Progressive Care Inc (RXMD)

[Spider Web]

RXMD~IS~BURNED~OUT AND~TODAY~PROVES~IT

Nothing Will Save RXMD
{{{ The RXMD Pump Failed }}}

The Vacuum Has Expanded
And Soon There Will Be A Big
{{{{{{ SUCKING SOUND }}}}}}

But Maybe It's Just The: "Loading Wall"
Ahhhhhhh Haaaaa Haaaaa Haaaaa LOL
The Technical Prowess Is Just Deafening
Ahhhhhhh Haaaaa Haaaaa Haaaaa LOL

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

Audits ---> FAILED
Profits ---> FAILED
Kiosks ---> FAILED
Bitcoin ---> FAILED
Stories ---> FAILED
Tweets ---> FAILED
CBD Oil ---> FAILED
Insiders ---> FAILED
Podcasts ---> FAILED
Gimmicks ---> FAILED
Telepharm ---> FAILED
Interviews ---> FAILED
Employees ---> FAILED
Executives ---> FAILED
Net Income ---> FAILED
Management ---> FAILED
Nutraceuticals ---> FAILED
Press Releases ---> FAILED
Local Expansion ---> FAILED
Smart Med Alliance ---> FAILED
Shareholder Meetings ---> FAILED
Out-Of-State Expansion ---> FAILED

Big Losses ---> YOU BET
Headwinds ---> YOU BET
Instabilities ---> YOU BET
Huge Deficits ---> YOU BET
Increasing Debt ---> YOU BET
Constant Dilution ---> YOU BET
More Used-Up Stories ---> YOU BET
Lack Of Transparency ---> YOU BET
Accreditation Problems ---> YOU BET
Open Ended Statements ---> YOU BET
More Worn-Out Gimmicks ---> YOU BET
Forward-Looking Statements ---> YOU BET
Huge Unicorn Shorting Event ---> YOU BET

Reverse Split ? ---> YOU JUST KNOW IT

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

MAN THEY REALLY TRIED
KEEPING THIS GIMMICK UP

Too Bad Their "EOY Dilution Scheme"
Did Not Provide The Required Results

A BIG CHANCE CAME FOR SOME
$0.06 --------------------------------> $0.00
WHILE OTHERS BLEW IT FOREVER

LOL he! he! he! he! he! he! he! he! LOL

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

EXPANDING DEFICITS
EXCEPTIONAL LOSSES

"A New Record Performance Pace" ?
That Means Losses Have Tripled, LOL

That CEO And Her "Little Insiders" Can't
Talk Their Way Out Of This Mess, LOL !!!

THERE IS NO NET PROFIT, LOL
Therefore It Is A Net Loss ... And Those
Losses Have Increased Over 2000% From
The One & Only Growth Spurt Way Back
In FY-2016, To A FY-2019 Net Loss Over:
[color=redOVER $2 MILLION DOLLARS !!![/color]
( Nobody Wants To Mention That Stuff,
Let Alone All The Stories & Gimmicks )

Stories And Gimmicks Like: "Whales"
"Whales" ? ... There Are No "Whales", LOL
So Do You Know Why There's No "Whales" ?
Because They Already "Been Here & Done That"
LOL Ha Ha Ha LOL Ha Ha LOL Ha Ha Ha LOL
( They're Really Sorry About Leavin Ya Hangin )

Execution Continues To Be Dilutive As
Losses Are On Track To Explode Higher

Pump-n-Dump
Buy On The Pump
Sell On The Dump

And The RXMD Newly Hired
"Pump-Promoters" Failed At
Generating The Required Vol
That RXMD Needed To Dilute,
So Now They Will Have To Fire
Them And Get Somebody Else
Just Like They Did Before LOL

So Expect More Losses And Debt

The Vacuum Is Expanding And Soon
There Will Be A Big Sucking Sound

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

LOSSES HAVE TRIPLED
SO BUY ALL YOU CAN !!!

I Was Thinking To Myself At What Point In A
Pump-n-Dump Would I Get Out Before RXMD
Discards Me Like A Piece Of Lint And Become
Another Trapped Fool That Gets Slaughtered

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

* 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 !!!
$3.40M / 46.0K / $71.74 = Oct
$0.00M / 00.0K / $00.00 = Nov > Pump-n-Dump
$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 ? ? ?

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

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

My Opinion Is The Only One That Matters

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