$RXMD = GREAT INVESTMENT, 20 MILLION REVS RXMD IS ON A COURSE FOR SUCCESS, ON OTCQB and NASDAQ
OUTLOOK FOR 2018: Completion of TWO REVENUE PRODUCING ACQUISTIONS (TouchPointRX Complete) OUTLOOK FOR 2019: SEC Reporting Compliance, NASDAQ Uplist, and more ACQUISITIONS ALL POINTS TO CONTINUED DEVELOPMENT AND GROWTH THROUGH EXPANSION ****INVEST WISELY****
WITH EXTREMELY LOW SHARE STRUCTURE RXMD Security Details Share Structure Authorized Shares 500,000,000 08/13/2018 Outstanding Shares 430,971,376 on 08/13/2018 This balance also includes 5,590,432 common shares that were beneficially owned by Progressive Care through PharmCo, LLC and Progressive Training, Inc. and will be retired back to Treasury. So actual amount is 425,380,944 Outstanding on F/S Previously 428,997,097 on 7/17/18 Restricted 83,599,982 07/17/2018 Unrestricted 345,397,115 07/17/2018 Float 334,506,590 03/31/2018
***THE REAL DEAL*** TWO REAL BRICK AND MORTAR LOCATIONS SERVICING: MIAMI DADE COUNTY, FLORIDA MARTIN COUNTY, FLORIDA PALM BEACH COUNTY, FLORIDA BROWARD COUNTY, FLORIDA 63 Employees 2 YEARS AUDITED FINANCIAL STATEMENTS OTCQB with INDEPENDENT BOARD and AUDIT COMMITTEE MEMBERS
HERES SOME JUICY 2018 NUMBERS - W NEW LOCATION ACQUIRED 3/30/18, these revenues will start to be recognized July 1, 2018 Scripts: 158,877 a 26.1% increase compared to July 31, 2017 Net Revenue: $10.3 million, a $344,000+ increase compared to July 31, 2017 340B Sales: $3.3 million, a $2 million+ increase compared to July 31, 2017 Annualized, 2018 340B Sales are estimated at $6.1 Million, that's a 120% increase over 2017's $2.75 Million. PharmCoRX is obviously increasing the number of customers.
Then let’s observe increase in revenue last year. JUST KEEPS INCREASING YOY Then check out increase in revenue from the last 2 years. Overall G - FY 2013 = $9.3 million R - FY 2014 = $11.3 million O - FY 2015 = $13.7 million W - FY 2016 = $18.3 million (AUDITED) T - FY 2017 = $20.1 million (AUDITED) does not include 340B revenues of $2.75 million H - FY 2018 = $12.1 million (7 months) does not include 340B revenues of $3.3 million
LET'S TALK ABOUT INCOME FROM PREVIOUS YEARS Shall We . . . FY 2017 = AUDITED Net Income, and w/o Discontinued Operations Net Income is $139,251 FY 2016 = AUDITED Net Income, and w/o Discontinued Operations Net Income is $259,319 Yes it did go down by $120,000, but quite explainable with information detailed below and still extraordinary when you consider the improvement from 2015 and 2014, FY 2015 = $(1,219,000) Net Loss FY 2014 = $(1,009,000) Net Loss
Expenses effecting additional net income has been applied to development, growth, and expansion initiatives. Growing, Growing, Growing. Everything says they are using money to GROW.
Available Cash Is Building Up !!! End Of 2017 = $419,000 2nd Qtr 2018 = $705,890 FY 2017 A/R = $1,270,114 2nd Qtr 2018 = $ 1,165,855 Cash and A/R Combined Cash Assets December 31, 2017 = $1,689,000 June, 2018 = $1,871,745
[color=blue]EVERYTHING IS MOVING FORWARDS AND LOOKING GREAT !!! Another Acquisition Scheduled for 2018 Another Acquisition, SEC Reporting Compliance, and NASDAQ Uplifting for early 2019
H1-2016 NET INCOME = $217,765 Due To The One-&-Only Growth Spurt
H1-2017 NET INCOME = $25,144 Heading Back To Usual Net Losses
H1-2018 NET LOSS = ($439,164) Back Again To Huge Net Losses !!!
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INCOME HAS DROPPED 312% SINCE FIRST-HALF OF 2016 !!!
THE EPS HAS DROPPED 270% SINCE FIRST-HALF OF 2016 !!!
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RXMD IS GOING TO CRASH
THEY HAVE NEVER EARNED ANYTHING ON THEIR OWN !!!
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PUMP-N-DUMP DILUTION FOR CASH
86,926,269 Or 25% Increase From P-n-D Aug 14, 2018 = 430,971,376 Jun 29, 2018 = 427,218,286 May 16, 2018 = 426,140,932 May 14, 2018 = 423,956,572 Mar 31, 2018 = 412,366,140 Feb 15, 2018 = 370,999,201 Feb 13, 2018 = 365,408,769 Jan 31, 2018 = 364,109,134 Dec 31, 2017 = 357,905,579 Sep 30, 2017 = 345,045,107 Approximate Beginning Of Pump-n-Dump
THEIR ONLY SOLUTION TO SURVIVE
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MISINFORMED 10-Q REPORTS THAT ARE NOT AUDITED QRTLY !!! Only The Fiscal-Year Reports Are Audited