Progressive Care Inc (RXMD)

[Spider Web]

TECHNICAL~BREAKDOWN FUNDAMENTAL~COLLAPSE

Why Is Price Dropping ?

Technical Analysis Has Failed
By Way Of Bad Fundamentals
As Issues Take Center Stage

. . . That's Why

Looking At The Chart There Are
Several False "Double, Triple And
Even Some Quadruple Bottoms"
That All Broke Down Because
RXMD Is In The Death Spiral
Of A Secular Downtrend

"Quadruple Bottoms" . . . LOL !!!

The Economy Has Nothing To Do With
RXMD Because Whether It Is A Good Or
Bad Economy Their Business Will Always
Have A Net Loss And No Profit Especially
With Increasing Pressures On Pharma To
Reduce Pharmaceutical Costs Which Will
Further Erode Margins In The Supply Chain

A Typical Pharmacy Will Make Their Profits
Off Of "'Ancillary Items" While Using Scripts
As One-Hook To Help Get People In The Door

And That Is Why RXMD Needs To Sell Other
Things Like: Candy, Stationary, Bubble Wrap
And Toilet Paper So At Least They Can Have
A Chance To Keep Their Heads Above Water

Know What I Mean . . . Jelly Bean ?

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

SEPTEMBER WAS A
BIG MONTH OF LOSSES
JUST LIKE THIS OCTOBER
NOVEMBER AND DECEMBER
AND ALL OF NEXT YEAR TOO

LOSSES DILUTION DEFICITS
INSTABILITY DEBT STORIES
FAILURES RXMD-GIMMICKS
AND IMPENDING R-SPLIT

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

CHECK OUT ALL OF THESE
* H U G E ~ F A I L U R E S *
WHICH LED TO BIG LOSSES

First There Was Going To Be Profits
From: A Robotic Script Dispenser, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: "Out-Of-State" Expansion, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: Smart Medical Alliance, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: Compounding Scripts, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: Stupid Redundant Kiosks, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: Gimmicky Little Bitcoins, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: Opioid Crises Education, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: Cannabidiol-CBD Oils, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: Margins That Never Came, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
By Shifting To "Local" Expansion, LOL
-----> Then There Wasn't


And Remember Waaay Back ?
When They Said: "No Dilution"
-----> THEN THERE WAS, LOL !!!


Then Promoting Useless Things Like
"Audits" Were Suppose To Help, LOL
-----> But That Did Not Help

Then There Were More "Free Shares"
To Maybe Replace Higher Salaries, LOL
-----> But That Did Not Help

Then The Price Per Script Started
To Quickly & Measurably Decline, LOL
-----> And That Does Not Help

Then The Price Per Script Became
30% Lower Than May 2017 High, LOL
-----> And That Does Not Help

Then It Appeared: Nothing Was "Retail"
Because It's All Below "Wholesale", LOL
-----> And That Does Not Help

Then The Bus-Model Proved "Broken"
Because Nothing Makes A Profit, LOL
-----> And That Does Not Help

Then The Accumulated Deficit
Started To Rapidly Increase, LOL
-----> And That Does Not Help

Then There Are Those Losses
That Keep Doubling In Size, LOL
-----> And That Does Not Help

Then There Are Those Increasing
Debts And Expanding Deficits, LOL
-----> And That Does Not Help

Then There Is That Growing Dilution
Soon To Be Ramping-Up Again, LOL
-----> And That Will Not Help

Then The Increase In Authorized Shares
Before An Impending Reverse Split, LOL
-----> And That Will Not Help

Then There Are All Of Those Embarrassing
Old Stories And Worthless Gimmicks, LOL
-----> Which Never Helps At All

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

TIC~TOC~TIC~TOC~TIC~TOC
TIC~TOC~TIC~TOC~TIC~TOC

COUNTDOWN TO > LOSSES

COUNTDOWN TO > STORIES

COUNTDOWN TO > DEFICITS

COUNTDOWN TO > DILUTION

COUNTDOWN TO > FAILURES

COUNTDOWN TO > GIMMICKS

COUNTDOWN TO > COLLAPSE

COUNTDOWN TO > REV~SPLIT

TIC~TOC~TIC~TOC~TIC~TOC
TIC~TOC~TIC~TOC~TIC~TOC

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

* * * SUPER DOOPER THIN * * *
-----> ALL THE WAY DOWN <-----
* * * SUPER DOOPER THIN * * *

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

FOLLOW THE REAL DD

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151954430

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151123629

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
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145954038