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Established leases, repeat sales of products, new sales, etc.
Supposedly all this and a $50K Q.
I operate a one man business and can generate that revenue in a couple months
Fair enough.Still of the mindset that if there was / is an alternative process it would have been brought to market by a company that's been doing this for decades and has the monetary and scientific means to do it. For all we know PCT Ltd's process may have already been researched and tested by one of the industry leaders and found to be ineffective and non feasible.I can't wrap my head around the supposed fact that GG has come up with an unknown process that's going to disrupt the market.All his past snafu's have to be some indication of the caliber of individual heading this up. JMO
Unlike Gary, reputable Companies fully test products and procedures to know what they've got before they Tweet every little morsel of how it's being tested at the grassy knoll and that testing stopped because Joe Blow had a headache and couldn't run the drill that day.
All this folks is carrot dangling, brought to you by the King himself.
Curious as to your take on the 10K
One really does have to question the existing lease payments.
That type of revenue points to them being basically non existent.
Simple fluid sales could account for the $50K.
And that’s even a joke
Denial is not healthy.
Didn't someone here estimate Q4 revs in the $500K range?
Up in flames maybe.
Looks like Gary’s carrot is getting pretty short.
Dangling days may be coming to a close sooner than later
Train wreck!!
Proof is in the numbers
Harland and Wolfe also said that the Titanic was unsinkable!
Stop and think about it. EOR has been around since the 40's. Chevron, Schlumbarger, etc are all players in this field.
With the billions at their disposal for research, testing, etc we should be led to believe that someone such as Gary Grieco is going to be the one to develop a disruptive technology that will be a means to efficiently and
profitably extract product from aging wells?
If you stop for just a minute and think about the absurdity of the whole thing. Really
All opinions welcome:)
Maybe you'll get that chance again but this time at a dime.JMO
True. They could also be 75% of that number.
And your point? Show me a CEO that isn't overpaid,. That can be said about 99% of all CEO's. When you look at their responsobilitiy and what they can be held accountable for it never adds up to making sense. JMO
Fair enough. There will be a few wealthy individuals when it's all said and done. JMO
Then why did you buy? CD rates are inching up, much safer and less stress.
Reliable sources say that there's an entirely new rail spur being added to the Werks Mfg facility.Daily shipments by EOY are expected to be 3 pallets per day. The decision was made by GG to go ahead and do this as he anticipates monthly sales to top $10M by June of this year. News to be in a podcast coming to a theatre near you soon.
Whatever the market will bear.
And a quart of Muscle Milk to keep those arms in shape for the next photo session.
Rumor has it there going to be another pallet of product shipping out today.
Gary was seen personally stretch wrapping it and flexing his muscles just like he's doing on the info page ! I'm surprised he's not out to the grassy knoll site rough necking a 4" drill pipe into test hole 466-BX- Cc448.
1Q revs $500K/ $750K / $1M??????
Opinion, or proof to back this statement?
EOR has been around in many different forms for decades.
Even when it was profitable and oil was at high prices there wasn’t as much acceptance as most would think.
I realize that PCTLtd’s technology is industry disruptive ( chuckles)but don’t see it being much more than just another means that will fall by the wayside.
Testing ,testing , ….
More carrot dangling to keep the masses interested.
JMO
Will never happen on the scale that most here anticipate.
Will string this along with nothing more than promises and unreachable goals.
Best case is to make a buck on the hype when /if it hits.
As far as making money on actual accomplishments of the Co. , not gonna happen.
JMO
This is going nowhere.Inked deals, billion dollar loans,meetings with high officials. blah blah blah.Nothing more than a sham.
JMO.
There never has been a pod cast that's resulted
In anything positive.
I figured someone as trader savvy as you would have realized that by now.
Weren’t you the individual who a few days ago made the statement that buying this under .0155 was never going to happen?
If I’m wrong, apologies in advance.
Do you happen to know what Co. he was associated with in the past?
Yes.
That would add even more question to the subject!
Ex CEO working in IR.
A lot of focus from IR on answering the phones and30 years doing this.
Other than that, nothing but elementary info.
How much is PCT Ltd paying Fischer? MOUNTAIN top Mike was capable of that.
Gary’s gonna shine today on the podcast
Will be flexing his muscles like he’s doing in the candid shot on the info page
But how much of those funds is already gone?
Wouldn't be at all surprised if that's what's keeping it afloat.
Have funds been put to use in any fashion that is generating income, or just keeping salaries paid and the wolves from the door?
Revenues need to increase qtr over qtr, contracts need to be signed.
Maybe all that is happening. Maybe it's not.
IDK.
Time will tell the story, it usuallly always does.
I think we can both agree that stranger things have happened in pennyland.
"no reason to doubt g.g"
Gary's track record of making accurate statements is extremely poor.
Is this beneficial to PCT Ltd or are you just stating what you observed?
Just noticed the picture of G.G. with his arms up in the air.
That image really bestows confidence in the whole operation!
We need some news with meat on the bone.
Hopefully we see something in the upcoming filing that will light the fuse.
SalSon kinda came and went with little fanfare.
Grieco emphasized.
My point exactly!
Past history is, and many times relevent.
And testing stands idle.
No sense in striking while the iron is hot.
PcTLtds MO for the last couple years.
One of two things:
The Co. is just so poorly managed that there is no sense of urgency to move hastily on a product and service that would be greatly beneficial.
It's all bullshit and the Co. knows it so why be in any hurry to develop a a worthless product.The Co. can continue to exist with everyone but the shareholders making a profit except those who are able to flip this when the opportunity arises
JMO