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Progressive Care Inc (QB)

Progressive Care Inc (QB) (RXMD)

1.85
-0.08
( -4.15% )
Updated: 13:10:34

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Key stats and details

Current Price
1.85
Bid
1.75
Ask
1.90
Volume
2,178
1.85 Day's Range 1.94
0.40 52 Week Range 6.05
Market Cap
Previous Close
1.93
Open
1.94
Last Trade
20
@
1.805
Last Trade Time
12:58:52
Financial Volume
$ 4,044
VWAP
1.8569
Average Volume (3m)
3,259
Shares Outstanding
6,222,781
Dividend Yield
-
PE Ratio
-1.79
Earnings Per Share (EPS)
-1.04
Revenue
40.61M
Net Profit
-6.45M

About Progressive Care Inc (QB)

Sector
Drug & Proprietary Stores
Industry
Drug & Proprietary Stores
Headquarters
Camden, Delaware, USA
Founded
1970
Progressive Care Inc (QB) is listed in the Drug & Proprietary Stores sector of the OTCMarkets with ticker RXMD. The last closing price for Progressive Care (QB) was $1.93. Over the last year, Progressive Care (QB) shares have traded in a share price range of $ 0.40 to $ 6.05.

Progressive Care (QB) currently has 6,222,781 shares outstanding. The market capitalization of Progressive Care (QB) is $11.51 million. Progressive Care (QB) has a price to earnings ratio (PE ratio) of -1.79.

RXMD Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.4-17.77777777782.253.31.71152842.31263007CS
4-0.095-4.884318766071.9453.31.7159422.23560217CS
12-1.24-40.12944983823.093.30.432592.3393847CS
26-1.9-50.66666666673.754.170.431162.85770532CS
52-1.4-43.07692307693.256.050.424303.61951811CS
156-20.95-91.885964912322.823.880.46859568.48391104CS
260-10.728-85.291779297212.578400.4108598512.63137968CS

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RXMD Discussion

View Posts
Turbomunkey Turbomunkey 1 minute ago
Why do you say that?
👍️0
ronle ronle 5 minutes ago
what an fing genius
👍️0
JMCK6193 JMCK6193 45 minutes ago
Gedi what we talked about the other day, I believe sooner than later as well. Shorts are covering and that tells me they know it as well.
👍️ 1
gedi8 gedi8 1 hour ago
ASCM covering their short position???
👍️ 1
J1989 J1989 2 hours ago
And if such good news why is no one buying …. There is zero faith besides 2 people on this board …
👍️0
staypuff staypuff 2 hours ago
So why would anybody want to sell for under $2 at this point
👍️0
J1989 J1989 4 hours ago
That’s what I’m saying ….
👍️0
JMCK6193 JMCK6193 11 hours ago
Bud, I was here at sub penny and had over 5 million myself and sold it after 2 years then returned 7 years ago.
And we ALL KNOW YOU lost on your last sell. So try spewing your BS to some rookie that hasn't been here from the beginning like me.
👍️ 1
CaptHowdy CaptHowdy 11 hours ago
Cool story, but I haven't taken a loss here. You were not here when I loaded the boat at sub penny PPS during the days of Mrs. Mars. I held just over 4M shares selling blocks as PPS rose to over 25 cents.

Next conspiracy theory.......?
🤡 1
JMCK6193 JMCK6193 14 hours ago
I remember his loss, then lied about it months later.
He has zero credibility.
👍️ 2
RIOgrande44 RIOgrande44 15 hours ago
I have not taken any losses. I have not sold.
I have been buying.
We all watched you sell for a big loss.
I see right through your BS.
👍️ 2
44Skell 44Skell 15 hours ago
So then where do you think that puts NXPL pps after the merger
👍️0
MrMike241 MrMike241 16 hours ago
700% would be a good start. The sooner the better! 🤞

$2.20 x 7 = $15.40
$2.00 x 7 = $14.00
$1.48 x 7 = $10.36
$1.40 x 7 = $9.80
$1.33 x 7 = $9.31

