Progressive Care Inc (fka RXMD)

[Jimmy Quick]

SEC REGISTRATION - NO GIMMICK
SEC and Uplisting: The Company will be preparing the new acquisition for 2 years of audited financial statements for inclusion in an S-1 by the end of 2019. This process will bring the Company to full reporting status with the SEC and begin the next stage in uplisting to a national exchange like NASDAQ. Progressive Care also announced that it is planning a shareholder meeting to be scheduled in the near future.

Acquisition: The Company has filed its required advanced notification to Florida’s Medicaid Agency. The Acquisition is on track for a hard close in May/ Early June 2019 at which point FPRX, with its 2 cash flow positive Florida locations, will consolidate in the Company financial results which is projected to bring the Company to over $30 million in annual revenues for fiscal year 2019 and over $40 million in revenue for 2020.