PCT Ltd (PCTL)

[skitahoe]

While I agree, this is huge, we really don't know the terms of the contract. I suspect they'll purchase, not lease, but regardless, they should get a substantial discount over someone getting one or a few units to sanitize one hospital.

Regardless of how they're going to pay, or where these units are to be made, this should be worth somewhere in the billions over a few years. This order is so big that it wouldn't surprise me if some, or all the equipment is manufactured in the U.K. It would take some time to set up, but it may be a logical way to handle this large an order.

I expect more details may be in the annual report when we receive it, but the real accounting for this won't be included until second quarter results are released, probably in August. I do believe that we'll be told a lot more about this between now and then. We knew the trial in England could be big with all the hospitals there, this is dramatically bigger as they're including so much more beyond the hospitals.

Gary