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Well it did turn up some interest with some buying. But not sure it will last. Putting the dividend conversation aside for a moment, the value is pretty good at these prices regardless.
Well we have only a few days before the 27th, the record date. So either we hear something quickly or it becomes yet another failed attempt. Wonder what they come up with next. I still expect them to keep trying though, despite the frustration.
PR is nice and all... but they need to update on the dividend plans.
It is interesting though that they published this PR to the newswire, that's the first time they have done that in a very long time. The few recent news releases we got were to OTC only. Not sure if that means anything, just an observation.
I will be asking Zhang to clarify about dividend, I am sure others will too.
I disagree. If they were committed to doing nothing then why would they keep trying? They were silent for years and could have easily stayed silent. Instead they started communicating and taking steps to pay a dividend. Sure mistakes have been made, but they are working towards something here.
Can someone point me towards some verifiable facts to support this supposed "paid shill" narrative? I spend a lot of time researching the facts and have yet to find anything that lines up with this. Seems like yet another false narrative with no basis in facts.
If there are no facts, perhaps I could get a description of what might make one appear to be a paid shill? Is anyone who posts in support of the company a suspect? Seems kind of crazy to accuse all longs of being paid shills, so I wonder how one would differentiate between a long shareholder who shares information and a "paid shill", if they do in fact exist at all?
Nope... not done. And not a scam. Lots of verifiable facts here.
In fact things might be about to get very interesting. Record date is in a few days, either we hear soon more details or we get an updated plan from the company.
Clearly they are committed to a resolution here. And still time to join in for those who are watching.
False... and clueless statement with no understanding of the facts. Probably didn't even check into the unique details here. Cute schtick though.
I agree... do your own DD and look at the facts.
Here you are suggesting a product that has no certifications and is lower ppm and trying to pass it off as equal.
According to Briotech's website, the concentration is .018% HOCl on the product you linked that is selling at $15 per gallon. That equates to 180 ppm
Hydrolyte is .05% or 500 ppm
Briotech's Hospital grade product (500ppm) sells for $33 gallon, which I will acknowledge is slightly less than PCT's price but in similar range.
Hospitals are not going to buy cheap, lower PPM, uncertified HOCl.
PCT's offering to hospitals is the benefit of on-site generation, and the ability to produce large volumes of fluids at much lower cost, with reliable efficacy. From the feedback I have seen from professionals on LinkedIn, seems to be something they want and like. And the example of NY Presbyterian using 41,000 gallons annually seems to be a good reason to produce on site.
Good news though is whatever the case they are not giving up and disappearing. Will need to see what they come up with of course.
Likely they have come up with a new plan for us to wait for. I hope to be wrong because I really need a boost.
Yeah when you consider the cost, I am guessing that's a pretty major factor, and one reason why hospitals using PCT generators are happy.
Yeah... yet again we are left wondering what they will say next? Maybe nothing at all?
Seems that the guarded and skeptical approach is best until we get something real in place.
I guess I shouldn't have shared the Monday update and got everyone's hopes up. But the 27th is just a few days away now.
Made up rumor/speculation with no facts...
Team is in Murray,OK. Left-2nd well using Super-catholyte only. Right-3rd well using Super Catholyte with nano-bubbles.
— 21st Century-Energy (@21stEnergy) January 10, 2023
The 1st well using Super Catholyte only produced 600% increase in production. Can adding nano-bubbles do better?https://t.co/A7q8uhnrub#Oklahoma #oilandgas pic.twitter.com/PkNh2UKfgx
That's not what I said... but nice job spinning the narrative and selecting words.
I was just providing the same speculative "what if" scenario in the opposite direction.
And I also was suggesting in that "what if" scenario something more substantial, such as something in subsequent events that would point to legitimate ramp up occurring, I am well aware of past statements of future projections that did not materialize. I was not suggesting that at all.
Those are all speculative "what if" scenarios.
That being said, I would say yes, less than $15K for O&G might be considered a disappointment. But even if that were true, if there was indication of significant ramp up occurring, that might be considered meaningful. But that is also a speculative "what if" scenario.
