Progressive Care Inc (RXMD)

[Wangenstein]

Yep, I'll vote YES for a reverse-split as well. The blind condemnation of RS never made any sense to me; it's a tool, like anything else. Once RXMD does RS and moves to NASDAQ, those mayflies will wither away; I suspect the Venn diagram of those naysayers and actual RXMD investors doesn't have a lot of overlap.

In order to meet the minimum share price requirements for NASDAQ, many companies will conduct a reverse split. This is perfectly acceptable to the exchange, and the post-split share price will be evaluated accordingly.