Replies to post #70290 on Progressive Care Inc (RXMD)

[ndww42]

RXMD as is today with 1 location is EASILY valued at .25-.50.

Most of the valuations I've seen are within that range.

M&A and/or a buyout are IMMINENT meaning they are going to happen at any moment. These are their next steps.

Therefore, if you price in an acquisition and/or buyout we are then talking .50-1.00+.

That one location makes 25M+ a year.

Palm Beach County is where they want to expand among other places. Customers there have been calling RXMD and asking when they are going to expand there.

So the demand for this is everywhere and in the meantime they are growing their other revenue streams as well.

.05 will be a blip on the spectrum of where this is headed.

We'll all look back and laugh at the fact that these prices even existed.