Progressive Care Announces Uplist to
OTCQB
Miami, FL -- December 4, 2017 -- InvestorsHub NewsWire --
Progressive Care Inc. (OTC
PINK:RXMD), through its subsidiaries Smart Medical Alliance,
Inc. and PharmCo, LLC, is a South Florida health services
organization and provider of prescription pharmaceuticals,
compounded medications, the sale of anti-retroviral medications,
medication therapy management (MTM), the supply of prescription
medications to long term care facilities, administration and
practice management, utilization management, quality assurance, EHR
Implementation, billing and coding, and health practice risk
management, announces OTC Markets approval for uplist to OTCQB
effective December 5, 2017.
As of Tuesday, December 5 2017, Progressive Care will trade on
OTCQB Venture Market for early stage and developing U.S. and
international companies. The Company received approval for the
change in listing tier after supplying OTC Markets with all
mandatory documents and information, adding independent board
members, adding a majority independent audit committee, and
providing audited financial statements for 2016. Investors can
still find Real-Time quotes and market information for the Company
on www.otcmarkets.com.
"We have been preparing for this moment since the requirements
for OTCQB were announced earlier this year," stated S. Parikh Mars,
CEO. "We continue to take pride in delivering current and complete
information to the public and we believe that the change in listing
tier will bring our company to a fresh audience and a new level of
investor confidence. We are excited to begin rounding out the year
on such a positive note."
About Progressive Care
Progressive Care Inc. (OTC
PINK:RXMD), through its subsidiaries Smart Medical Alliance,
Inc. and PharmCo, LLC, is a South Florida health services
organization and provider of prescription pharmaceuticals,
compounded medications, the sale of anti-retroviral medications,
medication therapy management (MTM), the supply of prescription
medications to long term care facilities, administration and
practice management, utilization management, quality assurance, EHR
Implementation, billing and coding, and health practice risk
management.
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 Company's
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