Progressive Care Inc (RXMD)

[Wangenstein]

Yet another long, long post with zero facts.


In the meantime, here are the real facts...

* RXMD missed its September 2016 revenues by just $100k ($1.5 million vs. $1.6 million last year), in a month that saw Hurricane Irma close the city of Miami for at least a week. (In other words, RXMD lost out on 1/4th their business days and still almost broke even vs. last year!)

* The Inflation rate isn't over 6%, which it would have to be for RXMD's difference between 2016 and 2017 to magically become $200k. In fact, the current Inflation rate (which was really easy to look up, by the way) is right around 2.2%.

* I already listed the timeline for Miami's mandatory evacuations and closures before and after Hurricane Irma. I'll repeat it here, just to make it easy for you:

On September 4th, Florida's governor declared a state of emergency for Florida. On September 6th, mandatory evacuations were ordered. On September 15th, the Sun-Sentinel was still updating a story about 'what's open and what's closed' because of the hurricane. In short, this was not a 'business as usual' month for the city of Miami.

Here's Miami-Dade ordering evacuations of coastal areas on 9/6. And here's Miami-Dade expanding that evacuation order the very next day.

With his expanded order, Gimenez has now instructed more than 650,000 people to flee their homes in advance of a Category 5 hurricane expected to bring tropical-storm winds Saturday before potentially making landfall Sunday. About 2.7 million people live in Miami-Dade.

That's about 1/4 of Miami-Dade county under mandatory evacuation, not to mention those who decided to leave of their own accord. In fact, if people got their medications elsewhere or simply went without due to the hurricane, that week represents upward of 1/4 of RXMD's September revenues lost. Yowza!

* I'm glad you mentioned that RXMD stayed open as long as possible and reopened as soon as it could, in order to help its customers. Of course, a lot of those customers were still evacuated or in the process of returning, but RXMD was there to serve. A great company with customer service at its heart!

* RXMD applied to move to OTCQB, which will put RXMD in front of new eyes that are willing to invest in a company meeting OTCQB's more-stringent requirements.

* Before that, RXMD vetted and added two independent directors for its board, one of whom has expertise in mergers & acquisitions.

* Before that, RXMD got a new IR firm in First Look Equities, a company that doesn't work with Pinks.

* Before that, RXMD had 2017 YTD revenues that are still up 13.3% YOY (even with September's hurricane).

* Before that, RXMD had its 2016's results third-party-audited.

* Before that, RXMD ended 2016 with revenues up 30%.

* Before that, RXMD installed a RX-filling robot, increasing productivity and accuracy, and decreasing the labor needed to fill prescriptions.

* Before that, RXMD acquired licenses to operate in multiple states.

It's a clear pattern of building a solid business foundation for future growth. And there's much, much more to come!

Facts! Accept no substitutes! :)