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Besides the new account and existing account growth potential for new and numerous Loudon counties, and market share gains from the SD 24/7 programs which you can extrapolate to other similar programs (ND was once twice the size of SD), there are state and local agencies like those in Nebraska.
https://supremecourt.nebraska.gov/drug-testing-during-pandemic
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158596853
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158598054
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158503722
I believe we were facing headwinds, which underscores just how big a change the pandemic made on the first half numbers. You wrote about second half numbers and 2021. I think looking at 2019, again, shows how big an impact covid had on our numbers.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157923354
Two months in to the pandemic, there was a record twelve month number of 76,000 fatalities. The opioid crisis is back on a decade long trajectory.
Finally there is the trend nationwide towards decriminalization and legalization which will lead to more drug courts and testing.
That Cheddar doesn't know if it is $8 million or $9 million in cash is telling, because that's a $5 million dollar difference in revenues.
"Hey Joe"
C'mon Joe. Special us.
EXTRAPOLATE THIS
SD 24/7 gains (scroll down) and numbers.
In the last seven months, the patch has averaged a 37% market share.
Prior to that, the market share was 25% or less.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159990967
e: deet49 post# 43 0
Post #
44
of 45
SD 24/7 November numbers.
https://atg.sd.gov/legal/DUI247/statistics.aspx
So those are the most recent numbers.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159393768
Last month's post, updated for NOVEMBER.
In the SD 24/7 program, the patch is picking up market share versus urine analysis, due to "social distancing".
November SD 24/7 283 tests versus 341 tests a year ago.
See comments at bottom regarding market share gains.
https://atg.sd.gov/legal/DUI247/statistics.aspx
Tests Administered 2020
November 283
October 348
September 399
August 381
July 377
June 323
May 322
April 253
March 300
February 268
January 221
Tests Administered 2019
December 399
November 341
October 348
September 407
August 362
July 387
June 363
May 358
April 398
March 342
February 319
January 394
Tests Administered 2018
December 327
November 367
October 377
September 353
August 406
July 461
June 447
May 402
April 402
March 383
February 356
January 442
Tests Administered 2017
December 415
November 324
October 385
September 369
August 355
July 376
June 432
May 427
April 308
March 232
February 256
January 352
Tests Administered 2016
December 335
November 358
October 305
September 318
August 353
July 323
June 324
May 256
April 283
March 291
February 261
January 251
The monthly reports refer to "participants" which tells us how many people are given the patch and how many others are tested with urine analysis.
Urine Analysis through November 30, 2020 13,321 participants
Drug Patch through November 30, 2020 2,593 participants
The drug patch appears to have a lifetime market share of 16% in drug testing. However, the patch was a later entrant by four years than urine testing, so it's at least a little bit larger than 16%.
With that said, the first couple of months in 2020 showed that the patch was somewhere between 22% and 25%, which is not too far off from 16%.
Also note that February had a total of 200 participants. It was the "highest" month by far for drug testing for which I had numbers, which speaks to the slowdown this year.
I know that this is a tiny sample size, January is missing, April has an error, other numbers of partipants in past years had errors in reporting, but I think that the last six months are higher than the six months preceding it which is another example of "social distancing" benefitting use of the patch
Market share
February Urine 156 participants Patch 44 participants (25% market share)
March Urine 116 participants Patch 33 participants (22% market share)
April Urine minus 20 participants Patch 56 participants (error)
May Urine 51 partipants Patch 31 partipants (38% market share)
June Urine 60 partipants Patch 38 partipants (39% market share)
July Urine 59 partipants Patch 45 participants (43% market share)
August Urine 95 participants Patch 33 participants (26% market share)
September Urine 95 participants Patch 47 participants (33% market share)
October Urine 85 participants Patch 54 participants (39% market share)
November Urine 53 participants Patch 42 participants (44% market share)
In the last seven months, the patch has averaged a 37% market share.
Prior to that, the market share was 25% or less.
PCHM
I appreciate the post about margin expansion. It was written
improperly as if the company was being quoted.
wrong board posted on.
SD 24/7 November numbers.
https://atg.sd.gov/legal/DUI247/statistics.aspx
So those are the most recent numbers.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159393768
Last month's post, updated for NOVEMBER.
In the SD 24/7 program, the patch is picking up market share versus urine analysis, due to "social distancing".
November SD 24/7 283 tests versus 341 tests a year ago.
