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jtomm

07/06/23 10:20 AM

#105857 RE: hweb2 #105856

Yeah, I thought so too. Debt being gone should improve future earnings a little also. I've held it for a while and was sort of wondering how real it was. Showing good signs

rado

07/06/23 2:36 PM

#105861 RE: hweb2 #105856

Ya, looks like PCSV had a great quarter. I had asked the company what they thought the size of the opportunity was in March and Bledsoe said that there are 850+ JROTC sites. Each one could potentially use their program. They will ask for referrals to the other sites when the first ones are looking successful. He says the Army has 1,700 sites, the Navy has 650 sites, and the Marines have 250 sites. https://sgp.fas.org/crs/natsec/IF11313.pdf

So the opportunity is large if they get some traction. But I don't think they know how successful they will be in growing past the programs they are in already, they are just trying to delight their customers. I noticed they haven't discussed the size of the opportunity in their press releases, probably because they don't want to set expectations too high, and really don't know how successful they will be in expanding.

otcbargains

07/06/23 4:00 PM

#105862 RE: hweb2 #105856

Thanks for mentioning. I bought some. It is nice to see some volume and interest in the OTC again.

Knowledge is King

07/11/23 10:28 AM

#105895 RE: hweb2 #105856

PCSV printing a dime...nice call!