Posted On: 01/13/2016 10:08:21 AM
Post# of 1525
![](/m/assets/46931549/no_avatar_available_thumb.jpg)
NOT SURE IF NOW IS THE TIME TO BUY? ......
After following this company for exactly 1 year this week, and speaking to IR several times I have been able to get a solid handle on what is going on here....Maybe those of you following but unsure should make the call to confirm what I already know.
Lets look at what we dont know... We dont know what the DEC revs will say...
OR DO WE?!?
The last revs update was for the month of November. That month saw our 2nd highest monthly GROSS income ever, yet did it with 1000 less prescriptions because of the open enrollment period:
http://www.otcmarkets.com/stock/RXMD/news/Pro...74&b=y
" The pharmacy filled approximately 15,000 prescriptions during the month of November, which is nearly a 30% increase over the same month last year. Historically, due to the open enrollment window, physicians undergo major changes to their patient base resulting decreases in prescriptions written. However, PharmCo grossed approximately $1.3 million in net revenues for the month despite the lower prescription count. The compounding department continues to drive strong revenue growth. "
http://www.otcmarkets.com/stock/RXMD/news/Pro...28&b=y
In November we had an average prescription of $86 - $1.3M / 15K = $86
We will minimally get back to where we were in October (before the enrollment period effected prescriptions) and most likely gain another ~2.5% on top. (we have been growing at 30%/yr for 2 yrs now)
That minimally gets us to $1.45M in gross sales for DEC $86 * 16K = $1.46M (not including any 2.5% increase)....Thats WITHOUT DEBT!!
That annualizes to $17.4M!
The numbers are simple, and do not include 340B sales as they will begin in January.....
Why again are people waiting?
OR WORSE.... SELLING?!?!
Tomorrow is a good bet for the release of those revs..........
After following this company for exactly 1 year this week, and speaking to IR several times I have been able to get a solid handle on what is going on here....Maybe those of you following but unsure should make the call to confirm what I already know.
Lets look at what we dont know... We dont know what the DEC revs will say...
OR DO WE?!?
The last revs update was for the month of November. That month saw our 2nd highest monthly GROSS income ever, yet did it with 1000 less prescriptions because of the open enrollment period:
http://www.otcmarkets.com/stock/RXMD/news/Pro...74&b=y
" The pharmacy filled approximately 15,000 prescriptions during the month of November, which is nearly a 30% increase over the same month last year. Historically, due to the open enrollment window, physicians undergo major changes to their patient base resulting decreases in prescriptions written. However, PharmCo grossed approximately $1.3 million in net revenues for the month despite the lower prescription count. The compounding department continues to drive strong revenue growth. "
http://www.otcmarkets.com/stock/RXMD/news/Pro...28&b=y
In November we had an average prescription of $86 - $1.3M / 15K = $86
We will minimally get back to where we were in October (before the enrollment period effected prescriptions) and most likely gain another ~2.5% on top. (we have been growing at 30%/yr for 2 yrs now)
That minimally gets us to $1.45M in gross sales for DEC $86 * 16K = $1.46M (not including any 2.5% increase)....Thats WITHOUT DEBT!!
That annualizes to $17.4M!
The numbers are simple, and do not include 340B sales as they will begin in January.....
Why again are people waiting?
OR WORSE.... SELLING?!?!
Tomorrow is a good bet for the release of those revs..........
![](/m/images/thumb-up.png)
![](/m/images/thumb-down.png)