PCT Ltd (PCTL)

[skitahoe]

When it comes to a buyout, I believe there is a price at which anything is for sale. In the case of PCTL, I believe it's certainly somewhere in double digit billions, or perhaps high single digits.

Others have pointed out that others make our fluid, it's true. What's unique about what PCTL's doing is giving anyone wanting to make the fluid themselves the right to do so easily with readily available salt and water. In short, with little concern anyone can have an unlimited supply in not just the fluid, but a tracking system that tells them where it's been used, where it may need to be used, and if a portable device is being used to apply it, it's fresh enough to be effective. This is not simply handing the customer a product, it's handing them a system.

The deeper you dig into the company the greater you see it's potential can be. Certainly you don't get a $10 billion bid on a company with a market cap in the millions, but build that market cap up to a billion or more, than you might build interest in a buyout, and if you had a few bidders, it wouldn't take long to bid it up to $10 billion, or more. In that a $1 billion market cap represents just under $2 a share, I believe it's possible this year.

Gary