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PCTL is accepting Questions from shareholders for a hosted Podcast to be held on Sept 6, 2021. Questions may be submitted through the website at: https://t.co/fAQHMljZGg
Long PCTL,
~Magnus
Rockford will be competing with Sgt. Dennis Becker for the job. His police background will make him more appealing choice
Long PCTL,
~Magnus
Germ killing well cleaning GOLD!!!
PCTL has germ killing power and is turning “Sour” crude oil to “Sweet”
Long PCTL,
~Magnus
Good points from both of you. Human behavior is unpredictable
~Magnus
Billy has a large and expensive home, nice suits, and probably a nice automobile. In my research I did not detected any bankrupt or lien filings, therefore I do not believe Billy ever fell on hard times and needed to borrow funds from Deirdre to survive day to day.
Maybe Deirdre and Carter made a deal that Deirdre would cover the incidental out of pocket expenses and that she would keep a ledger of the funds and when the case was settled Carter was to pay her back? Maybe that's what the $283K is all about?? and has nothing to do with the financial state of Billy?
~Magnus
Looks like ole Billy was still high from 4/20/20 and he sent Deirdre $100, not once but twice LOL!!!
Steady green days win the race!!
Added more PCTL today,
~Magnus
It's just a bad dream....
PCTL = Pink and Current!!!!
Long PCTL,
~Magnus
CORPORATE DISCLOSURE STATEMENT
Pursuant to Supreme Court Rule 29.6, Respondent
ChanBond, LLC states as follows:
ChanBond, LLC is a wholly owned subsidiary of
UnifiedOnline, Inc. (“UnifiedOnline”). UnifiedOnline is a
publicly traded company (OTCBB: UOIP).
Long UOIP,
~Magnus
Well said CyberJ and I agree that Gary has done well with this entire situation.
Long PCTL,
~Magnus
Huge thank you to everyone attending and reporting back to us the status of the trail.
Sincerely,
Magnus
Thank you gosox12,
We are both thinking the same thing. If Biden does freeze new leases, then the oil industry will be falling all over themselves for PCTL to help them improve their existing wells.
Long PCTL,
~Magnus
=========================================================
MI, re: Possible Bidden Stoppage on new O+G wells
Consider the following figures from an earlier post today by Egold about how much the well operator gains by using our product:
"This is the interpretation of the PR from a friend.
the protocols developed for EOR (Enhanced Oil Recovery) on shallow (<1000 ft) wells using Catholyte appear to be working... and very well from the ratios given.
Based on the ratios, if you assume initial return of 1BOD (99/1) has increased to 40BOD (60/40), that is an increase from $63.58 to $2,543.20 per day for the operator.
You have also decreased the amount of produced water that has to be treated or disposed of which means saving $$$ on that end as well
So a win-win for the operator."
1. Now, do the math. That's about $2500 per day per well x 365 days =$912,500; and that's for only one well.
2. If only existing wells are allowed to continue, we will have a huge market open to us and producers will be desperate to maximize the gains from existent wells. So, keep your eyes on the prize, my friends.
US puts new oil and gas leases, permits on federal lands on hold for 60 days" January 20, 2021
The decision gives the Biden administration more time to develop its longer-term plans on oil and gas leases that could involve a broader ban. The order does not impact drilling and activity on existing leases and permits.
PCTL's positive oil results results will motive the US oil industry to revitalize their under performing wells.
Long PCTL,
~Magnus
Well said Mrblabla, you are right it is hilarious that this $0.02 can be dragged behind a wagon LOL
LITTLE RIVER, S.C. --(BUSINESS WIRE)-- PCT LTD (OTC:PINK “PCTL”) (“the Company”), announces it has resolved its dispute with Annihilare Medical Systems, Inc. and two of its former employees.
Gary Grieco , PCTL’s Chairman, stated, “We are pleased to close this chapter in our history. The time and energy invested in pursuing this matter was a worthwhile endeavor for the Company. We are pleased with the ultimate result. We will not be making any further statement or comment regarding the case or the settlement, but we will focus on the exciting future of the Company.”
About PCT LTD :
PCT LTD ("PCTL") focuses its business on acquiring, developing and providing sustainable, environmentally safe disinfecting, cleaning and tracking technologies. The company acquires and holds rights to innovative products and technologies, which are commercialized through its wholly-owned operating subsidiary, Paradigm Convergence Technologies Corporation ( PCT Corp ). The Company established entry into its target markets with commercially viable products in the United States and now continues to gain market share in the U.S. and U.K.
ADDITIONAL NEWS AND CORPORATE UPDATES:
PCTL would like to warn its stockholders and potential investors that material corporate information regarding sales, areas of business and other corporate updates will only be made through press releases or filings with the SEC and through Twitter (PCTL@PCTL2021). PCTL does not utilize social media, chatrooms or other online sources to disclose material information. The public should only rely on official press releases, Tweets from the Company’s official Twitter account, and corporate filings for accurate and up to date information regarding PCTL.
