Progressive Care Inc (fka RXMD)

[Spider Web]

KINKY~KINKY~KINKY NETE~MULLEN~RXMD

RXMD Is Not "Merging" With Anyone
And Has Nothing To Do With Anything
Except Being Used And Abused While
Diluting Shares & Creating Losses, LOL

Mullen Wants NETE To Merge With Them
Because It Is An Easier & Cheaper Rout
To Take Getting On The NASDAQ Rather
Than Through The Application Process

But Apparently Mullen Needs NETE
To Dump Part Of Their Business For
"Financial Reasons" Of The Merger

So NETE Needs "A Sacrificial Lamb"
To Use As A Dumping Ground To Help
The Numbers Look "More Feasible"
For A NASDAQ Approved Merger

Because Of Some "Relationship",
( Oleg Firer And Armen Karapetyan )
Let's Just Assume That RXMD Is
"The Target" For NETE To Dump
Its Useless Part Of The Business
For Reasons Of A Mullen Merger

So What That Means Is That RXMD's
New Orders Are To Buy That Part Of
NETE's Business So That Mullen Will
Have A Better Chance To Merge

RXMD Is Not Involved In Any Merger,
Just Maybe Used As A Potential Pawn

However, The Problem Is That NETE
Has Bad Financials With Net Losses
Exceeding $1.7M So Far This Year,
And A Huge Accumulated Deficit Of
Over $180M, In Which Some Amount
Would Be Related To The Part Of The
Business Which Needs To Be Sold

Whatever Those Numbers Look Like :
... For RXMD To Try And Get Approved
For A Loan On Such A Huge Additional
Financial Burden Is Going To Be Very
Difficult Without Some "Upfront Cash"
To Help Lower The Amount Financed

The Only Way For RXMD To Get Enough
Cash To Offset The Value And Satisfy
The Loan Amount Against The "Asset"
(If Possible At All) Is To Keep On Trying
To Create More Gimmicks And Rumors
To Help Pump-Up The Share Price And
Volume In Order To Dilute More Shares
To Hopefully Get The Required Cash

So When Previous CEO-Mars Realized
More And More That "Her Little Baby"
Would Be Used As A "Sacrificial Lamb"
For The Purpose Of Satisfying Another
"Unrelated Endeavor" ... Which Would
Set Everything That She Was Working
For Backwards And Into The Ground
To The Proverbial "Square-One" ...

Well, She Finally Decided :
THAT WAS THE LAST STRAW

Nevertheless, This Whole Situation
Is Very Kinky ... And If This Is What
Is Trying To Be Accomplished Here,
Then What You're Really Looking At
Is "Many More Months" Of Juggling
For An Outcome That Is Beneficial
Only For: "Another Company"

Which Would Leave RXMD And
Shareholders Holding The Bag

Meanwhile, The RXMD Perception That
"Something Good" Is In The Works Will
Always Be Used To Keep The Myth And
Dilution Alive For Cash Needed To Help
Another Company At RXMD's Expense

LOL HA HA HA HA HA HA HA LOL

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

THE STORY OF RXMD
AND THE BIG GIMMICK

NEXT WEEK HAS COME A GONE
WHILE FOCUSING ON 'RUMORS'
AND ALWAYS GETTING KINKED
WITH DILUTION AND LOSSES

KINKY REVENUE = REAL LOSSES
Lots Of Quantity . . . But Unfortunately
No Quality At All Regarding Everything
That Has To Do With Poor Little RXMD

STRUNG OUT = DILUTED AGAIN
The Company Does Not Want To Discus
Speculations About Any Delay Of An S1
Or The Mysterious Rumors About Some
Merger That Would Decimate SH's With
A Kinky Reverse-Split ... Instead, They
Would Rather Not Comment And Use
Those Planted Rumors To Hopefully
String Out Investors While Diluting
More Shrs And Increasing Losses


FAKE REVENUES DECREASING
Last Quarter RXMD Tried To Brag About Their "Fake" 76% YOY Revenue Increase. But This Quarter (1st-Half ) They Can Only Now Sadly Brag About A "Fake" 32% YOY Increase
So What Happened ??? ... LOL !!!

That's More Than A Half-Cut Reduction
In Their Little "Fake" Revenue Gimmick

And As Time Goes On The Fake Increases In Their Revenue-Gimmick Will Only Get Worse And Worse, As The Fake Growth From A Failed And Kinky "Revenue Acquisition" Wears Itself Off Into The More Normal State Of: BLITHERING LOSSES

So ...The Real RXMD Story Is That
Revenue Comparisons To Previous
Months And Quarters Will All Start
To Become Increasingly Negative

In Fact: Revenues Are Already Starting To Fall And Reveal The Truth With An Already 2.4% DECREASE IN REVENUES This Quarter Alone From The Previous Quarter's Fake 76% Increase, And A 65% YOY INCREASE IN NET LOSSES . . . Which Will All Start To Unravel Even More While Drastically Getting Worse And Worse As The Months And Quarters Drag On

As Real Revenue Comparisons And Continued Historical Losses Will Become So Transparent That RXMD Will No Longer Be Able To Get Away With Always Trying To Mislead People With Their Kinky Little Gimmicks That Always Fail


WHAT ABOUT THAT CASH
Plus... And Get This: Any Cash They Have Is Not From Executing Any Kind Of "Well Thought Out Business Strategy", Ha Ha Ha LOL

BUT INSTEAD
Any Cash They Have Was Primarily All Scrounged-Up From Diluting Over 130 Million Shares During The Past 18 Months From "PR Pumps", LOL !!!

RXMD IS THE WORST STOCK
MASQUERADING ON THE OTC

LOL HA HA HA HA HA HA LOL

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

REFERENCE DATA

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 > $752K !!!
$1.93M / 28.7K / $66.28 = Apr
$1.80M / 28.5K / $62.06 = May
$3.30M / 46.0K / $71.08 = Jun > $349K !!!


That Last June Month Shows The Fake
Increase In Revenues Due To Throwing
Bad Money At A Worse Investment Used
To Tout Fake "Organic Revenue Growth"
While Always Ignoring The Huge Impact
It Has On The "Ever Increasing" Losses


FY-2020
Revs / Scripts / $ Per Rx = Mo > Qtr Results
$3.05M / 44.0K / $67.05 = Jan
$2.80M / 41.0K / $65.85 = Feb
$3.60M / 47.5K / $74.65 = Mar > $604K !!!
$2.97M / 41.6K / $69.71 = Apr
$3.00M / 40.0K / $73.14 = May
$3.25M / 44.0K / $70.52 = Jun > $575K !!!

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


BIG RED FLAG BIG RED FLAG
NOTHING BUT BIG RED FLAGS

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