Replies to post #22522 on Progressive Care Inc (RXMD)

[MoneyForNuthin]

Thank you, again. I reviewed the 144 and 145 a while back and also took another look this morning.

I was just looking into it with more depth as maintenance DD to see if I could dig up anything at all that would indicate that the debt had not been paid off last week. I find nothing at all, so I am sticking with my original suggestion that, if there was any basis for the 20% limit - which, I believe you, the company must have given you guidance on this in the December2014/January2015 time frame when you first mentioned - it was most likely part of the "sales process" agreement between between Tarpon and Progressive Care.

In other words, there is no SEC rule or other limitation to the sales of the shares - as noted in the 8K court order, the shares are "free-trading" common shares. But it makes sense that RXMD gave guidance to Tarpon on the general process, something like... sell no more than 20% of the daily volume to the bid, so as to avoid unnecessary pps deterioration. However, if there is bid pressure and ask slapping, move up and sell or just sell at will.

Something like what I am suggesting above must be the case, as there is no correlation between a number like 20% and the tranche quantity versus period volumes.

My (personal opinion based on my DD) conclusion is even higher confidence that selling is finished - except possibly very minor cleanup as indicated previously - and the debt is paid off.