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PCTL, the company has said their will soon be a spinoff and shareholders will gain new shares in the new companies.
No more no less.
My favorite part of your conversation is where you fabricated this:
"Gary's retirement in Aruba."
Aruba? Really? That is hilarious - it really is.
As you know, Rome wasn't built in a day.
And if making money was easy, everyone would be doing it.
You are in a good place and have the right mindset.
Don't listen to the stock stalkers.
Our motive to make money with PCTL and we will do so.
Checkmate? For disagreeing with a particular word on a public shareholder board?
The conversation is NOT about this.
The fact is that shareholders in PCTL are getting/gaining/acquiring (whatever term you love to use insert here) for the new spinoffs.
Keep yelling checkmate... I have a lot of new shares coming.
And past indicators are not a predictor of future performance.
If I didn't like a company, I damn sure wouldn't spend most of the trading day on a board bashing it.
I would move on to something I believe in.
Time. Is. Money.
GG does care about healthcare and owns shares in PCTL. This is on the public record.
He could be "more excited" about another area (I don't know his thoughts), but that doesn't necessarily correlate to not caring about healthcare.
From a self-interest standpoint, it would be foolish not to care about healthcare.
Think about it...
And we know there are a lot of self interested people on this board - and the investing community in general.
Thanks for your post.
The company has already said they were going to gift/grandfather/allocate new ones etc.
This is in the publicly released statements.
Negativity cannot stop momentum. It doesn't matter what you believe - it is factual.
I have been off here a while, but decided to visit everyone and will leave you with something for 2023 and moving forward.
Nothing happens overnight - and Rome was not built in a day.
And PCTL has had its trials and tribulations... And you can't fall off the floor.
But you can get back up and that is exactly what this company is doing.
You learn. You adapt. You implement.
Yet, after accumulating millions of shares, I now feel better than ever.
The company has dropped the bad actors.
The subsidiaries are making traction.
The operational model is strong and viable.
The product and tech is strong.
Both verticals are separating due to rational and logical sense.
Shareholders will be gifted shares in the new companies.
Lay of the Land: Some will sell as they are unsure; and some will accumulate.
This is the delineation between those who win vs. those who lose.
Investing takes guts. And scared money doesn't make money.
Have a good weekend everyone.
Unfortunately, your argument falls apart as Art is the president now and has an extensive CFO background. What Gary said in history compared to what Art says now is not even an apples to oranges comparison.
We also know the revenues for 2022 will be "backloaded," meaning revenue will significantly ramp up beginning Q2 - and rising forward at a much greater rate.
$5M in sales 2022 means an exponentially higher share price than now.
Thanks. I strongly believe the momentum for the company has shifted. This is a really big deal for a lot of investors.
Art stating that we are still on track for $5M was huge, along with his promotion, recent developments - and letting all shareholders know conservative and only the most accurate data will be released once the ink is dry.
PCT is now performing like a company on an upwards trajectory.
And the stock is VERY undervalued. That is about to change.
The PCTL culture has done a positive 180 degree turnaround.
It is obvious across the board.
Podcast is on the website.
https://pctl.com/company-news/
I have a feeling big news is coming.
I would not be flipping today. The sands in the hourglass are winding down.
Sage advice to smart shareholders
Now is the time to get shares why there are very cheap in price. This is not going to last long. Friday, tomorrow, would be a very good time to put your pedal to the metal.
I think very big and positive company news is coming.
I would rather get on the train now, than trying to run down the street with my pants pulled down to my ankles.
There really are great developments happening across the healthcare and O&G fronts. And it's happening as you read this.
Nobody has sold any stock today. Possibly because they don't want to get caught with their pants down.
Basically NO trading all day.
Since the opening bell.
Selling all my shares
"If I dont get that answer in the next 5 minutes, Ill selling all my shares."
Time: 11:03 am EST
The floor is yours...
"The only thing Gary was interested in was the oil..."
