Progressive Care Inc (RXMD)

[sharpei]

getmoreshares: The complete transcript can be found on Seeking Alpha dated August 14, 2019 ( https://seekingalpha.com/article/4285723-progressive-care-inc-rxmd-ceo-shital-mars-on-q2-2019-results-earnings-call-transcript?page=6)

"I want to address another question that I know came in about discussions of reverse stock split. Again, it's not for me to promote or not promote or agree or disagree with a reserve stock split, my personal feelings on it and the company's feeling on it is that a reverse split should only be used for a reason. It should be used to go to NASDAQ, it should be used for the uplift, it should be used not just to increase the prices of the stock.

And then dilute even further, we would rather know that if we're going to do a reverse it once and never again. And that's reason why we haven't addressed reverse in prior conversations. That's why we're not addressing it here in the shareholder meeting. Because we just don't believe it's time.

We want to make sure that the shareholders and the board and the management all agree this is the time we're all here. We're all in it together, we all vote for it. And we do it once. And we do it for the good of the company. And we don't look back. So that's why we're not talking about reverse. But again, it's not for me to oppose or propose or before again. This is something we as shareholders, all of us must come together and make a decision together, not just one individual here."