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Friday, July 23, 2021 9:59:58 AM
There's a reason why the company stopped SEC reporting. It's VERY expensive (relative to alternative reporting via OTC Markets), and for a small company it is also very taxing on limited resources and for these two reasons adds undue risk to small business growth plans - which ALL small businesses need to prioritize highly until they achieve a certain threshold of operations relative to their achievable growth plan. As we can all see from the trend and the results over the past 6 years, Progressive Care / PharmcoRX has been successful in making major milestones along their growth trajectory, and the "achievable growth plan" (as I phrased it) is showing no upper boundary anywhere in sight.
Now, step back and look at where we might be if the priority was to resume SEC reporting, rather than continue on this growth trajectory... you could probably erase the past 2-3 years of added value, and the company would be still be struggling just to achieve one or two of those milestones that are far in the rear view by now, with much lower revenue and far from profitable - but they'd be SEC reporting.
The company IS clearing the note, AS WELL AS actively pursuing improved reporting and listing, and has never had a better financial AND growth posture. Now is not the time (imo) to get excited with arms flailing, (imo) it's the time to take heart and look positively at the future that's within arm's reach, for turning the corner toward Wall Street with a strong and convincing value and growth proposition.
I know you've been around for quite a long time, and I understand the impatience. But I've also been around a long time, and I stand by Armen. Early on, I didn't know Armen and couldn't trust someone I didn't know, so I called him whenever I was uncomfortable about 'why' or 'what for'. It's been a few years since I've felt the need to call him. I have all I need in the filings, and I'm very comfortable with my position (stock holdings), but I still find funds to add more just about every week. Just sayin'... there are shareholders out there who are patient and quite happy with this investment. Even if it takes longer than I'd like. I really just want to make a killing and build multi-generational wealth in just a few short months or years, but... I'd rather invest in great businesses with enormous growth potential than put my hard-earned money on a betting line or the lottery.
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