Replies to post #178084 on Progressive Care Inc (RXMD)

[gedi8]

I highly doubt that Jagman. I don't think Fife is that crazy.

[garrox]

Iliad’s shares are being monitored weekly.

[CaptHowdy]

Highly unlikely since there are substantial penalties if they start selling on open market.

"The Company also has the right to request, on a weekly basis, a document sufficient to show the number of shares of the Company’s common stock held by Iliad. A failure by Iliad to produce such a document entitles the Company to liquidated damages ranging from the amount of $500 to $1000 per trading day. Moreover, in the event that Iliad breaches its obligations during the Standstill Period, the Company will be entitled to liquidated damages in the amount of 300% of the value of the shares sold in violation of the Standstill Period."