NextPlat Corporation (NXPL) News

Agreed. It's the same excuse everytime the topic is raised. It has been 6 months now since the share buyback PR was released and we all know they had the option to buyback shares outside the alleged "blackout" period. Now they just keep leaning on the quarterly and annual report claiming that is why then can't buyback during those material events. Such a load of nonsense, wonder if anyone believes anything this CEO says?

It's all part of Fernandez's BS business plan. I'm in agreement that they only put out that PR in hopes of keeping share prices above $1. That attempt has failed miserably just like all of the companies that went belly up when Fernandez was the CEO.

History is repeating itself again folks. Fernandez the Flop is a fraud, hope ya'll can clearly see it now.

Take care man good luck

You're right about no meat in the PRs. No dollar amounts are ever referenced. Could be deals valued in the millions or just a few thousand dollars. Since they don't say how much the contracts are worth, my guess it is the latter.

I’m also out as of today with my couple hundred shares left after 6 years. Good luck to the rest of the remaining long time shareholders.

I’m also out as of today with my couple hundred shares left after 6 years. Good luck to the rest of the remaining long time shareholders.

Yea and just like they gave their self several outs in the way the PR was worded. You also heard them make reference to wanting to keep the cash balance for inventory during the same segment. They don’t want to spend the money for shares. That PR was just to get a bump to the price back over a dollar. But yes they will no longer be trusted in what they put out. Just like their PRs now. There is no meat in them. These could represent $10,000 annual sales for all we know. The cost to put out the PR could be worth more

I agree. If they never intended to buy any shares back, they broke all trust with the shareholders. Don't put something out in a PR that you never intend on doing. It would have been nice to hear them say when the blackout period is over. Seems to be what they always fall back on when asked. The day they buy a significant amount of shares back is the day this stock moves upward. Until then, who knows?

Every day is a blackout period. It will never end I think is the plan. They never intended on buying a single share

So, we are in another blackout period per information from CC: share buy back is on hold until black out period is over!

You're welcome. Have a good one. Good luck all.

Thanks Turbo. Just saw it on thinkorswim

hilarious

News out....

https://ir.nextplat.com/news-events/press-releases/detail/143/nextplats-global-telesat-named-exclusive-uk-and-eu

NXPL... Just a disappearing act. Nothing Hear!!!!

Did the same thing today JMCK, been on this for 7 years with a small position. Such a shame of a company after Mars left.

So they can be put on record that they have no intention of doing so. Pretty simple.

Not addressing it is pretty telling. I suppose it's not like we don't know what's going on.

The main question now is how many lawsuits Fernandez and the Board want against them.

Everyone enjoy the weekend

Why would they not? If it’s speculation they see as nonsense then why would they not want to. Especially if it may have a negative effect on pricing

Why would any company respond to a question like that?

I can assure you I had questions asked that were not addressed such as addressing the speculation of taking the company private!!! They could have easily took the question and said management has not and never has had any intention of taking the company private. But they ignored it!!!

Interesting..what questions did you "supposedly" submit?

You clearly lied about submitting questions for last call as well.

Asking for a friend.

Good heavens! What a nightmare!

Agreed. You are 100% correct. Fernandez is a bonafide liar.

Two of my questions submitted were not addressed. Wonder how many other inquiries got ignored because Fernandez is a damn coward and chose to lie and ignore those questions instead of answering the difficult topics. He's a God damn dishonest crook.

The 340 B contracts were lost because one entity withdrew from the program and the other entity started their own program. Even though we lost those two , the company actually acquired three more new ones that are coming on line this month. So that is a positive for Progressive. 

Simply put there is no real defined vision on where they want to go other than hearing about China this and tariffs that. They actually referenced seeking new mergers and what not, but I don’t think they wee just giving lip service from comments based on the last call. Now they are losing 340b clients. We went from stagnate to getting worse. At least we got that African army contract. They talk about record with that outfitter group but they give no numbers so for all we know it’s 50% growth in $1500.

I really am speechless at this point. I think everyone is. Look at the board. Ghost town....

