Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
So good to see the progress and all the efforts behind the scenes now starting to be realized for all to see!
2023 will be a good year, looking forward to it.
Thanks again to you and the team for your perseverance and for making the opportunity available for so many to join the journey.
Here's some stuff I am finding on Jon Paul CFO for the acquisition
He's a Hemp guy.... I know there's Hemp stuff in the works.
Pretty impressive background and experience
https://emergecanna.com/jon-paul/
Very good.
Merry Christmas! Looking forward to seeing this playout in the new year!
I agree, probably too early to set up a new board for the listing. Probably best to wait until details are solidified.
But I will say I have been looking into the bios and info on several of the names introduced for the board of directors. I will say I am quite impressed, will share some links and info I am finding soon.
Pretty encouraged by the progress and looking forward to a promising 2023 here.
Down 2.86% from previous close?? I see there was a whopper sale of $2,658 value to drop the price. Scary stuff.
I see that BIOT is trading for $10 a share. Seems like a pretty good value with what we know?
I don't really have funds free at the moment of course but will be watching it.
I am assuming the plan is for this to become the listing for Cow Capital- right?
Oh really...
Thanks for sharing.
That's great! Congrats to r1!
Glad to hear that things continue to move forward on many fronts.
Huh??
Fine... but the topic of discussion was Read's involvement. He was COO at the time of the agreement and soon after became CEO. So therefore, very much involved in both roles.
Whatever went wrong, I am sure that there is plenty of blame to be shared around, including the others that have also since departed from PCT.
The good news is there's new blood at PCT working to get things done.
Well... not exactly false information.
Gary was CEO at the time of agreement, correct.
Read was COO and soon after the HLB agreement was named CEO.
https://www.globenewswire.com/en/news-release/2018/11/08/1648650/0/en/PCT-LTD-Announces-Completion-of-Major-Commercialization-Milestones-and-Promotion-of-Jody-Read-to-CEO-Position.html
Looks like the timing between the PR's is about 6 weeks.
As to whether or not Read is responsible for the failure, I can't say for sure. But the timing lines up and it seems apparent that he would bear some responsibility for whatever happened.
I agree. I thought we would be much higher already after that. Stock barely moved and then suddenly jumps today. And looking back over the past 9 months it is hard to predict daily movement.
This stock makes no sense. When it should be going up... it doesn't. And when we think it has no reason to go up... it does.
yeah guess so! Looks like available shares are pretty thin.
Great time to add. I added some the last few days, wish I could do more. Maybe will be able to in January, dependent on other factors.
So what if the certificate did expire. Happens to all kinds of companies, large and small.
Doesn't make it criminal. The company statement is that
Again you have no proof of such claim.
The certificate was updated. That's fact. Do you know what the previous certificate was? Who the provider was?
I see no cause for alarm here.
But there was an update... the security certificate was updated Friday. It's right there, plain as day.
More falsehoods...
Not exactly. We are pretty confident that there is great value coming. We just don't know when they will get it done, or how it will play out. It will be worth the wait though IMO.
Geez... in the same PR
That PR specifically states that 21st Century Energy is wholly owned.
So sad this needs to be explained
10-Q from November says-
But they do... right there in that very same PR you referenced.
All documents I have seen still show it as wholly owned. The recent 10Q says wholly owned for 21st.
If anyone has anything otherwise then share it.
Whether intentional or not, some key facts are wrong/missing in this post. But nothing new there of course.
21st Century is a wholly owned subsidiary, not 43%. Do we need clarity on this? Yes... of course we do. But 21st is wholly owned.
And why would revenue decline due to bans on drilling? PCT's product is being used for recovering existing wells. If anything, a ban on drilling is favorable, as producers are looking to increase production from already existing wells.
Nice!! great opportunity to keep building. Hopefully other factors will line up for me to add more here too.
$PCTL PR Out - 600% increase in production
https://www.globenewswire.com/news-release/2022/12/14/2573818/0/en/PCTL-Subsidiary-21st-Century-Energy-Solutions-Announces-Customer-Update-Concerning-Remedial-Stimulation-Treatment.html
Another false narrative
Trying to follow the logic here....
So an allegation has been made that the SEC is investigating PCTL, and somehow the burden of proof lies with those who question the allegation?
And somehow it's considered "made up BS" to say there is no investigation? But the allegation itself is to be considered reliable?
Who's making up what? Where does the burden of proof lie in this scenario? With the one saying there is a "secret investigation"? Or with the one saying "there is no investigation"?
Although I suppose one could go into any stock forum and say the company is "under investigation", since the SEC is technically always watching. Kind of silly though to suggest that one can blindly throw out such claims with no burden of proof on what would be considered a serious claim.
In fact... I do believe the SEC is interested in and possibly might investigate characters who make serious unfounded claims with intent to provoke fear and spread misinformation. I am pretty sure actions have been taken to address such activity. So maybe SEC enforcement should be contacted after all?
What a tangled web of what if's, maybes, "prove it's", etc.
So back to the original question... is there any basis/merit/proof for the allegation being made that the SEC is investigating PCT? Seems to me like a claim being made with no basis or merit other than nebulous "could be true".
Why?? No reason for PCT to file an 8-K on this.
PCT wasn't being investigated. Looks like the shares were returned from a third party who was investigated.
https://casetext.com/case/sec-exch-commn-v-crown-bridge-partners-llc
It's just the way it is here... waiting for the company to deliver. Nothing new to say until they drop the filings and hopefully and update on dividend plans.
Many of us have been waiting for years, used to it. At least there are occasional signs of life and a plan in motion (despite many mis-steps/disappointments)... for a while it was complete silence.
PCTL is green...
Word must be getting out
A sophisticated investor would look at the whole picture... and look at the full history.
Selective facts while disregarding other facts... now that is not something a sophisticated investor would do.
The point is that the liabilities situation is not cause for sudden alarm. It's been there all along and hasn't been a death knell for the company, why all of the sudden the cause for alarm?
And why not recognize the improvement?
And again... I am not saying things are rosy... Just saying this should not be a blaring concern... that is my only point.
Playing the selective facts game again I see. I know it's fun to cherry pick facts to fit a narrative.
But the whole picture shows that PCT has improved their current liabilities situation.
Looking at the 9 month period for Jan-Sep
Current Liabilities-
2021 = 6,165,077
2022 = 4,225,253
A reduction of $1,939,824
And if you look back further, the assets vs. liabilities picture is actually the best it's been in several years for the company.
But yeah I know... these facts don't fit the narrative of doom and gloom.
I will agree with this... the company has many things to be concerned about. But they also have been making improvements and steps in the right direction.
Good to see the dividend plan is still in the works, despite all the frustrating delays.
Yeah I missed a zero. But interesting that a trade went through somehow
1,350 shares just traded for .002
Wonder what that's about? I am pretty sure that's the first trade we have seen this year?
Agreed- it has to be coming through some other action.