Progressive Care Inc (RXMD)

[whatdoyouseek]

J1989, this is what I see. They have been acquiring companies for the last few years. They could easily make profits temorarily if they could let some employees go. I think MS Mars was trying to find the best solution for everyone. CEO may have left due to conflicticts on their business plans. This just my opinion. Employee morale is important to any company. You don't want to abruptly start terminating jobs without a good plan that can sustain your business growth either. They might let some people go if this acquisition mode is not stainable. They have been trying to expand their business by utilizing technologies that are currently available to them to raise profitability without damaging what they have right now. I would like to see a successful S-1 submission, but I am not for the NASDAQ uplisting at this moment when they are not making profits. It is unfortunate they need to issue a lot of shares to acquire the company, but I can take it as log as they start making profits by going nationwide. I definately don't want to see another big OS increase though. IMHO.