PharmChem Laboratories Inc (PCHM)

[skyedreams01]

Thanks for trying but PCHM is largest holding so no vast minimum
Etrade and TD both accepted my account transfer and then cancelled at last minute. I even told them the situation up front. I sold all of my other otc stocks so only otc they had to do was transfer PCHM. (And of course a bunch of them have since run). Don't understand why they let you purchase otc through their brokerage but won't let you transfer the same stocks. TD even bought out scottrade and transferred all my otcs to TD
If PCHM can get current with filings, maybe Choicetrade won't eliminate it from my account. Fingers crossed. Thanks again.

[deet49]

Dividend Pay Day Tomorrow Confrazulations To all!!!

Go PCHM
TRCK
BLOZF
PMD

and OFC SassaFRAZ

[LMLYP]

Wall Street Access? Not sure. Still looking.

[LMLYP]

I am doing some DD to find the name of a broker that accepts penny stocks.

I sold a portfolio of penny stocks before the transfer took place, but it had been accepted. So there is someone out there who may be able to help you out, and I'm starting to dig in to it again.

What I remember is that it had a large account minimum. I got lucky the day I printed out my statements, because someone must have painted the tape on one of my stocks with a close at the offer on a big spread. Talk about fortuitous.

I also had to meet them face to face with a lot of paperwork required. I will post the brokerage account name once I know. It felt like a market maker more than anything and I never did business with them.

[deet49]

Reiterated DYDD FRAZ 574K O/S
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164032482

In a First, Parties in Helms-Burton Case Reach Settlement Over Property in Cuba marking the first win on behalf of claimants brought under Title III of the Helms-Burton Act.

GLTA
GO PCHM

[LMLYP]

I am hoping to have greater confidence in buying stocks at the right price in the future and have never sold at losses like I did the past two days. I have no idea what is going to happen or what anyone should do. I am not a professional trader.

[skyedreams01]

What happens to the stocks if they do not comply? We just lose everything?

[LMLYP]

I will do DD doodoo when the few pink sheet stop signs uplist.

[skyedreams01]

If PCHM would go to big boards I could transfer. I don't want to sell.
One could only hope. LOL

[cheddartart]

Choicetrade sounds like a scam lol. The reviews look awful with a ton of random fees attached to everything.

Good luck finding a real broker!

[skyedreams01]

I haven't tried to sell or buy. I am afraid Choicetrade will just steal the stock from me. I got slammed a few years ago with every otc was hit with a $10 a month fee so I had to unload all of my otcs ....lost a bunch of money.I kept PCHM They have a ton a fees Even if a stock moves up or down too much, which PCHM does, some kind of a blue fee.
Very unscrupulous broker Sell below a $1.00 they get a percentage of sale.

I just don't trust them. They are located in Puerto Rico. It used to be a really good brokerage. Was Lowtrades I think and got bought out. I have tried to transfer my account but no one will take PCHM so I am stuck.

$120 a year is a lot of money to me. Just got lucky with PCHM.

Please keep me updated. The company seems like they care about their investors.

[deet49]

they say they have intention to uplist and remain compliant

but if I read right is your broker only allowing sell side?
if so I wonder what other broker are doing the same?
thnx

[skyedreams01]

Thank the lord... Thank you for your info. I don't intend to sell. But choicetrade finds reasons to penalize my account. I have to pay $120 a year just because it is otc or less. I have tried to transfer out of choicetrade but brokers won't accept otc transfers. If you know of a broker that will allow me to transfer, please let me know. Thanks again.

[LMLYP]

Page 2 of their shareholder letter refers to the plan.

"Help. I'm up 100 fold".


https://s3.amazonaws.com/com-pharmcheck-cdn/document-uploads/12.31.2020-Letter-to-Stockholders.pdf?mtime=20210423160224

[LMLYP]

And they removed "Schedule 14A Information" the day after.

[skyedreams01]

HELP I have been in pchm since 4/09 .0046. I just received a notice from Etrade.

On September 28, 2021, new requirements take effect that will impact the market for—and value of—certain “over-the-counter (OTC) securities” you currently hold or have held in the past. The new rules apply to “Pink No Information” OTC securities of companies that fail to publicly report and keep current financial and other company information and will restrict the ability of U.S. brokers, like E*TRADE from making these products generally available.

Starting September 28, 2021, you will no longer be able to buy or sell “Pink No Information” OTC securities through E*TRADE. Other restrictions related to the purchase of these securities may apply sooner. Please keep in mind that the upcoming changes will negatively affect the value of any “Pink No Information” OTC securities you hold now or in the future.


Does this pertain to PCHM? It is stuck in Choicetrade and they are the worse about penalties but no other broker will accept a transfer.

Any information would be appreciated.

Thanks

[deet49]

whoever sucked up that $6M in shares has an outlook for this little cash cow that the sellers don't realize ...? was it a controlling block?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163897461
GO FRAZ
PCHM

[cheddartart]

????????????

So what happened???

[LMLYP]

Annual Shareholder Meeting notice has been changed on their website

They label it as "Schedule 14A information".

Can this be their first step towards being compliant with Pink Sheet Limited requirements in the future?