On top of that you would think they would have a road map and formal plan on addressing the price compliance issue. Nothing but the same old blah blah of how they think what they are doing will fix it. What they are doing isn’t amounting to shit except revenues getting worse and no growth. So what they are doing AINT working or we wouldn’t be here to start with. They keep spewing the same high level BS with nothing new. It’s going nowhere and hopefully they aren’t that stupid. It looks more and more like this is what they want.

Pisses me off they said there were no more questions submitted when there certainly was. I noticed they didn’t mention what the lawsuit related to either as they didn’t want to give it any attention what so ever. If they are going to pick and choose what questions what’s the point.

Man that is some shady nonsense....

Basically they can’t do it because of this and that (regulatory type reasons) and then that they basically don’t want to dig into the cash in the bank.

It's going to make for a heck of a fiduciary duty lawsuit.

I can't listen to the CC. What did they say about share buyback?

So they basically admitted what I thought all along, they never planned to buy back a single share. Don’t give me all this blackout and other BS. It’s been over 4 months!!! I also submitted a question about the speculation for taking it private. They ignored that question too which makes me think maybe that’s the plan. Let it keep falling and get delisted. Don’t spend the cash so they have that on hand as capital for growing the company once they take it over.

Good luck J!!

Good luck JMCK.

I've already lost pretty much everything. I'll let my shares collect dust in the addict.

Good luck JMCK, come over to RYCEY. I've tripled my investment there since Jan 2024. Been an amazing ride up month over month.

Well, after 11+ years of hope and wasted time and money it's officially time for me to exit this crap show and take my losses and move on. Good luck to you folks.

Charles Fernandez 🖕 Armen Karapetyan 🖕 Carlos Rangel 🖕 All three can Kiss My Azz. 

Agreed, they didn't address my question either. As I said last night, they wouldn't address the difficult questions.

Fernandez is a compulsive liar. He needs to be voted out ASAP

Bottom line...Charles Fernandez is a crook and should be in prison. Nothing but a lying POS thief. It all boils down to Jay and the lawsuit for RXMD shareholders to get our money back. WE'RE SO SCREWED!!!

Now they are losing the pharmacy volume and revenue

What bull shit. That was not all the questions they received!!!!! I can assure you that. They have no plan to address the compliance issue as they provided no confident answer, just high level BS. They have no plan.

Well, that was about as useless as a tit on a boar hog. 💩

Likewise. Now we are seemingly rolling the wrong direction with growth.

I voted against all the Board members. They don't deserve a pay check or a bonus. Bring in AI. 

You can write off the rest of this year as a nothing burger. I think I predicted that at last CC.

To Barretp Et Al:
Are you going to sit on this ship and let it sink with you? You need a muting on this "Bounty"

The mutiny on the Bounty occurred in the South Pacific Ocean on 28 April 1789. Disaffected crewmen, led by acting-Lieutenant Fletcher Christian, seized control of the ship, HMS Bounty, from their captain, Lieutenant William Bligh, and set him and eighteen loyalists adrift in the ship's open launch.

The BOD and shareholders should ask Fernandez to step down from the positions of CEO and Chairman of the board. His salary is great loss to the company in these dire times and there is no evidence he is performing his job. NXPL needs a CEO that can run a public company, not someone with a deep pocket, we need managerial skills. Come board members, look below the surface, this is NOT GOING WELL.
Stop blaming everything on the external factors, the problem is Fernandez. Fernandez promised a trained professional for the pharmacy business at the beginning. WHERE IS THAT PERSON????
You have not kept your words, hence 2 lawsuits.

Not just no growth, didn’t it shrink 10% from March 2024 quarter?

