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I dont expect to see an great sales, I believe the bigger sales came through after the cut off date for the quarter etc
Even if the merger is off, hasnt the price already reflected that, just my .02
so the short version is that leon, ceo of hulogix wanted to create a higher series of share to screw the sharholders out of value and voting power so she couldnt be removed. the maj owner of the shares dumped her as ceo while he still could and reinstated JB. JB had released him of his lock up period prior to handing the torch over to leon (hulogix).
JB has other ideas and doesnt want to be mixed up with her anymore.
Thats what i got from the 30+ min video.
He seems as legit as they get to me
IGEX
PCTL has sales, lease agreements and is cheaper per share than it was prior to any of the mergers. This has already been run down to less than it was worth pre merger. I think hold, giving shares away at these prices seem pointless. Not letting shorters cover with my shares :)
Ill keep my money behind JB. I feel safer knowing he is back in, deal no deal empty shell etc... worth more to me now, those crazy hulogix tweets where just too immature. He took the risk telling us the truth, what more can we ask?
Is it possible that the tweet is meant to cause a dump from shareholders so they can be bought back? than fire leon because of a fraudulant tweet? i know most companies have a hold harmless clause that allows them to do whatever they want without personal liability etc. I cant imagine someone thought this to be a good idea.... shareholders would be showing up at every event, their offices, clinics, homes etc
For all we know this lady cant even use a cell phone, she may have been having a bad time of the moth and thinks she can just drop shareholders haha they will be in for a rude awakening with the lawsuits. Anyone think this is a ploy by them since it is just a twitter account? I mean she said that they have nothing to do with IGEX which would be true if they are changing the ticker?
She was a horrible ceo. I wouldnt let her run a blind animals twitter account. JB on the other hand did us well, and id rather have him in control of igex. I think he will sue for the patents, it will take a while and cost hulogix alot to defend so i see them just dumping her and settling on a portion with jb
He was right! not at or above .0174 at 1pm and thus did not close above .02
Two short-term markers I'm looking for now to pretty well assure that break to 2's this afternoon.
Close at .0176 or above at 11am
Close at .0174 or above at 1pm
That's it for today. Let's see how she rolls.
Ive had mine since 2016, sold when it was higher than bought back in @.0011 im not sure what the point in selling at these levels is. The old IGEX is not the same dead stock ts been for years, hulogix stands a good chance at moving up and they are just starting out
Wasnt the outstanding share count in the 170mil range a month ago? If so that would mean 70 mill diluted
I think they may be obeying a "quiet period" I dont remember the date the sec doc was submitted but if it was for a substantial change they may be unable to release/announce anything. just a thought
The good news is that the price that was previously inflated based on merger news, has already tanked and we are actually lower than pre merger talk. At prices like these its a no brainer even with no news and no new sales
This one deal is not the entire company. Its one portion of the company from what I can see. There are other pipelines in play here and i think it will reveal itself shortly. Those basing the companies worth on a deal that was offered arnt considering that maybe the deal hasnt been closed due to the new and CURRENT value. We may have more sales/orders that raise its value far beyond the current price. If ontario offered based on sales ytd in may.. and we have seen more sales since the offer est. @ .04 that means the true value is much higher
Maybe this is the connection?
PCT LTD Installs a Large Volume Hydrolyte® System with Option Agreement for 4 additional LVH Systems with Oil & Gas Industry Customer
LITTLE RIVER, SC, February 25, 2019
PCT LTD (OTC Pink: PCTL), through its operating subsidiary, Paradigm Convergence Technologies Corporation (PCT Corp), a leader in environmentally safe, non-toxic, antimicrobial solutions announced today it has sold and is currently installing a large volume C-104 Hydrolyte® Systems to an existing customer, H2S Safe Treat, Inc. of Ada, OK (H2S). H2S requested and has agreed to an option to purchase four more C-104 Systems at the agreed pricing schedule on or before September 15, 2019. H2S currently operates a lower volume C-102 system purchased in July 2018 for the generation of fluids used in its proprietary treatment process, which removes environmentally and commercially harmful Hydrogen Sulfide (H2S) from crude oil and natural gas. H2S is expanding the beta field-testing of its proven treatment and decontamination processes as it moves toward commercial scale operations.
