Replies to post #114761 on PCT Ltd (PCTL)

[emit]

What if fluid sales are as stated, however the number of system orders dwarfs that?

ergo: plants coming online


e

[greybeard34]

My concerns exactly

[AfternoonDelight]

I didn't read it the same way...at all.

PCT makes money off of every gallon of fluid sold....they aren't giving away anything. If it's "retail" sales then they make a lot more. Wholesale...not as much.

Every gallon of fluid produced by a distributor is electronically sent back by the HOCL generator to the mothership and they are paid accordingly. The distributor pays a leasing fee for the equipment and a per gallon fee for fluids produced.

Gary is behind the curtain and knows the details of how many/how much. He sees the revenue streams that we do not see.

The K and the subsequent Q's will show is what we are patiently waiting to see...

In the meantime, don't try to read too much into what none of us really know.

The fact that guys like DE (who HAS peeked behind the curtain) are buying the living daylights out of the stock lately tells me ALOT.

I'm solidly LONG!!

Roll PCTL Roll

[jimr1717]

Noted and Correct this scam is almost done

[namtae]

Now everyone knows what I've known for months and months.

Takes a bow

[Running Q]

Snow... I believe when talking about revenues Gary needs to talk in regards to past released reports otherwise it would be revealing material information...”What was stated is that sales and leasing of units was still the #1 generator of revenue but that he sees fluid sales surpassing this by the end of the year." This is true but let’s remember that Q reports are always trailing in terms of release dates.

Every released financial report indicates the above statement is true. And it wasn’t until April (2Q) that people were even concerned about cleaning fluids in bulk causing PCTL to transition focus and make a lot of short term cash. We are just finishing up the 2Q (April-June) and the financials won’t be released until 15 Aug and the 3Q (July-August) won’t be released until 15 Nov. Both of those dates are “by the end of the year”. Gary couldn’t say “this Q” because that would be a material disclosure. I’m fairly confident Gary knows exactly when fluids surpassed sales (it’s most likely happening in this 2Q) but he can’t divulge that information as that would be ‘insider info’.

Investors can only speculate with the information released, pictures of production facilities, etc on what financial numbers could be. We’ll know a lot more when the 1Q is released and A LOT, LOT more come mid August when the 2Q numbers are released. They will be very telling!

Getting the Indiana production plant cranking out high capacity, individual units is still being balanced with the demand of producing products in mass. Not enough hours in the day to do both. I believe in the next two Q reports we’ll see a bunch of “back orders” on the books for the units. Remember PCTL is a small, growing company with resource limitations.

[aandt]

Hey Snow, thanks for your thoughts, in some ways I agree with you, in others I am not sure. I too find the statement by DE about fluids vs units a bit confusing. But I am not sure that it I would take it quite so negatively. I believe there are a few plausible explanations or factors to be considered.

First of all, as someone else mentioned- the timing factor- Gary could be referring to when we will see numbers in reports. We won't see reports that show the fluid increase until Q2 is filed in August, at the earliest. Is he speaking in terms of reporting? Maybe? Maybe not?

Also, we should consider that there is quite a bit of revenue coming in from unit sales and leases. Maybe more than we realize. The last report we have (the 10Q from 3Q 2019) shows nearly $200,000 in product and leasing revenue. I think it is safe to assume that most of the product line ($110K) is unit sales since the company was producing minimal fluids last year. Leases were $79k, and from what we know now, there have been quite a few installations since 3Q 2019. So the lease revenue should be quite a bit higher. Unit sales? I think it is possible that they have sold more machines than we are aware of. We briefly saw a list from Sanitis that referred to many more machines in use than we have seen announced. Maybe the company isn't announcing every installation?

I think the reality is that we just don't know. But the negative view that says there must not be that much activity as previously thought is a dishonest view in my opinion. Gary has said that all segments of the business are "firing on all cylinders" that says to me that there has been activity with units, in addition to fluids. I don't recall what the price is for the high volume generator systems, but if they sold several of them, they would bring in decent revenue in addition to the growing number of leased installations.

We will know more soon... I would agree with a conservative view and tempered expectation, but I also think we need to be careful not to read too much into these statements.