Replies to post #110901 on Progressive Care Inc (fka RXMD)

[TheSerb]

They are profitable...check their audited financials...

[Jimmy Quick]

Do you even remotely believe this? How long did it take for Amazon to turn a profit? The company is expanding the business and revenues. The company was profitable for two years in a row when they were somewhat just idle on expansion initiatives. Even then they were completing square footage buildouts and buying new robots and delivery fleets. They are putting money into aggressive growth. They will be at .30 by end of next quarter.

[gedi8]

You're joking...right?? Try .25 - .35 next Q

[straighttalk2004]

Bingo! They can’t make money and the PPS and market are reflecting that. I think gedi had an honest mistake in decimal points. Should have read .025 - .035.

[BullMarket34]

I could pluck out 50 publicly traded companies on the OTC and Nasdaq trading at higher market caps that aren’t profitable.

I could also pluck out a good amount that have similar or even less revenue than RXMD and that aren’t profitable trading at a higher market cap.

You also predicted “carnage” the day after the new funding facility was announced.. what happened with that?

Most of RXMD’s losses last year came via derivative liability expense — which is merely a paper loss.

But thanks for your concerns nevertheless! Super happy to be a shareholder here!