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Saturday, April 17, 2021 7:29:00 AM
As usual, I appreciate yours and aandt's most-excellent DD and connecting the dots for those of us that are DD-challenged.
I've said this many times, but like you, I initially invested in PCTL because of one thing and one thing only: HAI prevention. As you pointed out Healthcare Associated Infections (HAI's) are a MULTI-billion dollar liability to healthcare and insurance hospitals. According to a google search: "The overall direct cost of HAIs to hospitals ranges from US$28 billion to 45 billion.
The indirect costs associated with HAI's is estimated to escalate into the $150 Billion range. Currently my aunt is entering her seventh week of a post-op hospital stay for a back surgery (that should have been a couple days in the hospital) because of a terrible HAI she got that has ravaged her neck and spine. She will have grotesque life-long scarring and it almost killed her. Totally preventable and completely unacceptable.
That portion of PCT's business model is still attractive to me and as you said, while covid helped PCT generate additional and unforeseen profits through fluid sales, it severely hampered them and in some cases completely SHUT DOWN hospital installations because of covid protocols.
The most attractive thing to me as an investor and someone who doesn't knee-jerk every time the share price pops or dives is the O&G sector. The AG applications are encouraging as well.
The future is bright for this company. I agree wholeheartedly with everyone else that there HAS to be a change in management and they need some new, more polished, energetic, and professional additions to the team.
With the right leadership the sky is the limit.
Roll PCTL Roll
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