PCTIV Dates Announced, Wall Street Reacts

In what has been one of the most tumultuous quarters in company history, the PCTI Bored of Directors have finally announced May 22-25 as the official time for PCTIV, in Denver, CO.

The late announcement and overly volatile off season can be attributed to a few things.. PCTI CEO Fruit Man Dan has been in an ongoing proxy battle with activist hedge fund manager Anthony Hopkins and his company, Quad Pod Investments.  Hopkins, like his mentor Carl Icahn, is known for his behind the scenes efforts in rallying high profile employees in an effort to overthrow the leadership group to be able to extract value that his company believes is not being tapped.

Additionally, the PCTI Bored has been in an ongoing fight to avoid a Union from forming.  Joe Thompson's efforts to convince fellow employees they aren't being treated properly and don't have the voice he believes they deserve is starting to gain steam.

PCTI Holdings (symbol: PCTI) is up 10% in pre-market trading with the news an agreement has been made. Goldman Sach's has upgraded the company to "Buy" status, citing PCTI's market share and lack of competition as reasons the company is a good play long term.