Progressive Care Inc (fka RXMD)

[Spider Web]

***RXMD~LIVES~IN~A*** ****FANTASY~WORLD****

There Is No Income . . .
Will The CEO Still Misuse The
Word "Profit" And Try To Give
Her Pump-Brigade Misleading
Information Without Disclosing
An Audit Sheet That Reveals
More Growing "Net Losses"

WHY IS . . .
THE CEO IS BEING CAREFUL NOT
TO USE THE TERM "NET INCOME"

AND WHY IS . . .
RXMD IS NOW TRYING TO TRICK
SHAREHOLDERS WITH A FAKE
UNDISCLOSED EBITDA GAME

IS IT BECAUSE . . .
THERE IS NO GAAP WHICH IS
THE ACCEPTED ACCOUNTING
PRINCIPLE USED BY THE SEC

PULLING A FAST ONE . . .
FAILING COMPANIES ALWAYS TRY
TO USE EBITDA GIMMICKS TO TRY
AND TICK SHAREHOLDERS WHILE
NEVER ACHIEVING THE MYSTICAL
PROFITS THAT ALWAYS SEEMS TO
END UP AS MORE HUGE LOSSES

THE RXMD FANTASY WORLD . . .
THERE ARE NO "REAL" NUMBERS
AS REVENUE IS DROPPING, LOL !!!
AND UNITS ARE DROPPING, LOL !!!

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

EBITDA Is Now Trying To Be Used
As A "Substitute" For Unobtainable
"Real GAAP Numbers" Which Relies
On RXMD's Unobtainable Factors !!!

REAL --------> GAAP <-------- REAL
FAKE ------> EBITDA <------ FAKE

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

* LOSSES ~ LOSSES ~ LOSSES *
OCTOBER HAD A "NET LOSS"
--------------------> AND <--------------------
NOVEMBER HAD A "NET LOSS"
--------------------> AND <--------------------
DECEMBER HAD A "NET LOSS"
--------------------> AND <--------------------
FY2019 WAS A "RECORD LOSS"
--------------------> AND <--------------------
FY2020 WILL STILL BE A LOSS
* LOSSES ~ LOSSES ~ LOSSES *