PharmChem (PCHM) continues to perform well. The company makes a sweat patch to detect drugs. Revenues have been rising in recent years and climbed 20% in the first half of 2020 versus 2019. Net income climbed from $0.16 to $0.19 per share. We had a nice half hour call with CEO Joe Halligan the other day. One of the advantages of focusing on micro caps is the ability to speak directly with management. He has a wide level of experience, having worked for two companies that I remember from my childhood in Southern California, Fotomat, an overnight photo service (which probably seems bizarre to those under thirty-five) and Laura Scudders, a maker of peanut butter and potato chips. Page 5 We are expecting the strong sales for PharmChem to continue and possibly grow even faster in the second half of 2020. Added to that, the company has made it clear that it is for sale at the right price
Member Question and Answer Update 10/18/2020 ...geoinvesting.com › member-question-answer-update-1... https://geoinvesting.com/member-question-answer-update-10-18-2020/ 10 hours ago — Pharmchem Inc (OOTC:PCHM) -Medical Device; Clearpoint Neuro Inc. (NASDAQ:CLPT) – Medical Device; Information Analysis Inc (OOTC:IAIC) – Database ...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.