Progressive Care Inc (RXMD)

[Spider Web]

MORE~KINKY~STORIES~AND MORE~BLITHERING~LOSSES

The Price Of A Kink Is Not Worth
The Cost Of A "Gimmicky Story"
Surrounded By Blithering Losses

RXMD IS THE WORST STOCK
LOL HA HA HA HA HA HA LOL
MASQUERADING ON THE OTC

Obviously RXMD Was Trying To Dilute
As Much As Possible While Also Trying
To Buffer The PPS With Rumors Before
Those Lame Q2 Losses Were Reported
. . . As They Continue To Keep Diluting

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

THE KINKY STORY OF
NETE~MULLEN~RXMD

Mullen Is A Private Company That Wants
To Use NETE For Merging Because It Is
A Quicker & Cheaper Rout To Get Onto
The NASDAQ Rather Than Through The
Long And Tedious 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 "Merging" With Anyone
And Has Nothing To Do With Anything
Except Being Used And Abused While
Diluting Shares And Creating Losses

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

NOTE: Most NETE Losses Occur
During The 3rd & 4th Quarters, So
Fiscal 2020 Huge Losses Should
Still Be Around $6 To $7 Million

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

And The Only Way For RXMD To Get
Cash To Offset The Value And Satisfy
Any Loan Against "A Very Poor 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" ...

* She Then 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 Needed Cash To Help
Another Company At RXMD's Expense

RXMD IS THE WORST STOCK
LOL HA HA HA HA HA HA LOL
MASQUERADING ON THE OTC

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

THE KINKY STORY OF
BLITHERING~LOSSES

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

That Is Almost A 60% Reduction In
Their Little "Fake" Revenue Gimmick

And As Time Goes On The Fake Increases
In Their Revenue-Gimmick Will Get Worse
And Worse, As The Fake Growth From A
Failed And Kinky "Revenue Acquisition"
Wears Itself Off Into A 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

Revenues Are Already StartingTo Fall
And Reveal The Truth With An Already
2.4% DECREASE IN Q2 REVENUE
----------------------> And <----------------------
65% INCREASE YOY NET LOSSES
Which Will Start To Unravel Even More
And Drastically Get Worse And Worse
As The Months And Quarters Drag On

The "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
Worthless Gimmicks That Always Fail


AND ABOUT THAT CASH
And Get This: Any Cash They Have
Is Not From Executing Any Kind Of
Well Thought Out Business Strategy

BUT INSTEAD
Any Cash They Have Was Primarily
Scrounged-Up From Diluting About
140 Million Shares During The Past
19 Months From "PR Pumps", LOL


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


STRUNG OUT AND DILUTED
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 REVENUE REAL LOSSES
Lots Of Quantity . . . But Unfortunately
No Quality At All Regarding Everything
That Has To Do With Poor Little RXMD

RXMD IS THE WORST STOCK
LOL HA HA HA HA HA HA LOL
MASQUERADING ON THE OTC

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

REFERENCE DATA


FY-2019 HUGE KINKY LOSSES
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 June-2019 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 MORE KINKY LOSSES
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 !!!


HUGE KINKY DEFICITS
EOY 2017: Acc-Deficit = $3.2M
EOY 2018: Acc-Deficit = $4.8M
EOY 2019: Acc-Deficit = $7.3M
First Half 2020 So Far = $8.5M <--- WOW !!!
A 166% Increase Over 2017
It's Just Q2 2020 And Acc-Deficit
Already Jumped Up To = $8.5M !!!
EOY Now On Track For = $10M !!!


KINKY 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 = $8.9M <--- WOW !!!
85% Increase Since 2016
First Half 2020 Already = $4.8M
EOY 2020 On Track For = $10M


HUGE MEGA KINKY DILUTION
Jan 01, 2017 = 344,107,607 = Baseline
Jan 01, 2018 = 352,315,147 ~ 8M Never Stops
Jan 01, 2019 = 425,630,944 ~ 73M Pump Dump
Jan 01, 2020 = 436,280,944 ~ 11M Pump Dump
Aug 15, 2020 = 474,522,031 ~ 38M So Far !!!
Total Increase = 130,414,424 <--- WOW !!!
38% Increase Since The 2016 Fake Pump
These Losers Have Been Diluting About
3M Shrs Per Month: Mostly On Pumps !!!

But It Only Took A "Couple Days"
After The Last PR About "Test-Kits"
To Dilute Almost 7 Million Shrs, LOL

The Dilution Will Get Worse And
By The End Of This Year The OS
Will Be Around 500,000,000 LOL

RXMD IS THE WORST STOCK
LOL HA HA HA HA HA HA LOL
MASQUERADING ON THE OTC

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

RXMD HAS NO SUBSTANCE
AND THEY NEVER HAD ANY

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157395347


BIG RED FLAG BIG RED FLAG
NOTHING BUT BIG RED FLAGS

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157659714


LOSSES DEBT DILUTION SPLIT
ARE NOW "A GOOD THING" LOL

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157310223


RXMD IS THE WORST STOCK
LOL HA HA HA HA HA HA LOL
Of Course This Is All Speculation As
Information Can Be Retrieved From
The Internet In Order To Speculate
LOL HA HA HA HA HA HA LOL
MASQUERADING ON THE OTC