Progressive Care Inc (fka RXMD)

[DCorleone]

RXMD CHEAPIES? Lastly, I would like to discuss the recent restricted share issuance to myself and the employees of this Company. This is a subject I feel so strongly about, that my passion cannot be adequately conveyed in writing. This share issuance, at this time, was equal parts long overdue reward for past performance as well as long term incentive for future performance. The people that work here have sacrificed and devoted their lives to the mission of this Company, especially those that have been here before the Company was publicly traded. Any person, shareholder, or investor who believes that this issuance of shares was a giveaway, does not understand the amount of work that goes into developing a Company like this with limited resources we have had.

These shares were approved when the Company traded just above $0.01 per share. The shares were issued with vesting periods of 1 year and cannot be sold during that time pursuant to their restrictive legends. We had no anticipation of what the future trading pattern would be. What we knew is that the Company had grown and that our plans included more growth, which required even more sacrifice from our management and employees. This Company has been in business for over 10 years. Now was the time to prepare for the future and to honor the work that had been done.

I always strive to make our shareholders proud. I believe in the mission of this Company and the vision we have put forth together to improve the healthcare delivery process. I will continue to devote myself to every effort that is beneficial to all stakeholders, while also remembering that my leadership is not limited to the numbers on paper but is also measured by the wellbeing of people who give so much for so little.

Today, all I can do is reinforce the confidence you have in me, this team, and this Company. This is the same Company it was 3 months ago: profitable, growing, determined. We want our shareholders to put their money behind us because they believe in us and want to be part of this unique story that is just beginning.