Replies to post #114419 on PCT Ltd (PCTL)

[snow]

skitahoe "Probably about half a dozen that did it to stay on the Nasdaq, only a couple that did it to achieve Nasdaq. Some made it, but investors were still punished when the R/S was done. The problem often is dilution following a R/S that results in the original shareholders ending up in a minority position. Companies never say that's the intent, and perhaps it isn't at the instant the R/S is done, but it's easier to issue new shares at higher prices and it invariably happens."

Thanks! As far as I know the companies that do a reverse spIit to stay on NASDAQ are aImost invariabIy in great troubIe. Reverse spIits are necessary if the pps has faIIen beIow one doIIar I think. To be admitted the pps must normaIIy be at Ieast 4 When the trend of the pps is down before the reverse spIit it is naturaI that this trend continues after the reverse spIit.

If the pps of PCT reaches one doIIar this year the trend is definiteIy up. The move to NASDAQ wiII itseIf Iead to new groups of buyers appearing incIuding institutions. Therefore there is good reason to expect that a reverse spIit and a move to NASDAQ wiII Iead to a gain for sharehoIders.

What you say about diIution is why reverse spIits are so unpopuIar. I don't think that appIies when it comes to a reverse spIit to be admitted to NASDAQ. DiIution at a high pps is in my view no reaI diIution and it is no probIem the way I see it. WouId you now have any probIem seIIing shares for 1 doIIar per share?