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Progressive Care Inc (QB)

Progressive Care Inc (QB) (RXMD)

2.7456
-0.0464
(-1.66%)
Closed February 21 04:00PM

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RXMD News

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RXMD Discussion

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Turbomunkey Turbomunkey 12 hours ago
Awfully quiet. Perhaps some music to lighten the mood?

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vp_007_99 vp_007_99 13 hours ago
3 year chart makes this company look like a scam, complete with pump and dumps. Was hoping the dynamic duo would produce a turn around like the iova 3year chart.
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James salmon James salmon 2 days ago
I hope so too.
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James salmon James salmon 2 days ago
I am expecting some minor news maybe as early as this coming week or next then much more communication after Q earnings.

You never know we could even see a Q conference call probably from NXPL but they would have to speak about RXMD during the call as it makes us so much of the revenue.

We shall see, all my opinion.
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Turbomunkey Turbomunkey 2 days ago
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Quindien Quindien 2 days ago
That’s been said many times by quite a few. Lol. Eventually you might be right but the statement itself has become meaningless.
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gedi8 gedi8 2 days ago
No Bear. My inference
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Bearslayer Bearslayer 3 days ago
But that’s just your interpretation of a general conversation? Right?
That wasn’t communicated to you exactly.

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gedi8 gedi8 3 days ago
Same here James
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Truth022809 Truth022809 3 days ago
Exactly
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Truth022809 Truth022809 4 days ago
Exactly. Terrible leadership of a public company. Fine for a private one, but not a public one
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Bearslayer Bearslayer 4 days ago
If there was communication maybe we would all feel differently. But why be so secretive ? Form a plan and inform the shareholders. The way the company is acting makes it seem like they are up to no good.
We are currently in stinky pinky shareholder mode until they prove otherwise.


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Truth022809 Truth022809 4 days ago
Interesting considering there is no uplist and it’s been over a year since they did it.
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TrackDude TrackDude 4 days ago
Charles and others already have plenty of shares valued below current SP. There’s little incentive for them to purposefully tank at this point. They will make bank if they can deliver here.
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Cabinmoney Cabinmoney 4 days ago
He did mention something like that but I got the impression it would be slowly over time but I really can’t remember exactly.
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James salmon James salmon 4 days ago
I got the opinion when I spoke with him recently that things were likely to change after Q earnings, and that company would become much more vocal. Just my opinion but that’s what I thought.
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MrMike241 MrMike241 4 days ago
Thanks for sharing, Cabin. I think what he means by "fixing the share structure" is that after the NXPL investment the fully diluted share count exceeded the Authorized Shares. There were not enough authorized shares to settle the obligations and that would have been recorded as a debt. I don't know why 1:200 was needed though. But it is long over. I really hope Mr Glickman's optimism is realistic and honest. If all is solid financially, and it seems that way, then new investors are probably getting a deal. However, I'm red, like most here, and I'm not feeling either bullish or bearish. PPS valuation is ridiculous, but I have no idea if there is a bottom when no one is bidding. There isn't any news at all, good or bad. That doesn't build excitement or even maintain hope. I'm holding, waiting, disappointed.

Good Luck RXMD shareholders!
$RXMD
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Turbomunkey Turbomunkey 4 days ago
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Cabinmoney Cabinmoney 4 days ago
I told him it’s ridiculous that they can’t at least maintain sp.

