RXSF Announces $1 Million Deal For 10,000 Of Its DrugSAFEs
Good Afternoon!
RXSF has landed the deal of the year, and it’s done so without much fanfare. The company has just executed a MOU with Advocare Solutions, Inc., a Florida based organization dedicated to helping families prevent and treat drug and alcohol addiction
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The MOU effectively puts RXSF in line for about $1 million in sales of its DrugSAFEs (10,000 units). The money will come from a grant being funded by the Broward County Human Services Department and will be available in a few months from now.
Here’s the thing: RXSF has been quietly telling investors about the efficacy of its secure prescription medicine lock-boxes for quite a while. Now that a government agency has decided to fund the purchase of 10,000 units, I expect Wall Street to approach this company differently from hereon in.
In the short term you should be looking to capitalize on the big news. And keep in mind that RXSF has gone as high as $1 in the last 12 months.
Make your move on RXSF as soon as possible.
RXSF Must-See Technicals
RXSF has experienced rising volume over the last few weeks, suggesting that investors might be getting ready to upgrade their stake in the company.
RXSF is trading with a sub-30 RSI, suggesting huge potential undervaluation and strong bounce potential from current levels.
RXSF has a 7 cent 50 DMA which means short term upside of up to 250%. Even a 30% haul from this is worth your attention right now.
RXSF is slated to sell 10,000 units of its Rx DrugSAFEs for a cash value of $1 million.
In one March trading session, RXSF opened at 3 cents and reached a high of 5 cents for gains of 66%. In April it delivered gains of 100% in one session and has been consolidating since. Upward pressure is now a huge factor.
About
RXSF, Rx Safes, Inc., develops, manufactures, and markets professional grade drug security solutions for families and the healthcare community, incorporating proprietary, patented fingerprint technology, designed for security and convenience.
RXSF develops and markets fingerprint enabled healthcare security products and secure prescription medicine lock-boxes under the Rx DrugSAFE brand. Its products prevent unauthorized access to drugs while maintaining convenient access for the prescribed users. The company provides solutions to address the issues caused by drug diversion and unauthorized access to these medications, with products ranging from medication safes, portable medical storage solutions, and drug drop-off boxes for disposal of unused medications.
RXSF was founded in 2010 and is based in Henderson, Nevada.
Prescription Drugs Misuse Creates $200 Billion Opportunity For Companies Like RXSF
The U.S. spends $200 billion each year — about 8 percent of the nation’s health care tab — on medical care stemming from improper or unnecessary use of prescription drugs, a report by IMS Health Institute says.
Much of those costs result from unneeded hospitalizations or doctor visits, according to the study by the IMS Health’s Institute for Healthcare Informatics, which provides data and other consulting services to the health care industry. Medical costs are driven up by patients who don’t get the right medications or fail to take their drugs, the misuse of antibiotics, medication errors and inadequate oversight when patients take multiple drugs.
Even though the use of lower cost generic drugs is high, further increases could shave $10 billion in costs, the report says.
Latest News Development
Rx Safes Announces Agreement for the Purchase of 10,000 Rx DrugSAFEs
RXSF said in a May release that it has executed an MOU with Advocare Solutions, Inc., a Florida based organization dedicated to helping families prevent and treat drug and alcohol addiction, for the purchase of 10,000 units of the Company's Rx DrugSAFE product, at a purchase price of $1,000,000.
The funds for the purchase of the Rx DrugSAFE units are expected to come from a Grant that is being funded by the Broward County Human Services Department, Community Partnerships Division, to address substance abuse issues within the County. Rx Safes has prepared and will be submitting the grant proposal on behalf of Advocare on May 22nd, the award will be made August 22nd with funds available for disbursement on October 1, 2015.
To learn more about RXSF please visit their website: http://www.rxdrugsafe.com/
RXSF isn’t just making promises, its delivering on the investing stage. At 2 cents a share you won’t find a better bargain on a company that is clearly undervalued.
Warm Regards,
