Replies to post #48643 on Progressive Care Inc (RXMD)

[JohnCM]

RXMD $2,205,000 floorless convertible is TOXIC because its convertible at the LOWER of Market or a nickel.

"Is toxic" is a statement of fact. This is not a fact. In one year the note can convert to an increased number of shares but we will not know until 12 months from now. RXMD may very well be higher than 5 cents per share at that time.