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$RXMD is devoting further efforts to improve profitability

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Robertscott Member Level  Friday, 01/31/20 12:40:02 PM
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$RXMD is devoting further efforts to improve profitability and cash flow. Some of these efforts are already yielding beneficial results such as prioritizing specialized health and administrative services, securing new contracts with better payment terms, and promoting products with higher margins. The Company is also cutting costs in all departments which includes labor, consultants, advertising, and any area where the quality of service will not be sacrificed. The Company’s control shareholder has cut his salary and is also committed to cutting his contractual compensation. https://finance.yahoo.com/news/progressive-care-inc-releases-september-120005748.html


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