Progressive Care Inc (RXMD)

[Spider Web]

MORE~DELAYS~ARE~COMING AS~INSTABILITY~CONTINUES

*** THERE GOES RXMD AGAIN ***
Just Like What Happened Last Year When
Everything Was Always: "Next Week", LOL
Remember That ? . . . When It Was Dec,
Then Jan, Then Feb, Then Mar, Then Apr,
Then May, Then Jun, Then Jul, Then Aug,
Then Sep, Then Oct, Then Nov, And Then
-------> HERE THEY GO AGAIN <-------

Finally Got A Chance To Hear About The
Q3 CC. And As Usual, It Was A Very Highly
Unimpressive Regurgitation Of The Usual
Vague Hopes And Promises. And Not One
Mention Of The Upcoming Long Delay In
Transparency Regarding 4th Qtr Losses.

Everything Was Again Shrouded In Clever
Open-Ended Statements, Protected Under
The SEC Safe Harbor Rules That Apply To
The Forward-Looking Statements Clause.

MORE LOSSES AND DEFICITS
MORE STORIES AND GIMMICKS

Whatever You Do, Don't Mention This :
"Revenues Have Doubled" . . .
By Way Of "Expansion-Gimmicks" In Order To
Have A Story To "Explain-Away" Losses From
Smart Medical Alliance, Kiosks, Bitcoin, CBD,
Useless Comical Out-Of-State Licenses And All
Other Failed "Flavors-Of-The Day" ... Like The
Failed Attempt At Trying To Hop-On And Ride
The Opioid Epidemic As A Pumping Strategy
. . . While Losses Have Tripled !!!
A Little Birdy Said Shorts Love P-n-D's

Someone Also Said The CEO Just
Laid Out A New List And Timeline
For Upcoming Catalysts, LOL . . .

But Nothing Was Mentioned Of
The "Old Timeline & Catalysts"
That Were Full Of Stories And
Gimmicks Which All Failed And
Led To New Historical Losses
As Outlined Below Showing The
Last Four Years Of Contraction
And Huge Losses, Along With A
Big List Of Failures Stated Even
Furthur Below, All In This Report
That Contains Real Facts That
Are All 100% Accurate {:--- )))

Ohhh... And By The Way
It's Funny That The Chart Watchers
Pump What They Think Are Bullish
Candles, But Seem To Ignore The
Big Bad Bearish Doji Star, LOL

RXMD Is Just A Pharmacy
They Make NOTHING !!! ... And All They
Are Doing With CBD-Products Is To Have
An Agreement To Put Their Own Label On
Someone Elses CBD-Product While Having
Nothing Else To Do With It, Contrary To The
Shady Claims Of Pretending Like They Do

FAILURE + INSTABILITY = LOSSES
"EXPANSION & CBD NOISE" ARE GIMMICKS
USED TO DIVERT ATTENTION AWAY FROM
THE GROWING NET LOSSES BY FINDING
A STORY TO TELL THAT HAS NOTHING
TO DO WITH A COMPANY THAT JUST

1) PACKAGES PRESCRIPTIONS
2) PROVIDES REQUIRED INFO
3) OFFERS TO DELIVER
4) NEEDS TO SELL SHRS
5) BEFORE IT'S TOO LATE
6) BECAUSE EVERYTHING
7) IS JUST A USELESS STORY
8) AND A WORTHLESS GIMMICK
9) BECAUSE "PROFITS ARE EVERYWHERE"
... JUST "NOWHERE TO BE FOUND", LOL !!!

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

WORST QUARTER IN HISTORY
MORE STORIES AND GIMMICKS

*RECORD BREAKING LOSSES*
A Pump & Dump On Huge Net Losses
With Very Small Trades And No Legs

And Just For Your Information :
Some Are Claiming That October Results
Will Show A Profit, LOL ... But Profit & Loss
Statements Are Only Revealed In Q Reports

And Since RXMD Does Not Give 4th Quarter
Results, And Instead Will Combine Q4 In The
Fiscal-Year Annual Report, Shareholders Will
Have To Wait Until "Mid-March 2020" For Any
Kind Of "Full Disclosure" As To How Much The
Company Actually Lost In This Q4 By Trying To
Back-Out The Math To Actually See How Much
The Oct-Dec Q4 Contributed To FY-2019 Losses