See comments at bottom regarding market share gains.
https://atg.sd.gov/legal/DUI247/statistics.aspx
Tests Administered 2020
November 283
October 348
September 399
August 381
July 377
June 323
May 322
April 253
March 300
February 268
January 221
Tests Administered 2019
December 399
November 341
October 348
September 407
August 362
July 387
June 363
May 358
April 398
March 342
February 319
January 394
Tests Administered 2018
December 327
November 367
October 377
September 353
August 406
July 461
June 447
May 402
April 402
March 383
February 356
January 442
Tests Administered 2017
December 415
November 324
October 385
September 369
August 355
July 376
June 432
May 427
April 308
March 232
February 256
January 352
Tests Administered 2016
December 335
November 358
October 305
September 318
August 353
July 323
June 324
May 256
April 283
March 291
February 261
January 251
The monthly reports refer to "participants" which tells us how many people are given the patch and how many others are tested with urine analysis.
Urine Analysis through November 30, 2020 13,321 participants
Drug Patch through November 30, 2020 2,593 participants
The drug patch appears to have a lifetime market share of 16% in drug testing. However, the patch was a later entrant by four years than urine testing, so it's at least a little bit larger than 16%.
With that said, the first couple of months in 2020 showed that the patch was somewhere between 22% and 25%, which is not too far off from 16%.
Also note that February had a total of 200 participants. It was the "highest" month by far for drug testing for which I had numbers, which speaks to the slowdown this year.
I know that this is a tiny sample size, January is missing, April has an error, other numbers of partipants in past years had errors in reporting, but I think that the last six months are higher than the six months preceding it which is another example of "social distancing" benefitting use of the patch
Market share
February Urine 156 participants Patch 44 participants (25% market share)
March Urine 116 participants Patch 33 participants (22% market share)
April Urine minus 20 participants Patch 56 participants (error)
May Urine 51 partipants Patch 31 partipants (38% market share)
June Urine 60 partipants Patch 38 partipants (39% market share)
July Urine 59 partipants Patch 45 participants (43% market share)
August Urine 95 participants Patch 33 participants (26% market share)
September Urine 95 participants Patch 47 participants (33% market share)
October Urine 85 participants Patch 54 participants (39% market share)
November Urine 53 participants Patch 42 participants (44% market share)
In the last seven months, the patch has averaged a 37% market share.
Prior to that, the market share was 25% or less.
PCHM
44% market share - best SD month ever!
SD 24/7 November; 42 tested with the patch, 53 urine tested.
Yes they use ZOOM and appreciate your post about several points of margin expansion!
https://atg.sd.gov/legal/DUI247/statistics.aspx
Will do a typical analysis in another post.
In the past two weeks, interest has once again popped up in five stocks that have silver mine claims in Northern Idaho. They are all owned by the same family. I do not recommend them, but they've all made moves from around a penny, and again, have shown some life again. I bought HSCM under a $60K cap and made 10x. The following have been teasers to FRAZtastic.
STLM, SBUM, ACNE, VINS and HSCM
Here's what matters to me on a Sunday night.
(1) https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159203132
Management has made excellent day to day operational decisions, and our operating margins have increased every single year.
LMLYP Thursday, 10/29/20 05:36:39 PM
Re: deet49 post# 2883 0
Post #
2884
of 2920
Look at these operating margin trends.
2012 3%
2013 7%
2014 18%
2015 20%
2016 25%
2017 26%
2018 28%
2019 29%
2020 First Half 33%
(2) Current Ratio: Current Assets divided by Current Liabilities
Look at these current ratio trends.
2013 5.7
2014 5.4
2015 5.5
2016 6.1
2017 6.9
2018 7.9
2019 8.8
2020 (1H) 8.8
These are significant changes. For a recent example:
2018's balance sheet was 5,853,060 in current assets, and 744,177 in current liabilities.
2019's balance sheet was 6,915,758 in current assets, and 785,275 in current liablities.
The year over year change was a 1,062,698 increase in current assets and a 41,098 increase in current liabilties Think about that for a second.
One thing I will project is the current ratio will be higher than 8.8 for 2020, the sixth consecutive year of improvement in this measurement.
Who even has a current ratio of 9?
The company has not seen the need to deploy their capital, they are excellent stewards.
Move that dividend up by another two months. There is way too much cash on the balance sheet.
In the next letter, the company might help educate us by being more transparent in a "what if supplier scenario" occurs as well as addressing leadership continuity for the next generation of shareholders.
How lucky are we that they remain on the pink sheets.
"Daily interest on FRAZ. Nice."
Make that VERI nice.
Yes. I noticed.
DEET does it again.
Changing gears.
I've been long and strong since 2012 on PCHM.
