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12/12/20 10:19 PM

#144921 RE: niczar #144916

you wrote (regarding fluid sales):

... the ridiculously low prices he's selling it for.
Revenue numbers should have been extremely higher with the supposed fluid sales.
My thought is that it's being basically given away for whatever reason.


You do not know what PCTL has been selling their fluid for - per gallon.
What we do know from the quarterlies, is that Product revenues were over $1.2 Million for the first 9 months, which is quadruple that product sales of all 12 months of 2019.
AND:
based on the $4 Million revenue forecast for the full year 2020, I am guestimating that the product sales in just Q4 could wind up being $1.2 Million as well (just for that last 3 months of 2020).
(Plus: Licensing revenue of around $200K and Equipment lease revenue of around $700K, for total Q4 revenue of around $2.1 Million ... that would get us to the forecasted $4 Million).
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zombywolf

12/13/20 12:10 AM

#144933 RE: niczar #144916

You just said it-there are hundreds of producers. Hundreds of producers equals competitive market.