Progressive Care Inc (RXMD)

[Spider Web]

STORIES~GIMMICKS~TRICKS LOSSES~DEFICITS~DILUTION

Updated Soon As Transparancy Always
Comes Too Late As Stories & Gimmicks
Fail Again As RXMD Runs Out Of Tricks
And All That's Left Is A Cute Little Pump
And A CEO Who Dishes Same Old Crap
While Another Attempt To "Buy On The
Rumor And Sell On The News" Tries To
Get A Footing: But Fails Again, LOL

*** Check Out "The Real" Numbers ***
*** Below To See Growing Trend In ***
*** Losses Before Getting Trapped ***

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

* ALL OF THESE THINGS *
ARE GOING TO GET WORSE

* BIG LOSSES *
Q2 ~ 3 MONTH NET LOSS
3 Mos Ended 2018 = $203,129
3 Mos Ended 2019 = $348,448
270% More Losses Over 2018
H1 ~ 6 MONTH NET LOSS
6 Mos Ended 2018 = $439,165
6 Mos Ended 2019 = $1,100,421
250% More Losses Over 2018

* MORE DILUTION *
MORE OS & DILUTION
Dec 31, 2018 = 352,315,147
Jun 30, 2019 = 425,630,944
6 Mos Increase = 73,315,797
20% Increase In Just 6 Mos

* HUGE DEFICITS *
ACCUMULATED DEFICIT
EOY 2017: Acc-Deficit = $3.2M
EOY 2018: Acc-Deficit = $4.8M
Was A 50% Increase Over 2017
H1 2019 Already ---------> $5.9M
So Far 23% Increase Over 2018

* BAD EXPENSES *
S G & A EXPENSES
( Selling, General & Admin )
EOY 2014: SG&A = $2.1M
EOY 2015: SG&A = $4.1M
EOY 2016: SG&A = $4.8M
EOY 2017: SG&A = $5.3M
EOY 2018: SG&A = $6.2M

H-1 2019: SG&A = $3.4M ~ So Far
EOY 2019: SG&A = HOW BIG ???

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

* LOSSES ALWAYS DOMINATE *
THE ENTIRE RXMD FISCAL YEAR

REVENUES & SCRIPTS ALWAYS EQUAL
DEEPER AND DEEPER NET LOSSES


HERE IS THE AWFUL STORY
WITH THE AWFUL RESULTS


FY-2016
Revs / Scripts / $ Per Rx = Mo
$1.30M / 15.5K / $83.72 = Jan
$1.10M / 16.7K / $65.73 = Feb
$1.55M / 18.6K / $83.17 = Mar > $98,605
$1.40M / 16.5K / $84.62 = Apr
$1.40M / 17.5K / $79.79 = May
$1.70M / 18.0K / $95.18 = Jun > $119,160
$1.50M / 16.6K / $90.19 = Jul
$1.75M / 20.0K / $87.36 = Aug
$1.60M / 19.0K / $82.91 = Sep > $2,899
$1.60M / 18.6K / $85.52 = Oct
$1.70M / 18.5K / $91.35 = Nov
$1.70M / 18.0K / $95.22 = Dec > $5,546
FY NET INCOME = $209K
The One & Only Growth Spurt
{{ ::----- )))


FY-2017
Revs / Scripts / $ Per Rx = Mo
$1.60M / 17.5K / $90.94 = Jan
$1.50M / 16.5K / $90.30 = Feb
$1.75M / 18.5K / $93.93 = Mar > $163,664
$1.40M / 17.0K / $81.38 = Apr
$1.90M / 18.8K / $100.0 = May
$1.90M / 19.7K / $94.06 = Jun > $138,550
$1.70M / 18.0K / $95.55 = Jul
$1.80M / 20.0K / $91.75 = Aug
$1.50M / 17.0K / $89.15 = Sep > $62,283
$1.70M / 21.0K / $80.38 = Oct
$1.70M / 21.0K / $80.38 = Nov
$1.60M / 19.5K / $81.43 = Dec > $86,419
FY NET INCOME = $49K
Heading Back To Losses
{:----- o


FY-2018
Revs / Scripts / $ Per Rx = Mo
$1.80M / 23.0K / $77.29 = Jan
$1.45M / 19.5K / $82.36 = Feb
$1.90M / 22.8K / $82.81 = Mar > $642,294
$1.60M / 22.1K / $72.51 = Apr
$1.78M / 22.4K / $79.59 = May
$1.67M / 22.6K / $74.00 = Jun > $203,130
$1.89M / 26.8K / $69.64 = Jul
$1.93M / 29.0K / $65.67 = Aug
$1.60M / 23.2K / $67.94 = Sep > $572,506
$1.90M / 31.0K / $60.55 = Oct
$1.85M / 31.5K / $58.00 = Nov
$1.70M / 28.3K / $59.19 = Dec > $618,097
FY NET LOSS = $1.63M
Worst Losses In History !!!
[[::------- (((


