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Re: HorizenBull post# 135690

Wednesday, 10/14/2020 3:51:27 PM

Wednesday, October 14, 2020 3:51:27 PM

Post# of 200690
I love when posters claim something is "baked" into the price when it hasn't even happened yet.

If anything this thing is terribly oversold due to the terrible management of communication and information released to the public by upper management.

The market cap currently hovers around $15-16 million while we are likely going to hit $3.5-4 million in revenue this year. That is absolutely comical and shows the inept abilities of OTC traders. Frankly this is the reason why many can make good money on the OTC because of the emotional nature of OTC traders and their short term view.

Let's say PCTL does $3.5 million in revenue this year (low end projection) - let's also assume COGS to be in the range of $1-1.5 million... That means PCTL nets $2-2.5 million. Why would a company growing and expanding it's influence over the market so rapidly be given a PE ratio of roughly 7? That is absolutely absurd given the ridiculous PE ratios many companies are getting in this age. This PE ratio should be closer to 30-40 based on YOY growth of 400-1000% over recent years.