Progressive
Care Inc. Hosting Shareholder Meeting on August 30, 2019 at
Corporate Office in Hallandale Beach, Florida
MIAMI, FL -- August 26, 2019 -- InvestorsHub NewsWire
-- Progressive
Care Inc. (OTCQB: RXMD), a personalized
healthcare services and technology company, wishes to remind
shareholders of the scheduled shareholder meeting on August 30,
2019 at Progressive Care's corporate office in Hallandale Beach, FL
at 400 Anton Blvd.
"Our
shareholders are just beginning to get their proxy notices and now
is a good time to encourage everyone to ask questions and reach out
to us," stated S. Parikh Mars, CEO of Progressive Care. "We think
that spending time speaking directly with shareholders will be
beneficial to all of us."
The Company
requests that any individuals intending to attend in person should
RSVP so that it can allocate the appropriate resources. The Company
wanted to ensure that shareholders understand that the voting item
is for the sole purpose of meeting the obligations set forth in the
financing agreements. The increase
in authorized is not be exhausted upon approval, but rather to
facilitate the reserve as set forth in the agreements. According to
the agreements, the secured creditor is prohibited from converting
more than 9% of the shares issued and outstanding at any given time
and must abide by selling restrictions upon conversion.
The Company
and its insiders and affiliates continue to refrain from engaging
in market activities. Any change in that status will be disclosed
to shareholders in advance.
For more
immediate updates on the company's media coverage, connect with
Progressive Care and PharmCo on social media:
Progressive
Care Inc.
https://www.facebook.com/ProgressiveCareUS/
https://twitter.com/ProgressCareUS
PharmCo,
LLC
https://www.facebook.com/pharmcorx/
https://twitter.com/PharmCoRx
About
Progressive Care Inc.
Progressive
Care Inc. (RXMD),
through its PharmCo, LLC, is a South Florida health services
organization and provider of prescription pharmaceuticals,
compounded medications, provider of tele-pharmacy services, the
sale of anti-retroviral medications, medication therapy management
(MTM), the supply of prescription medications to long term care
facilities, and health practice risk management.
Cautionary
Statement Regarding Forward Looking 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.
Investor
Relations Contact:
Armen
Karapetyan, Progressive Care
Senior Advisor
Business Development
Armen@progressivecareus.com
www.progressivecareus.com
www.pharmcopharmacy.com
Public
Relations Contact:
Kathleen
Gonzales, CMW Media
Kathleen@cmwmedia.com
www.cmwmedia.com