Progressive Care Inc (RXMD)

[2times2]

RXMD OTCQB: Record Sales! Expansion! 14 State Licences!

Share Structure
Preserved OS as compared to 2 years ago:
see---
http://www.otcmarkets.com/stock/RXMD/profile
versus historic---
https://web.archive.org/web/20151229173335/ht...MD/profile

Authorized Shares 500,000,000 06/29/2018
Outstanding Shares 427,218,286 06/29/2018
Restricted 83,599,982 06/29/2018
Float 343,618,304 06/29/2018

Market cap
Market cap of a company in this sector (Drugs/Pharmaceutical) see:
http://pages.stern.nyu.edu/~adamodar/New_Home...sdata.html
easily reaches 4x the P/S ratio (up to 10x*)...so for an estimated 25M revs in 2018 the RXMD pps fair market value, not even taking its constant market expansion into account, should be 30 cents in a conservative evaluation* (up to 75 cent*).

14 state licenses. Expansion to 50 states
will follow within few years meaning revenue and profit multiplication!
https://ih.advfn.com/p.php?pid=nmona&article=76101390
http://finance.yahoo.com/news/progressive-care-delivers-record-sales-175126653.html
Now Licences pending in 3 new states: Utah, Arizona, and Rhode Island https://ih.advfn.com/p.php?pid=nmona&article=76101390

Progressive Care Completes Acquisition of Touchpoint Pharmacy Expanding Company Footprint and Market Opportunity
https://www.otcmarkets.com/stock/RXMD/news/Progressive-Care-Completes-Acquisition-of-Touchpoint-Pharmacy-Expanding-Company-Footprint-and-Market-Opportunity?id=196989
MIAMI, July 02, 2018 (GLOBE NEWSWIRE) -- Progressive Care Inc. (OTCQB:RXMD), a personalized healthcare services and technology company, today announced that it has completed the acquisition of a Touchpoint pharmacy in Palm Beach County. This second location will facilitate the company’s growth by expanding the delivery radius of Progressive Care’s pharmacy operations to now include Miami-Dade, Broward, Palm Beach and Martin County. It will also decrease costs of expansion of products and services and increase prescription dispensing efficiency.

The new 3,000-square-foot pharmacy facility is located close to major highways and has adequate space to provide the opportunity to develop new processes for long-term care services, compounded medications, medication therapy management, and tele-pharmacy services. The location also allows for the accelerated ramp-up of sales in the county through the addition of 340B services to non-profit healthcare facilities, additional capacity to service long-term care institutions, and referrals from area physicians and clinics in need of patient support and medication management.
“This second location is a major milestone in the growth of Progressive Care and will allow us to effectively bring the PharmCo pharmacy model to a new market,” said S. Parikh Mars, CEO of Progressive Care. “Through this acquisition, we will be the first to bring the full suite of adherence programs, packaging options, and range of inventory to Palm Beach County to be delivered on a local basis.”
Progressive Care has continued to make advances in becoming a leader in personalized healthcare and tele-pharmacy services. Earlier this month, the company added to its growing fleet of robotic pharmacy equipment with the completion of installation of a TCGRx Automated Pouch Packaging System at its Miami-Dade County PharmCo location. Prior to that announcement, the company also began developing its own proprietary tele-pharmacy software to digitally communicate with patients, physicians, pharmacists, and caretakers across the world and expand the company’s kiosk program.

SeeThruEquity Upgrades RXMD Price Target to $0.35 per Share
https://www.otcmarkets.com/stock/RXMD/news/SeeThruEquity-Upgrades-RXMD-Price-Target-to-035-per-Share?id=185746
MIAMI, March 09, 2018 (GLOBE NEWSWIRE) -- Progressive Care Inc. (OTCQB:RXMD), a healthcare services and technology company, announces upgraded price target to $0.35 per share from SeeThruEquity.
SeeThruEquity, a premier small and microcap research firm, released an updated analyst report today upgrading Progressive Care’s price target to $0.35 per share. The upgrade is based on recent news of the Company’s intent to acquire a pharmacy in Palm Beach County as well as increased sales, new product and technology development projects, and the acceptance Bitcoin. SeeThruEquity’s report issues analysis on the Company’s current business and releases new sales targets which provide the basis for the upgraded price target for RXMD.
https://finance.yahoo.com/news/seethruequity-issues-progressive-care-inc-131500911.html
“We are excited to see that SeeThruEquity has initiated updated coverage of the Company,” stated S. Parikh Mars, CEO. "We believe that we are executing on our objectives as we take the Progressive Care to the next level. We are humbled by the response to our story and remain focused on delivering results to our patients and shareholders alike.”

