PCT Ltd (PCTL)

[aandt]

Many would agree that management/leadership has been an issue at PCT.

The action plan towards recovery delivered in this podcast consists of operations that should have been implemented years ago. The company should have already solidified standardization and preferred vendor statuses. To just now be working to obtain a position in the mentioned marketplaces is evidence and confirmation of this companies leadership failures.

Art has only been at PCT for around 1.5 years. He has been in the leadership seat (President) for less than 5 months.

Much has been accomplished in Art's tenure, cleaning up messy financials since he took over in mid 2021, streamlining reporting with no more late filings (4 in a row on time), employee benefits implemented, sales team hired, and now the action plan mentioned.

Sure... many of these things should have been done before. But calling Art a disappointment and hanging past failures around his neck is unreasonable IMO.