Evaluate,
I believe we've made tremendous headway this year in eliminating toxic debt and reducing outstanding warrants tremendously. Through the third quarter we've earned less than $2 million, yet we made a small profit. I believe that much of the $2.2 million anticipated this quarter will be profit, and therefore I believe that our operational costs next year will run in the $3 to $4 million range. If we earn $10 million, I believe we could profit somewhere between $6 and $7 million.
Something we all need to realize is that once we set up a hospital or Level 3 distributor, we'll be making money at practically no expense to the company as long as they continue to function. The more equipment we place, the greater our income for the foreseeable future at nearly no cost to the company. I believe with the toxic debt paid off, our profit will rise dramatically. I also think that $10 million for next year could be substantially below what we actually earn, especially if PCTL Europe brings in substantial business.
I believe that Gary has done a great job in positioning PCTL for success and that success will become more apparent with each new financial filing, as well as news on new distributors and Annihilyzer placements.
For those who purchased last Thanksgiving, and didn't purchase higher priced shares since, you're really quite profitable this Thanksgiving. Many of the rest of us may be down slightly, having added at higher prices, but I believe we should be thankful for what Gary has put in place, and I don't believe it's been properly valued by the market. I believe we should be thankful for what's happened, even if it can't be seen in the share price.
Have a Happy, safe and healthy Thanksgiving all.
Gary
