Replies to post #106241 on Progressive Care Inc (RXMD)

[Wackamole]

such a great post. i had to repost.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145151720

[angeloh]

Yep... More of the good stuff...

RXMD OTCQB: Record Sales! New Pharmacies! Multi-State Licences!
Share Structure
Preserved OS as compared to 2 years ago:
see---
http://www.otcmarkets.com/stock/RXMD/profile
versus historic---
https://web.archive.org/web/20151229173335/ht...MD/profile

Float 350,121,394 11/19/2018
Authorized Shares 500,000,000 11/19/2018
Outstanding Shares 431,221,376 11/19/2018
Restricted 81,099,982 11/19/2018

Market cap
Market cap of a company in this sector (Drugs/Pharmaceutical; http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html ) easily reaches 4x the P/S ratio (up to 10x*)...so for an estimated 50M revs in 2019 the RXMD fair market value (and ~450M OS), not even taking its constant expansion into account, should be at a pps of 45 cents in a conservative evaluation (up to $1.10* pps).

14 state licenses. Expansion to 50 states
will follow within few years meaning revenue and profit multiplication!
Now Licences pending in 3 new states: Utah, Arizona, and Rhode Island https://ih.advfn.com/p.php?pid=nmona&article=76101390

[Fat Thor]

She's about to go again. April is the month.