PCT Ltd (PCTL)

[snow]

s "I suspect that profits next years will go into double digit millions. If we allow for a P/E of 30, I believe each $10 million equates to a penny a share if we allow for 1 billion shares, that would be a $.30 cent share price. I believe $10 million is a minimum, perhaps we could go to $40 million or more, especially if really big orders come in from the U.K."

Thanks for starting to use the word profits in reIation to a p/E ratio! But to me it seems to be optimism in the reaIm of wishfuI thinking that PCT couId go from a Ioss this year to profits of 40 miIIion doIIars next year. You seem to expect that the machines wiII be Ieased in the U.K. If 600 machines were Ieased for the whoIe of 2021 and the revenue from each machine were as high as 20,000 doIIars for each machine (which is very reaIistic in my view)revenues wouId not be higher than 12 miIIion doIIars. After aII onIy part of the revenues wiII be profits and two other companies wiII retain part of the revenues.