PCT Ltd (PCTL)

[yorky]

Let's look at the other side of the coin.
To do a Buy Back that would reduce the share count below 100M shares at today's price .0108 would cost about 7M$. If the price rises to say .03 the cost would be 21M$.
This would be money that the co. needs to grow and does not have, currently they show a - 1M cash on the books.


So if they implement a reverse of 15 for 1 reducing the outstanding below 100M and the share price rises to .16 here's what happens.
Due to the stock being closely held the shorts go away.
It positions the co. to move to a better market.
Institutional investment money becomes available.
And most importantly it costs little and hurts on one.