Progressive Care Inc (RXMD)

[stockforce]

I called Armen about 2 months ago and pushed him specifically on M/A. He said exactly what Jay mentioned in this Q1 CC. There are some companies that they want to work with that have great synergies with Progressive Care. But “all parties are currently on standby mode” just waiting on this single event, which is the uplist of RXMD”. With this new partnership, their business will go nationwide and tremendously increase shareholders value.

Jay: “Becoming a NASDAQ-listed company opens up the opportunity to raise additional capital to finance the company’s growth through acquisition.
Over the last several years, we have established strong relationships with companies in the healthcare space that we believe are very synergetic with what we do now or would like to get involved with and could complement our growth in the future. We wish we could discuss more about the uplift, but legal restrictions are limiting what we can disclose at this time.”

https://seekingalpha.com/article/4512721-progressive-cares-rxmd-ceo-alan-j-weisberg-on-q1-2022-results-earnings-call-transcript