S. Parikh Mars, CEO of Progressive Care Inc., Discusses Recent RXMD News and Corporate Moves in a New Audio Interview with SmallCapVoice.com
https://www.otcmarkets.com/stock/RXMD/news/S-Parikh-Mars-CEO-of-Progressive-Care-Inc-Discusses-Recent-RXMD-News-and-Corporate-Moves-in-a-New-Audio-Interview-with-S?id=184832
AUSTIN, Texas, March 01, 2018 (GLOBE NEWSWIRE) -- SmallCapVoice.com, Inc. (SCV) and Progressive Care Inc. (OTCQB:RXMD), a healthcare services and technology company, today announced that a new audio interview with the Company is now available. The interview can be heard at https://smallcapvoice.com/blog/2-28-18-smallcapvoice-interview-with-progressive-care-inc-rxmd.
S. Parikh Mars, CEO of Progressive Care Inc. called in to SmallCapVoice.com, Inc. to discuss the recent news and achievements for the Company. So far in 2018, Progressive Care announced that 23,000 prescriptions were filled during the month of January, generating $1.8 million in net revenues. That is record for the Company and up 34% from the same month in 2017. RXMD is also proud of the work they are accomplishing with Mass Ventures Corp, a Florida company, who has significantly enhanced the digital presence and technology solutions for the company and all subsidiaries. Other important achievements include the expansion into Palm Beach County and the news that its retail pharmacy will officially begin accepting Bitcoin payments.
In the interview, Ms. Mars was asked what she was excited about in 2018 for her Company and she stated, “I think the coolest thing that I am most excited about is our Telepharmacy platform. While it might be hard for someone who has not seen the software or hasn’t interacted with a kiosk yet to imagine how it works, essentially it allows the patient to go to the doctor, come out with a prescription, visit a convenient kiosk, interact directly with a pharmacy technician on the screen, and speak right to a pharmacist remotely and in real time. There is a face to face interaction with a pharmacist to handle any question or concern the patient has without ever having to visit the pharmacy and wait in line. The medication is then delivered directly to patient’s home. All of this is safe, secured through the software, and HIPAA compliant.”

Progressive Care to Accept Bitcoin for its Pharmacy Unit
https://www.otcmarkets.com/stock/RXMD/news/Progressive-Care-to-Accept-Bitcoin-for-its-Pharmacy-Unit?id=183568
MIAMI, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Progressive Care Inc. (OTCQB:RXMD), a healthcare services and technology company, announces that its retail pharmacy will officially begin accepting Bitcoin payments. Customers that choose to pay using Bitcoin will undergo a similar payment process as customers using credit cards or online payment processing platforms such as Paypal.
PharmCo, LLC will use external payment providers, such as BitPay, to process all Bitcoin payments. BitPay compliance analysts approved the pharmacy for Tier 2 volume processing limit on February 14, 2018. Tier 2 provides daily cash settlements in USD and has a $500,000 annual limit. This will allow the pharmacy to reach more customers who are increasingly using cryptocurrencies for daily purchases. Mass Ventures Corp will develop and integrate Bitcoin processing into the Company’s e-commerce platform for seamless ease of use.
“We are committed to evolving the pharmacy both operationally and technologically,” stated S. Parikh Mars, CEO. "PharmCo will be one of the few pharmacies in the country enabling systems for cryptocurrency acceptance. The main purpose of accepting Bitcoin payments is to provide value to the end customer by aligning ourselves with the current lifestyles of a large and rapidly growing demographic using this cryptocurrency within the community.”



06/05/2018 Progressive Care Installs New TCGRx Pouch Packaging System in MiamiLeading Florida-Based Healthcare Services and Technology
https://ih.advfn.com/p.php?pid=nmona&article=77595225



6/12/2018 Progressive Care Launches Opioid Alternative Treatment Campaign Aimed at Reaching Millions Affected by the Nationwide Epidemic
https://ih.advfn.com/p.php?pid=nmona&article=77647487



5/24/2018Progressive Care Begins Development of Proprietary Tele-pharmacy Software for Exclusive Use
https://ih.advfn.com/p.php?pid=nmona&article=77511141



Progressive Care (RXMD) through its 100% owned subsidiaries PharmCo and Smart Medical Alliance is quickly becoming one of South Florida's leading health services organisations

New appointments to the Board of Directors among those Oleg Firer. Oleg Firer is regarded as one of Florida most successful businessman and a Wall Street heavy hitter. He takes companies like Progressive Care (RXMD) to the next level. Check out these awesome recognitions he has received!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=135023809

Progressive Care (RXMD) has been awarded a 5-Star Rating based on the ratings provided by various insurance carriers. Rated among the top 10% of all Pharmaceutic Benefit Networks in the NATION Progressive Care (RXMD) is right there with the big players and a major buyout target.



The ScriptPro Pharmacy Automation System is online and fully operational
http://ih.advfn.com/p.php?pid=nmona&article=72964854&symbol=RXMD

The Company ships medications from its Florida facility to other states
http://www.streetinsider.com/Press+Releases/Progressive+Care%3A+PharmCo+Receives+New+York+Pharmacy+License/11508843.html