PCT Ltd (PCTL)

[skitahoe]

I believe that both the annual and quarterly report will speak to tremendous growth coming, but will still show losses in the financial portion of the report. Losses are diminishing, and that should be clear, but initial profits won't be seen until they issue second quarter results. If they're on time, August should be when we see it, but that hasn't occurred recently.

I've never completely understood why companies hold things for the very last day whether they're on time, or receive permission to delay a specific number of days. I'd be willing to bet that in most every case they could be out a few days earlier, but they always seem to hold for the last day they're permitted to legally issue such a report. Frankly, little punishment is seen when companies miss these dates, but if there is punishment, it's probably a fine that shareholders don't hear about.

I would hope that not only do they issue the second quarter on time, but with it they conduct a webcast to discuss results. Most bigger companies have webcasts when quarterlies are released and if PCTL started to do them, it would be a sign of their growth. It would also mean they're scheduling the release as the webcast is normally scheduled a few hours, or day after the report is issued, and you know about it a week or more before it's actually issued.

Our CEO is not shy about doing Podcast's, I believe he'd do fine in a quarterly webcast which ideally would permit Analysts to question him after the formal presentation. People may not think we have Analysts following the company, but I think we'd be surprised to find that there are.

Analysts don't necessarily recommend a stock, though they may be following it. Generally they want it at much higher prices before recommending it. My point is that if they do ask questions, while the stock is trading for under a dollar, they'll be recommending it once it breaks through that threshold. I doubt if we'll see a dollar by second quarter results, but it may be far more possible when we release third quarter results, hopefully in early November.

Gary