OPTI hass very large orders looming, needed funding as OPTI did, PCTL just put paid off almost 800k to pay the toxic debt (Hurray, pat on the back Gary) where did that come from (applause!)
Make no mistake, PCTL is making money, they evidently have huge orders that need immediate fulfillment. All businesses use bank loans and collateral to get the money. SO PCTL making money will not be a problem, the short term loan is not for paying the bills and keeping the lights on lol
That's called growth my man! Just like OPTI with their huge order.
No, I am afraid PCTLs financial health is very good.
With Oil deals Agriculture deals, industrial deals, Hospital deals PCTLs is in fine shape thank you. Just like those planes where someone had to spin the propeller to get the engine to start, the plane was ready to fly, just need some outside stimulus, then the plane got off the ground.
Likewise PCTL, after paying off toxic debt, just needed a little spin of their propeller, a little help from a financial backer to fund the manufacturing and delivery of what coming next, so PCTL will get off the ground and fly high!
Sooner than you think, RB will be begging PCTL to borrow money, PCTL will become the bank.
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