Good Luck RXMD shareholders!
Good Luck NXPL shareholders!
$RXMD + $NXPL
👍️ 1
Truth022809 Truth022809 16 hours ago
Need a lot more than 700%. That barely gets us passed pre split price
👍️ 1
staypuff staypuff 17 hours ago
But in the end he may increase our price by 700%. You don’t know what’s in store. But we all appreciate you spending your precious time saving us from the evil Fernando
👍️ 2
MrMike241 MrMike241 18 hours ago
OK. I didn't realize that you think NXPL will drop below $1 and hold. Of course there is a chance. But I'm sure that the deck is stacked in NXPL's favor. I expect Q1 to be very good. I have hope again! 🤞

Why? Because I invested in Shital's technology vision and NXPL is capable of delivering it. Technology is their business.

I'm getting more shares with a lower break-even price in a bigger stronger company with a low float trading on NASDAQ. The sooner the better!

If RXMD is undervalued, RXMD + NXPL will be even more undervalued. We'll just need 1 institution to see value and we should get some movement.
IMO

Good Luck RXMD shareholders!
$RXMD + $NXPL
👍️ 2
Yooperman Yooperman 18 hours ago
How could future investors be here now or before?
👍️0
Yooperman Yooperman 18 hours ago
howdy dowdy is a joke
👍️ 2
CaptHowdy CaptHowdy 18 hours ago
Sorry for your losses, Fernandez wiped out 70% of most shareholders invested. I suppose insulting those who call it as it is helps take the sting out of such a massive decline in the share price.
💩 2 🤡 1
J1989 J1989 19 hours ago
It does currently but doesn’t it need to keep a minimum price to stay on NASDAQ? Just curious
👍️0
MrMike241 MrMike241 21 hours ago
Are you serious? Do you understand that RXMD stock will not exist after the merger and every share of RXMD will be replaced with 1.4864864865 shares of NXPL, which trades on NASDAQ?

The combined company will have at least $70M annual revenue, very little debt, about $26M cash, and about 28M OS.

RXMD might not have been valued properly, but I'm looking forward to the merger being completed.

Good Luck RXMD shareholders!
$RXMD + $NXPL
👍️ 4
stockforce stockforce 23 hours ago
Armen replied my LinkedIn message.

“I greatly appreciate your kind words and value your support for this company over the last 9 years. It’s been an amazing journey, and RXMD wouldn’t be where it is today without yours and all the other long-term shareholders' support. I am very grateful for that. As you probably saw in the 10-K report, the company had a strong year. Our team worked very hard and continues to do the same. As a shareholder of this company, I hope everything else will fall into the right place. ”
👍️ 5 👏 2
DCorleone DCorleone 1 day ago
Actually... not that many "FUTURE" RXMD investors still here. GLTA
👍️0
gedi8 gedi8 1 day ago
LOL!!
👍️ 1
JMCK6193 JMCK6193 1 day ago
No! Just A JOKE!!
👍️0
gedi8 gedi8 1 day ago
You're here to warn future investors??? Are you joking.
👍️ 2
JMCK6193 JMCK6193 1 day ago
If I've said it once I've said it a hundred times he's a POS!!!
I'm not against anyone making money, but I am against a-holes that pump a stock for "YEARS" then lie about his sell orders (which we know when he did) then bash it for the next 2 years.
He has Zero Credibility and Zero integrity with over half the board.
Bottom line He's a jerk!!!
👍️ 3
RIOgrande44 RIOgrande44 1 day ago
It's really sad that you show up here every day with misinformation and try to con the rookies out of their shares. You accuse Charles of being a scam, when in fact your the biggest scam.
👍️ 3 💯 2 🤡 1 🤪 1 🤮 1
James salmon James salmon 1 day ago
Actually they have been making a profit as can be seen by increased cash in the bank.

And you bash while you buy and then let us all know how much you made when you flip.
👍️ 2 💯 1
CaptHowdy CaptHowdy 1 day ago
Yep, a few minutes a day to warn future investors of CEOs shady ways is worth every moment. You post way more frequently that I with false hopes of profits quarter after quarter with no result.
💩 2 🤡 1
James salmon James salmon 1 day ago
And you spend countless hours posting on this board, in a stock you are only here to flip.
👍️ 1
CaptHowdy CaptHowdy 1 day ago
Ya'll got BAMBOOZLED, that's what happened. No need to polish this into something its not.