Maybe my price targets and timing that trade has been premature, but I think PCHM is about to explode. It is coiling. The bidders are getting bold AGAIN. They've tried it before, only to get pushed back.
Traders may want to take a shot here under 4 on it's way to 14
Daily interest on FRAZ. Nice.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=156878912
Last sentence. I'm not recommending HSCM.
That's becaue I never recommend any of my stocks, Except FRAZ.
I bought HSCM only as part of my lowest cap strategy.
Got lucky. I'm out. Ten x?
FRAZ future x'r
One month into pandemic, trailing 12, 76,000 deaths.
https://news.yahoo.com/biden-other-health-crisis-resurgent-120018754.html
By Dan Goldberg and Brianna Ehley
Sat, November 28, 2020, 7:00 AM EST·7 min read
President-elect Joe Biden, long viewed as a drug policy hawk during his four decades in the Senate, is signaling a different approach to confronting a still-raging drug addiction epidemic made worse by the pandemic.
Biden, who has stocked his team with addiction experts with extensive backgrounds in public health, will emphasize new funding for substance abuse treatment and prevention, while calling to eliminate jail time for drug use. It’s a departure from his tough-on-crime approach as a senator — and from President Donald Trump’s frequent focus on a law enforcement response to the drug crisis, which experts said undercut necessary public health measures.
"We have every reason to believe President-elect Biden will view this primarily as a public health issue,” said Michael Botticelli, who led the White House drug policy office under President Barack Obama. “They recognize there is a critical component law enforcement has to play but leading with a public health strategy.”
Biden will take office at a crucial moment in the fight against drug addiction. Some states are contending with double-digit spikes in overdose deaths, sparse public health workforces are already stretched thin fighting the coronavirus and widening budget deficits brought on by the pandemic could force states to make painful cutbacks to public services.
More than 76,000 people died of a drug overdose between April 2019 and April 2020, according to the most recent preliminary federal data, the most ever recorded during a 12-month period. Federal health officials say the drug crisis has only been amplified by months of social isolation, high unemployment and the diversion of resources to combat the virus.
“Since the pandemic hit we have not been able to control the opioid epidemic,” said Nora Volkow, the long-serving director of the National Institute on Drug Abuse, in an interview. “Our vulnerabilities have just gotten worse.”
Biden, who often spoke during the campaign about his son Hunter’s struggles with substance abuse, has called for record investments in drug prevention and treatment while also holding drug companies accountable for their role in the opioid epidemic. But his $125 billion treatment plan could face resistance in a bitterly divided Congress that for months has failed to agree on a coronavirus relief package, even as infections soar and jobless claims rise.
Throughout the day and every morning, I look at the Christmas tree, aka "Investor Relations" and "News and Updates". I like going to OTCMarkets too, for giggles. Stock is way undervalued.
Worst case scenario is waiting five months for audited 2020 financials, forward looking statements, and a tiny little dividend.
PCHM
The 4s just got thinner on L2.
Happy Thanksgiving. Wishing you and your families and friends good health.
40,000 shares since first $3.50 trade on 10/2/20.
Bid/Ask tight.
He is sitting by his phone waiting for your call on a Vegas trip.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=94807549
Words rarely used by Redluber
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=94323077
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=92355583
It feels like someone is ready to show size.
New tax policies are coming in the next couple of years, and the company is going through extrordinary times of growth that is perhaps exponential.
They may decide for tax reasons it would be better to pay out a special dividend this year and to also pay a special dividend next year, Check the website multiple times daily. It has benefitted us in the past so be on top of your due diligence.
And not out of the question operationally is paying out six cents regular quarterly diviends using a "100 percent" payout ratio.
STRONG BUY
Investors are already thinking about Thanksgiving pies in 2020.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=92190076
In the SD 24/7 program, the patch is picking up market share versus urine analysis, due to "social distancing".
October SD 24/7 tests administered were flat year over year, 348 tests versus 348 tests a year ago
See comments at bottom regarding market share gains, even if they are small.
https://atg.sd.gov/legal/DUI247/statistics.aspx
Tests Administered 2020
October 348
September 399
August 381
July 377
June 323
May 322
April 253
March 300
February 268
January 221
Tests Administered 2019
December 399
November 341
October 348
September 407
August 362
July 387
June 363
May 358
April 398
March 342
February 319
January 394
Tests Administered 2018
December 327
November 367
October 377
September 353
August 406
July 461
June 447
May 402
April 402
March 383
February 356
January 442
Tests Administered 2017
December 415
November 324
October 385
September 369
August 355
July 376
June 432
May 427
April 308
March 232
February 256
January 352
Tests Administered 2016
December 335
November 358
October 305
September 318
August 353
July 323
June 324
May 256
April 283
March 291
February 261
January 251
The monthly reports refer to "participants" which tells us how many people are given the patch and how many others are tested with urine analysis.
