Godough, would you make the argument that pct is closer to bankruptcy than to millions in revenue or vice versa? Serious question, I think the evidence speaks for itself, but I can't wrap head around the thought process that leads people to think that a company burning thru 200k a month while only bringing in 300k a quarter is somehow on solid footing.
In reality, without any revenues, this company is dead in the water. They're running out of options and with a dwindling share price, their options are only getting worse.
To be clear, they need millions in revenue to stay a float. Their debt is pretty bad, their burn rate is horrible relative to revenue, and they have no good options. US Healthcare isn't delivering. UK will never develop into anything that seriously benefits pct USA, and oil and gas is proving to be more of the same (two years, nothing to show for it save for a MOU with a company worth 10k usd)
I'm very curious how rational folks can come to the conclusion that this is somehow a good investment. It's tantamount to playing the slots at a the casino. Although, realistically there's better odds at the casino.
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