PCT Ltd (PCTL)

[tsand]

Hey skitahoe, if a large quantity of equipment were shipped to the UK, and it sits on the dock for a month due to Covid delays, then takes another month or two to install...I don't see any revenues for a coupla quarters from this scenario. Additionally, PCTL-US is bearing the cost of materials and labor upfront for all units before shipment to the UK (unless per contract/partnership agreement with PCTL-UK they pay "up-front" manufacturing and shipping costs to PCTL-US before units are shipped). None of us knows what the extent of this UK partnership involves until we see this 2nd qtr 10-Q or a PR releasing this info after issuance of this 2nd qtr 10-Q(we may even have to wait until the EOY 10-K).

Sorry, don't mean to put doubt on a positive "bubble"!! Just being realistic with what is known.