Progressive Care Inc (fka RXMD)

[Spider Web]

THERE'S~NO~GROWTH RXMD~IS~WORTHLESS

Previously, The RXMD Perception Was All About "Organic Growth" And Becoming Profitable. But Unfortunately, All Of Those "Shinny Objects" Over The Past Few Years Have Failed To Produce Any Results At All.

Instead, It Appears That All Those "Flavor-Of-The-Day Gimmicks" And "Useless Old Stories" Were Just Used To Create A Pump-n-Dump For "Related Third-Party Entities" To Sell Into.

And Now, As All Of Those "Shinny Objects" Have Since Fallen By The Wayside And Never To Be Heard Of Again, RXMD Must Redefine The Perception Of What Growth Is.

RXMD Has Proven That They Cannot Achieve Any Real Growth. They Have Failed With One Location, And Then They Went Backwards Into Greater Losses And More Debt With Two Locations.

Adding Locations Is Not "Real Growth" And Has Only Proven To Be Just Another Failed Gimmick. Just Like All Of The Other "Failed Shinny Objects".

RXMD Is Not Branding Themselves For Growth, And They Are Not Advertising Themselves On Twitter Or FaceBook For More Profits Or Business Exposure.

They Only Do Those "Social Media Things" As A Way Of Pandering To Investors
While Trying To Amplify There Meaningless Gimmicks.

One Of RXMD's Primary Concerns Is To Keep Locked-Up Investors From Selling . . . While Trying To Paralyze Them With Hopes And Dreams.

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

STILL GOING DOWN THE DRAIN
THOSE LOSSES ARE FOREVER
RXMD FAILED AT EVERYTHING

All Of Their "Useless Old Stories" And
"Worthless Flavor-Of-The-Day Gimmicks"
Have Fallen By The Wayside Never To Be
Heard Of Again: THEY FAILED BIGTIME !!!

How's That Compounding Working Out ?
How's Those St-Licenses Working Out ?
How's That Bitcoin Thing Working Out ?
How's Those Shrinking Margins Doing ?
How's Those Insider Shrs Holding Up ?
How's That Falling Price/Script Doing ?
How's That Kiosk Thing Working Out ?
How's That Audit Thing Working Out ?
How's That SmartMedAlliance Doing ?
How's Those Useless Stories Going ?
How's That CBD Thing Working Out ?
How's Those Missing Profits Going ?
How's Those Big Net Losses Doing ?
How's Those Worthless Gimmicks ?
How's That Expanding Debt Doing ?
How's Your Accum~Deficit Going ?
When Is The Big Dilution Coming ?
And Where Is That Money Going ?

INSIDERS HAD THEIR CHANCE !!!
$0.26 ----------------------------> $0.00
AND THEY BLEW IT FOREVER, LOL

It Was The Biggest Mistake & Missed
Opportunity In The History Of Mankind
Since The Invention Of Money, Ha Ha LOL

POOR LITTLE INSIDERS
Booo Hoooo Hooooo {:--- (
POOR LITTLE EXECUTIVES

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

RXMD IS EXPANDING LOSSES
AND REVOLUTIONIZING DEBT

Any Increase In Revenues Or Scripts Will
Only Lead To Greater Losses, More Debt ,
Increasing Dilution, And A Bankruptcy !!!

JUNE WILL JUST BE ANOTHER
TERRIBLE MONTH OF LOSSES !!!

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

MAY WAS A 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 ARE THE AWFUL RESULTS

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


FY-2016
Revs / Scripts / $ Per Script = Month
$1.30M / 15.5K / $83.72 = Jan
$1.10M / 16.7K / $65.73 = Feb
$1.55M / 18.6K / $83.17 = Mar
$1.40M / 16.5K / $84.62 = Apr
$1.40M / 17.5K / $79.79 = May
$1.70M / 18.0K / $95.18 = Jun
$1.50M / 16.6K / $90.19 = Jul
$1.75M / 20.0K / $87.36 = Aug
$1.60M / 19.0K / $82.91 = Sep
$1.60M / 18.6K / $85.52 = Oct
$1.70M / 18.5K / $91.35 = Nov
$1.70M / 18.0K / $95.22 = Dec
NET INCOME = $209K
The One & Only Growth Spurt

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


FY-2017
Revs / Scripts / $ Per Script = Month
$1.60M / 17.5K / $90.94 = Jan
$1.50M / 16.5K / $90.30 = Feb
$1.75M / 18.5K / $93.93 = Mar
$1.40M / 17.0K / $81.38 = Apr
$1.90M / 18.8K / $100.00 = May ---> High
$1.90M / 19.7K / $94.06 = Jun
$1.70M / 18.0K / $95.55 = Jul
$1.80M / 20.0K / $91.75 = Aug
$1.50M / 17.0K / $89.15 = Sep
$1.70M / 21.0K / $80.38 = Oct
$1.70M / 21.0K / $80.38 = Nov
$1.60M / 19.5K / $81.43 = Dec
NET INCOME = $49K
Heading Back To Losses

{:----- o


FY-2018
Revs / Scripts / $ Per Script = Month
$1.80M / 23.0K / $77.29 = Jan
$1.45M / 19.5K / $82.36 = Feb
$1.90M / 22.8K / $82.81 = Mar
$1.60M / 22.1K / $72.51 = Apr
$1.78M / 22.4K / $79.59 = May
$1.67M / 22.6K / $74.00 = Jun
$1.89M / 26.8K / $69.64 = Jul
$1.93M / 29.0K / $65.67 = Aug
$1.60M / 23.2K / $67.94 = Sep
$1.90M / 31.0K / $60.55 = Oct
$1.85M / 31.5K / $58.00 = Nov ---> Low
$1.70M / 28.3K / $59.19 = Dec
DEEPER NET LOSSES = $1.63M
Worst Net Losses In History !!!

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


FY-2019
Revs / Scripts / $ Per Script = Month
$1.90M / 31.0K / $60.28 = Jan
$1.70M / 26.7K / $62.46 = Feb
$1.75M / 27.0K / $63.66 = Mar > $752K Q-LOSS
$1.93M / 28.7K / $66.28 = Apr
$1.80M / 28.5K / $62.06 = 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 That FPRX $500K Net Income
Will No Doubt Start To Deteriorate
Into Future Additional Net Losses

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

ALSO THEIR 50% INCREASE
IN ACCUMULATED DEFICIT

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

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

SO WHAT WILL THE FY-2019
ACCUMULATED DEFICIT BE ?

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

EXPANDING THE DEFICIT
WITH LOSSES AND DEBT

FY-2017 Accumulated Deficit = $3,161,326
FY-2018 Accumulated Deficit = $4,791,093
FY-2019 Ac-Deficit "So Far" = $5,543,066

FY-2018 Increased Its Deficit By $1,629,767
Or About $407,442 Per Quarter On Average

But This FY-2019 "First Quarter" Increase
Is Already At A Devastating $751,973 !!!

FY-2019 Is On Track For A $3,007,892
Increase In The Total Accumulated Deficit

Which Would Bring The Total FY-2019
Accumulated Deficit To $8,550,898 !!!

That Would Be A Two Year Increase Of
$5,389,572 ----> A 170% INCREASE
IN TOTAL ACCUMULATED DEFICIT

THIS IS "THE ONLY" GROWTH !!!
UPSIDE-DOWN AND BACKWARDS

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

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