Progressive Care Inc (RXMD)

[Spider Web]

KINKY~RXMD~CRAZY RXMD KINKY~RXMD~CRAZY RXMD

It Was Said Months Ago . . .

That RXMD Was Pumping "Verbiage"
Of "Profitability" To Hold Themselves
Over For 5 Mos Before Revealing The
True Hidden Nature Of Things And The
Horrible And Terrifing Reality That This
POS-Pinky Is A Pile Of Misleading Stinky
Garbage Masquerading On The OTC With
Yet Another Gimmicky Little Storyline To
Keep Their Investors Paralyzed While Still
Drowning In A Sea Of Hopes And Dreams
As RXMD Slips Deeper Into The Abyss Of
-------------> A B S O L U T E <-------------
--------> N O T H I N G N E S S <--------

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

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

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
$3.15M / 43.0K / $70.93 = Nov Pump-n-Dump
$3.10M / 45.0K / $66.67 = Dec > $524,830 !!!
FY NET LOSS = $2,506,028

Losses Now Over $2.5M <--- WOW !!!

[[:----- (((

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

CRAZY RXMD STUFF

CRAZY 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
EOY 2019: SG&A = $8.99M <--- WOW !!!
85% Increase Since 2016

CRAZY HUGE DEFICITS
EOY 2017: Acc-Deficit = $3.2M
EOY 2018: Acc-Deficit = $4.8M
EOY 2019: Acc-Deficit = $7.3M <--- WOW !!!
A 128% Increase Over 2017
A 52% Increase Over 2018

CRAZY MEGA DILUTION
Jan 01, 2017 = 344,107,607 = Baseline
Jan 01, 2018 = 352,315,147 ~ 8M Increase yoy
Jan 01, 2019 = 425,630,944 ~ 73M Increase yoy
Mar 13, 2020 = 449,509,254 ~ 24M So Far !!!
Total Increase = 105,401,647 <--- WOW !!!
31% Increase Since 1 & Only 2016 Spurt

On Average, These Losers At RXMD Have
Been Diluting Almost 3M Shrs Per Month
Over The Past 4 Years ... Ha Ha Ha LOL

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

NO PROFITS ANYWHERE
WHILE RXMD PRETENDS
WITH MORE KINKY STUFF

When RXMD Says Things Like
"We Are Currently In Negotiation With A
N A S D A Q ~ Co To Form A Partnership"
This Is A Big Red Flag That A Reverse-Type
Merger Is "The New Story" To Get Uplisted,
And That This Will Now Change The Failing
Narrative Once Again While Substituting
Previous Stories And Gimmicks With Yet
New Stories That Will Drag Shareholders
Through More Losses & Dilution With Yet
Another Possibility Of Losing Shrs Through
A Kinky Merger Or Reverse-Split, As RXMD
Slips Further Into The Depths Of Oblivion

When RXMD Says Things Like
"They Are A Personalized Healthcare
And Technology Services Company"
That Is Not True, Because The Vast
Majority Of What They Do Is Simply
"Filling Prescriptions" ~ 98% Revs

When RXMD Says Things Like
"Posting Record-Breaking Data"
That Is Not True, Because Factual
And Relative Comparisons Reveal
That Things Are Very Much Worse

When RXMD Says Things Like
"Including EBITDA Profitability"
That Is Not True, Because The Word
"Profitability" Doesn't Mean "Profitable"
. . . It's Just Another Lame Gimmick

When RXMD Says Things Like
"EBITDA Q4 Turned Positive At $300K"
That Is Not True, Because The Phrase
"Turned Positive" Is Misleading In Terms
Of What It Really Means: In That Q4-2019
Losses Were $300K "Less Than" Q3-2019,
While Both Are Largest Losses In History.
This Is Just A Laughable Comparison And
Irresponsible When Using Verbiage Like:
"Profitability" And "Turning Positive"

When RXMD Says Things Like
"Management Believes It Is Leveraging
A Strong Competitive Advantage Due To
The COVID-19 Crises"
That Is Not True, Because They Are No
More Geared-Up For Disease Prevention
Than Anyone Else, And Are Just Trying To
Find A Way To Use The Flavor-Of-The-Day
Phrase "COVID-19 Crises" In A Sentence.
And Of Course, It Is Highly Skeptical When
Any Pinky Uses Phrases LIke: "We Believe"

When RXMD Says Things Like
"We Are Uniquely Well-Positioned
To Thrive In The Current Tragic
COVID-19 Environment"
This Is Not True, Because They're No More
Unique Than Anyone Else And Can't Even
Thrive In A "Non-COVID-19" Environment,
While Still Trying To Find Ways To Use The
Phrase "COVID-19 Crises" In A Sentence

When RXMD Says Things Like
* Well, Just About Anything They Say *
It Is Usually A Typical Pinky-Oriented
And Cleverly Crafted Open-Ended And
Forward-Looking Statement Designed
To Fool Investors And Keep The Dilution
Train Chugging Along While Losses And
Deficits Deepen Further Into Oblivion

LOL HA HA LOSSES HA HA LOL

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

ANOTHER RXMD GIMMICK
NO PROFITS ANYWHERE !!!

NET LOSSES FOR Q4-2019
WAS NEGATIVE = $524,830
The 3rd Historical Highest !!!

NET LOSSES FOR FY-2019
WAS NEGATIVE = $2,506,028
A New Historical High !!!

ACCUMULATIVE DEFICT
NOW A HUGE = $7,297,121
Doubled From 2018 !!!

MORE STORIES & GIMMICKS
Verbiage Like "EBITDA Profitability"
Is A Big Joke And Another Gimmick
THERE WAS NO REAL PROFIT
OR EBITDA PROFIT IN Q4-19
The Term "EBITDA Turned Positive"
Does Not Mean A Profit Anywhere !!!
. . . Another Gullible RXMD Gimmick

LOL HA HA LOSSES 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
By Shifting To "Local" 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: Stupid Tele-Pharm (Kiosks), LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: Working With Mass Ventures, 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: Actions Against The Shorts, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: A Pouch Packaging System, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: Westchester Pilot Program, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: "Garners Coverage" Routines, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: "Keynote Speaker" Routines, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: "Presentation" Routines, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: Hiring "Another" PR Agency, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: A New Promotion To COO, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: "Another" Website Redesign, LOL
-----> Then There Wasn't

Then There Was Going To Be Profits
From: In-House Hand Sanitizer, LOL
-----> Then There Wasn't


And Remember Waaay Back ?
When They Said: "No Dilution" ?
-----> AND 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 There Was Big Talk About How
Margins Were Going To Kick In, 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
Always 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

LOL HA HA LOSSES HA HA LOL

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


More Horribly Terrifying Results

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=154618738

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153860902