Replies to post #85730 on Progressive Care Inc (fka RXMD)

[Wangenstein]

RXMD is still on the SEC's Reg SHO list. Your copy/pasted argument is invalid.

https://www.otcmarkets.com/market-activity/reg-sho-data

[Jimmy Quick]

EVERYTHING IN THAT POST IS BACKWARDS
Must show the entire PIE not just a piece of the PIE.

THERE ARE ONLY GOOD MONTHS
For instance check out increase in revenue last year.

Then check out increase in revenue from the last 2 years.


LET'S TALK ABOUT INCOME

Shall We . . .
The Entire Year Of 2017 Coming In At
$49,251 Is Something To Toot Our Horns About Eventhough Income For Fiscal Year 2016 Was $209,319 Especially when you consider the improvement from 2015 and 2014,
That Net Loss For Fiscal Year 2015 Was $(1,219,000)
And Net Loss for Fiscal Year 2014 Was (1,009,000)

Now lets analyze where some of expenses affecting additional income has gone to. See below. Obviously it is expansion initiatives. Growing, Growing, Growing. Everything says they are Growing.


Also management has restructured Key Pharmacist agreement, which could result in the following increases to Net Income for 2018 and beyond.

And The Available Cash Is Half As Much !!!
End Of 2016 = $816K ... End Of 2017 = $419K

Oh, but when recorded with Accounts Receivable
End of 2016 = $1,683K … End of 2017 = $1,689
An increase of $6K and liabilities also decreased by $95K, for a net positive change of $101K.

EVERYTHING IS MOVING FORWARDS AND LOOKING GREAT !!!

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 .

RXMD has been profitable for the last 2 years, while completing expansion initiatives. While obtaining all of their projected goals.

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 !!!

The little annex is 5000 square feet, and already bringing in over 1 million in revenue, which RXMD will turn into over at least 5 million guaranteed by mid 2019.

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

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

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

40 million were issued to management and CV has already sold the shares issued that increased the amount from 352M to 372M. The additional 4 million have been issued to CV for acquisition. Everyone forgets that the acquisition either impacts cash on hand or it impacts shares outstanding. Both affect the bottom line. I seem to remember a reference above about cash on hand, which is still in great condition for an OTC company.

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

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 ?

It’s simple. Scripts include 340B sales and the $1.9 million revenues reported do not include 340B revenues. As 340B scripts continue to increase, which we obviously know they are, the revenue per script will likely continue to decrease. Simple Math.

SHORT TERM PRICE TARGET $.35

[why_meil]

Oh what a web we weave!

Look, failure to deliver borrowed shares means the shorter never took position of shares to short in the first place. It's illegal market manipulation. No, shorting a stock isn't illegal, but failing to deliver borrowed shares after 13 days on the Reg SHO is!

It's illegal because it creates an endless supply of shares to be shorted even when in reality there are very few available.

You my friend are confusing 100% legal shorting of a a stock, with 100% illegal failure to delivers!

RXMD taking action against the Reg SHO FINRA violation is a very prudent step on their part. And it's the right thing for them to do.

If someone broke into your house and robbed you, would you not call the cops to report the crime?

[Spider Web]

LET'S BE VERY CLEAR HERE


The Stock Price Here Isn't Going Down
Because Of Shorts Or Naked Shorting...

The Reason RXMD Is Going Down Is Because
This Company Tricked You Into Some Major
Dilution That No Pumper Will Admit To, LOL

Also, They Substituted Grandiose Promises And
Unobtainable Projections With A Whittled Down
Version Of Reality, Along With The Insignificant
Results Of Many Pandering Story-Lines !!!


YUP ... THAT'S WHAT HAPPENED


RXMD Is Drowning In "Non-Accretive Dilution"
And Poorly Executed Equity Financing, As Well
As Prematurely Overextending Themselves To
Quench The Anxiety Of Vulnerable Investors
With "Less-Than Projected" Results


YUP ... THAT'S WHAT YOU GOT


Using This Topic As A Diversion Away From
The Real Truth And Facts Has Been A Staple
For Pumpers Since The Beginning Of Time


YUP ... THAT'S ALL IT IS


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

I Will Add My Last Few Posts To This New One
Because Sometimes People May Miss Them As
They Are Quickly Bumped-Off The Main Page
LOL HaHaHa LOL HaHaHa LOL HaHaHa LOL

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


ABSOLUTELY RIDICULOUS !!!

THE CEO IS ACTUALLY TRYING
TO PANDER TO SHAREHOLDERS
ABOUT NAKED SHORTS ? ... LOL


IT HAS ALL COME TO THIS ?

!!! LOL HA!!! HA!!! HA!!! LOL !!!


JUST RIDICULOUS !!!

LOSING ALL KINDS OF
CREDIBILITY HERE !!!


Shorting & Naked Shorting Is Nothing New !!!
It's All Part Of The Game ... So Deal With It !!!

I Will Be Sure To Post This Again After
It Quickly Falls Off The Page ... LOL !!!


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


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


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


THE NEXT TARGET IS 4 CENTS

My Opinion Is The Only One That Matters

[ :----- )