Replies to post #140678 on Progressive Care Inc (RXMD)

[Leksi]

Thanks SF!

"So we have a draft of S-1 prepared, and we had a plan to go to the SEC, we had this plan for about a year. In April when we were retooling, our attorneys and a group of banking consultants suggested a new opportunity for us. They really advised us that given that our vision is much larger than just registration with the SEC, and then we really want to begin the process of creating our own technology platform, synthesizing our expertise in the code.

We really should be very offensive with S-1, and not just going in an incremental way, while safer and will yield the effectiveness in its due course, they really think that we have an opportunity to do something bigger.

..and I just finished a trip to Orlando to really solidify all the plans and all the business perspective ideas for the S-1. Now we are putting all that into the document.

If we tried to rush the process, then we missed out on an opportunity that has presented itself in the last couple of months. We really had this rare moment to take advantage of our bold ideas and that’s where we want to go."

Something big is definitely brewing.. Even I understand this. :D

[gedi8]

Thank you for posting the Transcript so that all here can read it.

[Jimmy Quick]

Eye opening stuff, if you are an investor or listener standing on sidelines.

[snupoled]

stock,

thanks, glad I am in progressive!

snup

[colorfullife88200]

Wow, wonderful !! from the transcript we feel CEO is very confident to deliver some thing big for us soon and it is not may be but must. We dont detect she mention about R/S or worrisome parts, so may that is not on her roadmap. Cheer up longs !!

[Leksi]

Read this interview again, (not you SF but all the others) carefully and slowly. I think it explains it all..

https://www.smallcapvoice.com/6-22-20-smallcapvoice-interview-with-progressive-care-inc-rxmd/

"So we have a draft of S-1 prepared, and we had a plan to go to the SEC, we had this plan for about a year. In April when we were retooling, our attorneys and a group of banking consultants suggested a new opportunity for us. They really advised us that given that our vision is much larger than just registration with the SEC, and then we really want to begin the process of creating our own technology platform, synthesizing our expertise in the code.

We really should be very offensive with S-1, and not just going in an incremental way, while safer and will yield the effectiveness in its due course, they really think that we have an opportunity to do something bigger. That means a whole lot of more work for me, whole lot of more work for my staff to begin to take what could have been a 80 page document and turn it into a 180 page document.

And so we are in that process of really being offensive, we are being ambitious, we are being bull, and trying to deliver our best outcome. You know there’s a little bit more risk to this because it does take more time, but the reward we think will outweigh that risk because we will be able to get something done this year rather than next year. That’s really what we are at with it. We have a lot of pieces, lot of moving parts with S-1 that have come to play in the last month or so, and I just finished a trip to Orlando to really solidify all the plans and all the business perspective ideas for the S-1. Now we are putting all that into the document.

We really want the S-1 to be almost like a coming-out party. We want it to be a substantial document that really outlines the future of the company, and really delivers the value that we think it has. If we tried to rush the process, then we missed out on an opportunity that has presented itself in the last couple of months.

We really had this rare moment to take advantage of our bold ideas and that’s where we want to go. I would hope our investors, and our listeners are keeping up with us.

So this year is the year. This is worth it. So I would hope that everybody listening can just bear with us for a little longer."