Progressive Care Inc (RXMD)

[stockforce]

"Over 73% of funds raised were secured from senior management and Board of Directors and existing shareholders. The Company's Chief Executive Officer, Mr. Charles Fernandez, a significant investor in Orbsat's (NextPlat) recently completed public offering, personally invested approximately 30% of the $7.2 million raised."
https://ir.nextplat.com/news-events/press-releases/detail/85/orbsat-announces-7-2m-private-offering-of-common-stock

This is how much they believe in their own investment, their own company, including the $8M investment in Progressive Care. "NextPlat intends to be a next-generation global e-Commerce platform company focused on additional revenue opportunities across multiple high-growth sectors including both tangible and digital assets. This financial transaction will enhance the Company's balance sheet providing additional cash for working capital needs, potential acquisitions, joint ventures, and ongoing business transition activities."

All these highly seasoned investors put their own money in their own company and in Progressive Care with clear goals. More good news are coming our way.