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Monday, June 22, 2020 11:41:57 AM
We shave to realize that he just said they had the capacity to produce 10,000 gallons a day, doesn’t mean that much was being shipped out. Also, PCTL does not have any sort of ownership with the liquid, just the ability to produce. Once they saw the need for more liquid because of the virus, they wanted to take advantage and make sure they got a foothold in the market, so they probably offered it on the cheap to undercut other competitors. This allowed them to get many distributors on board with them.
The growth on the medical side will be where our future income will be coming in. That is still growing, albeit slower than we want.
Be patient and remember most pinkies are not profitable like this one.
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- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 07/13/2023 04:32:57 PM
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