Progressive Care Inc (RXMD)

[budfoxfun]

Rising Revenue - The target Florida-based pharmacy in question has posted big numbers both this year and last year. In 2017, their revenue was $16 million, and they’re projected to hit $18 million by the end of this year. In their LOI, RXMD has proposed paying $2.3 million cash (over the course of two years) and an additional $700,000 in stock. There will be a standard 45-day due diligence period for both companies to put their affairs to order before signing the final documents no later than January 15, 2019. https://smallcapvoice.com/the-rise-of-rxmd-company-to-acquire-new-florida-based-pharmacy-in-2019/

$RXMD