RXMDs potential was stolen by Fernandez, market now sees what I did, trust has been totally lost in this CEO after multiple shady moves, of which will never allow shareholders to recoup the RS losses.

NXPL was on a path to being delisted with share price decling closer to $1.00 with each session of trading
🤡 2
Cabinmoney Cabinmoney 1 day ago
I keep hearing that but the price keeps going down lower. Nothing with these two stocks seems to make sense.
👍️0
Cabinmoney Cabinmoney 1 day ago
When has that ever increased the sp?
👍️0
gedi8 gedi8 1 day ago
JS that almost looks like what is happening now.
👍️ 1
James salmon James salmon 1 day ago
I suppose another way of looking at it is;

RXMD shares are 1.48 leveraged against NXPL shares. So slowly buy up RXMD shares and then cause a run on NXPL stock, someone or entity with funds could easily do this.
👍️0
J1989 J1989 1 day ago
Hope so been holding for 5 years ready for pay day ….
👍️0
James salmon James salmon 1 day ago
After recent run on NXPL shares after results, I think there will be a lot more eyes on that stock as we get closer to the middle of May expecting a similar run on what should be great results. Absolutely no doubt in my mind that RXMD shows a decent profit this Q with all the accounting noise gone, and probably the reason management acted now to merge both companies before profitable Q.
👍️ 1 🤔 1
gedi8 gedi8 1 day ago
I guess the real question is why would they possibly require a R/S. The answer is there is no reason whatsoever.
👍️ 3 💯 2
J1989 J1989 1 day ago
Yes but that never does anything to price …most people are down over 60 to 70 percent …
👍️0
James salmon James salmon 1 day ago
Q results less than 1 month away, pretty sure they are going to be record breaking again.
👍️0
Turbomunkey Turbomunkey 1 day ago
Nice volume so far
👍️0
J1989 J1989 1 day ago
Curious why ? Not trying to argue just worried bc if they do all my cash here is bye bye
👍️0
gedi8 gedi8 1 day ago
I don't see that happening.
👍️ 1
J1989 J1989 1 day ago
So what are the chances of the another split when there ready to uplist …. That would be just the cherry on top
🚫 1
JMCK6193 JMCK6193 1 day ago
God let's hope that doesn't happen.
Thanks Jagman
👍️0
Jagman5 Jagman5 1 day ago
You are mostly right. Anything under $2.20 for $RXMD gets you a discount on $NXPL shares.

For $NXPL I expect the SP to jump when the merger is completed, but from where? If they are below a dollar for more than 30 days they will need to scramble. Could get messy.

$RXMD
👍️0
Jagman5 Jagman5 1 day ago
Looks like you've gelled it down nicely JS. I do think that between now and November we will see at least one more major addition, either to #3 or as #4 on your list.

$RXMD
👍️0
James salmon James salmon 2 days ago
After doing a bit of research, I think I have a better understanding this afternoon of what’s going on;

So NextPlat is going to be like a holding company with currently 3 different revenue streams;

1.E-commerce technology currently selling satcom products – Outfitters is US-based, a market the company didn’t really penetrate since the focus is Europe and global where it sells satcom products and airtime. So reason for Outfitters acquisition to gain US customers and instant revenue stream.

2.They are expanding the e-commerce business to include health and wellness products (such as OPKO and other potential brands via the e-commerce development program with Alibaba) including launching their own brand of vitamins (Florida Sunshine).

3.RXMD is a healthcare services and technology company in-line with the insiders background and let’s not forget Dr Frost has a major investment in NextPlat and we know he is a healthcare titan. Clearly focus is currently on healthcare services which in itself has increased prescription numbers. Also let’s not forget when they release Florida Sunshine RXMD can very much promote this high margin product in store and to its current clients.

So basically once merger is complete RXMD shareholders get access to all revenue streams via our shares being converted to NXPL shares of 1.48 shares for every 1 RXMD share.
👍️ 3 🤑 1 🤞 1 🤮 1
vp_007_99 vp_007_99 2 days ago
That site has the strangest disclaimer ive ever seen...

Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
👍️0

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