Urine Analysis through October 31, 2020 13,268 participants
Drug Patch through October 31, 2020 2,551 participants
The drug patch appears to have a lifetime market share of 16% in drug testing. However, the patch was a later entrant by four years than urine testing, so it's at least a little bit larger than 16%.
With that said, the first couple of months in 2020 showed that the patch was somewhere between 22% and 25%, which is not too far off from 16%.
Also note that February had a total of 200 participants. It was the "highest" month by far for drug testing for which I had numbers, which speaks to the slowdown this year.
I know that this is a tiny sample size, January is missing, April has an error, other numbers of partipants in past years had errors in reporting, but I think that the last six months are higher than the six months preceding it which is another example of "social distancing" benefitting use of the patch
Market share
February Urine 156 participants Patch 44 participants (25% market share)
March Urine 116 participants Patch 33 participants (22% market share)
April Urine minus 20 participants Patch 56 participants (error)
May Urine 51 partipants Patch 31 partipants (38% market share)
June Urine 60 partipants Patch 38 partipants (39% market share)
July Urine 59 partipants Patch 45 participants (43% market share)
August Urine 95 participants Patch 33 participants (26% market share)
September Urine 95 participants Patch 47 participants (33% market share)
October Urine 85 participants Patch 54 participants (39% market share)
In the last six months, the patch has averaged a 36% market share.
Prior to that, the market share was 25% or less.
Was this informationn worthy of posting because of a small sample size, I don't know, but it at least confirms the story that we're kicking ass.
348 tests in october, 54 new participants. I'll update post on other site later.
I will say that in terms of participants, patch versus urine, we have been picking up a little market share. I cannot say how meaningful it is. I will have to think about that before posting.
Ill let you know. Thank you for reminding me.
How should the country prepare for the legalization of drugs, starting with marijuana but moving to magic mushrooms, meth and heroin.
Where can Oregon get assistance now that drugs have been legalized? Don't we need to get more treatment centers in place now? Won't non-profits like Narcotics Anonymous and Alcoholics Anonymous need support for expansion?
I found this exact post last night too, very late, having gone through all our classics from the start.
Someone I know asked management in an email about momentum, and the next very day, this was your post. What are the odds.
It was a Deet post probably in 2014/2015.
One word post. Momenturm.
We were playing around with some numbers based on $10-$15 million in sales on another IHUB message board which is easy to find.
You asked me about 95 and I assume gold mining in a deleted post.
More important, how are you positioned, if at all, in this market?
Best
It's fun that others know who I am, but I have no idea who others are, so I make assumptions. I think Cheddarart got them to report semi-annual. I also believe Joe once told you "momentum" to answer a question I had.
33 cent to 50 cent dividend:
(1) a 20% net after tax income rate
(2) a 100% dividend payout ratio on net income
(3) 6 million shares, not the 7 million fully diluted
(4) I forgot that they already paid dividends this year, sorry.
(5) be bigger than 33-50 cents next year.
Without Loudon, but now including Mchenry County, and assuming the orders are not monthly and not yearly, I will call them quarterly orders, it is $41,000,000 in annual sales, again without Loudoun.
With Loudon as a yearly number, and other orders as quarterly it's $100,000,000
Make me go faster!
$1.25 to $3 in annual dividends
The election results fromn Oregon for decriminalization of many drugs means addiction centers will be getting much busier. And a trend for decriminalization could appear on future ballots.
STRONG BUY
Mixed reaction. Like when Sir Larry Wildman drove off a cliff in my new Maserati.
We should be twice the price per Maj on a higher exchage, with all else the same.
I'll never know about how Geo Investing (Maj) found the stock. Maj was in way before dividends were first annouonced. I do know that they are kept aware of news that is uncovered. They are priveledged to hear us loud and clear.
Perhaps the other funds should be as well. "Hi. My name is LMLYP. Here are some recent orders, a summary of their operating margin history, the 342,000% argument for PCHM, and that Redlepper says the ship has been patched." Blah Blah Blah yakyakyak.
Running Total's
$350,213
665,524
52 cents per person
Skewed because of Loudoun
$342,045
426,500
80 cents per person
Loudon IS a one year order.
Without Loudoun
$8186
239,024
3.4 cents
These are monthly or quarterly or as needed orders, so 3.4 cents is low for the non Loudoun county orders.
Let's find McHenry County, and add that to this very meaningless exercise.