Replies to post #194521 on Progressive Care Inc (RXMD)

[James salmon]

This was the main reason, again book keeping.

“approximately $0.7 million increase in the amortization of newly identifiable intangible assets as a result of the push-down accounting;”

[Truth022809]

No surprise

[holt69]

They're not trying to be profitable. Can't have RXMD look too good compared to NXPL otherwise there'd be even more blowback on the terms of the merger. RXMD shareholders are getting the shaft.

If they had leaders with an ounce of integrity, they'd easily be profitable. NXPL is too focused on stock compensation for the executives. What have they done to earn that?

Push-down accounting has played a large role in ruining RXMD's chance at reporting a profit. They appear to be manuliputeling those figures.

The rest of the figures look solid. We're only an ethical CEO away from turning this ship around.

Fernandez's track record with RXMD and NXPL show he's interested in one thing: himself.