Progressive Care Inc (RXMD): You could be right, not sure what commer...

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Progressive Care Inc (RXMD)

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Re: Leksi post# 104470

Wednesday, 10/31/2018 5:21:03 PM

Wednesday, October 31, 2018 5:21:03 PM

You could be right, not sure what commercial listing requirements are. Can they count completely unfinished space, garage, etc.?

Personally, I think they will eventually move out of the other space, when lease is up in December 2020. JMO

The present lease and the small building lease cost them roughly $225k/year. In 8 years from now the lease for the current facility will have cost them approximately $1.8 million. Which is equal to the present acquisition for the new facility. They are thinking ahead, and buying their wholly owned space to save on future costs. Much like renting a home, don't want to do it forever.

"To Give Anything Less Than Your Best, Is To Sacrifice the Gift." - Steve Prefontaine
Selling shares at $.019 prior to run to $.26 would have been my biggest failure. Glad it wasn't me!! ;-)

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Recent RXMD News

Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 07:54:25 PM
Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 04:38:35 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2023 04:16:29 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 01:40:42 PM
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Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 01:20:59 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/20/2023 04:05:24 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/20/2023 04:04:51 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2023 01:40:09 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2023 01:37:47 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2023 01:35:39 PM
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Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/11/2023 08:49:13 PM

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