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Saturday, May 13, 2023 5:53:13 PM
1) 15-20 machines end of July;
as usual more promises in the future
Key difference vs past promises... they already have 10 in service. Then 5-10 more within 30-60 days. Short time window implies that orders are likely already in hand and machines are in production, IMO.
5) huge smart news company hired sales on a commission basis;
Whats huge about it? Results are what counts and theyre still not there
Many have been calling for a focus on building a sales team, including some of PCT's loudest critics. Of course we need to see results, but it should be seen as a positive step IMO.
expected revs of $2-400k annually.
What is the basis for this number?
With 15-20 machines operating at minimum, reasonable projections should be higher IMO.
When in the companies history have they ever added 15-20 new machine agreements in a year's time? That alone is a very positive development IMO. And it shows that ramping up in O&G should be much faster with less resistance, IMO.
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