It's what I believe is happening. The part I can't resolve is HOW PCTEL will be producing revs for PCTL. We can determine from previous News, PR's etc. that when the "UK" orders a machine a 50% deposit is due with the PO.
Is there a throughput once they "own" the machine?
Is the 50% a deposit on the build and then throughput and leasing thereafter?
Also, is there another producer of equipment that can day in, day out make "Hospital Grade" HOCL? Not that I've found, but there are a few out there but precision and EPA registration are lacking.
It's huge either way, how huge, we need someone at PCTL to put it in an 8k, explain how the cow eats the cabbage. Hopefully we will learn a bit more in subsequent events.
Just like the eON Walmart/Target/CVS/Kroger blunder.
Piss-poor IR/Contract agreements/Stock-price... Only people that knew about it was us. This company could done had pps at .1+ with all its technologies.