Inject this comment into my veins, please.

Was in this previously but sold. What's the best reasoning for buying back in now?

Nice to see you again, Dueces. Found another good one here, have we?

For those who don't know: A stock warrant is basically an agreement to purchase stock at a price (in this case .20) that is good for a set period of time (in this case until 2025).

The question is why would any investor or lender agree to purchase stock at a price of .20 when the stock is currently barely above a penny?

The speculation (which is always dangerous) would lead one to conclude there is knowledge of something else occurring here in the background or at least enough upside which may potentially drive the price of this stock much higher and as a result .20 would be seen as an attractive option.

Suppose we'll see.

I agree. But we do need to see some forward momentum with regard to revenue in my humble opinion.

Indeed. Just surprising to see a ticker like this with such a low share structure. I'm just saying even if the OS doubled we'd still be in really good shape. Float must be locked tightly atm.

I would strongly suspect the OS increased by more than 11 million during this round of dilution and perhaps has not been updated yet.

If indeed we're only up to 120 million then that is still a ridiiiiculously low share structure for a ticker with this much potential. OS could double or even triple and it'd still be a very favorable share structure indeed.

If someone can give me a rundown: What catalysts are we waiting on here that would send this as high as some on this board are suggesting (.10, .20, etc..)

I know there's a lot of agreements and pilot programs etc in place but what about in terms of actual revenue generating activities? Company has a decent amount of debt, no?

I'd agree with this. It's frustrating but it is what it is. About 5 of my tickers put out an 8K just like this after hours. Not surprised. If you were happy about this play yesterday, nothing has really changed.

Take a look at half the boards on here you'll see people complaining about the same thing. Filings gonna be late. Hopefully people realize this is a reality that a lot of people are dealing with. I'm sure some folks will get scared off. That creates an opportunity as far as I'm concerned.

The world is different now than it was a few months ago. I know people think everyone's using covid-19 as an excuse. Sure, some companies probably are. But it's also a reality that everyone is dealing with. For some smaller companies, it may be more problematic.

Patience. This too shall pass.

Nice to see you here, Dueces. We liking this one?

Would love some insight into the company's direction and recent activities. If I knew they were moving forward in the right direction I'd load up. Hard to resist a stock trading at these levels right before covid.

Something is definitely going on here. Would be nice to hear what that is.

We get any official updates here yet?

So.. just looking here now for the first time. What are we liking here? Seems like a pretty eh share structure for a company that has a lot of potential but not a lot of revenue coming in.

Has anyone tried calling the IR number on the website and asking for an update?

I'm hoping we get some clarity on what's happening with the co.

I'd rather see a buyout reported on CNN/FOX

At least then the price will pop before they have to issue a correction

definitely a possibility as well. But I haven't seen anything beyond ihub/twitter speculation to suggest that's what's occurring.

It definitely is, for sure. And I'm sure the general downturn in the oil and gas industry aint helping things.

But why are they filing for bankruptcy protection for 3 of their subs and why is half the exec board resigning?

I assume SOMETHING is going on... but what? That's the question for me. A technical bounce is likely at some point but this company could be circling the drain

Alright, but why? What are we expecting here? Company has been very silent what with all the execs leaving and all

Briefly green here. Nice to see. Looks thin from here if we can get some pressure.

I'd like some clarity from the company as to whether or not they're continuing operations or circling the drain though.

Generally companies don't see half the executive team resign for no good reason. There's risk here, for sure.

Very quiet board.

Seems risky though. Why do we think everyone is resigning? And what's the upside here?

Interesting to look at here... wish I knew why everyone and their mother is resigning though. Are we smelling a buyout?

Taking my first look here. Can someone give me a brief synopsis of this play and the potential upside?

Ontario? lol. You're about a year late on that one bud.

$PCTL showing incredibly resilience on a rough day. Honestly would not take much to bring us back up and close out the day green. Considering where we were only a few short hours ago that seemed impossible. But it's clear that whatever has happened the last few days, longs are fighting back against it.

It's the OTC and nothing is guaranteed, but the pushback from the lows of today should give every long confidence.

My shares are locked up tightly and have been since day 1 last summer. A little shakedown is nothing for me. Onward and upward.

This was mentioned on the podcast episode released earlier this week. It's a statement from the CEO.

Narrator: This system kills many viruses and has, in fact, killed every virus it's been tested against.

Not only is it possible, it's very common with OTC stocks.

Charts are good and they provide a decent tool for forecasting or speculating, but with the volatile nature of OTC, they run very much on sentiment, momentum, and non-technicals.

So, charts and techs are good and all but they're not the only thing and they're by no means flawless or definitive.

PCTL has a lot of great things going for it. The UK, the "far east" (whatever that might mean), and more. In addition, the charts look good.

Nothing goes up in a straight line but PCTL has obviously moved really well these past couple weeks and is certainly pointed and headed in the right direction.

