Progressive Care Inc (RXMD)

[James salmon]

After doing a bit of research, I think I have a better understanding this afternoon of what’s going on;

So NextPlat is going to be like a holding company with currently 3 different revenue streams;

1.E-commerce technology currently selling satcom products – Outfitters is US-based, a market the company didn’t really penetrate since the focus is Europe and global where it sells satcom products and airtime. So reason for Outfitters acquisition to gain US customers and instant revenue stream.

2.They are expanding the e-commerce business to include health and wellness products (such as OPKO and other potential brands via the e-commerce development program with Alibaba) including launching their own brand of vitamins (Florida Sunshine).

3.RXMD is a healthcare services and technology company in-line with the insiders background and let’s not forget Dr Frost has a major investment in NextPlat and we know he is a healthcare titan. Clearly focus is currently on healthcare services which in itself has increased prescription numbers. Also let’s not forget when they release Florida Sunshine RXMD can very much promote this high margin product in store and to its current clients.

So basically once merger is complete RXMD shareholders get access to all revenue streams via our shares being converted to NXPL shares of 1.48 shares for every 1 RXMD share.