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Re: None

Wednesday, 05/12/2021 9:02:44 AM

Wednesday, May 12, 2021 9:02:44 AM

Post# of 17833
Reasons to still be exicited...

I understand folks are frustrated, but here are some quick numbers that should still excite us for the potential of PRCX...


-2020 10q3 had HIGHER oil revenue then the same 10q3 period in 2019 (4+ million just for that quarter). That is important as it shows China demand had recovered from covid at that point which is now almost 1 year from current date. So expect numbers to be even better now.

-Total assets- total liabilities on the 10q3 is now the SAME as the current market cap (7.5 MILLION). So this is the bottom and with oil revenue increasing as mentioned above, Wandi deal EVENTUALLY being done, and Tech 99 getting done it is reasonable to assume this stock is only going up from here. Throw in a small float which seems VERY tight because we have seen high price jumps and falls with very little shares being traded in past.
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