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You should not invest your rent and grocery money in the OTC. That's the real reason your pissed.
If you have never started a company from the ground up, you have no idea what is involved. Nothing is perfect, I am sure with Corona, people that need to have key meetings are not able to attend. Documents need to be signed, lawyers need to review in order to protect us from a lawsuit etc. What is happening to the stock price now is not because of PCTL. We must be the only game in town for the flippers, that is who you need to be pissed at. I am long and will stay that way, I know what is going to happen, it just takes time.
I have personally talked to CEO Gary. He is the reason that I am going long. He has so much planned for PCT. Hang in there, all is good.
I wonder how much the floor traders influence the market. I know most trading is done by AI
Just on CNN the stock market floor will be closed as of Monday. Only trading will be on line.
PCTL CLOSES GREEN $$$$$$$$$$$$$$$$$$$$$$$$$$
It takes balls of steel to go through a day like today. Congrats to all the PCTL LONGS $$$$$$$$$$$$$$
We will be rewarded!
I believe that as soon as oil prices recover, and they will, PCTL will step up treating for bacteria and hydrogen sulfide. And after this Corona virus is under control, people will be more aware of how clean everything they buy is. Vegetables, fruit etc. I think you could build a business out of just sterilizing grocery carts. Imagine an Annihilyzer at every major grocery store. The sky's the limit for PCTL$$$$$$$$$
Right on time
I agree Budmann33, E Trade fund transfer immediately ready for buying.
No problems picking up more of PCTL.
I meant that the design of the tool that I built is simple. Getting the HCI where we need it should not be difficult.
That's what I will be meeting with Gary about. How exactly are they getting the solution in to the stream. There are several ways to kill the bacteria in your fluids. During a frac, you can treat the frac tanks or pump it on the fly with your frac gel. That's for completions. On the production side, you can inject the solution down the casing with a chemical pump, remember the well has pressure so we overcome that with a high pressure chemical pump. This should protect the pipe. You can also use a coalescent vessel, the volume and rate of gas flow will determine the size of the vessel. All this needs to be tested and worked out. I will know more once I meet with Gary. Have a good weekend, can't wait for Monday PCTL$ $$$$$$$$$$$$$$
Hello Emit, the tool is small and is installed on the flow line of the well head. It's so simple, the advantage of my tool is that the pumper can drive by in his truck and see it working. It will take a while to get things worked out, most oil companies have master service contracts, so we need a track record to get on the vendors list for procurement.
Hello Arttie, just wondering if FELP has fallen off the earth. What are your thoughts, do I take my loses, which are huge, or do I hold for a while and see what happens?
To answer your question, I do not believe that one company could ever monopolize any part of the oilfield services. Many have tried, Weatherford and GE to name a few, and failed at it severely. Just trying to hire enough people to service the Annihilyzer on the well sites would be a tremendous task in its self. There are just to many wells. The Eagle Ford Shale field, here where I live, is 50 miles wide and 400 miles long. It would be impossible to take care of that many wells. To get a good grasp on what I am saying, go to Google Earth and type in Karnes City Texas. You will see the western part of the oil field. As you zoom in you will see white squares and roads. Those are the oil well location. Some locations have up to 6 wells each. Also look at west Texas around Midland and over to New Mexico. It will blow your mind as to the number of wells in these two fields. We are not even talking about the Balkan in North Dakota. If we can get just a piece of the business, it will mean big profits.
We discussed using a tool that I invented that takes produced fluid and mixes it with the corrosion inhibitor and sends it down the annulus of the pumping well.
There was a company that tried to use pellets to treat H2S and sweeten the gas. They used a coalescence unit. The problem was that the pumper who is the fellow in charge of the daily maintenance of the well, would let the unit run out of pellets and the pipeline would shut in the well. Basically rejecting the gas for to high of a hydrogen sulfide level.
Your very welcomed. I was so impressed with Gary today. He was going a hundred miles an hour and I could hear the phones ringing in the back ground non stop. WOW, We really have something here, something big!
To answer the question Emit, yes there are companies already treating for corrosion, Halliburton, Baker Chemical and Nalco to name a few. Every company has their own secret formula, but its basically the same chemical.
Yes, you are correct. There are several phases to completing an oil or gas well. First you drill, then you run casing, Frac is next, this is where PCTL will first come into the equation. Treating frac water for bacteria. Anaerobic bacteria, If you get that down hole it will destroy your casing. Then we come to the production phase, this will be long term for PCTL, treating the produced gas and protecting the pipelines and down hole tubular s. This last phase may last 15 years. Big potential.
Hello Emit, the gas with the H2s is pipe lined through a coalescent unit where the gas comes into contact with the solution. We discussed treating producing wells down the annulus and up the tubing. Big potential if we can get in with the right oil companies.
Meeting with Mr. Grieco today. I am a petroleum consultant here in Texas. Mr. Grieco and I discussed the possibilities of treating Hydrogen Sulfide here in the Eagle Ford Shale. If the Corona Virus was to be wiped off the face of the earth tomorrow, PCTL would still be going strong in the oil and gas industry. Mr. Grieco is a man of integrity and has our well being (we investors) at the top of his priority. It is so exciting to be in on the ground floor with a company that will become a giant in it's field.
Hold your shares, the best is yet to come.
Is anyone out there, am I the lone survivor?
Locked up my shares for 60 days.
Gentlemen, it has been fun. But I must sell and move on to better things. I have been here on the sidelines, and see that this is a dead horse. I will take my profits and invest in a stock where the shareholders are at least informed once a month. Thank you for all the education and information. Good luck to everyone, may SBES treat you well.
Trust No One!
I'm glad I bought in. Great day for BABYF$$$$$$$$
I am new to the board and trading penny stocks. But I have been following this board for about a month now, and I too own SBES. Looking from the outside in, I see that the negative people here seem to work in two's and what I don't understand is if they despise this stock so much why do they keep coming back. I don't understand why they so worried about our well being. It seems they are so concerned about our financial status, that they come here day after day to warn us about what a bad choice we have made. I wish they would divert their efforts to stocks they actually own. I'm in and will stick it out until the end. Good luck to all $SBES$.