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News Focus
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DMC73

04/15/18 6:42 PM

#85375 RE: Spider Web #85368

RXMD Is Expanding and will win the battle soon!
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TheSerb

04/16/18 8:12 AM

#85397 RE: Spider Web #85368

LET'S TALK ABOUT INCOME

Yes!

The YOY March Numbers Increase of 20%!

WOW!

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TheSerb

04/16/18 8:12 AM

#85398 RE: Spider Web #85368

IN CASE YOU MISSED LAST WEEKS AWESOME NEWS!

Progressive Care Reports 20% Increase in Year over Year Prescriptions Filled During March 2018
BY GlobeNewswire
— 8:15 AM ET 04/13/2018
MIAMI, April 13, 2018 (GLOBE NEWSWIRE) -- Progressive Care Inc. ( RXMD
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) , a healthcare services and technology company, announced increased prescriptions filled and revenue for March 2018.

PharmCo, LLC filled over 22,800 prescriptions during the month of March, generating nearly $1.9 million in net revenues. Prescriptions filled and revenues increased by 20% and 5% respectively compared to the same month last year. Revenues and prescription counts continue to increase as the Company promotes its proactive patient engagement model to doctor’s offices and clinics keen to lower healthcare costs and provide quality service to their patients. The company also filled over $470,000 worth of prescriptions on behalf of 340B entities (not included in Net Revenues) in February, generating fees to the pharmacy of approximately $20,000 which is over a 200% increase over the same month last year.

The Company is proceeding with its acquisition of Touchpoint Rx, located in Palm Beach County. The Company has begun the process of filing applications and notifying relevant regulatory agencies the results of which will consummate the closing. In the interim, PharmCo, LLC is facilitating the management of the Touchpoint and initiated transition processes for smooth workflow and the introduction of convenience packaging to the South Florida retail market.

“This has been truly an exciting quarter,” stated S. Parikh Mars, CEO. "We are well on our way to having our second location. Our services will be greatly improved by addition of automated convenience packaging options for retail patients. We have a number of other initiatives we are pushing forward on and feel that we are executing well.”

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Jimmy Quick

04/16/18 10:44 AM

#85435 RE: Spider Web #85368

ProgressiveCare Inc. Net Income Walk Down Memory Lane!

I knew there was a reason you only went back to 2016. LOL It would show way too much improvement and positive outlook otherwise. Also I am going to throw in some costs and reasons for those, which are primarily expansion related. This company is in EXPANSION MODE. The numbers tell it all.

I think some GREAT strides have been made, which shows the future here with continued expansion and increased revenues. Sorry for the lack of all the pretty colors in my posts. I didn't think that was necessary.

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Spider Web

04/16/18 2:59 PM

#85528 RE: Spider Web #85368

THERE ARE NO GOOD MONTHS

No Matter What You May Think A
Good Month Is, Or What It Could Be ,
It Will Never Overcome The Recent
66M+ Share Dilution And Premature
"Small Annex" Effort To Expand When
Used While Pandering To Shareholders



Oh . . . And One More Thing :

When You See People Using The Same
Old Tag-Line About Bashers Being A
Good Sign To Start Buying . . .


. . . Don't Believe It

================================

LET'S TALK ABOUT INCOME

Shall We . . .


Some Think That A Fiscal Year Income
For The Entire Year Of 2017 Coming In At
Only $49,251 Is Something To Tout About

But Some May Not Know That Income
For Fiscal Year 2016 Was $209,319

Even Though "Positive", It's Still Nothing !

And Not Only That ... But 2017's Income
Was
77% Less Than The Previous 2016

And The Available Cash Is Half As Much !!!

End Of 2016 = $816K ... End Of 2017 = $419K


WHAT THE HELL HAPPENED !!!

EVERYTHING IS BACKWARDS !!!



Any Income Here Is Nothing To Tout About .
It Has Been Cycling Monthly +/- For 18 Mos ,
Ever Since They Had Their "One And Only"
Growth-Spurt Back In The Middle Of 2016 .

Going Forward: The Income Will Decrease
More & More As They Prematurely Try To
Dazzle Investors With Meaningless Stories
Designed To Give Hope While Covering Up
The Truth Of Overextending Themselves .

Has Anyone Paid With A Bitcoin Yet ?
And How Is That Blockchain Going ?
What About That Exciting MJ-Oil ?
Is The KIOSK Raking In Profits ?


!!! LOL HA HA HA HA LOL !!!
TOTAL AND WORTHLESS BS


Sorry . . .

================================

MORE JUICY INFORMATION

RXMD Knows That They Will Never Be Profitable Or Have Any Sustainable Positive Income. So The Only Thing That They Can Do Is To Play The Never Ending Game Of "Always Taking Your Eye Off The Ball", And Then Substituting The Facts Of Never Obtaining Any Projected Goals, With More Story-Lines .

Like Adding A "Silly Little Annex Location" In Order To Substitute For The Lack Of Expansion And Growth Used When Pandering To Investors In The Past, As Opposed To Any Real Growth. Only To Now Be Whittled Down To An "Annex Location", And Then Used As An Excuse To Justify For The Lack Of Income And Profits Going Forward ... LOL ... SO TRUE !!!

Meanwhile, They Perform Massive Dilution Through An "Internal In-House IR Pump-n-Dump Strategy", While Setting Up Massive Cash Dilution And More Debt Through Poor Dilutive Equity Financing Under The Disguise Of Trying To Pass It All Off As Something Laughably "Accretive" ... LOL ... AGAIN, SO TRUE !!!


================================

PUMP-N-DUMP

According To OTC The OS For RXMD Has
Increased From 352M To 418M Since Jan !

That's 66M Shrs In Just 3 Months !!!


================================

REVS ARE GOING DOWN
AS COSTS ARE GOING UP


Don't Forget That March And August
Always Have The Most Working-Days ,
And So They Should Always Show The
"Better Than Average" Unit Numbers .

And You Would Also Expect One Of
Those Months To At Least Hit 25K
Units, As Projected ! . . . And Those
Are Still "Last Year's Projections" !!!

And You Would Expect Monthly Revs
To Be At Least Hitting Well Over $2M ,
But Way Below Those Projections Too !


================================

UNIT REVS ARE GOING
** B A C K W A R D S **

COMPARE THESE MONTHS
March 2016 = $83 Per Rx-Unit
March 2017 = $94 Per Rx-Unit
March 2018 = $83 Per Rx-Unit

COMPARE THE Q AVERAGE
Q-1 2016 = $77.60 Per Rx-Unit
Q-1 2017 = $91.79 Per Rx-Unit
Q-1 2018 = $78.10 Per Rx-Unit

How Did The Rx-Unit-$ Go Backwards ?

22.8K Units Divided By Only $1.9M Rev
= Only $83 Per Rx-Unit

It Should Have Been At Least 25K Units
With $2.5M Revs = $100 Per Rx-Unit

What About Compounding Scripts ?
Like: 1 Month - To - 3 Month Supplies
Doesn't That Trick Work Any More ?


================================

NO POSITIVE INCOME
NEVER A PROFIT
MORE COSTS
LESS CASH


And When The CEO Was Directly Asked
About Profits And Positive Income In
The Last Radio Interview, All She Did
Was Skirt The Question By Changing
The Topic With A Poor And Vague
Answer That Basically Meant :


N O T H I N G

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THE NEXT TARGET IS 4 CENTS

My Opinion Is The Only One That Matters

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