Does this mean that we will see filings of every communication going forward?

[deet49]

FRAZ FRAZ FRAZ 574K O/S if you haven't already now is a great time >>> https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162664753

[deet49]

Increasable PCHM $VOLUME unlike anything ever seen before

Go FRAZ

[deet49]

Great News ....

We enjoyed significant increases in our retail segment as existing and new customers expanded their use of the Sweat Patch, while other customer channels terminated testing due to the pandemic. In particular, federal probation and other government agency sales ceased during the
first half of the year and continued to be weak during the second half as drug testing was curtailed. (Opportunity we achieved record growth without this very important segment)

Our product sales rose over 40% while screens increased 10%. This translates into a significant amount of Sweat Patch inventory residing with our customers. Our task is to leverage this into future lab screening. (90% untapped $$ Opportunity)

Our 2020 marketing plan was severely limited as conferences were canceled. We initiated a partial work-from-home schedule for our employees, which provided a safe work environment. We expanded and enhanced our video training programs that enabled us to conduct web-based training sessions for new and existing customers. In addition, we participated in several virtual conferences and followed-up with our customers to ensure their continued use of the Sweat Patch.( we accomplished best year on record with limited marketing capacity wow!)


The President recently announced he is directing $2.5 billion to address mental health and addiction crises. This may include $1.65 billion (administered by SAMHSA) of additional funding block grants whereby states and territories would receive money to improve alreadyexisting treatment infrastructure, and create or improve current prevention treatment programs. The timing and allocation of these funds have not yet been determined and we will monitor its development. (no spends like good ol' Uncle Sam could be a wind fall)

the lines are filed with silver
https://thumbor.forbes.com/thumbor/711x474/https://specials-images.forbesimg.com/imageserve/671985032/960x0.jpg?fit=scale

GrOw PCHM

[deet49]

so more like 2022 and that largely depends on many unknown factors

side note NIH sweat patch testing many new tests for a variety of purposes but I picked this one as it relates to abuse disorder treatment

2021 Mar 22;12:642813. doi: 10.3389/fpsyt.2021.642813. eCollection 2021.
Alcohol Use Disorder in the Age of Technology: A Review of Wearable Biosensors in Alcohol Use Disorder Treatment
https://pubmed.ncbi.nlm.nih.gov/33828497/

Go PCHM

[LMLYP]

Cash sits at $1.34 per share, $1.13 per share fully diluted.

Take 12 cents out for the dividend which brings us to $1.22.

Can someone double check this work.


They earned 15 cents in the second half of 2020.

On no analysis, let's say they earn 30 cents in 2021.

I should have stuck to no analysis after their last report.




Bump up the cash by 30 cents.

That brings us closer to $1.50 than $2 by year end.

I am not taking in to account any capital investments.


Is it true that in the second half of 2020,

they earned $850,000 but cash grew $1.4 million?

Can anyone explain that one.

[deet49]

only if the growth trend stays intact the progress has been made y/y

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163416966

Mike Tyson said 'everyone has a plan till they get punched in the face'
to Mr. Halligans credit they sure have been scrapping it out

I enjoy a fanciful delusion now and every then but I usually don't propose them in public...

(oh! how embarrassing for me wish I could be you)
this is an open debate forum and your input is welcome what would you propose?
I personally see after following this company for about a decade the trend has been up y/y for the last 10

You expect them to make $5-6 million after tax?

conceivably yes, if you have something you would like to share as to why not, I would be more than entertain to hear it. TY

BTW with the deeply discounted Share price all I see is Improving yield

[Mpettis]

You expect them to make $5-6 million after tax?

I enjoy a fanciful delusion now and every then but I usually don't propose them in public...

[deet49]

conceivably we can be at or close to $2 a share in Cash by the end of 2021
the trends are very much intact looking forward to the Dividend invertors conference and 1/2 year periodical in the form of an up listing that they mentioned ...

question if the lab is changing their equipment does that mean we can have the old stuff at fire sale prices? that would be a gift to control the process from start to finish. I would Imagine the Margins would improve tremendously?

[cheddartart]

Not bad... not bad at all

That's not even including dividends paid out each year I'm assuming :)

[deet49]

Great Summation! your point is very hard to dispute

Cash Position y/y

3/31/11 $897,549

12/31/12 $951,919 (increase $54,376)

12/31/13 $1,056.900 (increase $105,041)

12/31/14 $1,620,886 (increase $563,906)

12/31/15 $2,303,503 (increase $682,687)

12/31/16 $2,928,499 (increase $624,996)

12/31/17 $3,858,172 (increase $929,673)

12/31/18 $5,011,309 (increase $1,153,137)

12/31/19 $6,121,788 (increase $1,110,479)

12/31/20 $7,835,349 (Increase $1,713,561) Up 28% Y/Y

Despite all the challenges this year of pandemic presented I would like to congratulate the Team at PCHM for another great fiscal year.

Thank You

Go PCHM

[slimpickens]

Handling other people's urine in today's world is problematic and should bode well for the more touchless patch.
Sales up
Profit up
Cash up
Dividend approaching 3%
How much did Amazon pay out to stockholders in 2020?

