InvestorsHub Logo
Post# of 200700
Next 10
Followers 49
Posts 5072
Boards Moderated 0
Alias Born 03/23/2014

Re: Egold post# 135849

Thursday, 10/15/2020 8:54:29 PM

Thursday, October 15, 2020 8:54:29 PM

Post# of 200700
you wrote:

1 year ago the SP was .0027 today it closed .0261 Sounds like a good 1 year return to me lol.


That might sound good to you if you were fortunate enough to have bought your shares for a fraction of a penny.
However, I have bought shares at a variety of levels between 1 ct to 9 cents.
So the return in the past 6 months is not good ... based on the current $0.026.
I do see reasons to be cautiously optimistic, such as the developments in the UK. I would rather be very optimistic, which could be achieved if Gary provides additional details about the revenue/profit split (after PCT Europe partner & the UK distributor get their splits), and perhaps provide his thoughts on the number of orders he can envision in the next 12 months (and to what degree he feels that a UK economy shutdown due to covid could hamper this).
And the overall optimism would also increase (as would the SP) if Gary provides more details about how many additional months he thinks it might take to get rid of remaining toxic debt.
Also if he could provide more detail about possible improvement of the COGS ratio and the ratio of the "General and Admin" expense as compared to overall revenues. It is hard for the company to make a profit if General and Admin expense runs at 67% (but this is a good improvement over prior 5 quarters which were running at 200-350%).
I also envision a good improvement in SP if the Q3 comes in at $1.3M or better (and my assumption is that it will show a Net Profit), especially if some of the ratios have improved and perhaps Gary will provide a further outlook for Q4.
I also envision a good improvement in SP if GG can provide updates on location reasonably priced funding for the manufacturing of good sized orders of Annihilyzers and Large Volume machines. He once mentioned "seeing a need for 25 or more machines per month" ... that sounded optimistic, but he has gone silent on this topic.
Gary has had some opportunities to provide more clarity in their recent CC plus a podcast, but hopefully he can provide a bit more.