Replies to post #196162 on Progressive Care Inc (fka RXMD)

[Bearslayer]

They aren’t taking it private. Do you know something or are you just assuming that’s the plan??

[SilentWolf]

Staypuff, the reverse and equity raise is a distinct possibility, but taking it private wouldn't make sense. They would lose access to the equity markets, and at that point, they would have to raise money through traditional borrowing. Very hard to get a loan, when you're not showing a profit.