MIAMI, FL – June 4, 2021 – Progressive Care Inc. (OTCQB:RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce that the Company is now accepting Bitcoin as a form of payment for its COVID-19 Rapid Resting services at its PharmcoRx locations.
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“We believe in the future of blockchain technologies, generally speaking, and we want to extend our market-leading services in rapid COVID-19 testing solutions to those who prefer to pay through Bitcoin,” noted Alan Jay Weisberg, CEO and Chairman of Progressive Care. “This is an excellent alternative for post-pandemic tourists coming into our communities from abroad. It also allows those with an alternative view of payment systems to get the testing services they require as we strive to maintain a shield against a fresh resurgence of this terrible virus.”
Management notes that this decision occurs on the eve of the largest Bitcoin conference in the world, which will take place this weekend, drawing over 50,000 visitors to Pharmco’s core marketplace in the Miami metropolitan area, many of whom are thought to be international.
In anticipation, the Company has also created a QR code for payments with cryptocurrency for rapid COVID-19 testing services to make the customer journey more streamlined and user-friendly. PharmcoRx was the first pharmacy to offer a cryptocurrency payment solution for its pharmacy services in 2018, and it is now expanding that commitment to include accessibility to its state-of-the-art COVID-19 Rapid Testing solutions.
At present, COVID-19 PCR-based testing, which is offered by PharmcoRx, is required by most international airlines as a travel prerequisite.
Weisberg added, “PharmcoRx is invested in becoming the leading testing destination for Rapid COVID-19 Testing solutions for international airlines, Fortune 500 global entertainment companies, chain restaurants, corporate employers, and financial institutions. PharmcoRx has tested over 10,000 people for COVID-19 to date, generating over one million dollars in testing revenues. We are happy to invite Bitcoin holders to our locations for all of their COVID-19 testing needs.”
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/
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PharmCoRx
https://www.facebook.com/pharmcorx/
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ClearMetrX
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About Progressive Care: 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 Disclosure Regarding Forward-Looking Statements 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. 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.
Public Relations Contact:
Carlos Rangel
carlosr@pharmcorx.com
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Forward-looking Statements – This website contains forward-looking statements about our business. These forward-looking statements do not relate strictly to historical or current facts. Forward-looking statements involve risks and uncertainties and include statements regarding, among other things, our projected revenue growth and profitability, our growth strategies and opportunity, anticipated trends in our market and our anticipated needs for working capital. Forward-looking statements are generally identifiable by the use of words like “may,” “will,” “should,” “anticipate,” “estimate,” “plans,” “potential,” “projects,” “continuing,” “ongoing,” “expects,” “management believes,” “we believe,” “we intend” or the negative of these words or other variations on these words or comparable terminology. You should not put undue reliance on these forward-looking statements. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those reflected in such statements including: risks associated with current and potential future healthcare reforms; risks relating to technology failures or breaches; aspects of our business which are outside, risks relating to management and key personnel changes including attracting and retaining key personnel; failure to comply with legal and regulatory requirements; risks relating to access to capital and credit markets; risks related to indebtedness; exposure to claims and liabilities; changes in industry pricing benchmarks; and other risks and uncertainties that are described in the Risk Factors section of our recently filed Form 10-12G, including the presentation of financial statements and notes thereto, and other reports we have filed with the U.S. Securities and Exchange Commission. These reports are available at www.sec.gov or by calling our Investor Relations department at (888) 919-7411 ext. 221. Forward-looking statements speak only as of the date they are posted to this website, unless an earlier date is indicated, and we do not undertake any obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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