Replies to post #53699 on Progressive Care Inc (RXMD)

[Jimmy Quick]

You talk smart, but common sense says that they are making deals at a better rate. First deal with Midam when we were in subpennies and with significant debt - 20 million shares. Last deal 3 million shares. That's like 85 % less shares than they received just a year ago. Secondly, Chicago Ventures deal is for $0.05 a share if conversion occurs. That is the cheapest they can exchange the balance on the LOC for. Let's just hypothetically say RXMD doesn't pay back the $280k owed. To convert, Chicago Ventures would get 5.6 million shares (280,000/.05) Yet if the deal was struck at just market value at today's share price they would have received 9.3 million shares (280,000/.03) Despite what some have characterized as poor management. They are doing just as they should be, offering far less shares for services due to company's growing value. Now Midam needs to do the same or beat it.

[Jimmy Quick]

Everybody always wants more, which is fine.
Let's take a look:
1. Everybody wanted them to get yield sign removed. DONE
2. Everybody wanted audit. In Progress.
3. Everybody wanted uplist off pinks. In Progress.
4. Now everybody wants share buyback or insider purchases. Personally, I get sick of hearing that. Let them finish what they have started first at the request of us shareholders before just moving on to the next. If you aren't happy with audit and uplist at present time, then you won't ever be satisfied. It's not about current share price, it's about where this share price is going to end up. Everyone has their own opinions of course.

[PersianMeow]

All they need to do is buy back the shares they gave to MIDAM. 50k a day :)