I recall reading an article that talked about issues with bacteria during mining, as well as a solution to "clean bacteria out of oil". Mining is mining, whether it be for oil, gas, gold, diamonds bacteria is still disturbed i would think.
"PCT Corp's initial primary markets are Hospitals & Healthcare, Agriculture and the Oil & Gas Extraction Industry."
taken from their company profile. I believe there are more uses for the technology than are being accounted for
Not 3 employees, 7 as of 9/3/19
Check the info on otc markets... its updated as of yesterday
looks like that counter was a promo scam :(
Looks like a pump and dump but no actual pump
any chance the company is purposely going dark with the paperwork to bring the price down? maybe they know what its worth and want to own more for themselves?
We should have had some form of an update, this is a bit too long
I think this has been kept low purposely so oantario can gather up its remaining shares to hit their required 51% at a much lower cost. the deal with them could have already closed and they dont want the spike in price until ontario has their 51%
what bout sales or new avenues for distribution? 2 months alot can change as far as sales/value.. forget the tips award lol
Is there any chance that ontario needs to purchase shares at market to gain whats left of the 51% and doesnt want anything dropped until they have got their shares?
I read a few twitter postd when it first started to rise that people where still short 2 million shares, i think a few of them finally covered in fear of news dropping
i thought the deal seemed like a deal for ontario. Breaking down the deal i think it actually works in our favor short term.. but in the long run, 6 months wouldnt be in our favor if this gets as big as i think this is going to revenue wise
Agreed but do the math, they where getting 51% of the shares.. locked or not. Even if they diluted as they needed, the profit is there to cover the machine outlay and the revenue would carry most of the weight. The way i see it is they where buying up half the company for a few million and would gain control.. I like they way things are going and would hold for a year if need be but i think this could hit .50 on revs without the deal before the end of the year
Is it wrong to not want the merger to go through? If it doesnt it will tank for a little bit, but the sales and company are nearing profitability and own 100% Once that happens this is worth ALOT more than what the offer on the table was. just my .02
Or the opposite is true. We actually dont need the merger anymore, because we got some big sales, or they are on the horizon. Letting someone buy 51% of a company that is broke is ok, but once sales are actually coming in why would we want to sell? so a few temporary stockholder can take their money and run?
Agreed the price would drop... BUT the company would prob be forced to dilute to buy the machines we are leasing out. They would be pumping
Personally I hope we dont merge, Id rather wait for this to be profitable
i though it said 15th cal day after submission on 8/15 would be the 30th
looks like smart shorters are covering their positions.
Their "TECH" is single units that need to be installed in every room hahaha
ours is mobile, not even a close comparable.
Maybe they purposely waited for the 19th deadline to pass so it was not longer binding and we could open the floor to all offers. The innovation award may have stirred up other better offers but we were unable to entertain/ sign a new LOI for such offers until after the deadline?
has anyone found any info/financials for ontario? Any reason to believe they have the funds to close this deal?
Well one thing changed... the poster got some cheap shares.
DUDE! get the pizza!!!
Dont they have 15 days from the 15th to file?
Maybe the deal took longer than expected and they wanted to have it included so they held it back.
Maybe it fell through... either way this is worth more than its market cap just from the revenue/deals that are already on the table
"Unfortunately cant comment on the loi"
Read between the lines i think we are in great shape here.
He could have said fortunately he cant comment
the deal seems like it was outlined regarding the AS in the link above no?
323 mill traded but the shares outstanding are 279 mill
so everyone's flipping more than once or is it being diluted that much?
Especially from a screen name like gatsby
Should have news by friday?