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Joint Ventures---why would PCTL even consider this? Better yet...for
the naysayers, why would any company agree to a JV with PCTL? If you don't think PCTL is changing the way they do business take off the blinders.
1. Maverick is an oil company not an HOCL company. Why would they join a JV with PCTL...well the primary reason any company signs a JV.
There are three main reasons why companies form joint ventures:
A. Leverage Resources
A joint venture can take advantage of the combined resources of both companies to achieve the goal of the venture. One company might have a well-established manufacturing process, while the other company might have superior distribution channels
B. Combined Expertise
Two companies or parties forming a joint venture might each have unique backgrounds, skillsets, and expertise. When combined through a JV, each company can benefit from the other's expertise and talent within their company.
---Wow...this sounds familiar to the PR:
"For the purpose of testing and monetizing proprietary and patentable technology in the area of enhanced oil recovery. The JV will be known as Disruptive Oil & Gas Technologies Corp."
C. Cost Savings
By using economies of scale, both companies in the JV can leverage their production at a lower per-unit cost than they would separately. This is particularly appropriate with technology advances that are costly to implement. Other cost savings as a result of a JV can include sharing advertising or labor costs
--Cheaper for PCTL and Maverick means more profits!
2. PROTECT X--Why would they even consider joining PCTL or why would PCTL join them?
One important advantage of joint venturing is that it permits a firm with limited resources to enter more foreign markets than might be possible under policy of forming wholly owned subsidiaries.
PCT LTD (OTC:PINK “PCTL”) announces its recent agreement to form a joint venture with ProtectX International (“PXI”) for the joint and mutually beneficial market development and sales of PCTL’s Annihilyzer® Infection Control Systems, Hydrolyte® disinfectant and the surfactant cleaner known as PCT Catholyte, which will be re-branded by ProtectX under the “PureGen” nomenclature.
ProtectX has fully engaged in developing marketing and business development assets, such as sales personnel training, website development and other valuable tools to move the commercialization efforts forward quickly and effectively in the United States, Canada and Mexico.
Average brain suggests these agreements are financially beneficial and productive for all involved. I haven't even mentioned the third joint venture they have.
On top of that I'd expect another GLOBAL JOINT VENTURE for dealing in the UK.
A right local partner for a joint venture can have a major impact on a firms competitiveness because such a partner can serve as a cultural bridge between the manufacturer and the market.
PCTL is changing the way they do business. Smartly! The company isn't going anywhere with multiple arms in JVs except up! Revenues will start to flow in! I'd expect at a faster rate than we've ever seen!
Symbiotic relationships are good for both members...soon we all will reap the rewards. These JVs are another reason I added another 1/2 million shares to my already 10 million total!
Exactly! This is not going to be a one sided affair. Multi faceted in oil and gas as well as hospitals and schools such as the UK deal which is still very real! On to agriculture as well.
Another 1/2 mil shares on the cheap below .16! Thanks flippers! Holding this 1/2 mil as tight as my other multi million shares!
No and absolutely not even close to being needed. Less than 750 mil shares outstanding. Get some revenues and credibility going and you won't be able to find cheap shares anymore!
I'd be willing to put money on a stock buy back before a reverse split. No I don't mean soon either. However, when oil revenues propel PCTL into the future I can see the buyback!
PR is a teaser into the future! Can only imagine the thought of tossing this out on Friday to wait for a better market day for the full MONTY!
For those not familiar with joint ventures...here's some education and how the DD by Evan and others on this page line up to be profitable. Sound about right? PCTL has the expertise on fluids and MAVERICK has the expertise on Oil? JV good for both parties!!!
https://www.investopedia.com/terms/j/jointventure.asp
If your scenario was correct then PCTL would be buying its own fluids with shares. LUDICROUS and a reach!
"PCTL will be selling their fluids to the JV which will be independently funded through a Reg D offering. "
"JV which will be independently funded through a Reg D offering."
JV is funded by private investors via the REG D.
PCTL SHARES ARE NOT ATTACHED TO THE JV!
PCTL makes fluids and sells them to the JV.
"In a joint venture (JV), each of the participants is responsible for profits, losses, and costs associated with it. However, the venture is its own entity, separate from the participants' other business interests."
NOT TIED TO PCTL SHARES! You stand corrected...AGAIN!
Read on about how this JV is going to be beneficial to all parties. Including shareholders!
https://www.investopedia.com/terms/j/jointventure.asp
AGAIN WRONG!
"PCTL will be selling their fluids to the JV which will be independently funded through a Reg D offering."
This keeps all funding into the joint venture which PCTL reaps revenues from but share structure is not attached to. The FUD in the latest post is completely off base!
And you are wrong...
Requirements of SEC Regulation D
Even if the Reg D transaction involves just one or two investors, the company or entrepreneur must still provide the proper framework and disclosure documentation. A document known as Form D must be filed electronically with the SEC after the first securities are sold.
The warm fuzzy is knowing that shares of PCTL will not be diluted via raising capital that so many on here call TOXIC! Big money could be coming in. I'm not saying it is...but if O&G really is as big as it could be this is great news. Why go thru the trouble of setting up JVs if it's not advantageous to the bottom line. You could have easily sold another 250,000,000 shares into the float!
Joint ventures funded by private capital and private investors. Potential is large for some big money to come in funded thru the JV which means zero dilution of PCTL shares. No need to sell shares into the market with private funding. More in this PR then many first see!
