DD Support Board and Research Team

[namtae]

Sorry, just not true

Statement #2 refers to the poorly the company is run

A company can be operating in the black, even substantially profitable yet show a net loss due to other, non cash items, such as derivative liabilities.

These derivatives are paper entries on an income statement that do not reflect how well or poorly a company is run. It does not suggest the company SPENT $10m over 9 mos.

With regard to the following:

Derivative liability or not it's PCTL is a money losing venture that is struggling with expenses and isn't capable of managing the added expenses of an increase in business operations.

PCT wasnt (past tense) struggling with expenses, more like struggling with revenue, which I guess is just as bad. Few can argue it wasny managed well based upon the Sept 2019 10Q. Regarding managing an increase in business, I cant agree. Their increase in business has been supplying users with fluids, which is a simple process, not very expensive at all. Also, the CEO claims the company has reached profitability in March 2020 with rev's growing exponentially. Their core business of hospital systems which generate recurring revenue will require capital to meet growing demand

To dismiss their ability to manage the recent good fortune is premature imo. Of course, using math we can determine 99% of pink sheet stocks are worthless crap, therefore the company is crap.

Not agreeing or disagreeing. Making the point derivatives can mislead investors. It's possible those derivatives add $10m in income on next report, based upon how the price of the stock moves. IT could show the company with a $7m profit all because of derivatives. I know it would be BS just like the $7m hit they took in Q3 2019.

Curious, had that been the case, would you have championed the company because it made $7m profit??