I read in someone's post that our CEO is only taking $500 a week as salary. I would hope if that's the case he's getting sufficient stock to make him well compensated if the company does well.
I've only been invested here about a month, I don't know all that's occurred in the past. It sounds like he took over shortly before a quarterly was do, and that's probably a good part of the reason it's still not out, but should be shortly according to the conference call. Likewise the Annual Report, on, or nearly on time. While I know of OTC stocks that didn't report for years, it's good that PCTL intends to be caught up shortly, and that should permit its purchase at brokerages which currently aren't permitting it.
As someone who's spent substantial time in hospitals, I'm currently approaching 5 years post stem cells for leukemia, I know of their concern with cleanliness. I believe the companies equipment properly used would result in biologically cleaner hospitals, and that's the key. I know the system works on C-Diff, but I suspect they'd still isolate me each time as the chemo I'm on causes diarrhea, and they insist on culture before clearing a patient of C-Diff. It's funny, the nurses all put on protective outfits, the Doctors could care less. Visitors of course must take precautions. All that disposable stuff has to cost a fair amount of money, I don't know if it can be eliminated by the companies equipment, but a room treated with it should be quite healthy to be in.
I don't know if anyone else has anything that competes with this, I certainly never saw anything in a hospital. I frankly wonder if it's use in Doctor's offices wouldn't be very wise as where do you go when you're sick, either your Dr. or Emergency Rooms and Trauma Care, where you become threatened by what others are bringing in there. In reality, I don't know that our equipment isn't needed more in these places than inside the hospital itself as that's where it's most likely to be spread from.
Today if possible patients go home the same day they have surgery simply to cut down on their exposure to the wide variety of germs found in hospitals. During my hospitalizations I had two catheter infections, in each case they cultured the infections, and while they can never be certain, they were rare enough to probably have come from the hospital, not something I'd normally find outside of it.
I do believe that the potential of our products is tremendous, while this doesn't guarantee success, the potential is certainly there. In time I'd hope that they develop a home unit that's a few hundred dollars, but something that virtually everyone will want to have.
Gary
