Progressive Care Inc (RXMD): I also read the LOI in detail. They (NET...

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Progressive Care Inc (RXMD)

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Re: Fat-man post# 141531

Sunday, 07/12/2020 3:53:17 PM

Sunday, July 12, 2020 3:53:17 PM

I also read the LOI in detail. They (NETE) will divest themselves of their current line of business in its entirety, then the empty shell and all of their current investors will reverse-merge with Mullen. What is not stated is who or how the current $65M business will go to.

Since the purchaser will not be buying the business entity (shell) the stock and the exchange listing will NOT be included.

If that purchaser is RXMD they will still have to submit an S-1 and seek NASDAQ listing, as has been discussed.

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Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 07:54:25 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 07/21/2023 07:30:25 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/30/2023 09:34:34 PM
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