Progressive Care Inc (RXMD)

[faceoff]

How many shares were used for services and expansion? (36,956,572) They had to give management and the directors 40m shares to keep control of the company. Once the dust settles and they make another 22 million a year off the new expansion using the upper management and directors already on the books, renegotiate prices paid for goods with their new buying power from more locations... it should add up to more profit and cash on hand. They should be able to buy back shares and probably repeat for more expansion if necessary. The more they expand there is no need for additional CFO (100k + salary ), HR (75k), controllers (75k),CEO (100k +), CIO (100k) directors (80k)... for each location to cover. The profits will go up drastically. You only need one set of upper management to run multiple locations. In one year time this could easily be worth a $2.35 pps add a 2 more locations it could be trading at $4 pps on the Nasdaq within 2 years. I'm sure they weighed all their options before gifting 40m shares to management when using 36,956,572 shares for expansion. I don't know why this does not sit well with investors. I believe they are doing what they need to do grow this company right with the resources they have on hand.