I welcome that poster to explain but the twitterers folks make it seem like the 44M is the entire float not held by large/known shareholders.
PCT is now at the resistance level ~11. Now the question is which button to press first? BUY or SELL? What is the probability of it - going up 20% - going down 20% over the next few weeks?
Yeah I had a feeling when I read that you knew what you were talking about, and that was what you were referring to. That is why I deliberately put that caveat in there... because anyone else ... you have to consider it is ET afterall. Most can read a chart of what happened yesterday, but understanding how a startup like this works, not real shrewd. But that's ok. Anyway... keep us updated.
After watching several hours of Koch Modular videos the scalability of PCT is more apparent. Great partner company. Interesting stuff!
KraussMaffei, Gulfspan and Koch Mod are the main equipment partners. KBR is the GC for Augusta. You will see all A grade players in their spaces - that’s where the money is going and work currently happening. Augusta will take half the time and half the cost compared to Ironton. (Per line)
Within the past month PCT posted the following job description in Durham NC Temporary POLYMER ANALYTICAL TECH Oct 10, 2024 Job Category: Engineering and Science Requisition Number: POLYM001048 Schedule: Part Time Job Location Type: On-site Durham, NC 27703, USA The Temporary Polymer Analytical Technician is a member of the Research and Development team. This individual will interact with all members of the R&D team as well as stakeholders in the sales and feedstock procurement team. This individual must have the expertise to operate several polymer analytical instruments and the willingness to lean more. This position is a temporary position that will be hired through a local employment agency and will not be a direct employee of PureCycle Technologies, Inc. Durham is a hub for research. We went to visit, got the attached images. Nobody was there. The front door had a realtor type lockbox. There was a. coat on a chair. Lights were on. Looking back I could see lab type equipment, a computer was on with a graph on the screen. Lab door seen from the front said it was the polymer characterization lab, door seen from the back said process development lab. While peering in the windows, the lights went out...I did see a camera aiming at the back door, did not look from the front. We saw a neighbor who suggested she had not seen much going on there for a couple weeks, maybe some folks going in the front but it might have been another tenant. Prior to that there was a flurry of construction.