Reg D offerings are advantageous to private companies or entrepreneurs that meet the requirements because funding can be obtained faster and at a lower cost than with a public offering. It is usually used by smaller companies.
Well since it's 25 mins from my house I'm considering paying them a visit as a vested shareholder!
Uhm yea I know where it's at. I was asking if anyone has been there
Owings Mills on the financials or Lombardi St on univec website
Anyone been to the office?
That's what many thought when it ran fro .30 to $4.90 as well! How did that work out for them?!?
New COO. Menkas replacement! International expansion resume looks awesome! Let's go!
https://www.sec.gov/Archives/edgar/data/1576873/000149315221017892/0001493152-21-017892-index.htm
We are close! Straight from their website and shell permit submitted Friday!
June 30: City of Fernley approved final grading permit. To prevent mobilizing, demobilizing, and remobilizing due to the timing of permit reviews, ABTC will begin site grading and building construction after the core/shell building permit is approved by the City of Fernley.
I'll be honest...I'm in for 400K shares. Want the best for everyone but seriously? What company Doesn't send out a single PR or letter to shareholders for this long if they are really legit making moves? No company communicates only on cryptic tweets if they truly want to build a solid core of investors. The float is so low that if Doc really wanted to move this stock a PR would do wonders. Makes you wonder if he doesn't do it to avoid pumping something that's not there!
To not even PR the fact that you have submitted financials for the first time in 11 years is interesting. C'mon Doc!
How timely...this apparently was submitted Friday. Again...I'd expect to hear more today! Folks we about to blow up!
https://ci-fernley-nv.smartgovcommunity.com/PermittingPublic/PermitDetailPublic/Index/4d70001e-7cbb-4bd1-a70b-ad6e015f45b9
I'll start with saying Doug Cole is a joke CEO but a necessary evil at this point. Ryan can't take over just yet and needed him to provide what he did and is providing. With that being said...his time is limited and I believe Ryan will be taking over.
Doug Cole has brought in investors but he has also gotten way to far out in front of himself. Notice he's been reigned in! I believe the whole board was told to take a step back and zip it regarding building. The one really pulling the shots wanted to wait until all permits are in place so construction could start and continue uninterrupted. I think you will see updates today!
Also...anyone notice the clean up happening at the USA Parkway property?!?
Patience folks!
Again...I'll take this team and share structure ANYDAY of the week!
https://americanbatterytechnology.com/meet-the-team-behind-abtcs-nevada-pilot-plant/
Did you really think it would pop to $4.90 when it did? Pretty happy with where the price is without a building. My bet is you will get updates this week on the permits!!!
Looks like an amazing share structure for a company that has an application in for the NASDAQ and the technology of Melsert behind it. I'll take that kind of share structure and team behind it on the OTC ANYDAY! ABML will go to $20+...give it time!
Maybe he's about to have another grandchild?! At this point everything is speculation. Sooner or later investors deserve more than a keyboard enthusiast on Twitter!
Top Notch in providing cryptic tweets lol. When will he actually provide actual company news? Until then it's a speculative joke! And I have 1/2 million shares.
Long term employees and friends throwing their CEO under the bus while they stab him in the back! Hmmm...wonder if they wanted to take over thinking he was having sickness issues?!? They are gone and in the past! Spinning it to make them look good...what a joke! Tea leaves are easy to read!
When's the STOP sign come down? Are they not current now?
Pretty sure they were just upset they had to give up the passwords to Twitter so news could actually start flowing. Took their football and went home! Deuces! Don't let the door hit ya on the way out Marion and Bill!
New password:
PCLTREADYTOLAUNCH!$!
Now she's gone...deuces! Time to move on and get the PRs flowing and correct!
Wonder why saying the clearing of warrants is bad and that the resignation of officers who have been proven to make mistakes is a bad thing?!?
Wow...if someone hated PCTL that much wouldn't they just move on? Oh...maybe it's just a "Good Samaritan" thing...DOUBT IT!
PCTL changing course regardless! Bright future ahead for all PCTL shareholders!
Agreed! No warrants is YUUUGE! New deals are going to move the needle more than anything in the past! Let's go PCTL!
Answer that for us? One here seems to know more than the rest of us for the past year!!!
Bottom line...PCTL on the mend!
Bad news for leaks! Great news for those who want them fixed! Warrants gone! Signatures done to release them...wonder why they didn't get done before? Maybe that's why two people, to put it nicely, RESIGNED! Agendas matter folks! Read between the lines!!!
PRs were mistake ridden...financials were always late...Q1 financials late when transition to new system (who started that process?). Good thing new CFO finished the process! Looks like i's are being dotted and T's are finally being crossed the right way!
All this while CEO was fighting health concerns. Hmmmmm....
Gary is responsible for the company...not taking the onus off of him. However, he's fixing the problems he created! PCTL will not be held down by alternative AGENDAS any longer!
Broken record!!! "Resign" was a nice way of putting it! Out with the old in with the new. PCTL moving on without two officers who failed to keep the best interest of the company and shareholders in the forefront. Anyone is replaceable! Good riddance! Hopefully a wake up call for GG as well. He's finally taking advice and putting wheels in motion. Brighter days ahead for PCTL shareholders!
MORE LIKE...WALK THE PLANK!!!
LMAO!
WRONG! And WRONG AGAIN! Wait I'll say it again...WRONG!
Registrant has confirmed ALL NOTES have been settled and warrants associated with such notes have been cancelled!!!
BOOM...POOL WATER TEMP RISING TO DOUBLE DIGITS!
Spells as well as Marions PRs!