Progressive Care Inc (RXMD): There are many that are obsessed with th...

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Progressive Care Inc (RXMD)

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Holysmokesgetserious

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Holysmokesgetserious

Re: None

Wednesday, 11/04/2020 8:12:34 AM

Wednesday, November 04, 2020 8:12:34 AM

There are many that are obsessed with the S1, MARS,and other side attractions. I believe that RXMD is positioning themselves to be acquired. Looking at 40M in revenues and an average multiplier to revenues of 6-10 times, so I believe it is very plausible for this company to be acquired in the $.50 to $.75 range.

40M x 6 =240,000,000
240,000,000 / 474,000,000 shares out = approximately $.51/s

9 x Rev would be approximately $.76/s

Basically chump change to larger corps

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Recent RXMD News

Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 07:54:25 PM
Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 04:38:35 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2023 04:16:29 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 01:40:42 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 01:34:02 PM
Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 01:20:59 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/20/2023 04:05:24 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/20/2023 04:04:51 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2023 01:40:09 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2023 01:37:47 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2023 01:35:39 PM
Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 04:14:11 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/11/2023 08:54:39 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/11/2023 08:51:22 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/11/2023 08:49:13 PM
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
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/30/2023 09:33:46 PM

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