Progressive Care Inc (fka RXMD)

[Spider Web]

!!!!! SOMETHING IS WRONG !!!!!

? ONLY $1.8M ON 23K UNITS ?


! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !
THERE IS A HUGE DISCONNECT
BETWEEN UNITS AND REVENUE
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?


!!!! THE NUMBERS ARE BAD !!!!

ALWAYS A NEGATIVE INCOME
*Monthly ~ Quarterly ~ Yearly*


If They Weren't Currently In Contraction

And If Growth Didn't Stop During Mid-2016

And If There Really Was: "A Busy Season"

And If There Was Real Help From: "The Flu"


THEN THE JAN REVS WOULD BE = $3M
AND UNITS WOULD BE AROUND = 25K

BUT THEY WEREN'T EVEN NEAR IT

================================

IF EVERYTHING WAS AS THEY SAID
THEN JAN WOULD HAVE BEEN THIS
Units: 25,000 / 25 W-Days = 1000
Rev: 25,000 X $96.00 = $2,400,000
Est DME Service Rev = $25,000
TOTAL REVENUE = $2,425,000

BUT WHAT YOU GOT INSTEAD WAS
MORE SIGNS OF CONTRACTION !!!
Units: 23,000 / 25 W-Days = 920
Rev: 23,000 X $77.74 = $1,788,000
Est DME Service Rev = $12,000
TOTAL REVENUE = $1,800,000

Unit Cost Dropped Like Rock !
From A FY-2017 Avg Of $90.00

Down To $78.00 Per Unit For Jan
Which Was A 13% Drop In Revs !

The "Flu" May Have Impacted The Units
To "Appear" Good, But The Severe Drop
In Potential Revenues Is Very Alarming !!!
AND NOTHING MENTIONED OF THIS ?

================================

ONLY $1.8M ON 23K UNITS ???

I KNEW SOMETHING WAS
GOING TO BE SCREWY !!!

SOMETHING IS VERY WRONG !!!


THOUGHT OF THE DAY :
I "May" Add Tomorrow ...
I "Hope" To Add Tomorrow ...
And I Am "Always Thinking"
About Adding Tomorrow ...
But There Is Just No Way In Hell
That I Ever Will !!! . . . Ha Ha LOL


My Opinion Is The Only One That Counts

Please Sticky Me

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