FY-2019
Revs / Scripts / $ Per Rx = Mo
$1.90M / 31.0K / $60.28 = Jan
$1.70M / 26.7K / $62.46 = Feb
$1.75M / 27.0K / $63.66 = Mar > $751,973
$1.93M / 28.7K / $66.28 = Apr
$1.80M / 28.5K / $62.06 = May
$3.30M / 46.0K / $71.08 = Jun > $348,448
$3.40M / 46.4K / $71.58 = Jul
$3.70M / 47.0K / $76.60 = Aug Big Q Loss Or
$3.10M / 42.0K / $73.10 = Sep > Tiny Income
$0.00M / 00.0K / $00.00 = Oct
$0.00M / 00.0K / $00.00 = Nov Big Q Loss Or
$0.00M / 00.0K / $00.00 = Dec > Tiny Income
FY NET LOSS OVER $1M ?
YES: Going To Be Way Over !!!
[[[::------- ((( (((((


Q1-2019 LOSS = $752K
Q2-2019 LOSS = $348K
H1-2019 LOSS = $1.1M

Q3-2019 LOSS = HOW BIG ?
9M-2019 LOSS = HOW BIG ?
Q4-2019 LOSS = HOW BIG ?
FY-2019 LOSS = HOW BIG ?

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

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

------> M E A N W H I L E <------
A DOWNWARD RXMD CYCLE
AND SECULAR DOWNTREND
-------> C O N T I N U E S <-------

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

TRYING TO KINK THE CHART
* With Little Tiny Itty-Bitty Trades *

LOL Ha Ha Ha Ha Ha Ha Ha Ha LOL
LOL Ha Ha Ha Ha Ha Ha Ha Ha LOL
LOL Ha Ha Ha Ha Ha Ha Ha Ha LOL

* With Little Itty-Bitty Tiny Trades *
TRYING TO KINK THE CHART

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

A MASSIVE BLEED OF RED
Third QTR Losses Will Be
****T E R R I F Y I N G****
*** S T A G G E R I N G ***
****H O R R I F Y I N G****
Losses Are Increasing As
LIQUIDATION CONTINUES

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

< SECULAR DOWNTREND >
SPIRALING DOWN AS RXMD
JOCKEYS IN FOR THE SPLIT

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
What Happened To All Those 36 Months
Of "Promises" And "Next Week" And All
That "Mark This" And "Mark That" Stuff
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?

NOTHING WILL EVER SAVE RXMD !!!
RXMD LOSSES KEEP INCREASING !!!
IT IS NOW NOV AND ALL THOSE OLD
2017 ~ JAN FEB MAR APR MAY JUN ~ 2017
2017 ~ JUL AUG SEP OCT NOV DEC ~ 2017
2018 ~ JAN FEB MAR APR MAY JUN ~ 2018
2018 ~ JUL AUG SEP OCT NOV DEC ~ 2018
2019 ~ JAN FEB MAR APR MAY JUN ~ 2019
2019 ~ JUL AUG SEP OCT NOV TBA ~ 2019
STORIES & GIMMICKS HAVE FAILED
LOL HA HA HA RXMD HA HA HA LOL
LOL HA HA HA RXMD HA HA HA LOL

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

ONE ~ FLATLINER ~ CENT

And Do You Realize That Once
The Stock Price Hits One Cent
That There Is Nothing To Stop
It From > GOING LOWER ?

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

*** THE LONGS ARE WRONG ***

Be Careful What You Wish For Re: RXMD
* Want To See "Negative Material Events" ?
* See My Posts & Links For: "The Real DD"
LOL HA HA HA HA HA HA HA HA HA LOL

A BIG CHANCE CAME FOR SOME
$0.26 ----------------------------------> $0.00
WHILE OTHERS BLEW IT FOREVER

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

BROKE MAJOR SUPPORT LEVEL
HEADING FOR DOUBLE BOTTOM

The True Doube Bottom Is: ONE CENT
That Is Where Real Traders Will Gamble

Sorry, But That's Just The Way It Is :(((

*** HUGE TECHNICAL HOLE ***
***BIG FUNDAMENTAL HOLE***

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

Who Is Selling & Who Was Buying ?

There Has Been 1 Billion Shares Traded
Since 26 Cents In Which There Has Been
Penty Of Selling To Novice Bagholders Who
Have Most Likely Bought All The Way Down

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

OUTSTANDING SHARES
ARE ENORMOUSLY HIGH
MORE WILL BE DILUTED

AUTHORIZED SHARES ARE
ALSO ENORMOUSLY HIGH
THEY WILL ALL BE USED

Watch As The Remaining "One Billion"
Authorized Shares Slowly Get Eaten Up
As RXMD Jockeys-In For R-Split Position

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

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

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