When I made my projections of $20 in two years, I was then working under the assumption that CTT's tool utilization rates were 33%. Obviously, that is NOT the case.
holy crap!!! now I've literally seen it all!!!!!!!!!!!!!
OBVIOUSLY THIS IS NOT THE CASE?
WHEN DID IT BECOME OBVIOUS TO YOU? WERE YOU GOING TO SHARE THIS "OBVIOUS" REVELATION WITH THE REST OF THE BOARD??
PEOPLE U WILLL HAVE TO FORGIVE ME BECAUSE MY BODY IS TRYING NOT TO FLY OUT OF MY CHAIR AND HIT THE ROOF. BUT IT WANTS TO!
READ THIS CAREFULLY FROM THE ULTIMATE INSIDER, THE ONE WITH THE CTT CEO'S CELL PHONE NUMBER "CTT is currently on pace to achieve between 2% and 5% of all currently available toolsets" THIS MEANS THAT THEY CURRENTLY AREN'T THERE YET, THAT THEY ARE ON PACE, WHICH TELLS US THATIT'S PROBABLY LOWER THAN 2% CURRENTLY!
ALSO, MORE UNBELIEVABLY, THIS TITAN OF THE OIL FIELD INDUSTRY JIM DIAL, WHEN HE PUMPED US ALL INTO THE STOCK WITH TALK OF A 2 MM PER MONTH PER 50 SET OF JET MOTORS, (WHICH DIDN'T WORK AT ALL IT SEEMS BECAUSE THEY'VE NOT SAID BOO ABOUT THEM SINCE) WAS GOING ON AN UNBELIEVABLE UTILIZATION RATE OF 75%!!!!
NOW WE'LL NOT DISCUSS THE 20 SOME YEARS HE'S SUPPOSED TO HAVE WORKED IN THE FIELD, BUT HE'S PROBABLY SUPPOSED TO KNOW MORE ABOUT THE RENTAL RATE OF A COMPANY HE'S GOING TO BUY, SO EITHER HE'S INCOMPETANT, AND DIDN'T HAVE THE SLIGHTEST CLUE WITH THAT 2 MM PER MONTH PROJECTION ( KINDA MAKES ALL HIS OTHER PROJECTIONS SUSPECT, NO?) OR HE WAS DELIBERATELY TRYING TO PUMP UP THE STOCK PRICE SO HE COULD SELL SHARES AND GET THIS LITTLE TOOL MAKING OPERATION PARTY STARTED. IF HE DIDN'T KNOW THAT THE TOOL RENTAL RATE HE PROJECTED WAS FOOLISH, 75% VS LESS THAN 2% IN REALITY, THEN HE SHOULDN'T BE RUNNING THIS COMPANY TO BEGIN WITH, AND IF HE DID THEN HE'S BORDERLINE CROOK FROM THIS ONE FACT ALONE....
THIS GET'S ME BACK TO BBB--- BBB FROM THIS 'OBVIOUSLY' COMMENT YOU HAVE KNOWN THE RENTAL RATE TO BE LESS THAN 75%, LESS THAN EVEN THE 33% YOU "CONCEEDED TO" TO BE BETWEEN 1-4% FOR QUITE SOME TIME!
HOW LOLNG EXACTLY AND WHY DIDN'T YOU FESS UP TO THIS UNTIL CORNERED?
UNBELIEVABLE!
