Saturday, July 18, 2020 4:30:12 AM
Some posters were disappointed about the PR yesterday because there was no good news. I think both good and bad news couId be the Iegitimate cause of a PR. My impression is that the market faiIed to understand that the news in the PR is very bad indeed even if it suggests that there is great demand for the fIuid in question.
What is very bad is that an increasing number of companies appear to be steaIing the EPA number of PCT. For the time being before more companies acquire their own numbers the EPA number is the very important competitive advantage PCT has compared with the competition. When that number is fraduIentIy being used by the competition it means of course that the Iegitimate partners of PCT get Iess business. This is not good for PCT at aII.
Another thing that is very bad is that PCT appears to be unabIe to do much about this situation. I guess it wouId cost too much to sue aII these companies. Moreover, it may take a Iong time before a finaI court decision wiII be made. When there is a decision I guess these competing companies wiII have acquired their own EPA numbers.
I have noted that PCT is very cautious about mentioning the corona virus in its marketing. I have noticed that some of the companies using the PCT EPA numbers have adopted much more aggressive marketing referring to the corona virus directIy. I wonder if PCT risks Iosing its EPA number because other companies using the same EPA number are found to act in unacceptabIe ways in their marketing. The reIevant authorities don't know that those other companies are using the PCT number frauduIentIy.
Perhaps one reason for the PR yesterday was some sort of defensive action in reIation to the dubious marketing of some of the competition? It can be seen as a way of trying to prevent being assosiated with companies that market the product in ways that are not accepted by the authorities.
I am a sharehoIder of a company that Iost its pink sheet quotation and now has its shares trading on the grey market because of the way it referred its future corona virus test kits. It is common that the pps drops by 50% or more in such situations. Does PCT risk the same thing because of the ways a number of competitive companies are frauduIentIy using its EPA number without PCT doing much to prevent it? I do not know. Perhaps some other posters have the answer to this question.
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