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Know what is not new? PCTL PPS holding strong in this trading channel despite being late on the filings because people know how many revenue streams this company is working right now. For the past 46 trading days, going back to April 16th, the closing price not gone below .00458 and has only closed below .048 one time. It has spiked as high as .0874 in that timeframe too.
Do we know the revenue details of the over 40 distributors and sub-registrants using PCTL’s EPA number or directly purchasing fluids from PCTL to resell? Nope. Do we know the revenue details of the hospital placements of Annihilyzer machines? Nope. We all have to wait on those numbers and speculation is what we have. Some speculation is more well-researched than others but we really don’t have much of a concrete idea on numbers.
Despite being late on the financials, and flying in the face of negative speculation, this stock price has been holding incredibly strong. It may dip when the financials do come out because despite soooo much DD on this board about Q2 and Q3 being the reporting periods that will truly show what PCTL is doing, a number of folks (for reasons good or bad) may sell their shares if the Q1 fins don’t match their expectations, however those expectations were developed.
I don’t blame folks for selling and moving on if they’re looking to day trade or short swing trade. At this point, this company is an investment play and we have to wait. Wanna swing it, come back in August or September. Wanna day trade for pennies as we move 2-5%? Have fun. The ideal here is park your money and check back in a few months.
Fantastic find.
The company that sold all rights to this product to PCTL and now is subject to a lawsuit by PCTL? Where is your DD on that?
How exciting it is to watch PCTL stabilize while so many OTC stocks are down 100-10,000% and shareholders are unsure if the company will even survive this pandemic. How fortunate we are to only be waiting on late filings.
I understand the frustration of those shareholders that bought in higher than this, but Those of is that have been here and are sitting on 900% or more gains aren’t complaining about stabilizing here instead of sub-penny.
Is it “facts” or is it “probably,” these numbers you throw out? Sounds like not facts but speculation.
COVID19 is out of their control. Not sure if you’ve seen our management team but they’re not exactly all young bucks and most likely have had to modify their own exposure/risk/work schedules since February to avoid getting sick. Perhaps some even had to take “COVID leave,” as my colleagues call it, because they live with someone elderly, immunocompromised, or lost childcare. All of those things are also circumstances outside of their control.
I don’t recall any official statements from the company that they were just waiting on the auditor. If I’m wrong, please provide the source/date when the company said they were waiting on the auditor.
8K on May 29th - COVID has slowed the accounting and auditing work, nowhere does it say “waiting on the auditor”
8K on May 14th - same thing, it has slowed the “accounting and auditing work” and has “delayed certain inventory audit procedures”
10K on May 14th - company is “awaiting final audit of its financial statements for the year end and completion of XBLR conversion of its financial statements”
We all know the company is late on its financials and has been late in the past. What I haven’t seen them say is “we have done everything and it’s just on the auditor.” That is simply how some readers are interpreting the documents in an attempt to further discredit management by saying they’re lying to us. I don’t believe PCTL has ever said “we are done with our part now it’s waiting on the auditor” and now is backtracking saying they’re working hard.
Correct me if I’m wrong please.
I wonder at what PPS we will stop hearing baseless nonsense.
They’ve had three press releases in the past 14 trading days... that’s what you consider dark? Sounds like an unrealistic expectation of communication if that is considered dark.
Hahaha green.
Haha why is your speculation any better, and what is it based on? Lay it out for us please.
I couldn’t agree more... adding revenue streams, increasing the money coming into the company. Patience is the name of the game as companies grow, and patience is what so many of us humans lack.
Talk about some entitled belief... just because I hold some stock doesn’t give me the right to call the CEO or CFO and demand anything. If I held a substantial amount (as defined by objective percentage, not by the subjective percentage of how much Of my overall money is in there) then its an different story, but we are talking millions and millions of shares to warrant deserving that kind of access.
Plus, how much time do we waste of theirs with calls like that. “Hi, I’m Bob. I own the equivalent of 20 gallons worth of HOCL in stock and I demand answers.” If you really believe in the company and care about them and you doing well, let them do their work. If you simply can’t resist putting in your two cents or asking questions, direct them to the Chesapeake Group. They will aggregate the questions and if there is a theme to them, it should be addressed by management in a future PR or podcast or conference call. Your question may not warrant a response, however, and that’s just how it be sometimes.
Didn’t they already vote, it failed to get enough votes, so they extended the period through June 19th to try and get the number of votes necessary? Pretty new to this, but it appears the company really wants the R/S and the voting bloc may feel different.
I’m not sure how many folks here, me included, have $20,000 to drop on anything.
I don’t know how many people investing in any OTC company are seeking a “safe bet.” Many are looking to get in and out, riding a wave up to some profit, and us longs are looking for exponential growth over a sustained period of time. Exponential growth probably ain’t happening with the companies you referenced, although it is probably safer if someone wants small, single digit long term growth.
Danolyte is not a competitor.
