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Share Structure update on OTCM
https://www.otcmarkets.com/stock/PCTL/security
Confirms what the TA said yesterday. No change in OS. Still remains at 540 mil.
Looks like the conversions of restricted to unrestricted shares are done for the time being.
We should be good to go now. Time for the move back up as the handle finishes.
All imo.
Thank you for checking with the TA. Just have one question. The restricted number of shares showing on OTCM as of April 14, 2020 is 59 million but the TA today mentioned that it's currently 34 million. Overall OS count hasn't changed so I'm assuming that approx 25 million restricted have been converted to unrestricted shares most likely for the purpose of growth and expansion?
All imo
Thank you and look forward to seeing your post tomorrow! Safe travels back home and get some rest!
I understand your frustration. For me personally, I got in last summer and man was it wild. Rode this one down through the lows during November, December and January. It was rough. The company has come a long way and I believe in a much much better position now to really succeed compared to last summer. OTC is one heck of a wild ride but I've done my DD on this company. It's been an up and down rollercoaster but I for one am looking forward to the Q1 and Q2.
On another note, the stock had 5 straight green days I believe so a pullback was necessary. Truth be told I didn't expect it to pullback this low, maybe high 6s to 7s but we will see what happens Monday.
All imo.
yup. truth be told I don't usually use charting for OTC stocks but honestly, this one is trading like a big board one. Excited for the next leg up :) RSI cooled off as well and MACD still bullish.
all imo
just about formed, slightly longer would have been better, but good enough. :)
all imo
shake out of weak hands to continue the handle formation before the breakout
all imo
+++ agreed
Shhhhhhhhh
I agree
We have had what 5 straight green days. Actually don't mind if this just chills out and consolidates for a bit before the next move up.
Slow steady gains for long term growth and SP stability.
All imo.
agreed. straight forward guy. He already told us to expect share issurance for the purpose of growth and expansion. I have absolutely zero issues with him doing that. If there is share issurance going on right now, they are most definitely doing it the right way without dropping shareholder value.
Gary is telling it like it is and keeping all of us well informed, what to expect and most importantly maintaining transparency. There are other CEOs of other companies who probably couldn't care less about shareholders but this cat is different. Add in the fact that they are offering free product to first responders and emergency workers speaks huge volumes.
haven't been able to get a OS count. Will have to wait for OTCM to update.
I ain't selling 1 share. Been a crazy ride since last summer and I'm planning to be there at the end when this company makes it to the big boards.
all imo.
and they are going about it the right way without killing the SP while still allowing us to finish green :)
If this was dilution due to notes, we would be in the red.
they are expanding but also keeping shareholders in mind as well. Can't ask for better.
all imo
UK - nationalized health care. That says it all.
You get into one hospital, you potentially get into all.
Makes it that much easier from a sales prospective and guess what they already got into one with the first install set to occur in May pending the final round of test results.
Once the ball gets rolling in the UK, I actually excited l expect installs in UK hospitals to catch up and out pace installs in the US.
I would also expect them continue to grow their fluid distribution revenue stream even moreso in next year. This stream is such a cash cow that it would be a no brainer for them to just have a plant(s) to ramp up fluid distribution from their current amount to even over 50-100k daily in the long run (a year or so) to deal with retail and large orders. I mean they are already at what 18k daily production right now roughly? (10k from main, 4k from werks and another 2k soon to be 4k from the third?) Not that far off from my projection.
This stream combined with the revenue stream from increased hospital installations of their system in the US and UK, the numbers are truly going to be mind boggling.
This isn't even including any potential further deals that might happen down the road. There's still so much more that hasn't even been talked about yet.
All imo.
It's 1000 beds. I would go by the business wire news as that's the one they release it on.
https://www.businesswire.com/news/home/20200416005907/en/PCT-Europe-Signs-Distribution-Agreement-UK-NHS
How do you know if I may ask? Any link?
Agreed. As long as it's for expansion and growth purposes, I don't mind as well.
Don't have PM anymore but I suspected it as well. Going to have to check with the TA next week.
