PCT Ltd (PCTL)

[skitahoe]

If the company is on time, by the end of this month we should see the Annual Report, I don't know that we'll precisely make the $4 million in revenue that was predicted, but regardless, by comparison with 2019 it should demonstrate tremendous growth. I would think we'd also get an update to the forecast for this year, I don't know that they'll raise the $10 million estimate, though that is solid growth from 2020 itself.

If the petroleum trials have completed before the report's issued, we could learn about the results, and perhaps an increase in the size of the order or an order from other companies. Frankly if results are as good as is expected, triple digit millions of gallons could be ordered from the company and it's Level 3 distributors by the end of this year. Revenue could reach into hundreds of millions, and profits in the tens of millions.

For those putting down management, I will grant that Gary G's announcements, webcasts, podcasts, etc. have largely fallen flat. That said, the financials are a different matter and I believe if growth continues as it has since Gary assumed the CEO position we'll all be satisfied with the company before this year is over.