Saturday, April 18, 2020 6:49:40 AM
“We have a number of interested parties in our sales pipeline".
What exactly does he mean by this? Why would someone be interested in the sales pipeline in particular?
One obvious answer jumps out at me, and I don't want to get ahead of myself here, but someone or some company, multiple of them given the plural, might be focused on PCTL's sales pipeline in an effort to evaluate if and for how much they might make an offer to just buy PCTL out entirely. And if it's this one, the plural suggests competing bids may be coming.
Another might be potential new licensees here in the US or more likely around the world, attempting to evaluate the income and profit potential for coming on board, to expand PCTL's equipment and fluid sales into maybe the EU or Asia or Africa, maybe central or south America. This would certainly accelerate growth even further. Licensees or Distributors. Remember, they already signed a Puerto Rico licensee and a UK partnership. And again, note the plural, multiple interested parties.
Just trying to get my head around that one quote, but all are significant. All not just suggesting, but expressing strong growth coming. Great post!
Long & Strong!
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