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Up from here I think.
Gotta give it to them though for making another effort today to try to add more to their stack.
There's not going to be very many opportunities for them to do what they did today and last couple days once that Q comes out.
Q comes out- current- convertible debt settlement- K- financing
Throw in all the sales news and the UK trial results in between the above.
Too many catalysts for this to sustain a very long run up.
All imo
Peeps, please understand that the SP was seriously manipulated today by a group and that this isn't the only ticker that it's happening to right now on the OTC. They are doing it to tickers that are about to run it seems. Hold on tight.
All imo
They preyed and fed yesterday
Brutal manipulation today. I know this is all part of trading and you subject yourself to this if you choose to trade in the OTC but just given the time we are currently in now with the world suffering, just tough.
What the.. talk about a 180 degree change in your sentiment
bit of a tall order today for that to happen.
What an awesome find! Great DD! This would make it 10 hospitals now right including that most recent NYC addition
There's usually been a retrace on Tuesdays of about 15-20% the last couple weeks after a green Monday which I think it's healthy. After all if we look at last week in its entirety, we were up overall about 150%. Retrace is healthy for a move up.
However, that being said, the markets are in a flux and we are in a very unique circumstance where honestly we really don't know what the market will do day to day at this time. This stock could continue its trend up today. Who knows.
I'm comfortable however in knowing this company has a life changing product that is actually in hospitals and it's not some other OTC company claiming that it has some product that's coming out in the future. This company is already IN the healthcare system! That's what I take solace in and why I place confidence in this company's ability to progress forward in a positive way and also why I believe we haven't even seen what this SP can even begin to do yet.
We can proclaim all we want about what will happen to SP the next day but truth is we really don't know as this is my first time trading during a pandemic. Just trust in the company and their product and the SP will take care of itself.
all imo
Oh and the other thing that tells me that the convertible debt is settled is that Gary mentioned in yesterday's released podcast that he fully expected the company to be profitable this month.
Just adds more catalysts and more good times coming for us :)
All imo
Love that the positive UK news from the trials is pushing this along like you said but current means alot here. The stop sign has prevented note holders from converting as the company has them on a standstill while finding a way to settle the convertible debt.
As per the conference call held on February 20, Gary mentioned that he fully intended to settle all remaining convertible debt.
Once that stop sign comes down, that's when we will find out if the remaining convertible notes have been settled which it should be if we go by what Gary has said in that conference call. The convertible debt settlement will further propel this push up in SP.
All imo
Found the tweet when yesterday's podcast was first made and they alerted to it's release.
$PCTL ~ #New Interview will be out early next week!#ComingSoon #StayTuned #PCTL https://t.co/XOLNWal4pE pic.twitter.com/XTjkSUPIKr
— Stock Day Media (@StockDayPodcast) March 11, 2020
Yup I can't count how many catalysts this company has coming once Stop sign comes down and they go current. Going to be insane
:)
Personally don't care about the Q as it's old news. Just looking forward to them getting current.
Keep this in mind guys, in the podcast, Gary mentioned the Q is coming in less than 10 days. However the podcast was done about a week ago I think and published today. This means Q is possibly coming this week.
All imo.
Yup should be an awesome week and more to come!
It's not the product I'm worried about. It's moreso whether the employees can fly out to train the staff, conduct sales call, make presentations given travel restrictions which is why I'm glad they were able to get into UK 2 months ago. Also helps big time that they are already op in several hospitals in the US. Hopefully all of them stay safe and healthy during this trying time.
Here's something that hasn't been brought up.
With the US travel ban being extended to UK, I'm glad the company was able to get their product in early otherwise the travel ban would have proved to be a barrier to them flying in to the UK to showcase the product.
Secondly it now appears that Trump is considering imposing travel restrictions with the US to areas that are hard hit by the virus. Looks like they gotta work fast to get products into hospitals in those areas and to be able to fly in to show how the product works.
Gary himself is in his 70s. Here's to wishing both him and all the employees in the company to stay safe and healthy.
All imo
Always like reading your posts.Like you said this may be one of those times the red tape is cut.
According to the UK officials and the way the virus is tracking, the UK is about 4 weeks behind what's taking place in Italy right now. It's literally a race against time and they were saying that what the government does every day from here on out matters to prevent the situation in Italy from happening to the UK.
