Progressive Care Inc (fka RXMD)

[CaptHowdy]

Fernandez better plan on pulling a golden goose outta his sombrero. No institutional investments firms will even consider looking at a NASDAQ stock with a 52 week average of about $1.25, even after the merger with RXMD financials in the mix. They been sitting on a boatload of cash for two years and nothing to show for it, other than the accrued interest.

He needs to get the PPS upwards to a minimum of $5 or more to attract an investment community larger than retail and short sellers. IMO

I believe this is why an RS post-merger cannot be completley ruled out. He did it when RXMD was trading at a much higher valuation than NXPL, so who's to say he won't play the sneaky RS card again in the future?