Progressive Care Inc (RXMD)

[Turbomunkey]

Good gravy...

Tax Considerations: In some cases, a company may have tax-related reasons to push down the stock price. For example, if the company wants to issue stock options to employees or conduct an acquisition using its stock as currency, a lower stock price can result in tax advantages for both the company and the recipients of the options or the acquiring company.

Strategic Investments: Lowering the stock price can also be a strategic move to create acquisition opportunities or attract potential investors. A lower stock price may make the company more attractive to other businesses looking for merger or acquisition targets. It can also make the stock more affordable and appealing to new investors, potentially expanding the company's shareholder base.