Progressive Care Inc (RXMD)

[Spider Web]

RXMD~WILL~ALWAYS~CONTINUE TO~GARNER~MORE~BIG~LOSSES

* More Revenues Equal More Losses *

!!! THERE ARE NO PROFITS !!!
The Frequency Of That "Occasional
Itty-Bitty Profit" Has Been Diminishing
Over The Past Several Years, As Seen
In The Data Stated Below, And Is Less
And Less As Time Moves On And Will
Soon Disappear Forever, Ha Ha LOL

------> SEE TABLE BELOW <------
{ { { THE ~ REAL ~ LOSSES } } }
------> SEE TABLE BELOW <------

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

----------> BUT FIRST <----------

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

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

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

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

{ { { THE ~ REAL ~ LOSSES } } }

* LOSSES ALWAYS DOMINATE *
THE ENTIRE RXMD FISCAL YEAR
REVENUES & SCRIPTS ALWAYS EQUAL
DEEPER AND DEEPER NET LOSSES


HERE ARE 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 ?

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

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

* 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 ???

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

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

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

------> 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 <-------

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

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

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

HEADING FOR DOUBLE BOTTOM

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

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

ONE CENT ~ FLATLINER ~ ONE CENT

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

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

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

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

AUTHORIZED SHARES
WILL ALWAYS BE USED

OUTSTANDING SHARES
WILL ALWAYS BE DILUTED

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

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

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 <-----
WHILE SECULAR DOWNTREND
IS SPIRALING DOWN AS RXMD
JOCKEYS IN FOR THE R-SPLIT

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

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

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

FOLLOW THE REAL DD

My Opinion Is The Only One That Matters

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