We are starting to really see travel restrictions tighten in the world over the last day with more drastic shut down measures being implemented in some of the other countries (America, Canada, Australia, new Zealand etc.) Really is a race right now. Hopefully this translates to PCTL's product being implemented sooner than later in the UK.
I think it was mentioned somewhere that they have the ability to ramp up to 50 units a month but hopefully they have a plan in place to get help in case they need to manufacture more. Lots to look forward to especially this week. Current this week hopefully which will lead to stop sign removal. Don't really care about what the 3rd Q shows as it will be old news. Just want to see them get current. This, followed by debt resolved and some sort of financing obtained to be able to fund operations moving forward in coming weeks together with that annual K in April.
OTC stocks move Momo driven by catalysts. This company not only has a shi*load of catalysts coming but it's one of the very few companies on the OTC that actually has a legit product that's already being utilized by hospitals. Sky's the limit where this could potentially go. But step one, let's see them get current first this week.
All imo.
Thank you very much for this!
Some of the points you made was also similarly echoed when their IR called me. I didn't get a chance to talk as long as I was on a time constraint so couldn't cover all the points that you did. Thank for again for breaking it all down for us! Lots to be excited for!
Their IR firm also called me yesterday. I think it's awesome that they are making that effort to keep in touch with shareholders.
I second that specifically back in November and December lol. Glad we stayed the course!
Have no clue what today's action will be like. Monday we had a 66% rise followed by a retrace on Tuesday. Yesterday was another 84% rise. Does it retrace today or continue up?
Doubt that he sold his whole position. Prob took some profits but is holding some as well.
Beautiful! Thank you GC! Good luck to you as well
Something else that caught my eye in today's PR. I understand there's been alot of talk recently about their competitors.
Here's something that was written in today's PR
https://www.businesswire.com/news/home/20200311005641/en/PCT-Experiencing-Rapid-Increase-Interest-Receives-Purchase
To our knowledge, we are the only company that has [our innovative and complete prevention-focused] system right now.
Fingers crossed!
Here's to hoping! :) Though I'll be happy either way even if they do go the original route.
Little food for thought that's my opinion. I wonder if the company might be able to secure grant money given the current circumstances from the the 8.3bil funding bill from the government to pay off debt and fund operations without having to take on a JV or angel investor.
Wouldn't that be something special.
All imo
The company did release the PR on Business wire today.
https://www.businesswire.com/news/home/20200311005641/en/PCT-Experiencing-Rapid-Increase-Interest-Receives-Purchase
Can mods please update the ibox with today's PR release. Thanks
Link below
https://finance.yahoo.com/news/pct-ltd-experiencing-rapid-increase-165200760.html
UK news
Please see company twitter tweet today
https://twitter.com/PCTL2020
Can't wait to see your chart later today and seeing that 50 cross the 200. :)
Great post bud! Thank you
It's because they know the shareholders that they are emailing truly are the ones that care about the company and their success moving forward.
I received the email from the company IR just now as well. Awesome update. Looks like the Q is coming possibly end of this week or early next (mid March). 6 new hospital installations!
You know why they posted the Q2 2019 numbers in that update? In my opinion it's because when that Q3 gets released, it's going to allow us to see that huge jump in revenues between Q2 and Q3 as well as a further decrease in operating costs!
They are timing these releases perfectly. From the published interview yesterday, update today, lots more coming! Hold on tight!
All imo
The interview published yesterday was actually done before the conference call. Usually takes a couple weeks before they publish much like the upcoming podcast that will be conducted this week but won't be put out for another week or two
As per the conference call if you listen to the 23 minute mark, (I'm paraphrasing here) question was asked if there would be any future dilution from convertible debt and Gary said NO dilution from convertible debt and that in 2-3 weeks the remaining convertible debt would be fully paid back and to also get some of that stock returned. Looking forward to hearing news on that shortly when the company goes current upon filing the Q.
Also mentioned NO reverse split in the call as well! :)
So many positive catalysts incoming!
All imo
Thanks! On another note. Another possible catalyst coming this week. According to that CC 3 weeks ago, Gary mentioned the delayed Q would be filed in 2-3 weeks and this is week 3. Ducks all lined up
Each system costs 8000 a month times 12 is 96000
This furthermore speaks volumes in their ability to enter the healthcare sector and the efficiency of their product without sales support.