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Replies to #30725 on PCT Ltd (PCTL)

Dclutch72

09/19/19 5:44 PM

#30726 RE: nybull29 #30725

I'd generally agree with that.

To be fair, there probably is a bank out there that WOULD give them a loan, but it would likely be so laden with interest that it'd just be adding to the pile.

They just need to keep the lights on long enough to ramp up sales and marketing efforts. If they can close the AG trial in October- that'd probably do it. That's a placement of a LOT of machines and would give them a lot of sales in Q4.

letsmakemoney0001

09/19/19 7:19 PM

#30734 RE: nybull29 #30725

A line of credit against future receivables would probably be better. As they produce purchase orders they could draw on it