PCT Ltd (PCTL)

[skitahoe]

If you read their recent letter, I believe they're doing both. They indicated that installing units in hospitals in all the chaos isn't happening, but they continue to build them.

As I gather it, they have some much bigger units intended for mass production of the fluids, they're keeping them running full time, I don't know that they're building more of the massive sized units.

It will probably be two months or more before we'll be on the down side of the peaks in most States, perhaps at that time new hospital installations will be able to get started as they ease restrictions on traveling. I frankly believe that we'll be living very differently until we feel we're protected either by a vaccine, or have drugs that greatly improve the treatment, so it's not such a threat to all of us.

I hope I'm wrong, but I really wonder when we'll be able to feel safe about being in a room full of people, or eating in a crowded restaurant. It may be much longer than most think, and if that's the case, I believe the only way many businesses will survive is if debt is simply forgiven, or to put it another way, all are made whole by the Govt. essentially paying all the bills while businesses were closed, or the Govt. paying the difference for places that stayed open but clearly revenue was substantially diminished. It's a nightmare, but without such action it's doubtful that employment will return to prior levels for years.

Gary