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Saturday, July 31, 2021 11:23:21 AM
the naysayers, why would any company agree to a JV with PCTL? If you don't think PCTL is changing the way they do business take off the blinders.
1. Maverick is an oil company not an HOCL company. Why would they join a JV with PCTL...well the primary reason any company signs a JV.
There are three main reasons why companies form joint ventures:
A. Leverage Resources
A joint venture can take advantage of the combined resources of both companies to achieve the goal of the venture. One company might have a well-established manufacturing process, while the other company might have superior distribution channels
B. Combined Expertise
Two companies or parties forming a joint venture might each have unique backgrounds, skillsets, and expertise. When combined through a JV, each company can benefit from the other's expertise and talent within their company.
---Wow...this sounds familiar to the PR:
"For the purpose of testing and monetizing proprietary and patentable technology in the area of enhanced oil recovery. The JV will be known as Disruptive Oil & Gas Technologies Corp."
C. Cost Savings
By using economies of scale, both companies in the JV can leverage their production at a lower per-unit cost than they would separately. This is particularly appropriate with technology advances that are costly to implement. Other cost savings as a result of a JV can include sharing advertising or labor costs
--Cheaper for PCTL and Maverick means more profits!
2. PROTECT X--Why would they even consider joining PCTL or why would PCTL join them?
One important advantage of joint venturing is that it permits a firm with limited resources to enter more foreign markets than might be possible under policy of forming wholly owned subsidiaries.
PCT LTD (OTC:PINK “PCTL”) announces its recent agreement to form a joint venture with ProtectX International (“PXI”) for the joint and mutually beneficial market development and sales of PCTL’s Annihilyzer® Infection Control Systems, Hydrolyte® disinfectant and the surfactant cleaner known as PCT Catholyte, which will be re-branded by ProtectX under the “PureGen” nomenclature.
ProtectX has fully engaged in developing marketing and business development assets, such as sales personnel training, website development and other valuable tools to move the commercialization efforts forward quickly and effectively in the United States, Canada and Mexico.
Average brain suggests these agreements are financially beneficial and productive for all involved. I haven't even mentioned the third joint venture they have.
On top of that I'd expect another GLOBAL JOINT VENTURE for dealing in the UK.
A right local partner for a joint venture can have a major impact on a firms competitiveness because such a partner can serve as a cultural bridge between the manufacturer and the market.
PCTL is changing the way they do business. Smartly! The company isn't going anywhere with multiple arms in JVs except up! Revenues will start to flow in! I'd expect at a faster rate than we've ever seen!
Symbiotic relationships are good for both members...soon we all will reap the rewards. These JVs are another reason I added another 1/2 million shares to my already 10 million total!
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