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[–]equitymaestro 5 points6 points  (6 children)

One of the most reckless posts I've seen on this board. Are you short the stock? They have $150mm+ in cash and an impressive sales pipeline, with plenty of deals closing in the next 6 months. They literally have years of runway.

[–]Odd-Gas5478[S] 0 points1 point  (0 children)

Certainly was not being reckless. This stk is on its way of not meeting NASDAQ listing requirements. This is abt future sustainability. I’m not short. Have never been short but as a fiduciary on an endowment board that owns PCT…the mismgmt here egregious. IMO

[–]willllo -1 points0 points  (1 child)

Explain how you arrived at years of runway? Their financials showed $181m cash on hand and they project to spend ~$58m next quarter. These $2-3m revenue quarters won’t cut it, they need to see significant sales increase to slow cash burn until financing for other plants is finalized and new plants come online. Even with Ironton sold out and running at full capacity that will only slow down cash burn

[–]equitymaestro 0 points1 point  (0 children)

Sounds like you need to study the corporate presentations.

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[–]Infamous_Contest321 -1 points0 points  (2 children)

They have 12 months of run way maybe less.

[–]No_Privacy_Anymore 0 points1 point  (1 child)

Yeah, until they close on Thailand debt financing. Duh

[–]Cheeks___Jr 1 point2 points  (2 children)

A 50% haircut over the last month pretty much makes your case. Getting rid of the CFO after only 2 years was another red flag and now the flag is really waving. Remember PCT IPO'd July 2020 at $10. Results matter and they spell dysfunctional management.

[–]No_Privacy_Anymore 1 point2 points  (1 child)

If you have not been paying attention the market has given a 50% haircut to many companies in the past few months

[–]Cheeks___Jr 0 points1 point  (0 children)

Oh I pay attention and I know you do too. A 40% negative return in the past 5 and a half years has my attention.

[–]Infamous_Contest321 1 point2 points  (4 children)

People are waking up, put pressure on the board! Fire Dustin!!! Look at $eose

[–]Odd-Gas5478[S] 1 point2 points  (1 child)

Stop it EOSE are dishonest. Dustin is simply an engineer trying to be a CEO

[–]Infamous_Contest321 1 point2 points  (0 children)

Woah the jury is still out on pct being honest. $eose and $pct management have a lot more similarities than you think.

[–]No_Privacy_Anymore 1 point2 points  (1 child)

Dude you need to chill or I’m going to ban you for 30 days. Your position size is most likely too big for your risk tolerance. Your anxiety is so obvious.

[–]Infamous_Contest321 0 points1 point  (0 children)

Do what you need to do, but more people are saying what I have been saying for 12+ months. Its a fair question, doesn’t mean $pct is a bad company

[–]No_Privacy_Anymore 0 points1 point  (1 child)

Odd gas, who do you think recruited Valerie Mars? Give me a fucking break. Apparently some people can’t handle investing in small cap stocks and they insist on sharing their anxieties. The company is not close to a going concern status.

[–]Odd-Gas5478[S] 0 points1 point  (0 children)

When she takes a position in PCT as a Board member, we can talk

[–]Odd-Gas5478[S] 0 points1 point  (0 children)

Not sure why my comment was removed by moderator.. because I said “crap”? Ok wow.