https://d1io3yog0oux5.cloudfront.net/_8c6cd56fb4b1d78dd8dcb2bf1916ee3a/nextplat/news/2025-05-15_NextPlat_Reports_First_Quarter_2025_142.pdfhttps://app.webinar.net/4Ba0YE83m5Lhttps://app.webinar.net/4Ba0YE83m5Lhttps://ir.nextplat.com/sec-filings/all-sec-filings/content/0001437749-25-016943/nxpl20250331_10q.htmhttps://ir.nextplat.com/sec-filings/all-sec-filings/content/0001437749-25-016943/0001437749-25-016943.pdfhttps://ir.nextplat.com/sec-filings/all-sec-filings/content/0001437749-25-016943/nxpl20250331_10q.htmhttps://ir.nextplat.com/sec-filings/all-sec-filings/xbrl_doc_only/8314https://ir.nextplat.com/sec-filings/all-sec-filings/content/0001437749-25-016943/0001437749-25-016943-xbrl.ziphttps://content.equisolve.net/sec/0001437749-25-016943/Financial_Report.xlsxhttps://ir.nextplat.com/sec-filings/all-sec-filings/xbrl_doc_only/8314Company Reports $14.5M in Q1 Revenue; Operating Expenses Decline 26% as Expected, with Continued Focus on Cost Reduction, Efficiency Improvements, and Strategic Planning Amid Rising Drug Prices and Potential Tariff ImpactsCOCONUT GROVE, Fla., May 15, 2025 /PRNewswire/ -- NextPlat Corp () ("NextPlat" or the "Company"), a global e-Commerce provider, today announced the financial results for the quarter-ended March 31, 2025, reflecting the performance of its e-Commerce and Healthcare Operations.https://mma.prnewswire.com/media/2274958/NextPlat_Logo.html"The first quarter results reflect a series of challenges that we are addressing both domestically and internationally as our teams work to improve the efficiency of the business, focus on growing our exposure to higher margin services all while continuing to support the needs of a diverse range of customers. In addition to the short-term steps we are taking in response to the volatility we see, over the longer-term, we believe we have multiple opportunities to leverage the value of our existing businesses, strong balance sheet and cash position to transform our Company. Through both organic growth and strategic developments we are actively pursuing, we believe we can respond to the challenges in our markets and drive value to the benefit of our customers, partners and shareholders," said Charles M. Fernandez, Executive Chairman and CEO of NextPlat Corp.First Quarter 2025 Financial Highlights:Organizational Highlights and Recent Business Developments:David Phipps, President of NextPlat and CEO of Global Operations, added, "The broad global reach and scale of our e-Commerce business continues to be an important differentiator for NextPlat and our partners and customers as we work to address the evolving challenges we see both domestically and internationally. Whether it is providing reliable connectivity for individuals, the government or the military, or providing consumers with access to novel health and wellness products for themselves or their pets, we are committed to building upon the value of our platform as we continue to advance our growth plans."NextPlat's Executive Chairman and CEO, Charles M. Fernandez, Chief Financial Officer, Cecile Munnik, and President and CEO of Global Operations, David Phipps, will host a conference call at 8:30 a.m. Eastern today to discuss the results for the first quarter ended March 31, 2025, and recent developments.To access the call, please use the following information:Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization.The conference call will be broadcast live and available for replay at https://app.webinar.net/4Ba0YE83m5L and via the investor relations section of the Company's website at https://ir.nextplat.com/news-events/ir-calendar. A replay of the conference call will be available after 12:00 p.m. Eastern time through May 31, 2025.The financial information included in this press release should be read in conjunction with the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 filed with the Securities and Exchange Commission.About NextPlat Corp
NextPlat is a global e-commerce platform company created to capitalize on multiple high-growth sectors and markets including technology and healthcare. Through acquisitions, joint ventures and collaborations, the Company intends to assist businesses in selling their goods online, domestically, and internationally, allowing customers and partners to optimize their e-commerce presence and revenue. NextPlat currently operates an e-Commerce communications division offering voice, data, tracking, and IoT products and services worldwide as well as pharmacy and healthcare data management services in the United States through its subsidiary, Progressive Care.Forward-Looking Statements
Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company's business and any of its products, services or solutions. The words "believe," "forecast," "project," "intend," "expect," "plan," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, including the Company's ability to launch additional e-commerce capabilities for consumer and healthcare products  and its ability to grow and expand as intended, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating), including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"), copies of which may be obtained from the SEC's website at http://www.sec.gov/. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.Media and Investor Contact for NextPlat Corp:Michael Glickman
MWGCO, Inc.
tel:917-397-2272
mailto:mike@mwgco.net