Replies to post #126894 on Progressive Care Inc (RXMD)

[red13]

I very much doubt RXMD will pay anywhere near that much. I just posted a hypothetical worst-case scenario to show how absurd a 400 million share payout was. (I wouldn't have thought it was needed, but someone asked for input.)

BTW, Amazon started in 1994 and posted its first profit in FY 2003.

https://www.nytimes.com/2004/01/28/business/technology-amazon-reports-first-full-year-profit.html

I would be happy if RXMD shortened that time frame, but the company is in early expansion. It is trading at less than 0.5 PSR. It is well managed in MKO ("my knowledgeable opinion"; see if I can create a new Web acronym).

Classic case of transfer of wealth from the impatient to the patient for anyone with cash they don't need to worry about for a while.