I'm a long who rarely posts on any stock but PCTL has really gotten my attention for several reasons.
1) The patent has been proved out by the trials and incorporation of the system into hospitals, oil and gas and a South Carolina food processor
2) the CDC statement, found on the Oct 26, 2018 PR, says 1 in 25 patients develop HAI...1 in 25!!
3) from the same report, the total of all related HAI costs annualized is about $147 Billion...a huge problem
4)there are just over 6200 hospitals and 913,000 beds in the US with an average size of about 150 beds per hospital. 150 beds is the max capacity for 1 system. If 10% of hospitals installed a system that would be a minimum of 620 systems. My estimate is that about 50% of hospital would require 1 (310 units)...186 hospitals, 30%, with 150-300 beds would require 2 units each, or 372 units, and maybe 20% would require 3 systems, 124 hospitals, or 372 units. total is 1154 units. At $8500 per unit/month $117.7 million per year. obviously there are costs, at some point the Q will help to make that more transparent, and who knows how long it would take to get to 10% but there is a massive upside here.
5) It seems to me that there's large revenue potential in locker rooms, sports facilities given the MRSA problem
6) There are many large medical supply outfitters, Medtronics, J and J and other with revenue exceeding 20 Billion dollars. Would there be an interest in a buy out form one of them? Given our SS a $1 billion buyout is equivalent to $3.30 per share. Do the math for a potential larger buyout.
These are my reasons for being a long. Any thoughts are welcome.
