Progressive Care Inc (fka RXMD)

[vp_007_99]

I'm in the wrong business. It looks like he's running two companies and using one to pay the other for "consulting".

During the nine months ended September 30, 2020 and 2019, the Company had a consulting arrangement with Spark
Financial Consulting (“Spark”), which is a consulting company owned by an employee and preferred stock controlling
shareholder of the Company. Spark provides business development services including but not limited to recruiting,
targeting and evaluation of potential mergers and acquisitions, finding third party contractors and assisting with
related negotiations in exchange for a monthly fee of $16,000 in 2020 and 2019. Additionally, Spark may be entitled to
additional fees for additional consulting services. During the nine months ended September 30, 2020 and 2019, the
Company paid Spark $176,400 and $178,158, respectively.