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Friday, September 25, 2020 1:58:42 PM
I have not ever talked to Gary or anyone at the company but I have done plenty of research. The third quarter has been a remarkable quarter for sure, I expect we will hear some very encouraging news on Tuesday.
Those who have been paying attention know that these prices will not last much longer.
Here is a quick summary of what we know has contributed to a remarkable quarter-
- distributor contribution- there are now 24 distributors approved by PCTL. Only a few (between 5 and 10?) contributed to Q2. But as I showed previously, many more were ramping up production at the end of Q2 into Q3. So a huge increase in revs just from distributors.
- machine installations- leases just keep increasing. The previous quarter is a starting point, each new installation adds to this number. There have been quite a few installations from the end of Q2 and into Q3.
- continued fluid production from PCTL. We know they added fluid depot's in Indiana and Florida, those will add to fluid sales numbers at PCTL rates per gallon, not the distributor number. We of course don't know what that number is, but it will be revenues that were not in existence previously.
And looking forward, we know the UK deal is actively being implemented with NTH Solutions. This update should be a good one as well. Sure it has taken longer than we hoped... but it is definitely happening.
Recent PCTL News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/05/2023 02:05:09 PM
- Form 15-12G/A - Securities registration termination [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 07/18/2023 07:06:52 PM
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 07/13/2023 04:32:57 PM
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