Replies to post #234 on TRxADE Health Inc (MEDS)

[cayman_west]

Believe they have valuable patents...so not a P & D IMO.

Not sure why the share drop except that they were late filing and got the dreaded 'E' for a bit.

[The Dean]

I'm not sure patents mean much. In the Q, he did say there were no employees, they had cash on hand of about $500 ,(I got that in my drawer)....and he warned that if capital couldn't be retained very quickly, things might go south. The company has some debt if I remember correctly, so if there was a bankruptcy, bond holders and lenders are senior over equity holders for assets. Guess what, patents are assets. If they file Ch.13, I don't think shareholders will get anything, only the bond holders. JMHO GLTY

[stockdad1]

I have watched this stock

since the very first paid pump nearly a year ago...

"paid pump" says it all.