That's Usually Why OTC-Pinks Will Try To Run
A Pump-n-Dump Near The End Or Beginning
Of A Fiscal Year, While Letting Speculations
Run Wild On Social Media During That Long
Waiting Period Of Hiding The True Facts, While
RXMD Will Pander Stories & Gimmicks Thru A
Supply Of Vague Forward-Looking Statements

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

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


THE REAL LOSSES AND RESULTS


FY-2016
Revs / Scripts / $ Per Rx = Mo > Qtr Results
$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 > Qtr Results
$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 > Qtr Results
$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 > Qtr Results
$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 Historical Loss
$3.10M / 42.0K / $73.10 = Sep > $880,777 !!!
$0.00M / 00.0K / $00.00 = Oct
$0.00M / 00.0K / $00.00 = Nov
$0.00M / 00.0K / $00.00 = Dec > Big Q Loss ?
FY NET LOSS OVER $1M ?
YES: Going To Be Way Over !!!
WOW: Losses Now Over $2M <--- WOW !!!
[[[::------- ((( (((((


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

Q3-2019 LOSS = $881K <--- WOW !!!
9M-2019 LOSS = $2.2M <--- WOW !!!

Q4-2019 LOSS = HOW BIG ?
FY-2019 LOSS = HOW BIG ?

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

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

** ALL OF THESE THINGS **
WERE GOING TO GET WORSE

AND THEY DID GET WORSE !!!


* BIG LOSSES *
Q3 ~ 3 MONTH NET LOSS
3 Mos Ended 2018 = $572,506
3 Mos Ended 2019 = $880,777 <--- WOW !!!
54% More Loss Than Q3-2018
9M ~ 9 MONTH NET LOSS
9 Mos Ended 2018 = $1,011,670
9 Mos Ended 2019 = $2,155,654 <--- WOW !!!
113%% More Loss Than 9M-2018


* MORE DILUTION *
MORE OS & DILUTION
Dec 31, 2018 = 352,315,147
Sep 30, 2019 = 436,280,944
9 Mos Increase = 83,965,797 <--- WOW !!!
24% Increase In Just 9 Mos


* HUGE DEFICITS *
ACCUMULATED DEFICIT
EOY 2017: Acc-Deficit = $3.2M
EOY 2018: Acc-Deficit = $4.8M
Was A 50% Increase Over 2017
HOLY~MOLY~INCREASE
H1 2019 Was At ---------> $5.9M
9M 2019 Now Is ---------> $6.9M <--- WOW !!!
So Far 116% Increase Over 2017
So Far 44% 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

H1 2019: SG&A Was At = $3.4M
9M 2019: SG&A Now Is = $6.0M <--- WOW !!!
A 76% Increase In Just 3 Mos
EOY 2019: SG&A = HOW BIG ? ? ?

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

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

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

IT DOES NOT MATTER WHAT
RXMD 'TRIES' TO LOOK LIKE

Especially When RXMD May Want It
To Look Like: "Something It Is Not"

LOL HA HA HA HA HA HA HA LOL

And: "Shorts" Are Not The Only Factor
As RXMD Would Want Some To Believe

What Is A Factor, However: Is That Most
Are Selling Out, And Nobody Smart Wants
To Buy When FY-Losses And Deficits Are
Accelerating At Such A Rapid Pace And
With A Reverse-Split Coming Down Hard
On The Horizon Into Oblivion, Ha Ha LOL

Shorts Will Still Be A Huge Factor "After"
A Reverse-Split: Which Would Be A Huge
Unicorn Shorting Event For All Of Those
Nasty Old OTC Rough-Rider Cowboys

LOL HA HA HA HA HA HA HA LOL

Smart Investors Will Only Risk Capital
After A Reverse-Split Plays Out And The
Short-Market Forces A Real Capitulation

Only Then Would It Be Safe For A Trader
Or Investor To Take Such A Risk In The
Ensuing Bottom Of A Dead Cat Bounce

LOL HA HA HA HA HA HA HA LOL

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

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

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

FOLLOW THE REAL DD

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