That is quite a charge you are leveling.
Most on here know GG is the president of a company that is targeting three verticals: Healthcare, O&G and Agriculture.
In reality, you don't know the "only thing Gary is interested in." And neither do I.
The only way I would make claims like the above is if I pissed in my own cornflakes.
Somebody was probably averaging down and made a big purchase.
It looked like roughly a half million shares were picked up.
Indicator Alert...
Probably somebody smart bought a lot of shares.
Maulings = Investment opportunity
Your maulings are when the smarter investors make their purchases for later and larger gains.
Yesterday, as I listened to the podcast, I felt like PCT has made another nice pivot when it comes to marketing.
I have a lot of experience in marketing and run a 20 year old successful national firm. The aforementioned is mentioned not because I am tooting my own horn - but because I really liked (and was comforted) with what the guy was saying and he gave me confidence with his language. When you hear words like "channels, solutions, approach, strategies, due diligence (before they were hired), etc...," this type of language is typically learned with EXPERIENCE.
And we all know experience cannot be bought for any individual - it must be earned/gained.
Basically, he is not a "sell it first, then figure out how to do it guy" just starting out in his career.
Marketing is also on of the biggest areas of need for PCTL and I feel like they have another strong leader to cover this realm.
I didn't know Gary was the CEO for PCT the last 80 years.
The positive test results which greatly affect EOR ROI should be rather easy to market.
Once the word gets out in the industry, which it will - orders will begin coming in. PCT's challenge then will be more in the delivery and installation/setup of the product, which is a good problem to have, rather than a bad problem (i.e. no orders).
I agree and expect a "more of a financial turnaround" for Q1 2022.
It is important to note this is another positive and major development for PCT.
As most of us know, publicly traded companies don't report earnings in real time like a private business can - so they are almost always "somewhere-up-to-90-days-late" with financial reporting.
Q2 is when the revenue kicks in. Then, upward trajectory.
I also like the fact PCT has kept its labor force very small; help keeping overhead costs down.
Apples to oranges.
With Art Abraham and other professional additions made to the PCTL staff over the last year, "past performance is not indicator of future results."
LOL
"According to data from the U.S. Bureau of Labor Statistics, about 20% of U.S. small businesses fail within the first year. By the end of their fifth year, roughly 50% have faltered."
PCT is doing better every year.
This is how it works: Businesses that "survive" the initial years, tend to experience a dramatic positive increase in profitability due to a variety of factors. Too many to mention and I am not also mentioning the absolutely amazing product that PCT produces.
Great post! Using facts is always exponentially better than conjecture.
One of the best methods to run a business is by the numbers - let them guide much of the decision making.
This also holds true with investing.
It's buying time folks!
Rome was not built in a day, nor with impatience. But ultimately, Rome prevailed and a lot of others did not.
And Viola! Q1 is coming to an end.
I picked up a +300K shares yesterday at sub .018
Like you keep saying, anything under .02 is an absolute steal right now.
That and a financial report(s) that shows a turnaround.
Intuitive post.
Your link is not opening.
Probably, although it is not my direct intention.
Like you, I want to get factual information to investors.
BIDEN BANS RUSSIAN OIL IMPORTS
This news should make our share price increase.
https://www.newsmax.com/politics/russian-oil-ban-united-states-biden/2022/03/08/id/1060163/?dkt_nbr=6F0112byumuv
Thank you for that explanation. Looks like an even larger opportunity for PCTL once the marketing message gets out.
The speed and effectiveness of marketing is a field of study in itself.
Absolutely.
Buying from our enemies: Weakens our economy and national security. Funds Putin's war machine as oil is 60% of Russia's economy.
And just as idiotic: Burning the same oil and releasing it into the atmosphere from inside the US. Another thing... If you burn oil overseas, it eventually travels in the atmosphere and has the same effect on everyone.
Please provide more context for your most recent post.