Progressive Care Inc (RXMD)

[MrMike241]

The two combined companies will have $26 million total in cash and hardly any debt. They are very well positioned, and I still like to think that despite the lack of communication lately, there are smart people on both sides.

Good point. And combined revenue of almost $90M.

They weren't exactly clear about the NXPL valuation in the exchange ratio. Some are saying 1.5 for 1. At this point, I hope for that, but for all I know, it could be 1:1.

I recently added 1700 RXMD as low as $1.93, which helps my average. I'm still red in all 3 accounts. And close to even on NXPL, though it was mostly paid for by selling red RXMD shares. It's complicated.

I believe that my investment in the combined company will be valued higher than the shares that I'm holding today. After all, I invested in Shital's technology vision, and NXPL brings real technology infrastructure.

I wonder what the PPS of the combined company will be when the transaction is complete? It won't be $3ish, IMO. I have reason to hope that I turn green, at least! It kind of depends what Charlie does with that $26M cash. Charlie is playing chess, what is his game plan?

Good Luck RXMD shareholders!
$RXMD