PCT Ltd (PCTL)

[falon]

PCTL management has too much invested, worked many years,overcame insurmountable hurdles to get the Annihilyzer in the marketplace.

I cannot fathom PCTL letting any filing be late without filing the proper paperwork as they did today.

They have viable products they are selling like hotcakes and one of which (Infection Control Systems) their industry peers are saying they can't keep up with demand.

My gut tells me PCTL is up to something that is very beneficial to the company.

It could be a Deep Pocket Investor.

It could be a merger.

It could be a buyout.

The ball is definitely in PCTL court and how they handle it hopefully will be masterful.

What is intriguing is the cash flow and the need for at least 25 systems a month starting in July which is about 45 days away.

The conversation then turned to dilution and outstanding shares. Grieco noted that dilution occurred prior to January 2020, but shared that any shares that are currently being issued are meant for growth. “We are in a position as a company on a cash flow is the being issued are meant for growth. “We are in a position as a company on a cash flow basis to cover the burn-rate,” said Grieco. “So, we finally have free available cash flow,” he added. “We have to expand very rapidly. We see a need, starting in July, to start delivering at least 25 systems a month,” said Grieco.

I think they are going to need some serious cash to build at minimum 25 systems a month.

I think people truly understands what a viable position PCTL and similar companies are in with arrival of the Pandemic and the tools these companies have to combat it.

Happy Trading and stay safe during your flight duties.