Why is PCTL stock set to make a major move?
First of all we need to understand the current trading area is based on the market makers just doing their job of creating a market.
PCTL sales have been record breaking sales and revenues for Q1 and expected to have double digit growth in Q2 and beyond. That alone should be favorable to the stock price movement.
What could launch stock price movement on a crazy run is knowledge.
The PCTL story is unknown to the trading public and the general public and for good reasons. It is a “stink pinky”. A lot of people won’t touch an OTC stock. It just went through some serious toxic financing. We had some very good local news stories about a small company from Little River, SC., however we need national news on the impact of HOCI during the Pandemic.
What major companies make and sell HOCI?
BASF SE. (Germany) OTCMKTS $48.80
Arkema S.A. (France) OTCMKTS $82.05
Lonza. (Swiss) OTCMKTS $480.00
Olin Corporation. NYSE $11.32
Nouryon (Private)
Occidental Petroleum Corporation. NYSE $14.67
Kuehne Company (Private)
AGC Chemicals (Private)
Surpass Chemical Company, Inc. Private
Westlake Chemical Corporation NYSE $42.02
When the story gets out about the impact of and the demand for Hypochlorous Acid during the pandemic and if Paradigm Convergence Technologies Corporation catches some press in the process then the possibility of an epic run may occur.
Why?
When people start to research HOCI and find out who the major players are they may want a piece of the action. Now some of the players listed are private so no action there. Many of the other ones although they make HOCI it is not necessary for disinfection in hospitals or similar businesses. Some will deliver 2500 gallons from a tank truck. Some are big into providing services to farms, diary, pool supplies distributors and water treatment plants.
If by happenstance some of these interested parties stubble across PCTL and take a close look they may take a dip and join the party.
PCTL went from the ashes of toxic financing to a company on a cash flow basis to cover the burn-rate in a six month period.
Due to increased attention as a result of the ongoing coronavirus pandemic, PCTL has been on an accelerated pace towards profitability and is preparing for double-digit growth into Q2 and beyond.
“Growth has been tremendous,” says CFO Marion Sofield, adding that the company is expecting to report record sales and revenues in Q1 2020.
“We have to expand very rapidly. We see a need, starting in July, to start delivering at least 25 systems a month,” said Grieco.
The fact that HOCI is selling like hotcakes and demand has been outstripping supply should be national news.
