Friday, April 16, 2021 5:42:20 PM
I think your post is essentially on the money, but I also believe that Gary G had valid reasons to believe in the $4 million figure he expressed for last year, and he has valid reasons for anticipating $10 million this year.
I don't know what others thought, but I still believe that in time PCTL Europe will be bringing in many millions annually. I think GaryG thought that would be the case last year, but clearly it wasn't. Let's see how this develops in the next few years, $10 million a year or more could easily come out of Europe alone if the British act on there plans to sanitize their hospitals.
As for petroleum, lets see how our products do in trials. All the early evidence seems to say it's going well. If that's the case, do people here believe that Maverick will be the only company looking to buy millions of gallons from us. I frankly believe that worldwide, the potential will go into the hundreds of millions or more, but it won't happen instantly, as we don't have the capacity. I expect the number of Level 3 distributors to grow substantially, and over time multi-million gallon orders may be filled with the combined efforts of multiple Level 3 distributors plus the company. Much the same may be true for agriculture once the benefits are established.
I do believe Gary G owes us an update on things like the status of moving to the OTC as well as the trials. I believe if the first quarter results due in a month show growth that warrants the $10 million estimated for the year the share price will be up dramatically. We don't need to do $2.5 million for the quarter, but something in the $1 million range would show the growth needed to ultimately reach the overall goal by the end of the year.
Gary
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