PCT Ltd (PCTL)

[zombywolf]

I speculated as well if the 1Q fins are below $1 mil, no chance they hit the $10 mil figure for 2021. Oil and gas business wouldnt kick in until (IMO) the fall at the earliest, especially considering now there are future test phases involved. So we will get about 3Q's with just the last Maverick order included. I cannot imagine a jump from a $500 mil 1Q to a multi million 2Q, which would absolutely have to happen to get anyway near that projection. Can it happen, sure.

What concerns me the most is the company attitude about filing fins. There was absolutely no reason to make the changes they did so close to the filing date, guaranteeing late fins. That should have been done in January at the latest. Especially on the heels of trying to go QB. What if the QB was awarded, would they have been late on the first filing out of the box?They didnt know in January what was going to happen with the QB, so they would be late either way. I hope I am wrong about my growing feeling no news is bad news from them about these fins. They are playing with dynamite because of the new SEC crackdown on OTC fins, and not getting any warm and fuzzy from them right now on that. It is nice they did something by putting in new people and systems, hope they dont screw it up like the last time they reorganized the accounting.