Many of us were shocked by the projected yearly sales for the year north of $4 million dollars.
We have had estimates put on the board showing figures much much higher.We took those estimated sales numbers from various sources of what PCTL may have been selling HOCI for. I don’t believe there was any intent by anyone to pump, deceive or promote the stock. The estimates were just possibilities of what could be and were based on the information coming from the company and not just made up. We do know that they sell gallons for $30 dollars retail and $17.50 wholesale. What was the most difficult to determine to determine and is still up in the air is what PCTL sells bulk for.
So now that we have Gary’s number and we have our estimates.
Instead of getting upset, angry or mad as hell, consider the why the difference,
Many have already hit the nail on the head, we overestimated.
Just remember as we gave an estimate , so did Gary although his based on more solid information.
Covid-19 helped in the demand for HOCI, however what drove PCTL’s demand specifically was this event:
Little River, South Carolina — (March 18, 2020) PCT LTD (OTC Pink: PCTL) ("PCTL") is pleased to announce they have obtained a large pre-paid order from an existing sub-registrant in the Midwestern United States for 10,000 gallons of a specific fluid solution, with regular, recurring orders expected to follow.
PCTL sold HOCI however it wasn’t a major part of their business. Until they got that 10,000 gallon order and this:
Following up on an earlier release from March 18th; a second 10,000-gallon fluid order has been shipped to an existing customer in the Midwest. Recurring orders to this sub-registrant are expected to follow in the coming weeks.
So PCTL has a need to deliver 10,000 gallons of fluid when the orders come in. We know they delivered at least 2 and are supposed to have recurring orders.
Beside these bulk orders, they have to fill the retail and wholesale gallon jugs orders.
Filling the gallon jugs and labeling would be a time consuming process.
What the balance is between bulk and jugs is undetermined however I would suspect that the bulk is filled especially the recurring 10,000 gallon expeditiously.
We won’t know what the actual numbers are until we see the financials.
The most important piece of information from the podcast:
PCTL’s main attraction, its flagship product, the Annihilyzer will be installed in 2 possibly 3 hospitals a month and accelerating the expansion because the demand is there. The demand for the Annihilyzer will continue to grow even more as more systems are installed.
AI