Huh what in the world are you talking about.
I prefer slow steady gains. Just healthier in my opinion for the long run especially since this is a legitimate company.
Leave the crazy run ups for other pinkies that are hit and runs which end up in huge drops and can't recover.
All imo
Hmmm wonder if there's another news drop coming. 5/5 would be nice on the week.
All imo
This news needs to be stickied in big bold letters in the ibox
https://www.businesswire.com/news/home/20200416005907/en/PCT-Europe-Signs-Distribution-Agreement-UK-NHS#.XpjGjV1dO1k.twitter
I like this update from the company. They've moved up the filing date of the K by 2 weeks!
I don't see this 8k as a negative at all. Great news for us in fact.
This means we may possibly see the Q1 earlier than expected after the K gets filed :)
All imo
Company mentioned in their tweet that the full news article will be out tomorrow. Can't wait!
Yeeeee hawwwwww
Thank you.
Why the question marks?
I agree with alot of what goldi mentioned in her post.
Agreed tons of potential. I don't mind the conversions of preferred Cs as I'm assuming it's being used towards expansion and growth. Company has grown tremendously in just the last 2 months and will continue to grow.
All imo
Nevermind, had to reread the wording of that sentence. It says "as of" April 6 possibly meaning the preferred Cs may have been sold prior to this date and the conversion already done and factored into the OS.
Has anyone contacted the TA to get the updated count yet? I contacted them yesterday but haven't heard back yet.
All imk
Question for the board. In the 10Q filing it states that 270,000 preferred Cs were sold for $270,000 on April 6th. Since each single Preferred C converts to 100 common shares, that equals 27 million common shares.
Question I have is will this mean the new OS count should be 27 million higher. Last share structure update on OTCM was on April 2 showing an OS of 528 million. Since this sale of Preferred C's took place on April 6, should we expect the OS to be roughly 555 mil?
All imo
they are saving the good bits. Right when we think we see the sky on the way up, those good bits will take us to space
Keep in mind all, there was nothing posted in the Q about any of the recent developments (new facility, increased fluid production, UK, recent EPA approval, FINANCING, etc) I know some of this has been PRed already but I know I'm getting ready for alot of juicy good stuff still to come!
Go PCTL!
all imo
Regardless of how this all turns out, gotta give the company credit for not giving up. I'm still hoping for a positive outcome. Been here too long so planning to ride this till the end whatever it may be.
all good man. Looking forward to lots of great stuff to come in the upcoming weeks/months.
Good luck!
Perhaps you would like to reread my post properly or I can give you a pair a glasses.
I never once said in the post the PR was fluff. Also never doubted what the PR says.
My point is that the PRs haven't had an impact on SP. Would much rather see them release these PRs after the filings as I feel they would then carry more weight.
All imo.
Agreed and wish they would stop wasting PRs unnecessarily as the last few PRs have not done anything for the SP. At this point, everyone just wants to see the company come through n their word with their filings.
All imo.
The 10Q which gets them current gives us a full picture into their convertible debt situation. That's the reason why some of us are stressing the importance of the 10Q.
Gary said in the conference call that the delay in filing the Q was to prevent toxic holders from converting. He essentially in his words has them at a standstill. The company has a number of convertible notes that have been due the last few months but the note holders have been unable to convert due to the stop sign. Gary mentioned in the conference call that his goal was to settle all convertible notes.
Once the Q is filed and the company goes current, stop sign removed, we are going to see if Gary has done what he has said in settling the notes. If he hasn't, we are going to see immediate dilution from the convertible notes.
That's why people have been waiting for this Q to be filed. It's not so much what's in the Q, it's moreso we will immediately see if the convertible debts have been resolved.
Hope that helps
All imo
Green is always better than red :)
Sad thing is it still might not even get filed on April 15th... If you look at the sentence that comes after in that 8k, it says the dates are subject to change due to the pandemic.
Couldn't agree with you more on this post.
Am I missing something in the PRs? When did the CEO say the Q is being filed on April 10?