Replies to post #169410 on PCT Ltd (PCTL)

[dade]

It’s criminal to advise shareholders of substantial news the way he did and not issue a correction. Investors have been harmed because of his misguidance and disinformation. I have never seen anything like this in my life. Must be a nightmare of lies of excuses of an office to work in.

[Hate Liars]

Gary was obviously aggressive with his projections but he knew that the Oil & the UK were going to bring in huge revenues. As always, things take longer than expected. The UK deal is undeniable. What PCTL is receiving for all of the equipment that is needed...We don't know yet.

But I'll say this: If you've been there, some hospitals are more like a multi-building complex. Multiple machines are probably needed for most hospitals and they have 633 hospitals. They also have 14,000 healthcare locations. How many units are needed to support those 14,000 healthcare locations fluid needs? What about the restaurants, commercial buildings, etc. that are already getting the NTH Disinfection certification? We already know that multiple NTH deals are active and in place over there.

In my opinion, Gary was being WAYYYY to conservative by saying 25 units per month because the UK's NHS has made PCTL's products an integral part of their National Disinfection Protocol. The NHS will also receive a portion of the profits from fluid sales.

If the UK is doing nothing else than leasing/paying for the equipment the dollars are $10's of millions of dollars. Then there is maintenance, updates to PCTLs' software that are needed, etc.

This doesn't even touch on the Oil...

[beer$$money]

Guidance is a relatively new term that describes an old practice of predicting business expectations. "projections are by no means guaranteed."

Forward-Looking Statements:

This press release contains “forward-looking statements” as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be “forward-looking statements.” PCTL undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Such statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated.


Here we'll take a look at this age-old tradition, discuss the good and bad points,
examine why some companies are saying "no more" to earnings guidance

KEY TAKEAWAYS
Guidance is a company's public estimates of its current-quarter and future earnings outlook.
Earnings guidance is used by investors and analysts to adjust their expectations for a company's share price.
Guidance figures can be missed, manipulated, or misunderstood, so they must be given their due diligence.
To protect themselves from lawsuits, companies pair their guidance reports with disclosure statements maintaining that their projections are by no means guaranteed. Earnings guidance is defined as the comments management gives about what it expects its company will do in the future. These comments are also known as "forward-looking statements

An Age-Old Tradition
Providing forecasts is one of the oldest professions. In previous incarnations, earnings guidance was called the "whisper number." The only difference is that whisper numbers were given to selected analysts so that they could warn their big clients. Fair disclosure laws (known as Regulation Fair Disclosure or Reg FD) made this illegal and companies now have to broadcast their expectations to the world, giving all investors access to this information at the same time.

https://www.investopedia.com/articles/analyst/03/012903.asp

[snow]

Very good post: "Question for those here who repeatedly refer to most criticisms of the Co.as "bullshit" and continue to support GG and his way of running the business.

Would like to see if your opinion to the following is bullshit or not.

GG knew that the $4M 2020 projection would be seriously missed months prior to the EOY and did nothing to restate figures.

We are over half way through 2021 and so far have seen less than 5% of his projected $10M estimate. Yet there is no word from the Co. that this number has an extremely high percentage of being grossly missed.

This to me constitutes "bullshit" on a much larger scale than a handful of posters who are stating very realistic negative facts."