Progressive Care Announces Expanded Communications Initiative
Featuring Telegram and Get Push Monkey
MIAMI,
FL -- December 9, 2019 -- InvestorsHub NewsWire
-- Progressive
Care Inc. (OTCQB:
RXMD)
("Progressive Care" or the "Company"), a personalized healthcare
services and technology company, is pleased to announce its new
expanded shareholder communications initiative in order to improve
corporate transparency and visibility, benefitting both
shareholders and Company management. The Company will be creating
and administering a "Telegram Group" on the popular social media
platform, Telegram, as well as adding leading global push
notifications service, Get Push Monkey, to its corporate website
at ProgressiveCareUS.com.
Management notes
that this expanded shareholder communications initiative has been
put into place in response to an increase in shareholder and public
requests for information following the release of the Company's
recent performance data for its quarter ended September 30, where
Progressive Care reported new records in sales, gross profits, and
gross margins, driving $10.1 million in revenues for the quarter on
91% year-over-year growth.
Much of this
additional interest has been driven by the Company's ensuing
conference call discussion, which focused on Progressive Care's
broader strategic realignment toward a scalable model with national
reach, including its coming transformation from a pharmacy model to
a comprehensive health services model that includes significant
expansion in products and services, including RXMD Therapeutics
branded products in the CBD and nutraceutical space, as well as a
defining expansion into the Telehealth marketplace.
"As we scale up
our current model and target significant new strategic initiatives
in the coming months, we feel a duty to our shareholders to ensure
both transparency and visibility are elevated to a commensurate
degree," stated S. Parikh Mars, Progressive Care CEO. "We have a
potent message and a great story, and it is our responsibility to
implement a strategy that communicates that story to our
shareholders and the wider investment community."
Telegram groups
are a powerful tool for building communities with the potential to
support up to 200,000 members in each group. The Company believes
the service will be a valuable channel for directly communicating
with current and prospective shareholders. Please navigate
to https://t.me/progressivecare.
Telegram can be downloaded and installed as a standalone
application for all major desktop operating systems or installed as
a mobile app on all major mobile devices and operating
systems.
In addition, Get
Push Monkey is a leading global push notifications solution that
offers a comprehensive web push marketing platform compatible with
all desktop and mobile browsers, featuring an industry-leading
scope of functionality requiring no customer software installation
at sign-up. Enabling this technology on the Company's corporate
website will provide a convenient and effective mechanism for the
delivery of important updates to interested parties. If interested,
please navigate to progressivecareus.com
and select to
allow notifications when prompted. That's it. You will directly
receive all Company updates as alerts are generated in
real-time.
For
more information about Progressive Care, please visit the
company's
website.
Connect and stay
in touch with us 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
Five Star
RX
https://www.fivestarrx.com/
https://www.facebook.com/fivestarrx/
About
Progressive Care Inc.
Progressive Care
Inc. (OTCQB: RXMD), through its subsidiaries, is a
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
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:
Caitlin
Franscell, CMW Media
caitlin@cmwmedia.com
www.cmwmedia.com
Web and
Application Development Contact:
Marcello Jaspan,
Mass Ventures Corp
Marcello@massventurescorp.com
www.massventurescorp.com