Progressive Care Inc (fka RXMD)

[Jimmy Quick]

Shooting Holes in some Messed Up Posting Content About RXMD

So Here You Have A Company That Is A Well Oiled Machine.

Very true statement.

Operating With Most likely The Lowest Overhead That It Will Ever Have In The History Of The Company Going Forward.

How do you figure, we just amended the pharmacist agreement, set to save us probably .5 million a year, and we just increased our staff by 18 employees to account for continued growth and development of the Company.

Everybody Portends ??? To Just Love The Company, And The Management Is Just The Greatest. The Revenues Are Just Fantastic, The Best They Have Ever Been. Things Just Couldn't Be Better .

No portending??, it’s all true.

But Yet, With All Of That . . . The First 9 Months Showed A Negative Income. And When The Q4 & Fiscal Year Numbers Are Finally Reported, It Will Once Again Show That Things Are Not What They Appear To Be .

The first 9 months showed negative $34K in income and that was a result of an incremental increase of approximately $300,000 in DIR fees (which we are likely to recoup at some point due to our service quality), costs totaling approximately $105,000 associated with the settlement of a non-recurring employee grievance legal action from 2012, increased auditing and accounting fees (approximately $77,000) and an increase in personnel (approximately 18 positions) as stated previously for the continued growth and development of the Company. This loss is with the increased employee base that we have mentioned, and without the amended pharmacist agreement, let’s see what 2018 brings

If This Was Any Other Company With A Product That People Actually Wanted To Buy, Instead Of Just Being A "Sorting / Packaging & Shipping Service", This Year Would Probably Already Be Heading Towards A $5M Profit .

What is this jibberish exactly, we are pharmacy and heathcare services company which specializes in manufacturing our own compounded medications. They have an area specifically designed within the building for this. And if nobody wants to use our services why have revenues gone from 9.3 million in 2014 to over 22.75 million in 2017. As for any product, if you sell it, you typically have to sort, pack, and ship it… and yes we are on our way to $5 Million profit.

There Is No "Real" Company Here. The Business Model Is Proven To Be A Failure. Everything Else Is Just Cheap Talk. This Company Has A Limited To No Chance Of Any Growth Or Survival Whatsoever. It Is Simply The Wrong Business To Be In For Any Public Company.

If it is the wrong business, then why is CVS, Walgreens, and RiteAid in the pharmacy business again, and why is CVS trying to duplicate our business model, offered to buyout PharmcoRX, and aren't all of these public companies. (And they are the ones that don’t make anything. They just count little objects and put them in little plastic bottles, and ship them somewhere. Hmm, that sounds like something you stated below.

The Company Doesn't Make Anything, And The Service Is Just A Mundane Activity. This Company Counts Little Objects And Puts Them In Little Plastic Bottles, And Then Ships Them Somewhere. What Kind Of Business Is That ? ... LOL !!!

False Statement everywhere, in this post. This is just one. They do make things. Compounded medications are RXMD’s specialty, and are made right there in good ole Miami Dade.

Things Are Working Out
* P E R F E C T L Y *

Yes they are!!!!