So we are back to the original statement, we need to wait for more details from the company, to come in the filings.
Sounds like you agree... we need to see the filing. Even if our expectations are different. Until then, all statements are speculative whether positive or negative.
A few points of clarification
Same here, I am taking the same stance. Waiting mode for self preservation. But could really use something good for once.
In the past they have said nothing at all when FINRA didn't approve. We just have had to wait to see what comes next. So it seems promising that they have something to say? Or maybe I am just grasping at a glimmer of false hope...
FWIW I just got a response -
I asked- Can you provide any updates on the dividend situation?
HR Zhang answered-
Yeah that’s probably the best approach.
I have been wondering the same... hopefully something is in the works to bring value to ITUP shareholders soon??
My only point in all of this was to confirm that Chesapeake Group's relationship with PCTL remains intact, since some suggestions have made that it had changed.
As for why the change in presentation of information, not sure? But the phone number on the PR's goes to Chesapeake... not PCTL. The name on the PR's is the CEO of Chesapeake.
I don't find it odd, Tim Rieu is Chesapeake's CEO, has been for a long time.
The phone number on the PR's is Chesapeake Group NOT PCTL's.
Seems like a whole lot of fuss over nothing.
I emailed the contact email on the website - INFO@CHESAPEAKEGP.COM
I asked a simple question- "Are you still serving as Investor Relations for PCTL?"
They replied and confirmed that they do work with PCTL. Simple as that.
I just got confirmation from Chesapeake directly that they do indeed still work with PCTL.
Wish we could get an update.
Well… I don’t put a whole lot of veracity on those comments. I have seen no other sources make such claims. I would prefer to see more reliable verification than what we have thus far. Chesapeake/Tim Rieu is a pretty reliable firm, I find it unlikely that they would continue to have their name used in PRs if they are not indeed involved.
FYI Tim Rieu IS Chesapeake. He's the CEO and has been all along, this is not a change or anything new.
Also incorrect... PCTL is a non-accelerated filer, therefore deadline is March 31.
Incorrect... 10K is not due until end of March.
The stock is seriously undervalued. It has been for a long time of course. But as awareness grows it should continue higher. And any updates we get on debt being resolved, the new DLA contract, etc. will provide even more fuel for increase.
Might we break $2 today?
Hopefully they PR the DLA contract soon.
Looks like Lazarus is setting up a new website. Not really much there... yet.
https://www.lazarusenergyholdings.com/ (notice the 2023 copyright date)
Place holder page for Alternative Fuels - https://www.lazarusenergyholdings.com/leaf
The old website was www.lazarusenergy.com, which now redirects to https://lazarusenergyempowerment.com/ with the same old content.
Also Blue Dolphin has changed the landing page - https://www.blue-dolphin-energy.com/
Rest of BD website is unchanged.
Could be nothing, or sign of more to come?
These numbers represent only lease revenue and only existing leases.
2021 lease revenue = $894K full year.
2022 lease revenue = $744K through 9m should end up close to $1M.
I am pretty sure this was addressed in a podcast at some point after a related question was raised. My understanding is that parts are repurposed and reconfigured into the upgraded machines with very little loss.
And as for the increase- if all the contracts are renewed at the new rate of 25% increased, that would result in $225k additional lease revenue based on 2021 full year lease numbers. That of course does not include any new placements, which we already know have occurred.
So many good updates. I don't know how anyone can look at PCT and not see that they have turned the corner and should expect a good year in 2023. This based not on future hope and promises but actual activity and movement of machines.
The one difference between the past statements being referenced and the current situation is future projection vs current actual activity.
In the past statements were made suggesting what might/happen or was expected to happen.
What we have seen in recent months is quite different. These are not projections but rather updates on current activity that has taken place or is taking place.
Big difference.
Executed contract = already happened
Took off with revenue generating pilot programs in the fourth
quarter = already happened
Etc... there are more examples of this change.
This is a change that many have been asking for, and should be acknowledged.
And yes... we need to see revenues in the filings. Not arguing with that. But I expect we will.
Well, we haven't yet seen any filings that could or should show revenues for the W TX agreement.
So yeah this statement is technically correct.