PCT Ltd (PCTL)

[Egold]

I did, I spoke to Mike Lorano the IR a week or 2 ago. He knows the O&G industry very well. He's really excited about the field trial results in GC. He thinks if GC was producing 14+% with an API of 15 OK should show considerably better results. He thinks Nano-Cath and Anolyte will be a game changer for the stripper well EOR sector. With 70+K stripper wells in just OK that can keep this vertical of PCTL busy for a long time.He doesn't think big oil companies are going to knock on PCTL's door right away bc big oil companies are into primary and secondary oil production. Since there is no competition among stripper well owners word can spread quickly on what's working for them.

On a down note just like last year in GC the fridge weather could play a big factor in OK. This could delay the results of field trials a bit.

He's also excited about Mike Sims. Obviously he can't say a lot about him bc of insider info but did say 2.5M is a lot of money to invest in a company.
I asked him if he thought Sims was going to be Co-CEO or CEO and his gut said no. He thinks Sims would be an advisor vs an officer. He didn't think Sims would have the time with his other interests.

I asked about PR's bc it seems they have slowed. His answer was kind of what I thought. A lot happened in Q4 that needed to be PR'd.

He doesn't know for sure bc he's not involved in the hiring process but they have interviewed some to head AG.

Talked to him 45 minutes or so . Frankly some have given him a bad rep which I think is unjust. He can't give out inside info so if anyone is planning on calling him don't ask. He will talk to you all day long if you approach the call like a conversation and not trying to squeeze him for info. I don't ask about revs or anything the company has not released. I've done my DD on PCTl which makes it easier to talk with him.