Replies to post #32663 on Progressive Care Inc (RXMD)

[Diamond42]

I would like to here people's perspective as well but I have it between .25 - .40 as we stand right now.

[2times2]

Market cap right now should be ~3 times (no debt, expansion, increasing prescription fills) the 2015 annual revenue of ~15M (=$45M). So with some ~340M shares O/S the fair market value now is 13 cents/share. That is extremely conservative and does not take the 340B revs and other growth oriented developments into consideration. PPS could be easily between $0.2 and 0.4 in a year from now, not taking a possible buying hype (which I would not like to see but could result in a rapid instable rise to 80 cents), into consideration. The pps will totally not be one cent lower in a year than 20cents/share IMO