PCT Ltd (PCTL)

[Mugwumps88]

So a few things jumped out at me in the 10k

1. no legal actions pending

2."other expenses went from $16M in 2019 to $8M in 2020\\

3.We ve been leasing space in Fort Wayne since Nov. 1

4. And of course the annual revs increased from 708K to 2.5M. While well short of guidance GG issued its still impressive.

My thoughts are that revenues were far slower to hit the coiffures than expected and they didn't have enuf cash to keep a good stock of inventory, thus the influx of cash from RB. BR has mentioned several times that he is lending money for the purpose of funding growth.

Anyone care to comment or add?