Progressive Care: PharmCo Opens Resource Center in Century
Village
MIAMI, FL -- January 17, 2016 -- InvestorsHub NewsWire --
Progressive Care Inc. (OTC PINK: RXMD), through its subsidiary
Pharmco LLC, a South Florida health services organization and
provider of prescription pharmaceuticals specializing in health
practice risk management, compounded medications, the sale of
anti-retroviral medications and related medication therapy
management, and the supply of prescription medications to long term
care facilities, announces a new Resource Center for the exclusive
use for residents of Century Village of Pembroke Pines, FL.
Century Village are large, gated retirement communities in South
Florida. Of the four communities, PharmCo, has opened a resource
center in Century Village of Pembroke Pines. The Pembroke Pines
community has an estimated 15,000 residents over the age of 55.
PharmCo, with its exclusive kiosk located within the village, is
entitled to participate in all resident events and the ability to
market the brand on the property.
The Resource Center will provide residents of Century Village
with access to information about their prescriptions and the
ability to video conference with a technician or pharmacist in the
PharmCo filling facility in North Miami Beach.
The residents of Century Village have been asking for pharmacy
services to be located on-site, stated S. Parikh Mars, CEO. It was
quickly determined that PharmCo was the only pharmacy capable of
meeting the needs of the residents with our free-same day delivery,
extensive medication inventory, and staff of highly trained
pharmacy technicians and pharmacists. We are excited about the
opportunity to work directly with the residents of this retirement
community and their physicians to greatly improve the quality of
their healthcare services.
Common Shares Issued and Outstanding:
As of January 17, 2016 the number of shares of common stock
issued and outstanding stood at 344,607,607 shares. This amount is
net of the number of shares owned by PharmCo, LLC of 1,718,000.
About Progressive Care
Progressive Care, Inc. (OTC PINK: RXMD), through its subsidiary
PharmCo, LLC, is a South Florida health services organization and
provider of prescription pharmaceuticals specializing in health
practice risk management, compounded medications, the sale of
anti-retroviral medications and related medication therapy
management, and the supply of prescription medications to long term
care facilities.
Cautionary Statement Regarding Forward Looking Statements
Statements contained herein that are not based upon current or
historical fact are forward-looking in nature and constitute
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Such forward-looking statements reflect the Companys
expectations about its future operating results, performance and
opportunities that involve substantial risks and uncertainties.
These statements include but are not limited to statements
regarding the intended terms of the offering, closing of the
offering and use of any proceeds from the offering. When used
herein, the words anticipate, believe, estimate, upcoming, plan,
target, intend and expect and similar expressions, as they relate
to Progressive Care Inc., its subsidiaries, or its management, are
intended to identify such forward-looking statements. These
forward-looking statements are based on information currently
available to the Company and are subject to a number of risks,
uncertainties, and other factors that could cause the Company's
actual results, performance, prospects, and opportunities to differ
materially from those expressed in, or implied by, these
forward-looking statements.
Contact
Armen Karapetyan
Senior Advisor Business Development
armen@progressivecareus.com