As we await the conference call, here are my thoughts and expectations-
First of all, as I often say here, those who have been paying attention to the DD being shared know that things are happening for PCTL on multiple fronts. This is not a one trick pony, waiting for that one thing to happen to take us to the promised land. There are multiple irons in the fire and we have actual threads of DD research to verify that these things are in the works. I expect an update on several big pieces that the company has been working on, I am hopeful that one of the “irons in the fire” is ready for action. We could get a surprise that something has fallen into place but we already know that there are several things in the works that could be ready for action.
We know the company has been working on developments with Oil&Gas. This has been talked about off and on for quite a while now. We know that PCTL has been working with Clearpoint Chemicals and Clearpoint now has three sub-registered products in the works. We know that the potential for fluid demand in the Oil&Gas is huge, and it is not a temporary flash but rather a sustained market.
We know that the company has been working on agricultural uses for their fluids. This is not an easy process, but once the approvals come through, this will be another huge market for fluids.
We know that the UK deal is real, it has been in the works since the end of 2019. It has been slowed by Covid restrictions, but we can tell from our research that it is very much alive and possibly hitting its stride now. We could hear some solid updates that confirm that this deal will propel us forward. We know that NTH Solutions is a real partner in this, and we know that Filta Group is involved.
We know that PCTL’s fluids are being used in a growing number of places nationwide. We know that the distributor network has grown from less than 5 at the beginning of 2020 to now 24 officially approved distributors. We know that product placements are now appearing all over the place, those who are tracking this have found over 100 placements and the list is growing weekly. We also are seeing signs of international product placements in the works.
We know that PCTL’s machines are in demand, they are well liked by those who are using them. The medical field does not make changes on a whim, they follow a methodical process of testing and approvals for good reason. But as PCTL does the hard work of walking out this process with decision makers, the placement list continues to grow. Each placement adds to the growing wave of machine lease and service revenues.
Going into the conference call I expect to hear updates on these developments that confirm many of the things we have been learning in our research. I hope to hear solid guidance confirming record numbers for 2020 and beyond. I am not going to guess wildly, but I am hopeful for a confirmation of Gary’s earlier 4M number at minimum or an upside update. We also will have an important update on the debt situation, those who have been watching this have noticed that the debt is being dealt with aggressively, that is a good thing that will set up this company for the future. What was once a huge red flag could be cleaned up and in much better shape very soon, if not already.
I don’t expect we will hear finer details of product pricing or distributor rates, that should not be expected from any real company.
I suggest we keep expectations grounded in reality, but there is much to be hopeful about. IMO the current price is priced with doubt due to past frustration with filings, etc. Many of the above things are not priced in, as the market looks with skepticism. I believe that as the sentiment changes we will continue to rise going forward. I am hopeful that the company provides some solid updates that will provide clarity and confirmation that the company really is firing on all cylinders. I believe it is from my research but the market needs to see it in black and white…
First of all, as I often say here, those who have been paying attention to the DD being shared know that things are happening for PCTL on multiple fronts. This is not a one trick pony, waiting for that one thing to happen to take us to the promised land. There are multiple irons in the fire and we have actual threads of DD research to verify that these things are in the works. I expect an update on several big pieces that the company has been working on, I am hopeful that one of the “irons in the fire” is ready for action. We could get a surprise that something has fallen into place but we already know that there are several things in the works that could be ready for action.
We know the company has been working on developments with Oil&Gas. This has been talked about off and on for quite a while now. We know that PCTL has been working with Clearpoint Chemicals and Clearpoint now has three sub-registered products in the works. We know that the potential for fluid demand in the Oil&Gas is huge, and it is not a temporary flash but rather a sustained market.
We know that the company has been working on agricultural uses for their fluids. This is not an easy process, but once the approvals come through, this will be another huge market for fluids.
We know that the UK deal is real, it has been in the works since the end of 2019. It has been slowed by Covid restrictions, but we can tell from our research that it is very much alive and possibly hitting its stride now. We could hear some solid updates that confirm that this deal will propel us forward. We know that NTH Solutions is a real partner in this, and we know that Filta Group is involved.
We know that PCTL’s fluids are being used in a growing number of places nationwide. We know that the distributor network has grown from less than 5 at the beginning of 2020 to now 24 officially approved distributors. We know that product placements are now appearing all over the place, those who are tracking this have found over 100 placements and the list is growing weekly. We also are seeing signs of international product placements in the works.
We know that PCTL’s machines are in demand, they are well liked by those who are using them. The medical field does not make changes on a whim, they follow a methodical process of testing and approvals for good reason. But as PCTL does the hard work of walking out this process with decision makers, the placement list continues to grow. Each placement adds to the growing wave of machine lease and service revenues.
Going into the conference call I expect to hear updates on these developments that confirm many of the things we have been learning in our research. I hope to hear solid guidance confirming record numbers for 2020 and beyond. I am not going to guess wildly, but I am hopeful for a confirmation of Gary’s earlier 4M number at minimum or an upside update. We also will have an important update on the debt situation, those who have been watching this have noticed that the debt is being dealt with aggressively, that is a good thing that will set up this company for the future. What was once a huge red flag could be cleaned up and in much better shape very soon, if not already.
I don’t expect we will hear finer details of product pricing or distributor rates, that should not be expected from any real company.
I suggest we keep expectations grounded in reality, but there is much to be hopeful about. IMO the current price is priced with doubt due to past frustration with filings, etc. Many of the above things are not priced in, as the market looks with skepticism. I believe that as the sentiment changes we will continue to rise going forward. I am hopeful that the company provides some solid updates that will provide clarity and confirmation that the company really is firing on all cylinders. I believe it is from my research but the market needs to see it in black and white…
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