Replies to post #46892 on Progressive Care Inc (RXMD)

[2times2]

nonsense...this lender won't ruin the reputation and anyways with instant disclosure of the conversion in a few cents range the market and pps will rather respond positively and who would want to sell borrowed shares lets say at 4 cents when the chances to a 50% drop at least to 2 cents are little but the risks that you have to cover later when the pps is higher are there...if the lender gets lucky to convert at few cents he will rather sell the shares strategically and over time with appreciating pps...now if the pps is already way above 5 cents thats a different story which however, also has its safety net

[JohnCM]

What are you talking about? If the stock price in one year is 5 cents or higher, the conversion will not be made under 5 cents per share.

[Level2Me]

Now read the agreement again.
Why would CVP want this stock to tank? So they can load a bag of worthless shares? Nonsense
CVP wants RXMD to do exceptionally well and get to 10c and above. Then they convert at 5c and profit significantly. Certainly sounds like a win-win for both parties and doesn't conform to the definition of toxic