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Tuesday, June 04, 2019 9:42:29 PM
1- On June 1st 2019 the company doubled it's NET revenues to over $40 million with it's latest successful acqusition of TWO more pharmacies in Florida. The CEO just announced that they will be expanding into to the population dense I-4 corridor of Florida, including Tampa, Orlando and Daytona areas and further acquisitions are projected
2- The CEO announced that monthly revenues are expected to increase a WHOPPING 80% and 40 000 prescriptions PER MONTH are projected to be filled. So far In 2019 every single month the company has continued to post new record revenues
3- The company has received a Best In Class 5 star rating from major insurance carriers and Humana has ranked the company in the TOP 10% in the NATION!
4- The company has one of the healthiest strongest balance sheets around, flush with cash in the bank, millions in assets and no toxic debt and no dilution!
5-The CEO is meeting with institutional investors, moving forward big Wall Street money is going to flow into the stock driving the share price higher as the company prepares to be listed on the NASDAQ
6-Insiders hold a large percentage of shares and they have not sold a single share, they know what's coming! Follow the insiders!
7-The company leads the nation in Tele-Pharmacy expanding it's services into retirement and long term care communities across Florida.
The company also leads the nation in servicing patients once they have been discharged from the hospital working directly with hospitals to monitor the patients progress while also providing home deliveries and updating them on their follow-ups with Primary Care and Specialist physicians.
8- The company is in the forefront in the nation in combating the opioid epidemic by making inhouse compounded drugs making them one of the few providers in the nation that offer customised opioid alternative solutions that will include Cannabidiol (CBD). The company has been featured on CBS news and major trade publications as a leader in this field. The CEO has stated they have been in communication with GW Pharmaceuticals who have the first FDA approved CBD drug.
9-The company employs over 120 people and gives back to the communities they serve. In 2018 the company supported vulnerable high risk populations by processing over $6 million worth of prescriptions for the United States federal government 340B program, this program allows certain non-profits and charitable healthcare institutions to purchase prescription drugs at a discounted rate from the company
10- It is very rare to find a stock like Progressive Care (RXMD) trading at such a low level under 10 cents a share! Progressive Care (RXMD) could be the best stock investment most of us may ever make. It is THE #1 stock to buy right now, easily one of the most undervalued stocks in America. Progressive Care (RXMD) is under the radar, a high integrity growth and value stock being run with a code of ethics using world class best business practices and governance making it one of the best stock investments for 2019.
Progressive Care (RXMD) truly is an amazing value stock that come along once in a blue moon, value investing made Warren Buffett one of the best investors! Value investing entails the fundamental analysis of a company's earnings power versus its current share price. Value investing has made Warren Buffett and many of his colleagues famously rich. Not a bad model to emulate, now is the time to buy shares of Progressive Care (RXMD)
all of my posts are my own opinion, and should not be taken as investment advise.
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
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 01:34:02 PM
- 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
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 04:14:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/11/2023 08:54:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/11/2023 08:51:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/11/2023 08:49:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/21/2023 07:30:25 PM
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