Replies to post #15701 on Progressive Care Inc (fka RXMD)

[@shadyric]

Thanks for info all !
I was in and got out quick with a haircut lol
I still like the fundamentals here !
My timing was off, but may consider jumping in again !

[stockforce]

I have to disagree with your pay off numbers. When RXMD COO Shital Mars stated "We also have cut our aged debt in half and are making major strides to set the company apart from our competition. We have worked extremely hard to meet the expectations of our shareholders and are very proud of how far we have come " on Aug 6 about RXMD's operating profits after record sales quarter, she actually was quoting the data ended on June 30, 2015. And that was almost 2 months ago.

Her Linkedin account also clearly showed 80% of Tarpon have been retired, which was updated sometime in between July and early August. Based on continuous heavy volumes in the past several weeks and the way MMs sell, I'm boldy guessing over 50% of daily volume actually went to Tarpon.

My calculation tells me there's probably only 10% or less of Tarpon debt left by now. Any big news will easily wipe it off within 2 weeks time.