Thanks patience, but I've never considered dilution as negatively as a lot of investors do, not if it's being done to grow the company, even if it doesn't look great at the time. I frankly hate it when I believe a better price could have been achieved, but an old broker friend once told me such actions often come about often are orchestrated to put a large block of stock in a bigger investor, or Institution's hands, so I accept the fact that these things happen.
I believe that companies often have to do some pretty bizarre financial things to work through the financial problems. I remember the story of how the founder of American Express couldn't make payroll so he took what he had to Vegas and got lucky. No telling where we'd be if he'd had bad luck, who knows, their might not even be an Amazon had the idea of overnight deliveries died in Vegas. Certainly others have done it, but not until American Express proved it could be done.
I don't know all the things PCTL has done in the past, frankly I don't care that much about it, I looked at what they're doing now when I heard about the company and said, I'm in. I believe their potential is limited by their financing, if they had substantially more money they could make even more. For now, it seems to me that they're concentrating on hospitals, and they certainly could be huge, but hearing about what's happening on the cruise ships, they too represent a huge market.
There are thousands on the ship that recently tested positive, it doesn't matter that less than a couple percent of those on the ship were positive because many may have been infected and not yet had any sign of it. As I understand it, they may be contagious without feeling bad at all, and many wouldn't test positive till a few weeks after exposure. The point is, it will be weeks before we know if those infected on the ship number under 100, under 1000, or more.
I don't know how long the virus can exist without a host. If it were clear that after one week there is no threat, you could tie up the ship, remove the crew, seal everything up, and a week later you could safely resume operation. But do they know this is the case, or could the virus live say in a moist place, like say the drain pan for an air conditioning coil, the ship would be infecting people immediately after resuming service. My point is, these things need to be determined, but until the do, a device like ours is needed to sanitize a ship that has infected people aboard.
Gary
