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“Professional”
Without talking about prior conference calls, which we know were not well organized, upon what do you base the position it’s not going to be good?
It would make so much sense and a lot of us would feel much better about the company’s awareness of shareholders.
I can’t wait until Q4, I hope the revenues are high enough the company announces a 25-50 million share buyback.
Classic pump and dump? Doesn’t a classic pump and dump generally have little to no revenues, unaudited financials, lack an established pattern of growth?
Yaaaawwwwnnnn. Pretty boring jimr.
I hope so too. I’m actually not nearly as down on him as others are. I’ve been buying since July 2019 and haven’t sold a share yet. I think there are definite improvements we can make in a number of areas, but all this talk of “Gary is a Wall Street insider and should make no errors and have no learning curve” is simply silly. Growth is painful sometimes as people learn through their mistakes. I’m definitely more understanding than a lot of folks on here as the company leadership is learning how to grow.
I’m not, sadly. Too many prior conference calls and podcasts didn’t provide as much substance as expected, as many folks like to remind us here regularly, and there is a pretty strongly negative narrative about the company that has been pushed for awhile now. That’s not completely a baseless accusation, I hope that this call is a more finely polished product. I have faith it will be, especially since the Q&A session isn’t live and they have time to prepare for it.
For sure... long term capital gains bound. It’s about perspective and expectation. It’s really not even about patience, If your expectations are matched to a longer timeframe then patience is built in... you could even say it’s expected. Too many folks want immediate exponential gains Over and over and over, rinse and repeat. That’s unrealistic.
Ohhhhhh yeeeaaaa QB
I guess “when in Rome,” I’d prefer to keep my credibility and not join the train of garbage speculation but to each their own.
And this information is deducted from where?
Yaaawwwwnnnnn... get a new line.
I think my satisfaction is directly correlated to my expectations. I buy every share with the baseline expectation I’m holding until, at a minimum, it becomes long term capital gains eligible. Makes my daily peace of mind much easier to maintain :)
It’s been awhile since I added, but given that this didn’t rise today like I hoped it would I dropped some other bags and added about 10K more shares.
Never thought I’d say this, and it’s only in this context, but I guess I’m glad something good came out of COVID at least for this company.
I have read the financial reports. They probably would’ve done what every other OTC company does and increase the authorized Share count and take on more toxic funding. This entire UK deal started well before coronavirus. Hospital acquired infections, which you probably have read a lot about and there’s a ton on this board about it, cost billions of dollars a year and that is a black hole of lost money that administrators and attorneys are constantly trying to mitigate.
There’s really no way either one of us can sit here and armchair quarterback six months later about what would’ve happened. Sure, you think based on the numbers that they would filed for bankruptcy. Maybe you’re right.
That’s your opinion and you are entitled to it.
“CV was a bonus, not a reason for being.”
Sooooo true. I got in initially, and kept buying, strictly around hospital acquired infections and the RFID patent that PCTL holds as it relates to tracking the room cleaning and my perspective on the relation of that technology to liability protection. CV is a bonus, oil and gas is a bonus but could ultimately be as large as the hospital side, agriculture is a bonus but if they can use hypochlorous fluid to eliminate citrus disease then it’s truly game on there for commercial citrus application.
Again, back to expectations. The sky is the limit If you look at years and not months or weeks, and also expect some growing pains and mismanagement as a natural part of the process.
That’s kind of how companies work at this level though isn’t it? If I recall correctly from the financials, they have 9 full time employees and 2 part time? For as much potential as this product and company have, at this point it’s still a mom and pop type outfit. Expecting world class presentation or business acumen is simply unrealistic, on any front. The issue resides in unrealistic expectations more than anything else. They’re gonna stumble, and misstep, they’re learning and growing too.
Given it is after close of market on the day before Q3 ends, perhaps we will also get a fairly accurate guesstimation of Q3 financial numbers too.
MaxxxxxxGrrreeeeeennnnn I suspect.
Yea, you’re one to win with. The beacon of neutrality over here.
MaxxxxxGrrreeeeeennnnnnn on the close.
Like, $881,000 in real money?
Will the merger affect common versus preferred shares differently? If the preferred shares are $15 apiece, converting at 250 to 1, at .10 a share that’s basically changing $25 into $15? Sorry, never been through anything like this before and am new to it all.
It’s interesting that their cash burn is essentially the same, slightly more than $225K a quarter, but whereas quarterly revenues in Q2 2019 meant they were bringing in less than half of what they were burning, in Q2 2020 they are bringing in over three times as much as they are burning. That’s a nice switch to the better side of that equation.
Thank you.
Transparent... the windows laugh.
Honestly, for better or worse, I’m here for awhile. The money I put into get my 565K shares is money I don’t need and have mentally written off. I’ve said it before, and I’ll say it again, if it hits $1.00 in the next couple of years I’ll sell 100,000 shares to pay off the mortgage and ride the rest for a time until I see it fitting to sell. Half my shares are in a ROTH, though, so those will just chill for a couple decades. If this stock hits $1.00 at any time, at this point I think it will be based on natural growth and not hype or FOMO, although that could very well happen again as we have seen a couple of times in the past year with pretty wild speculation about the UK deal and also about fluid production profits.
I don’t know enough about what is acceptable debt levels to know if I should be worried about that or not. Lots of companies exist, and thrive, with massive amounts of debt. A lot of ours is not on favorable terms, that is true. I’m still waiting on someone to help me understand on page seven where it reads to me like the company cleared off 1.7 million in debt, I don’t know if I’m reading that right or not.
As far as I’ve seen in the roughly year and a half I’ve been meddling in the OTC, That language about not existing is pretty boilerplate for every financial report I’ve seen. I’m sure it’s related to liability related lawyer/accountant advice like “put this in there so if the company doesn’t succeed people can’t sue you” because it’s nearly universal, from what I’ve read.
May I ask what scared you in it? There are pieces I don’t fully understand so I’m trying to learn more.
Very true, if it were to regress to trips I would be frustrated for not selling. I don’t have enough experience to have seen a lot of OTC failures, I’m happy to see this company growing in revenue, distributor footprint, and numbers of machines placed in hospitals. I am sure there are many variables at play I am not knowledgeable enough about to anticipate it negatively affecting the company’s existence. Hopefully I’m smart enough to sell at a nice long term capital gains profit.
Is that what it means though?
Who would not be happy with going from .04 to a dollar in one year, or even two years? Or to two dollars in two years? 2,400% - 4,900% growth? And people think they can find better elsewhere?
I’m not saying these numbers are my prediction, just responding to what you said.
One question I have, and don’t fully understand, is on page seven it shows (gain) loss on settlement of debt as (1,715,539). I read that as $1.7 million of debt being settled, thus its in parentheses as a gain. Maybe someone smarter than me can confirm that or explain what it actually means.
DEATH CROSS!!
Lol, can’t whine about them being late anymore? It’s always something.
641% increase in revenue for Q2 2020 over Q2 2019? Massive growth, and more importantly, validation of what we have been hoping for (company growth). The writing is on the wall looking forward to Q3.
Lol that’s simply a ridiculous thing to say. Upon what do you base this position? Do you think Q2 will show reduced revenues? Do you think the company is lying about the number of distributors and Annihilyzer placements?