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vp_007_99

08/21/24 8:23 PM

#195813 RE: vp_007_99 #195812

And this,

As of the record date for the Special Meeting, 27.0% of the outstanding shares of Progressive Care common stock and all of the outstanding shares of Progressive Care Series B preferred stock, representing 41.1% of the voting power of the outstanding shares of common stock and Series B preferred stock, were owned by NextPlat, and an additional aggregate 11.7% of the outstanding shares of Progressive Care common stock were held by Charles M. Fernandez, Chief Executive Officer and Executive Chairman of NextPlat and Chief Executive Officer and Chairman of the Board of Progressive Care, and Rodney Barreto, a director of NextPlat and Progressive Care, or by entities that they own. As a result, approval of the Business Combination Proposal at the Special Meeting is, as a practical matter, assured.
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MrMike241

08/21/24 8:33 PM

#195814 RE: vp_007_99 #195812

Exactly, so why bother reading that book. My NO vote is in protest. And if Armen is trying to use minority shareholder laws to get a better valuation, for himself, and by default all of us, I hope that my NO vote helps the cause. Of course, I've already realized a 60% average loss on 50% of my investment, so that portion is gone... or protected, depending upon what happens next.

Good Luck RXMD Shareholders!