What will the Oil~&~Gas test-results mean revenue-wise?
Would you spend $200 to buy an additive, when added to your fuel tank would allow you to get 300 to 400 miles per gallon? That's kinda sorta what PCTL can do for owners of dried-up low oil-producing stripper and marginal oil wells. Oil producers will receive a humungous return for the small amount the PCTl process will cost them. with added benefits of being EPA approved, saving groundwater etc etc.
Every test has been better than the previous one. This final test result is the big enchilada. Once released it's time to sign up the customers, Oil money is big money, millions on millions of gallons of Catholyte will be needed.
Oil producers are well aware of what going on, they know Holcomb, he already works for major oil companies with nanotech. However, catholyte might be the perfect catalyst for this tech with oil recovery.
PCTL already had 1 oil deal for a million gallons, which might be worth in the neighborhood of 4 to 5 million dollars.
These new deals will be much bigger, many deals the same size, even smaller deals will be in millions.
Therefore when tests are complete, if and when the deals are completed, will require PCTL to up their projections of 10 million for 2021 to maybe 20, 30mill or more
The oil test thus far proves oil production will increase significantly, huge money is involved for oil producers to make, recovering oil from their low oil-producing stagnant oil wells, for them not to go all in.
Simply put, would you spend money to buy an additive, when added to your fuel tank would allow you to get 300, 400 miles per gallon? Not an exact ratio but the example is sound. The oil producers will get a humungous return for the small amount PCTKs process will cost them. with added benefits of being EPA approved saving groundwater etc etc.
Look for PCTLs distributor Maverick to be a big player here, they are oil men, and have connections in the industry. Also, they have money to grow and meet whatever the need may be. I predict they will be PCTLs number 1 distributor.
At least until Agriculture gets going. But then there is the UK...