I still think they are purposely tanking the sp and Charles will scoop up the cheapies, if that’s possible.
🤔 1
Cabinmoney Cabinmoney 4 days ago
He said the RS was needed for uplist, to clean up the books and fix share structures….
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Cabinmoney Cabinmoney 4 days ago
There was uplist discussion but I didn’t feel like I learned anything or felt like it was near.
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Truth022809 Truth022809 4 days ago
Getting profits and staying on the otc will not turn this company around, as far as share price goes. Might get another bump like we always do and then right back down
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Truth022809 Truth022809 4 days ago
So they completely screwed us with an RS and have zero plans…. Got it
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Turbomunkey Turbomunkey 4 days ago
The only thing that can save us now is a Vanguard VFIAX mutual fund.....
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JMCK6193 JMCK6193 4 days ago
LMAO 🤣
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Turbomunkey Turbomunkey 4 days ago
Worst case scenario you become a reality TV star. You will fit right in.
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Turbomunkey Turbomunkey 4 days ago
SF nice to see you. Hope all is well. What's your take on things here?
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gedi8 gedi8 4 days ago
That’s exactly why I have no brains left. 😂
😅 1
stockforce stockforce 4 days ago
They need to use those cash on hand for some big acquisition without dilution and show a profit in the annual report. How about uplist to Nasdaq?
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Turbomunkey Turbomunkey 4 days ago
Gedi I'm sure your brain works beautifully if you earned a law degree.
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gedi8 gedi8 5 days ago
Lmao
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gedi8 gedi8 5 days ago
I three have a pea brain.
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Turbomunkey Turbomunkey 5 days ago
I too have a pea brain.
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Cabinmoney Cabinmoney 5 days ago
Yea. I don’t really feel comfortable speaking for others but I let Mike know that shareholders at not pleased. He seemed to know that was the case. I didnt get the sense of any merger or something exciting was in our near future. They just plan to keep pounding out positive numbers.
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J1989 J1989 5 days ago
Go figure
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Cabinmoney Cabinmoney 5 days ago
Nothing jumped out at me like this was gonna take a turn for the better anytime soon.
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Cabinmoney Cabinmoney 5 days ago
No problem Turbo. Happy to share what my pea brain can comprehend.
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gedi8 gedi8 5 days ago
Thanks Cabinmoney. I got the same sense after talking with him about a month ago. Also, I got the impression that management was holding back until RXMD uplisted. Nevertheless, I think it's important that we all express our feelings that Fernandez needs to communicate with shareholders. The RXMD numbers are good and getting better...the company needs to get this out to the investment public.
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J1989 J1989 5 days ago
So nothing that benefits us … once again
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Turbomunkey Turbomunkey 5 days ago
Cabin I appreciate you calling in, and the unbiased feedback.
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Cabinmoney Cabinmoney 5 days ago
He definitely will take the time talk to you. But most importantly I said what I wanted to say about the lack of communication and feeling hung out to dry. I told him that I’d expect more from people of their stature who are controlling my money. he was eager to listen and I liked listening to him.
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Cabinmoney Cabinmoney 5 days ago
Wheels are turning very slow for the Alibaba deal getting approvals n licenses. Even takes longer for pet medications.

He mention some excitement regarding the Florida Sunshine Brand and the NXPL Satcom.

Again.. he seemed excited about the MedAvail and kiosks.

There were a few thing i had written down but forgot to ask like why no insider buying

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Cabinmoney Cabinmoney 5 days ago
Mike said the RS was needed to help clean up the balance sheets and fix share structures, whatever that means… and didn’t see any reason to do so again. He felt that was very unlikely. Also unlikely for NXPL but not out of the question if needed.

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Cabinmoney Cabinmoney 5 days ago
He mentioned being licensed in the 13 states…. As we’ve heard from years but I didn’t get a sense that anything was happening out side of Florida. Except the kiosks, he spoke about that a lot and said there was there was alot of room for growth there.
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Cabinmoney Cabinmoney 5 days ago
I spoke to Mike from 9:00 - 9:30. Everything that is posted here today is what I expressed to him. He agreed that they need to do a better job communicating but there are some things they don’t want to PR for different reasons. He’s seems passionate about being successful but not much emphasis put on keeping us informed. He mentioned that the balance sheets are better than ever n toxic debit is gone. I explained that the silence replaced the toxic debt. He says Charles is feeling the pressure from all the emails and phone calls but he’s never been a very outspoken kinda guy. Idk…. He mentioned profits need to be achieved to raise the sp but didn’t indicate when that would be obviously.
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holt69 holt69 5 days ago
There are millions in revenue, pharmacies actively in business. No doubt about that. Still potential.

But how this is currently being run - no attempt at profit, hooking up board directors with impressive compensation with no value added, other directors adding no value.

It looks like they're ok with the price tanking, then buying us out and going private.

That part of a scam.
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RIOgrande44 RIOgrande44 5 days ago
Closer to 8 mil in cash and 45 mil in rev.
shaking out the weak here.
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James salmon James salmon 5 days ago
Cabin what time you talking to Michael.
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James salmon James salmon 5 days ago
I agree lack of communication is what’s hurting this stock, but to say it’s a penny scam is ridiculous for the reasons I have already outlined.
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J1989 J1989 5 days ago
Yup and no one cares … why buy into a company that screwed over their shareholders who helped them expand ???? Who’s to say they won’t do another shady split … won’t put another penny into this
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