PCT Ltd (PCTL)

[skitahoe]

I believe we'll see the Annual and quarterly reports in the next week and hopefully that will clarify at least a few things. For one, I hope it establishes some targets for what's to be delivered in the U.K. agreement, and how quickly they anticipate it happening. While I believe over the course of this agreement hundreds of millions will be paid, it's currently impossible to say over what period. To me it's not clear the units will be manufactured here, or if they'll set up manufacturing in the U.K., the only thing that's clear is PCTL will make money.

It's the later quarters and beyond that will really establish earnings potential and growth. While Gary indicated 40% growth month over month starting in July, as I remember it, that rate of growth can't be sustained that long. Most companies would be thrilled with 40% in annual growth, some perhaps for a decade, if based on the added distributors and manufacturing capabilities they achieve 40% month over month for even a few months, we'll be sitting on some very substantial earnings by the end of the year.

I believe in many of our distributors who've been contracted to sanitize hospitals, and other places for years, you'll see them migrating the facilities they're working from manual to the PCTL system whether they install and use the system there, or sell the facility on purchasing it. Either way it can produce better sanitation, and reduced costs over time. Perhaps the biggest gains may take awhile to determine, but they'll be in the savings hospitals will achieve in reducing the cost of hospital based infections.

I would hope that by this time next year we've returned to a more normal lives, it could happen even sooner if a therapeutic is found that lowers the threat of covid-19 dramatically, or later with a vaccine, but regardless, improved sanitation will be something that will remain long after the pandemic disappears, I believe we're ideally positioned to provide for that happening.

Gary