As a shareholder, I'm honestly confused by the valuation report indicating ongoing cash burn and minimal 3% growth. Why would NXPL acquire the company with this crapy trend? Are they planning to buy it just to maintain cash burn with almost no growth? How is the NXPL board voting to issue a ton of stock to buy a company that will be adding to their losses? Just thinking... asking obvious questions.
That's what's so amusing here...RXMD had gotten an independent valuation but "investors" here seem to think there was some deep state plot to steal this company from them.
Attached to the Proxy/Prospectus is the Valuation Report prepared for Fernandez that puts RXMD's valuation at between $1.96 - $2.20 per share. If you have a chance take a look at it...
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