Filled During April 2018 InvestorsHub NewsWire - 5/17/2018 9:15:51 AM
Progressive Care Inc. Reports Largest Single Revenue Quarter in Company History InvestorsHub NewsWire - 5/15/2018 8:00:00 AM
times2times2 Member Level  Thursday, 10/05/17 09:50:10 AM
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Post # of 102016 
High Noon at Affordable PPS: Record Sales! Uplisting! Small SS! Audited! 11 State Licences!

Progressive Care Submits Application for OTCQB Listing
GLOBENEWSWIRE 8:30 AM ET 10/5/2017
https://ih.advfn.com/p.php?pid=nmona&article=75801456
MIAMI, Oct. 05, 2017 (GLOBE NEWSWIRE) -- Progressive Care Inc.(RXMD) , through its subsidiaries Smart Medical Alliance, Inc. and PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals, compounded medications, the sale of anti-retroviral medications, medication therapy management (MTM), the supply of prescription medications to long term care facilities, administration and practice management, utilization management, quality assurance, EHR Implementation, billing and coding, and health practice risk management, has submitted its application for OTCQB listing.
During the 3rd quarter of the year, Progressive Care(RXMD) worked to meet the listing requirements of OTCQB which include a minimum bid price of $0.01, not being in bankruptcy, being timely and current with reporting standards, 2 independent board members, and a majority independent audit committee. With the addition of Mr. Jervis Hough and Mr. Oleg Firer as independent board members and members of the audit committee, the Company met all of the initial requirements to file an application with OTC Markets for a change in listing tier to OTCQB. This application has been submitted to OTC Markets for review.
“We are excited to get the uplist process started,” stated S. Parikh Mars, CEO. “We expect OTC Markets to review our application quickly as we are prepared to comply with all document requests and listing standards. We believe that the change in listing tier on OTC Markets will help the company reach a wider audience and give our shareholders increased confidence.”

Progressive Care Reports $1.8 Million Revenues on 20,000 Prescriptions in August
http://ih.advfn.com/p.php?pid=nmona&article=75677614&symbol=RXMD
MIAMI, FL -- September 19, 2017 -- InvestorsHub NewsWire -- Progressive Care Inc. (OTC PINK:RXMD), through its subsidiaries Smart Medical Alliance, Inc. and PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals, compounded medications, the sale of anti-retroviral medications, medication therapy management (MTM), the supply of prescription medications to long term care facilities, administration and practice management, utilization management, quality assurance, EHR Implementation, billing and coding, and health practice risk management, announces over $1.8 million in net revenues during August 2017.
PharmCo, LLC filled over 20,000 prescriptions during the month of August, generating over $1.8 million in net revenues. Revenue increased approximately 3.7% while prescription counts remained flat year-over-year. The company is working on growing 3 keys segments: Palm Beach County prescription sales, 340B, and Medication Therapy Management (MTM). Though a small portion of the companys revenues, 340B income increased just under 50% in the month of August. PharmCo, has assigned more personnel to MTM to accommodate increasing demand for completed cases by insurance companies and providers.
The Company is in varying stages of the negotiating process with potential acquisition targets. The Company has focused on acquisition opportunities that have the ability to increase the service radius of the company in the state of Florida while also adding synergistic sales. The current outlook is to close on at least one opportunity before the end of the year.
Success is not for those weary of arduous progress, stated S. Parikh Mars, CEO. We set ambitious goals for ourselves at the beginning of the year and we have only added to those goals since then. We are determined to uplist to OTCQB and to close on an acquisition before the end of the year. Despite all of the twists and turns in the healthcare industry this year, we are still set on delivering growth and expansion in Florida and throughout the country. It will take a lot more than a hurricane to slow us down.




With its current market cap of just 6M RXMD is 15xfold undervalued compared to hundreds of listed companies in this sector

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html
Market cap of a company in this sector (Drugs/Pharmaceutical) easily reaches 4x the P/S ratio...so for 22M revs in 2017 the RXMD pps fair market value, not even taking its constant market expansion into account, should be around 26+ cents.


Progressive Care (RXMD) through its 100% owned subsidiaries PharmCo and Smart Medical Alliance is quickly becoming one of South Florida's leading health services organisations





For the year ended December 31, 2016, the Company increased overall revenue to approximately $18.3 million, a 34% increase over the same period in 2015.

http://www.otcmarkets.com/financialReportView...;id=168586
Gross profit margins increased from 25% in 2015 to 28% in 2016, a 45% increase when compared to 2015. Operating income increased by approximately $845,000 in 2016 as compared to 2015 as result of increased sales achieved through effective marketing efforts to healthcare providers and increased compounding sales, partially offset by increased operating expenses.




They have 11 state licenses now. Expansion to 50 states within few years means revenue and profit multiplication!
http://finance.yahoo.com/news/progressive-care-delivers-record-sales-175126653.html



CEO also just announced two new appointments to the Board of Directors among those Oleg Firer. Oleg Firer is regarded as one of Florida most successful businessman and a Wall Street heavy hitter. He takes companies like Progressive Care (RXMD) to the next level. Check out these awesome recognitions he has received!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=135023809



Progressive Care (RXMD) has been awarded a 5-Star Rating based on the ratings provided by various insurance carriers. Rated among the top 10% of all Pharmaceutic Benefit Networks in the NATION Progressive Care (RXMD) is right there with the big players and a major buyout target in the State of Florida.



The ScriptPro Pharmacy Automation System is online and fully operational

http://ih.advfn.com/p.php?pid=nmona&article=72964854&symbol=RXMD




The Company will ship medications from its Florida facility to other states

http://www.streetinsider.com/Press+Releases/Progressive+Care%3A+PharmCo+Receives+New+York+Pharmacy+License/11508843.html


Interview with the CEO:

is a must read not only for investors but to understand the market, the sector, the needs, the future of the healthcare platform in developed countries
https://www.youtube.com/watch?v=P-YQDkMS4y8




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