Progressive Care Inc (RXMD)

[stockforce]

In this 2017 list of Large Group National Pharmacy Directory from Hometown Health Insurance Company, The only Independent pharmacy that has locations both in Orlando and Davie is Five Star Rx. PharmCo is in this list too.
https://www.hometownhealth.com/wp-content/uploads/2015/06/Large-Group-Pharmacy-Listing-National-2017-Final1.pdf

Five Star Rx is owned and operated by Family Physicians Rx Inc.
https://pharmacygps.com/drugstore/five-star-rx-1003871492/
https://pharmacygps.com/drugstore/five-star-rx-1972776037/

The owner and CEO of Family Physicians Rx is Larry Pizik. He currently is also the President of Intramed, Inc. in Florida.
https://www.corporationwiki.com/Florida/Hollywood/intramed-inc-6339466.aspx

Larry Pizik is also the Principle at Patient's Choice Pharmacy, LLC in Florida.
https://www.corporationwiki.com/Florida/Davie/patients-choice-pharmacy-llc/66064866.aspx

Larry Pizik is also the President of LWD Holdings Inc. in Florida. https://www.corporationwiki.com/p/32hsax/lwd-holdings-inc

LWD Holdings is named after the first letters of Larry Pizik, Warren Pizik and Dave Singh.
Dave Singh currently is the Operations Manager at Five Star Rx
https://www.linkedin.com/in/dave-singh-75729416b/

Five Star Rx's previous COO is Kunal Vyas. He worked at Five Star Rx from Jan 2012 to Feb 2018
https://www.linkedin.com/in/kunal-vyas-42a4581b/
He said in his Linkedin that he "Guided the Company to annual sales of $17,000,000"
He is also the 1st-degree connection with Armen Karapetyan on Linkedin, Prgressive Care's founder and board member.

So, it looks like Progressive Care's $18M revenue acquisition target is most likely Five Star Rx.
https://www.fivestarrx.com/

Progressive Care Signs Letter of Intent to Purchase Florida Based Pharmacy with $18 million in Annual Revenue
https://www.otcmarkets.com/stock/RXMD/news/Progressive-Care-Signs-Letter-of-Intent-to-Purchase-Florida-Based-Pharmacy-with-18-million-in-Annual-Revenue?id=211633