Progressive Care Inc (RXMD): This is only true if their cost of capit...

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Progressive Care Inc (RXMD)

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Re: NSX post# 79149

Thursday, 03/22/2018 12:15:03 AM

Thursday, March 22, 2018 12:15:03 AM

This is only true if their cost of capital is lower than the minor dilution in equity. Without two years of audited financials, interest on a bank note would have probably set them back far more than issuing a few shares to cover the debt. Regardless, the amount is minor and trivial. As you said, let's go and make money! :)

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