Replies to post #109010 on Progressive Care Inc (RXMD)

[yanquitrader]

Appreciate the response. Quick follow-up - where do you see that the extension for the 'Entry to Material Definitive Agreement' is for two weeks?

Thanks again.

~ yanqui

[angeloh]

All excellent News for RXMD...

Walkthrough of These Acquisitions by Example.
TouchpointRX Acquisition Example:

Letter of Intent to Purchase TouchpointRX Pharmacy: Press Release 3/12/18

Entry into Material Definitive Agreement TouchpointRX Pharmacy: Press Release 4/2/18

Completion of Acquisition TouchpointRX Pharmacy: Press Release 7/1/18
This is where they have to wait for all the regulatory licenses and stuff to be acquired under the ProgressiveCare name for the new locations for insurance and billing of claims to take place.

To me it appears they have extended the expectation for Entry to Material Definitive Agreement expected for 1/15/19 for two weeks. Hope this helps.