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Where is the confirmation recorded that the 3 month test is completed?
In your opinion do you feel GG benefits personally in any way from making the types of deals we see with a huge number of shares attached?
Thanks
Waiting to buy this after 5-15 will save you 20/30%.
And it's all 100% legal!
GG must be getting something in return for these sweet deals he's making.
Maybe there's more than just room and board at the paradise resort .
Amen!
I say upper .02’s.
.03 is still gonna be a tough hurdle even with GG out of the drivers seat.
For whatever reason this is going to stay sub.03 for awhile.
BTW . What do you think?
My point is the Company is legit in the eyes of the SEC.
If you read all the fine print in the boiler plate disclaimers attached to OTC securities you will find there is very little one can be held accountable for.
Gary has a big mouth and is ignorant as to the proper way to conduct himself as a CEO.
Neither of which qualities are in any way punishable.
There’s a huge difference between a legitimate business and operating said business legitimately.
If all criteria is met on paper then the SEC really goes no further unless there are an abundance of red flags and complaints from shareholders.
ALOT can fall through the cracks .
So every time somebody pipes up and calls this a scam it’s really not true.
What I see is an individual who knows the system and makes a concerted effort to use that knowledge to his advantage.
JMO
This isn’t a scam.
I do feel that GG is an unscrupulous CEO and that contributes to the poor performance of the SP and mistrust from investors and potential investors.
JMO
Gary has deceived investors.
Whether it be his incompetence or just outright deceit it doesn't really matter.
He has misled through either one or the other or both.
JMO
Valid points.
Very little substantiation of any of these items.
Millions of bottles mean NOTHING unless there is a substantial amount of revenue generated for PCT Ltd.
I wouldn't be surprised if the revenue garnered from this is virtually nothing.
Maybe a penny a bottle.
No buying interest until Co. updates.
And hopefully then there won’t be selling interest!!
The Company really needs to step up and start updating shareholders on what’s going on.
Good, bad or indifferent there needs to be transparency and truth in where we currently stand with :
U.K.
Oil and Gas
Equipment placement
2021 Revenue
I suspect the above mentioned are not happening in a positive way but at least knowing would instill some confidence.
With sales and marketing 2020 could have easily been a $4M year.
JMO
Are you suggesting he's out of business?
He’s a quick learner!
He’s already mastered GG’s fine art of carrot dangling.
Gary sat him down at the beach side resort in Cabo and schooled him on the craft that’s carried him so far along.
“Son, it’s time you learned this”!!!!
RB will be selling soon enough. Unfortunately this won’t get a chance to increase much before that starts again.
I also feel that large retail holders will be selling off some of their holdings if this does start to move North.
The gig is up. It’s pretty well known what route this will be taking in the coming months and “longs” have a much clearer picture now.
RB shares attached to the loan money will be an albatross for quite awhile.
Even if GG left today not sure how quickly this would recover to “normal” trading.
Yep!
Yes. Look what the share price did IMMEDIATELY after the meetings.
" I give you my word"
That instills a huge amount of confidence for me......
This bit about "chasing" is too funny!
Really!
Investors will be beating down the doors to get shares....
NOT!
GG removed as CEO= .05 share price within 2 months.
Transparency and honesty from new CEO = .10 by years end
GG is burying this!!!
It's all GREAT!!! They do have a wonderful product with a legitimate demand.
As long as GG is in charge making deals that allow lenders to flood the market with shares this will NEVER be able to move North.
It's a totally counterproductive way of increasing shareholder value.
Money is loaned, shares are issued, issued shares flood the market and keep the price grossly depressed.
The loan still needs repayment and the funding doesn't appear to be sending equipment out the door at a reasonable pace.
If things were happening in a positive manner with the loaned money we should have seen substantially more revenue in Q4.
The ONLY thing I see happening is BR is making a killing on lending PCT Ltd money and the shareholders are taking it in the ass.
GG in my opinion is benefiting in some way from the lending.
