PCT Ltd (PCTL)

[skitahoe]

You may be right, but it's also possible that a multi-million dollar expansion of their manufacturing capability may be warranted, and the money they're bringing in may not support that kind of growth. Some of America's biggest companies often routinely sell stock to grow even bigger, and investors are well rewarded by the growth of the corporation.

I don't fight dilution when I believe it's for the right reasons. Sometimes that reason may be to stay in business, as they're not earning money. In other cases it's to grow. I believe this company is at the point where they no longer need to dilute to stay in business, but they may be at the point where they'll need it to grow. The good news is if they do, they'll be getting far more money for each share they need to issue.

Gary