Progressive Care Inc (RXMD)

[MrMike241]

It's all true, but not the whole picture. I am certain that without NXPL's investment, RXMD was on course for a toxic spiral to trips. There was a lot of loan debt all coming due on demand in the short term and the stock was already declining to new lows. If the price dropped much more there wouldn't have been enough AS to pay the debt and there would have been an rs to correct that. The price would have been in trips because of the rs and continued dilution pressure.
IMO

But I also believe that if the NXPL investment was followed by CEO engagement and communication, with the news of RXMD's new financial situation, the stock would have moved up, not down.

I can't change what has happened. But I'm still not convinced that $10 is all that I have to look forward to. If NXPL can leverage Progressive Care with their technology to win technical market share in Healthcare, it could be good long(er) term.

I hope that there is news to quickly get everyone back to green. That would hurt less. I haven't given up hope that this works out well.

Good Luck RXMD shareholders!
$RXMD