PCT Ltd (PCTL)

[skitahoe]

I want to trust management, I try to support management, but management needs to not commit to what they cannot deliver. I'm speaking of course to the financials.

There probably hasn't been a week in the last couple months when someone either spoke with Gary, or with our new I-R person and was assured the annual report would be out by the following week, at the latest. That doesn't garner support in management when it doesn't happen.

We need management to say, we've been told by the auditor we'll have it by next week, but we cannot be certain until we have it, and are satisfied with what's in it. I can live with that, but constantly getting promises that are not fulfilled makes me question management.

I believe we're big boys, we can take the truth, don't tell us something you know we'd like to hear if it isn't the truth. I don't want to call the company until the financials are out, at that point there are things I'd like to discuss, but prior to then, I don't want to be assured that something will happen that hasn't happened for all the others who called.

Covid-19 is certainly a problem, and frankly it's providing this company with a tremendous opportunity. To benefit from the opportunity we need to be known, and to be known, our stock needs to be one that people are talking about, and recommending. People don't talk about the stock when it's not moving up, and it's the delinquent financials that are causing that. I don't know what they can do after telling the accountants that they'll be getting a new one to push them to get out the report, but if they must, give them some financial incentive to deliver.

I would hope that they already have a new accountant that's helping them assemble the second quarter results. No doubt that cannot be finalized until they have first quarter, and that can't be done without an Annual Report, but it's time for all of it to come to fruition.

Gary