Maybe it's just the pictures he gets taken of himself with BR and the pretty girl that's enough to keep his simple self content.
My guess is there's more than that.
Anybody with an average above .025 has 2 options.
- Hold and hope for a penny pump from an outside group and sell.
- Throw more money at it and average down until you can afford to get out.
Sorry. There is a third......
Wait for GG to be removed from the CEO position. There are several ways that could happen. Use your imagination.
The last sentence is the most critical.
Gary needs to accept a different position within the Company or we will all continue to either hold our positions at somewhat current pricing or flip this between the mid teens and low .02's forever.
JMO
Great post!
Common denominator that limits a lot of the positive points you bring up ...........Gary Greco.
Status quo until he's out of the CEO position.
JMO
Word of Gary's resignation could have this at a nickel in a week!
This is no different than pushing the repeat the bet button on the slot machine, or throwing the dice.
What can you afford to lose?....
My contention all along.
Enough money is spent and enough things are done in a legal manner to give the impression of a totally legit operation.( Which for all intents and purposes it probably is.)
Throw buffoon Gary into the mix and now it's a different animal.
One wonders how long somebody can go on screwing people out of their hard earned money and suffer no recourse either from a business standpoint or a personal one?
I' wonder if it's getting harder for Gary to sleep at night or if he's too dense to even think of possible consequences.
JMO
Does it really matter ?
Share price appreciation has done nothing.
I’m not certain having 1-2 B shares would be any worse than we’ve seen in the last 6-9 months.
Where's all the BR Tweeting since the dismal 36% shortfall in rev's was revealed?
Hmmmmm.
RB technically is not management.
But we all know it's not GG calling the shots!
I'm surprised there isn't talk already about individuals showing up at PCT Ltd and demanding to speak with GG!!!!
Maybe there's not enough red yet in the accounts of the big holders to prompt that type of move.
Give it some time. When this falls under a penny it will start to hurt quite a bit.
Incompetence is the key here.
GG doesn't have the business acumen to run a successful operation.
I don't like to associate physical characteristics with ability and knowledge but many times they speak for themselves.
In all seriousness, when you look at GG are the first things that come to mind:
- Business savy?
-Leadership?
-Sound decision making?
- Couth
- Discretion when called for?
I'm sure Ill be chastised for the post but it's my opinion.
I fully agree.
Demand simply dropped off.
Many here assumed that with Covid and us providing a product used to combat it there would be a HUGE ongoing demand.
Most all here based that demand on the projections of a misguided and somewhat ignorant CEO who raved about the Co. and the many prospects coming down the pike.
Possible factors:
- Competition from many Companies who had already been producing and selling HOCL.
-Lack of placement of equipment because the Co. never really had sufficient funds to manufacture it.
-Lack of competent sales staff and marketing to promote product and idea.
-Lack of qualified leadership to appoint people in positions that need to be filled in order to create and sustain growth.
The REAL meat and potatoes was supposed to come from the lucrative equipment leasing that employed the RFI technology.
If you can afford to market, sell, build and install there's nothing left but selling a fluid that's been in existence for over 125 years and is readily available from a hundred other providers.
There's many more but I think most get the picture.
Don't ever underestimate Gary's ability to be completely wrong.
He shows no qualities of being a competent CEO.
Since there was no specific dollar value given by Gary the babbling buffoon the actual Q1 number might not hit so hard.
$2.5 M could possibly be an "expected" number with his $10M projection but anyone being honest with themselves knows it's most likely going to come in at no more than $1M.
I got the impression he was looking for stronger revenue mid to end of 2021
Come on!
Now you’re dangling the carrot!!!!
Carrot dangling!
Wake up people, O+G are going nowhere.
I feel many deep down know that but are too far in this to accept it.
Gary is a joke in the role of CEO.
Only by the unfortunate strike of the pandemic is this Co. even in business.
Anyone who believes GG is a competent, successful CEO is a fool.
He’s a bumbling buffoon who needs to relinquish the reigns to a competent leader.