PCT Ltd (PCTL)

[skitahoe]

Snow,

I really don't like Reverse Splits used in that way as shareholders generally see diminished equity in R/S's. I believe that one solidly increasing revenue is documented for a few quarters the Nasdaq can be achieved without a R/S, that's the proper way of doing it.

I believe a share price of a dollar or more is very achievable this year, by next year we could be meeting all Nasdaq requirements. I see no reason of pushing the negatives attached to a R/S just to slightly shorten the time to get there. I know people say you lose nothing in an R/S, but I've never seen one where the price didn't go down substantially, even if it did regain its prior value in time. If our share price were $1, a R/S would probably have to be 1 for 10 to assure a $4 price after the negatives associated with a R/S, certainly in time it would return to $10 or more, but had the R/S never occur, it's likely if would be $4 by that time, and would qualify for the Nasdaq without the R/S.

It's a slightly different matter when a Nasdaq company is forced to do a R/S to remain on the Nasdaq, but even then it often takes quite awhile to recover from the R/S. Our current O/S is not so high as to require such an action, this company should easily reach a market cap well into the billions, and that will put us on the Nasdaq without an R/S.

Gary