Replies to post #127544 on PCT Ltd (PCTL)

[falon]

PCTL received the first 10,000 gallons order prepaid with expected recurring orders. I believe this is what triggered PCTL to expand production along with other orders they were receiving that was out of the ordinary due to Covid 19.

The build out or ramp up reached a pinnacle which led to Gary Grieco infamous words during the April 21, 2020 Stock Day
Podcast:

The conversation then turned to dilution and outstanding shares.

Grieco noted that dilution occurred prior to January 2020, but shared that any shares that are currently being issued are meant for growth. “We are in a position as a company on a cash flow basis to cover the burn-rate,” said Grieco. “So, we finally have free available cash flow,” he added. “We have to expand very rapidly. We see a need, starting in July, to start delivering at least 25 systems a month,” said Grieco.