PCT Ltd (PCTL)

[skitahoe]

PCTL is trading on the Pinks right now, a move to the OTC is a move up, and one they should be able to make, probably after all financial filings are in and they're current on everything.

The Nasdaq is a big step up, requiring a $4 price, but I believe the AMEX which is owned by the Nasdaq has a $1 requirement. I believe that when we see third quarter results it may justify that $1 price, or more.

Frankly it's foolish to make the listing requirements based on stock price, rather than market cap. Because of the O/S when PCTL reaches $1 it will probably have a market cap that's far greater than a large percentage of the companies that trade on the Nasdaq, sure, they could do a 1 for 4 reverse split to qualify immediately, but for what reason. Historically, even when R/S's are done for the best of reasons, shareholders suffer, at least for awhile as they're viewed so negatively. Why do it, if they keep growing, it won't be that long before they can qualify without the R/S, that's doing it the right way.

Gary