Progressive Care Inc (RXMD)

[Spider Web]

THE BIG DUMP IS COMING !!!

BY THE POWER VESTED IN ME
I HEREBY SENTENCE RXMD TO
FOUR CENTS OR LESS AND TO
NEVER BE TOUTED AS A "GEM"
OR "KING OF THE OTC" AGAIN

BAILIFF . . . PLEASE ESCORT THE
DEFENDANT TO THE HOLDING CELL

COURT IS ADJOURNED

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

A BLOG FULL OF GARBAGE

JUST ANOTHER FOOLISH ATTEMPT
TO SET PEOPLE UP FOR FAILURE !!!

And I Disagree With Everything In It !!!

Some Blogger Is Obviously Pandering A
Fictional Story-Line Due To The Pressure
Of Having An Investment Turn Very Sour

ENTIRE BLOG IS A FOOLISH STATEMENT
AND COMPLETE PANDERING GARBAGE !!!

AND JUST AS A SIDE NOTE
Having An Audit Doesn't Make A Company
Automatically Better Than It Was Before !!!

And There Is No Way This Company Will
Ever Be Listed On A Higher Exchange !!!

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

BEWARE OF MORE FAILURES

Failures Always Have A Way Of
Creeping Up Out Of The Darkness

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

FAILURE TO DELIVER

2018 April Units = 22,000
2018 May Units = 22,300
Only A 1.4% Increase
" From Last Month "

2017 May Rev = $1.90M
2018 May Rev = $1.78M
Huge 6.7% Decrease
" From Last Year "

2017 May Unit-$ = $91.26
2018 May Unit-$ = $78.82
Huge 13.6% Decrease
" From Last Year "

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

FAILURE TO EXECUTE

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 !

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

FAILURE TO SUCCEED

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

There Were So Many Gaping Holes In All Of Those Pandering Projections 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 More Fresh Strategies To Again Fool Poor Investors With .

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

FAILURE TO EVERYTHING

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 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

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

THERE IS NO GOOD NEWS

QUESTION: Will It Go To 4 Cents ?

ANSWER: Yes ... Of Course It Will !

Just How Did All Of This Happen ?

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

THE NEXT TARGET IS 4 CENTS

My Opinion Is The Only One That Matters

[ :----- )