Replies to post #74995 on Progressive Care Inc (RXMD)

[Jimboslicefi]

Transparency

[red13]

A letter of intent is a material change in a company's profile. It needs to be disclosed for shareholders. That was sort of my point in saying it has legal significance.

[JohnCM]

A question asked out of ignorance. Why disclose a LOI. Why not wait for a contract.

Not unusual.