Hahaha sooooooo wring.
Exactly, it’s only stagnant if the timeframe you look at is the past month. Investors take a wider and longer perspective than day traders and flippers. This stock is far from stagnant and my gains since mid and late 2019 reflect that!
I get the stagnant piece, but on 2/26/20 it closed below a penny so it’s up dramatically since then. I wouldn’t call it disappointing but I’m also in at roughly a .01 average. Folks who bought at the high in mid-March or late April are probably disappointed but given the 435% quarterly YOY growth from Q2 ‘19 to Q2 ‘20, patience would be a good thing for those folks to have as they wait for the late financials. It’s definitely frustrating they’re late again but that really doesn’t change the underlying growth trajectory.
That’s a bold claim you make.
I’m with you in that club :)
I agree 1,000,000%. Shareholder and longs belief in the product and endgame is strong but that belief and commitment should not be taken for granted. I don’t think it is, I think the company has been saying they recognize the need to file on time and want to, but at some point (in the past, now) the rubber meets the road and actions need to back up words. I would be very happy if Q2 2020 is filed on time, I would view it as the company getting it together as they say they are trying to. If Q2 2020 is late also, then the pattern is even more cemented and that would be very disappointing.
It may run to .07-.12 in the next couple of months but it will likely be August (or September or October, if the filings then are late too) before we get to see the numbers we are all waiting for from Q2 2020. That’s when the fun starts.
That’s a good thing in my opinion. Keep the focus on the work they are doing building the company and force your shareholders to make a decision - are you in it for the substance or in it for “aspirations.” I’m in it for substance.
You’re right, one in late May and another one today. As COVID restrictions subside, I expect to see more and more installations occur.
It’s equal parts amusing and frustrating to observe the shortsighted inability to see what the rest of 2020 looks like for this company. PCTL is gonna crush Q2 and Q3 2020.
Lol formalized distributor structure, additional installation. That’s the opposite of fluff.
Green.
Other than the fee per transaction, I’ve got no complaints.
Large assumption the auditor is willing to complete any in-person work at this time. Millions of people still working from home, some level of phased reopening or stay at home restrictions current in dozens of states, SC government employees haven’t even started returning to work yet.
Is the assigned auditor elderly, or immunocompromised, or simply unwilling to take the risk of exposure even though PCTL could obviously use their EPA approved disinfectant to clean the facility prior to the on-site visit? It’s unreasonable to call something with so many unknown variables “simple.”
I hope it comes organically, I really like this company, it’s staff, and it’s goals. In contrast to the “don’t fall in love with an OTC stock,” I have no problem doing so because it’s an investment and not a quick buck. Wish I could be there for drinks with y’all this week, maybe sometime in the future that can happen again.
I’m also in the latter group, half of my shares are in my Roth so I don’t even really think about them, and the other half I’ve been accumulating since last July and just get more and more excited as the “long term capital gains” dates get closer. I will sell 20% of my shares when it hits $1.00 a share so I can build a fancy a$$ deck to sit on and watch the sunset because life needs to be enjoyed too, but the other 150K of my non-Roth shares I’m waiting for a $3-$5 a share buyout, hopefully.
I keep seeing references to “3-5% losses” yet PCTL hasn’t closed below .05 since April, I believe, so there should be some 3-5% gains sprinkled in there too. It’s an ebb and flow amongst MMs, folks taking profits, folks flipping, and those who see the longer term potential and are buying to hold.
Nobody saw that, probably not true anyway.
Read the lawsuit and the history before you speculate.
It is unfortunately already back... last time it was up, we did run hard but there was also a narrative about how the company was intentionally leaving it up to prevent conversion of notes. That narrative won’t exist this time and I really hope they file soon.
Regardless, what has become more and more apparent over the past three months is that this stock needs to be a longer term investment unless a person is pretty savvy at day trading/swing trading, and honestly probably more swing than day because I don’t know if day traders consider 3-7% daily swings worth their time. Maybe they do, I’m a rookie. I’m happy with the long term direction and prospects while simultaneously frustrated with the day to day like many folks are. I do believe we will be solidly into the .12-.20 range by September but time will tell I suppose.
I completely understand your need/desire to take profits and depart, if that is what you end up doing. This has turned into a longer play than many folks hoped for, and longer than it looked in early 2020. Nobody can fault you for doing what you need to do, or for wanting free capital to engage in faster moving stocks. I hope it spikes to .12 in the short term so you make more money than you hoped for. Half of my shares are in a Roth so I’ve got time aplenty there, which is a luxury others don’t have. Best of luck to you in those other endeavors if you do take your money elsewhere. I would encourage you to leave 10K shares or something small here just for funsies and check it in 2022.
It says they won’t disclose material information on social media, not that they won’t partake. It is basically saying we will file material information the way we should, through actual filings and not by putting it on social media which doesn’t satisfy the filing requirements of a public company.
I believe it is up 1.7% this week, between the close last Friday and close today.