Progressive Care Inc (RXMD)

[Spider Web]

THE REAL HARD FACTS


COMPARE LAST 5 FISCAL YEARS

FY-2013 Net Loss = ($585K)
FY-2014 Net Loss = ($1.0M)
FY-2015 Net Loss = ($1.2M)

FY-2016 Net Income = $209K
The One-&-Only Growth Spurt

FY-2017 Net Income = $49K
Heading Back To Net Losses

FY-2018 Net Loss = ($ TBA)
Should Be A Huge Net Loss


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COMPARE Q1 OF LAST 3 YEARS

Q1-2016 Net Income = $98,605

Q1-2017 Net Income = $163,664
Was The Best Of The Last 9 Quarters

Q1-2018 Net Loss = ($642,294)
Now The Worst Of The Last 9 Quarters


You Can Clearly See How They Are
Heading Back To More Net Losses


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COMPARE H1 OF LAST 3 YEARS
( H1 = First Half Of The Year )

H1-2016 Net Income = $217,765
Due To One-&-Only Growth Spurt

H1-2017 Net Income = $25,144
Heading Back To Net Losses

H1-2018 Net Loss = ($ TBA)
Should Be A Huge Net Loss


Revs Peaked During First-Half Of 2016
Because They Recruited A Pharmacist
Who Brought Additional Clients To RXMD

Now RXMD Pays A Premium Salary
(And Stock?) To A Certain Pharmacist

RXMD Itself Gets No Credit For A Brief
Growth Spurt During First-Half Of 2016

Nothing Has Happened Since Then
To Increase Income Or Profit Growth
In Fact: All Projections Have Failed !!!

Just A Pandering Of Story-Lines That
Built-Up False Excitement To Nowhere


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LOOK AT $ PER Rx-UNIT
FOR LAST THREE Q1's

Q1-2016 = $77.60

Q1-2017 = $91.79

Q1-2018 = $79.38
What Happened ?
Unit $ Is Going Backwards !!!


What Happened To "Compounding" ?
Or The Consolidation Of Prescriptions
From A 1-Month To A 2 Or 3-Month Supply ?

This Should Have At Least "Increased"
The $ Of Each Rx-Unit !!! ... But Instead ,
The $ Per Rx-Unit Has Been Reduced !!!

REVENUES ARE INSTEAD DECREASING


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LOOK AT $ PER Rx-UNIT FOR
THE LAST THREE APRIL MOS

April 2016 = $84.62

April 2017 = $91.62

April 2018 = $71.68
Again, What Happened Here ?
Unit $ Is Still Going Backwards !!!


Just This Last April RXMD Only Made
About $1.577M In Rx-Rev On 22K Units

They Should Have Made At Least $2.5M
With 25K Rx-Units Sold At $100.00 Each

And That Is Still Based On "Last Year's"
Unobtainable Projections By Extrapolating
The Compounding And Rx-Unit Pricing !!!


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TRACK RECENT NON-ACCRETIVE
"PUMP-N-DUMP" SHR DILUTION

May 16, 2018 = 426M
Approx 81M Increase Since Pump-n-Dump

May 14, 2018 = 424M
Mar 31, 2018 = 412M
Feb 15, 2018 = 371M
Feb 13, 2018 = 365M
Jan 31, 2018 = 364M
Dec 31, 2017 = 358M

Sep 30, 2017 = 345M
Approx Start Of The Pump-n-Dump Dilution


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WATCH OUT MY FRIENDS
They All Know It's Going Down


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ATTENTION ALL NEW READERS !!!
Here Is An Important DD & Opinion Link
To Add Some Flavor To RXMD's Backstory
( Or Just Click The "Reply Post" Up Top )

Trapped In A Very Bad Stock :
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140208433


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THE NEXT TARGET IS 4 CENTS

My Opinion Is The Only One That Matters

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