Replies to post #120956 on Progressive Care Inc (fka RXMD)

[Thee Donald]

Great post!!! Much agreed

[gedi8]

Well said

[Jimmy Quick]

Right on the money! Longterm this is a nobrainer.

[flaflyersfan]

SleepingOnMe033809, RXMD is a penny stock;

As for the loans, I’m sure if they could get a conventional loan they would.

Why in the world would the company take out a conventional loan and pay it back with real money when they can print discounted stock that does not cost them anything and provides the same result? If anyone here had a choice to pay their monthly bills with $100 bills or sheets of toilet paper; nobody here would choose $100 bills.

They may not be able to get a conventional loan and the quarterly shows their debt obligations need to be addressed;

https://backend.otcmarkets.com/otcapi/company/financial-report/220315/content

Good luck.