Progressive Care Inc (fka RXMD)

[TheSerb]

!!! FACTUAL POST ALERT !!!

2017 Key Highlights

Change of listing tier to OTCQB
Addition of Independent Board Members: Jervis Hough and Oleg Firer
Majority Independent Audit Committee
Completion of 2016 Audited Financial Statements
225,000 prescriptions filled
Over 21,000 prescriptions filled in a single month
Over $20 million in net revenues
Secured Community AIDS Network 340B contract.
Doubled monthly 340B revenues since December 2016
Raised over $2.75 million for 340B charitable organizations
Reached over 50 employees
Developed a tele-pharmacy platform in conjunction with software provider MDFlow
Licensed in the following states: Colorado, Connecticut, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Pennsylvania, Texas, Utah, Arizona, Massachusetts
5 star rating
Opened first PharmCo Pharmacy Resource Center
Celebrated PharmCo's 10 year anniversary


The following are our strategic goals for 2018:

Achieve 25,000 prescriptions filled in a single month by December 2018
Increase annual overall sales to $22 million
Secure additional 340B contracts and long term care facility relationships
Further expansion into Palm Beach County
Achieve accreditation for non-sterile compounding
Achieve full enterprise profitability and earnings growth
Publish 2nd year of audited financial statements and leverage these statements to secure new investment opportunities for mergers and acquisitions
Opening more Pharmco Pharmacy Resource Centers in retirement and long term care communities.
Strengthening our tele-pharmacy platform