[cheddartart]

I'd say good not great.

Covid is a double-edged sword. Looks like current customers are doing less testing but there are quite a few new customers. But the new customers are taking longer than expected to get patches on arms. That should pick up in the future. So we're at +20% y/y revenues.

Operating Income +31% is a good sign for sure (let's go cost discipline!). Having to pay taxes is now showing up and hurting a bit though :)

Nice +20% increase in regular dividends to 0.12.

Looking forward to what management says at the annual meeting, potential buyout, how the new $1.65B from the Biden admin for drug treatment are used.

[Mpettis]

So what does everybody think of the results? Underwhelming, overwhelming or as expected? Any prediction on Monday stock prices?

[LMLYP]

Second half was $3.2 million in revenues.

[deet49]

opened .50c lower today? did we just go ex. Dividend?

Go PCHM

[deet49]

>.38c paid Dividends list https://www.otcmarkets.com/stock/PCHM/security

Dividends & Splits 
 DividendsSplits 
 DATE	TYPE	CASH AMOUNT	SHARE AMOUNT *	EX DATE	RECORD DATE	PAY DATE	 
 05/18/2020	Ex-Dividend	0.10	—	05/18/2020	05/19/2020	06/09/2020	 
 09/16/2019	Ex-Dividend	0.12	—	09/16/2019	09/17/2019	10/01/2019	 
 12/20/2018	Ex-Dividend	0.06	—	12/20/2018	12/21/2018	01/07/2019	 
 12/20/2017	Ex-Dividend	0.05	—	12/20/2017	12/21/2017	01/08/2018	 
 12/09/2016	Ex-Dividend	0.05	—	12/09/2016	12/13/2016	01/04/2017 

[deet49]

with a .50c + dividend
not unfathomable
plus there is still the question of the war chest of cash they have been building up?

this years guidance might be interesting
like all the BIDEN cash spend and how it relates to us
merger / acquisition / JV / buyout
24/7 sobriety type programs are growing drug courts ect ect
wonder where we come in at for new customers accounts for the year
and how Joe may have had to cancel his tropical vacation that he deserves due to covid??)

[LMLYP]

50 states as opposed to 2000 counties is a $15-20 stock haha. Now try the math to see if I'm right in my one second of extrapolating guessing.

[deet49]

as far as extrapolation in it's simplest form I think it's a good gage as an example the Idea of Loudoun as a county and using that as a figure across 50 states it's within reach not crazy achievable but looking forward to see what's up

[LMLYP]

My DD you point to are just themes, not estimates.

[deet49]

>>The Ubiquitous Rise of PatchTek ....

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162895081

stay tuned next chapter is on the way in the chronicles of the life of a patch

[deet49]

hey cheddartart any sense on when we can expect our annual update ?
LMLYP thinks it's today or yesterday or the day before any thought?
Joe your Killing him ....

Go PCHM

[deet49]

have you seen this the next gen stuff https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163274077
Go PCHM

[LMLYP]

Or two days till letter is out.
GLTA

[LMLYP]

Less than two weeks to go IMO.

[deet49]

Time for some Strategic Alliances? be it with TRCK ALCOPRO or PMD or any other...

Jv, Merger, partnership, spinoff or Investment

I'm still very optimistic for a tech type solution this one looks very promising
https://www.indiatimes.com/technology/news/wearable-sensor-drug-detection-sweat-sample-533919.html#:~:text=Scientists%20Build%20Skin%20Sensor%20To%20Detect%20Drugs%20Instantly%20From%20Your%20Sweat,-1%20min%20read&text=A%20new%20research%20aimed%20at,the%20sweat%20of%20a%20person. who ever gets it first takes the cake! as a sweat testing company PCHM has a unique opportunity to pioneer the tech IMO

Sweat-based Wearable Enabling Technology for Real-time Monitoring
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159163133
Sweat was collected using an FDA-approved PharmChek patch EXAS

Go PCHM V 2.0 PatchTech

[LMLYP]

Deet added!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163127875

I wonder if he has a $10 target.

https://dealtaker.com/wp-content/uploads/2019/09/Target-10-gift-card.png

[deet49]

I'm of the opinion where there is Scram bracelets we are not far behind
any third party vendor/lab I'm assuming can create their own custody mythology in accordance with what ever governing body applies to that particular region and would not necessarily have to be in the control of PCHM
essentially selling them patches for 'Research'

after all it's only been about a decade we've been tracking the growth of pharmchem the next 10 years are wide open ...

[LMLYP]

I was told "no" about London many years ago.

Someone should ask the company about the non "mainly for research" business. What is the chain of command?

[LMLYP]

"Mainly for research" is how they usually worded international business.

46 (2016) 48 (2017) 47 (2018) were the last times they reported the number of states they were in.

[deet49]

right! so 50 states plus territories
also what they refer too as 'international sales for research'??
does that 'research' mean researching drug level of 24/7 sobriety type participants on other continents ....?
https://www.prnewswire.co.uk/news-releases/the-ministry-of-justice-announces-national-rollout-of-sobriety-tag-programme-809334353.html

Go PCHM