Progressive Care Inc (RXMD)

[Spider Web]

THERE IS NO GOOD NEWS

This First-Half Is On It's Way Becoming
The Worst Net Loss In Several Years !!!

NOW JUST HOW DID THAT HAPPEN ?

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

FIRST HALF NET LOSS

COMING SOON !!!

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

QUESTION: Will The SP Go To 4 Cents ?

ANSWER: Yes

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

NOTHING TO PUMP HERE AT ALL

That Little Annex Addition, Which Is Nothing More Than A Poor Excuse For Expansion, Will Just Bring In More Net Losses And Further Reduce Any Chances Of A Profit. That Whole Act Falls Well Below Years Of Touted Expectations That Have Now Been Whittled Down To Basically Nothing .

There Are So Many Gaping Holes In All Of Those Pandering Projection That They Have Had To Jump From One IR Firm To Another Just To Move On And Help Bury All Of Their Embarrassing Failures In Order To Hopefully Come Up With Some More Fresh Erroneous Strategies To Help Fool Poor Investors With .


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


SOME REAL HARD SIMPLE 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


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


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


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


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


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


NOW COMPARE THE UNIT-$
FOR THE 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 1-Month To 2/3-Month Supplies ?

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

REVENUES ARE INSTEAD DECREASING


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


THEN COMPARE THE UNIT-$
FOR THE LAST 3 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 !!!


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


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


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


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


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


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


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


THE NEXT TARGET IS 4 CENTS

My Opinion Is The Only One That Matters

[ :----- )