Replies to post #147037 on Progressive Care Inc (RXMD)

[whatdoyouseek]

steviaw, I think RXMD needs this flashy stuff to expand their business model. This is just my opinion, but I think they found a profitable path in the 340B program. They have been implementing their business model for the last few years by expanding their web solutions. I think SaaS is their next step where they can generate revenues/profits by providing services to clients such as hospitals, nursing homes and other 340B eligible organization. It is not a new approach, it would be the next step in their evolution of their business model. Once you become a RXMD client, you can access their software to manage your organization's medical needs. Many software companies are moving toward this service model nowadays. It is a subscription based business model. I think that makes sense. The more subscriptions you sell, the more money you make. RXMD provides their clients with a total solution that fits each client. IMO

[jjr04001]

Time to blow the roof off this thing for September.

[foti1kenobi]

I prefer this performance from 2 days ago

steviaw Sunday, 08/30/20 12:16:44 PM
Re: None 0
Post # of 147270
RXMD is looking really good. Unqualified CEO steps down for more qualified CEO to step in. RXMD has been stuck in the mud for years and now it looks to be waking up. Last week was a stock reset and shakedown of weak hands. A lot of investors that have been here for years with Heavy hands got weak last week and sold hence the quick move to .043. Market Makers scooped up cheap shares and back up we went. Thinking we should break .07 soon and head to a new top where we will build a base from there. Let MARS live on MARS with her fancy house and Louis bags. We need focus down on earth. That flashy stuff doesn't impress investors or move stock. Numbers and Expansion do. Despite all of the merger and buy out chatter surrounding RXMD this company is strong. Near Term Price target .35. IMO