Progressive Care Inc (RXMD)

[XJINVESTOR]

I hope for the sake of these investors that have been here along time that it can turn around and head back up again.

I loved the potential of this stock to get up to 1.00 and beyond but the thing that really bothered me about it was the CEO.

She cares a lot about her employees - much more than the shareholders. She will gladly pick the pockets of the shareholders to give them a bonus. She also loves to report net revenues and I think she believes this will attract investors. It will - until they figure out the rest of the balance sheet doesn't look so hot. I do not think she cares enough about the REAL bottom line and that is profits. She desperately wants to expand but with no profits the most convenient way is to dilute the stock and add more shares. I like some of the things she does but she is not nearly as savvy on the markets as I would like.

This could be such a great stock with the right person in charge - someone who knew how to work with the shareholders and not against them!