PCT Ltd (PCTL)

[skitahoe]

You're right we should be thrilled, but we won't be because our CEO said it would be $4 million. I would have no problem if he came out and said he substantially overestimated, but he didn't. I believe he led that they might be a little short, that's why $3.5 million or more would be satisfactory, $2.8 is substantially less than being a little short.

Don't get me wrong, the company's growth has been excellent, but over time revenue must become profits. I believe that our distributors are profiting, the parent company must also be able to do the same. I believe it will happen, especially as more successful distributors are added.

I believe that in petroleum and PCTL Europe we could see $10 million or more annually alone provided that their trials are successful. If we do see $10 million, $5 million of it ought to be profit.

Gary