Progressive Care Inc (fka RXMD)

[Spider Web]

MAY~WAS~ANOTHER HORRIBLE~MONTH !!!

TWO LOCATIONS AND ONLY $1.8M ?

May 2019 Revs Should Be Exceeding $3M
With A Positive Net Income By Now !!!

But Instead: RXMD Digs Deeper In Debt While
Trying To "Fake-Out" Shareholders With Old
Story-Lines And Gimmicky Expansion Noise

And Worthless Script Numbers That Add-Up
To More Net Losses, Debt And Dilution LOL

While All The Other Stories & Gimmicks Fall
By The Wayside Never To Be Heard Of Again

================================

HERE'S THE AWFUL RESULTS

You Can Clearly See How Any Added
Revenue-Or-Scripts Only Add-Up To
Deeper And Deeper Net Losses !!!!!


FY-2016
$1.30M = Jan
$1.10M = Feb
$1.55M = Mar
$1.40M = Apr
$1.40M = May
$1.70M = Jun
$1.50M = Jul
$1.75M = Aug[
$1.60M = Sep
$1.60M = Oct
$1.70M = Nov
$1.70M = Dec . . . . . . .
NET INCOME = $209K
The One & Only Growth Spurt

{{ ::----- )))


FY-2017
$1.60M = Jan
$1.50M = Feb
$1.75M = Mar
$1.40M = Apr
$1.90M = May
$1.90M = Jun
$1.70M = Jul
$1.80M = Aug
$1.50M = Sep
$1.70M = Oct
$1.70M = Nov
$1.60M = Dec . . . . . .
NET INCOME = $49K
Heading Back To Losses

{:----- o


FY-2018
$1.80M = Jan
$1.45M = Feb
$1.90M = Mar
$1.60M = Apr
$1.78M = May
$1.67M = Jun
$1.89M = Jul
$1.93M = Aug
$1.60M = Sep
$1.90M = Oct
$1.85M = Nov
$1.70M = Dec . . . . . . . . . . . . . . . .
DEEPER NET LOSSES = $1.63M
Worst Net Losses In History !!!

[[::----- (((


FY-2019
$1.90M = Jan
$1.70M = Feb
$1.75M = Mar ---> Q1 Already A $752K Loss
$1.93M = April
$1.80M = May . . . . . . . . . . . . . . . . . . . . . . . . .
WILL FY NET LOSSES STILL BE OVER $1M ?
YES: More Historical Net Losses To Come !!!

[[[::------- ((( (((((

================================

THE EXPANSION OF LOSSES
WILL CONTINUE TO DEEPEN

A 900% Increase In Net Losses From
Their "One & Only" 2016 Growth-Spurt

------> 2016 NET INCOME = $209K <-----
-----> 2018 NET LOSSES = $1.63M <-----

AND 2019 WILL BE MUCH WORSE
IN RELATIVE TERMS WITH FPRX

================================

IF FPRX HAPPENED LAST YEAR
HERE WOULD BE THE FY LOSSES

FPRX 2018 Net Income = $500K
RXMD 2018 Net Losses = $1.63M
TOTAL NET LOSS = $1.13M !!!

================================

AND THEN THE 50% INCREASE IN
THEIR ACCUMULATED DEFICIT !!!!

2017 Accumulated Deficit = $3.2M
2018 Accumulated Deficit = $4.8M

================================

WHAT WILL FY-2019 DEFICIT BE ?

$ $ $ $ $ !!! NOT GOOD !!! $ $ $ $ $

================================

FOLLOW THE REAL DD

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149632529

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148859194

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148092628

My Opinion Is The Only One That Matters
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