As a fairly new investor in PCTL I believe that for years they've had their struggles surviving, and I suspect that the delinquent quarterly and Annual Report will show this. However, I don't believe this is still the case, and I believe we'll be told in the Annual Report how much things are looking up in the future. The next quarterly won't show a profit, though Gary (not me) indicated they profited in March, but again I believe they can discuss the future in the report, and that should spur interest in the company.
All this should change when second quarter results are issued, hopefully by early August. I don't know how great the profit will be, but it should be very positive news, and each quarter thereafter may be stronger. Of course this doesn't mean the company won't need additional money, when you're growing, you very well may need greater funds to expand, and I believe we'll be expanding dramatically. The good news is our share price will be so dramatically higher that a million share might bring in well over a million dollars.
Time will tell, but if PCTL isn't bought out before, I wouldn't be surprised to see their equipment in most hospitals around the world. Likewise it will be used by all sorts of companies who clean and sanitize businesses all over the world. I would hope they have an inexpensive model that has sufficient capacity to sanitize a home or small office, even if it's just once a week, my point is that I believe that such a device would sell well and make us all feel better about where we live, work, shop, and eat.
While I believe that having an electrostatic sprayer to spray our solution would be great, it still would mean getting a supply of the solution on a regular basis. The idea of having a device that simply uses water and a salt to make the solution as we need it is so much more desirable. Whether it's built into a single device, or two devices, one to make the solution another to spray or mist it, won't matter, if it's priced fairly, it will sell.
Gary
