PCT Ltd (PCTL)

[RealDutch]

You can't use P/E for fast growing start-ups. What you can do is, use 10x revenues. Especially if margins are as good as they are here. Service revenue could even be 90% profit margin.

We have a run rate of $6M in revenue already. = $60M market cap = 0.06 pps with 1B shares outstanding. With a UK deal you can target 0.09 already. Actually we already have it. These SOB's just haven't disclosed it yet.

At some point we will have to use P/E. But not now. Let's say, worst case, growth stops next year at $15M in revenue. With a $5M profit and a P/E = 10 it's still a $50M market cap. Worst case. Or 0.05 share price.

Let it be clear, the reason why we are struggling at 0.03 is because of dumpage, nothing else. Destruction caused by dumpage.