I agree. It also doesn't look very good for eager shareholders to bombard the media trying to get attention for a penny stock they own. I have the utmost faith in this company and the technology. I believe big things are ahead.

However, it is not our job to contact the media on their behalf. If the company wants to reach out to the media, they should choose the time and manner of that outreach. Not us.

You have a bunch of overzealous shareholders constantly haranguing the media to do a story on your penny stock.... well, you might not like the story they decide to tell.

Please be smarter about this stuff, people.

In fairness, The death rate is relative to confirmed cases. Testing is still ongoing. I'm not sure if this makes it "better" but the actual number of infected is likely much much higher which will make the death rate comparatively smaller. So those percentages should come down.

With as easily as this thing spreads, there are surely many thousands of more people, perhaps tens of thousands, who have been infected and don't even know it yet. Some may never know it.

Look at it this way. Let's say you test 2 people for something and they both have it. If one of those persons dies and those are the only two you've tested, your death rate is 50%.

Now you get 8 more positive tests (10 total) and only the 1 person has died... your death rate is now 10%.

And so on and so on.

I'm not sure if it's a "good" thing that the number of infected persons is likely much higher than we're aware of, but the "good" part is likely that relative to the number of infected, the death rate is going to be lower than it is right now. As more testing is done, as more people are treated, the death rate should come down.

At least, we should all be hoping for this to be the case.

From the most recent 10-Q filing:

If you're hearing that and interpreting it as "any pathogen that anyone's ever tested" then no.

What Gary is saying is everything they've tested it against it works against.

And on January 8th no one was talking about coronavirus so it certainly hadn't been tested against it back then. Maybe they've been able to do some testing since then but certainly not back on January 8th.

At this stage, the company is not able to make any claims regarding their product's efficacy against coronavirus. Not legally anyhow.

It is entirely possible and even likely that it could work against coronavirus but they can't make that claim publicly until they are able to test and prove it and until they're able to obtain legal and regulatory clearance to make that claim.

To be clear: It's a far "easier" thing to do- killing a virus outside the human body. So it is entirely possible and most likely the case that they can kill coronavirus the same way they've killed C DIFF, MRSA, and others. They just can't legally or publicly make that claim.

Gary did mention on the CC that they were receiving interest from multiple parties for this purpose so it is likely that they have explored the possibility of testing/using it. We'll know more on that hopefully in the future. Lord knows the world can use the help right now.

Given what we know about our product and it's efficacy, I'm quite confident that it can be effective against coronavirus but you won't see the company making that claim publicly until they're able to legally and ethically do so.

There certainly is competition out there, as there is in any industry.

However, Pepsi is not rendered impotent because of the presence of Coca-Cola.

I'm sure many people told Pepsi they were crazy for starting out. "What about Coke??"

They've done just fine.

Most likely, yes. They just can't make the claim legally. But obviously the demand is there and the customers are calling and interested and people are looking for safe, effective cleaning and sanitizing solutions which PCTL has in spades.

They have also previously stated that they can ramp up production to 50 units/month if needed.

There's a lot of talk about being able to keep up with demand. I understand this thinking. I also think it would fall under the category of "nice problem to have" if they're fielding so many orders, contracts, and calls that they need to explore options to produce MORE than 50 units per month.

It has been tested effectively against all pathogens it has faced and kills them dead, including but not limited to C-Diff, Staph, and MRSA.

It may be effective against the current coronavirus strain but has not yet been tested against it since it is still a new strain. No one can make the claim that their product kills this strain of coronavirus until it is able to be tested and verified.

It may be effective and certainly customers (both new and existing) are contacting them with an interest in doing just that. It certainly should be effective but they cannot presently make that claim as it would be irresponsible and inaccurate to do so just yet. More testing and opportunity are needed.

But seeing as it has killed every virus, bacteria, and fungus it's gone up against to this point- I'd be betting on PCTL.

It's a fair point. However, a few thoughts/clarifications:

1. We don't know about the cost of manufacturing the machines themselves. They may not be terribly expensive to produce and with the average system commanding a monthly service contract between $6,000 - $9,000 per month, it may be recouped more quickly than we might think.

2. Not all machines are provided on a leased basis. The larger machines, for example, in the recent PR, are typically sold outright and not leased. There are other customers who have purchased these machines which cost more up front. I believe selling one of these machines is equal to like 4-6 months of revenue generated by a service contract on the smaller Annihilyzer system.

3. The company also generates revenue from the direct sale of fluids to customers. They generate the fluids and ship them for use/sale.

4. The company also generates revenue from licensing agreements as will be the case with the new distributor in Puerto Rico and may be the case with other sub-registrants such as BioBlasting (though I'm not sure exactly of their terms).

The Annihilyzer's are the machines which are placed on a lease agreement with a monthly service contract and mostly in hospitals (though not exclusively). They're the product that's getting all the buzz these days but these are not the only products the company has and are not the only way they generate revenue.