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."
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. Such statements involve risks and uncertainties, including but not limited to: PCTL's ability to raise sufficient funds to satisfy its working capital requirements; the ability of PCTL to execute its business plan; the anticipated results of business contracts with regard to revenue; and any other effects resulting from the information disclosed above; risks and effects of legal and administrative proceedings and government regulation; future financial and operational results; competition; general economic conditions; and the ability to manage and continue growth. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements PCTL makes in this press release include market conditions and those set forth in reports or documents it files from time to time with the SEC . 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.
www.pctcorporation.com (NEW Distributor-focused website)
www.para-con.com ( Current PCT LTD , investor-focused website)
www.pctcorphealth.com (Current Healthcare Market-focused website)
Twitter: https://mobile.twitter.com/PCTL2021
View source version on businesswire.com: https://www.businesswire.com/news/home/20210304005249/en/
Investor Relations Contact Andrew Barwicki (516) 662-9461 andrew@barwicki.com or IR@para-con.com
Source: PCT LTD
PCTL has released (2) PR's this week, QB announcement may be the 3rd one
Two PR's this week. Expect more and more with the $10 million dollar revenue guidance for 2021...
Long PCTL,
~Magnus
PCT LTD Launches New, Interactive Distributor Website and the Engagement of Barwicki Investor Relations to Handle Investor Communications
8:15 am ET January 26, 2021 (BusinessWire)
PCT LTD (OTC:PINK: PCTL) ("the Company"), encourages the public to visit www.pctcorporation.com for information on its US EPA registered hospital disinfectant and to find nearby sources for Hydrolyte(R). The website provides downloadable product resources and a protected Distributor-Only area for its distributors to have full access of the Company's growing number of marketing materials.
"We are now up to 21 quality distributors," commented PCT Corp.'s President William Prince, "improving our sales and marketing reach and bringing our products closer to everyone's front door." Prince further stated, "We will be bringing on new distributors and educating the industry on why it is time to make the paradigm shift away from traditional, toxic chemicals and toward the use of Hydrolyte(R)...the environmentally responsible disinfecting product that makes more sense for today's climate."
Gary Grieco, PCTL's Chairman, stated, "We could not be happier with our growing network of U.S. and international distributors as they are a valuable and integral component of our team. This new website is just one of the many new tools we will be launching to support their growth and success."
In addition to the newest website, the Company is pleased to announce it has engaged the investor relations services of Barwicki Investor Relations, Inc. Andrew Barwicki, Principal, provides fact sheets about PCTL to a minimum of 1,000 new investors a month, introducing the Company to institutional and individual investors, as well as emailing vital public relations information to over 26,500 members of its proprietary database.
About PCT LTD:
PCT LTD ("PCTL") focuses its business on acquiring, developing and providing sustainable, environmentally safe disinfecting, cleaning and tracking technologies. The company acquires and holds rights to innovative products and technologies, which are commercialized through its wholly-owned operating subsidiary, Paradigm Convergence Technologies Corporation (PCT Corp). Currently trading on OTC:PINK, "PCTL" is actively engaged in applying for listing its common stock to the OTC QB market. The Company established entry into its target markets with commercially viable products in the United States and now continues to gain market share in the U.S. and U.K.
ADDITIONAL NEWS AND CORPORATE UPDATES:
PCTL would like to warn its stockholders and potential investors that material corporate information regarding sales, areas of business and other corporate updates will only be made through press releases or filings with the SEC and through Twitter (PCTL@PCTL2021). PCTL does not utilize social media, chatrooms or other online sources to disclose material information. The public should only rely on official press releases, Tweets from the Company's official Twitter account, and corporate filings for accurate and up to date information regarding PCTL.
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."
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. Such statements involve risks and uncertainties, including but not limited to: PCTL's ability to raise sufficient funds to satisfy its working capital requirements; the ability of PCTL to execute its business plan; the anticipated results of business contracts with regard to revenue; and any other effects resulting from the information disclosed above; risks and effects of legal and administrative proceedings and government regulation; future financial and operational results; competition; general economic conditions; and the ability to manage and continue growth. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements PCTL makes in this press release include market conditions and those set forth in reports or documents it files from time to time with the SEC. 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.
www.pctcorporation.com (NEW Distributor-focused website)
www.para-con.com (Current PCT LTD, investor-focused website)
www.pctcorphealth.com (Current Healthcare Market-focused website)
Twitter: https://mobile.twitter.com/PCTL2021
Thank you for your insight and comments. Hope 2021 is a profitable year all around.
Long PTCL,
~Magnus
DesertEagle
Oil, Gas and $PCTL…
In the 4th quarter of 2020, $PCTL executed a domestic supply agreement with Maverick Energy Services and Maverick Environmental Solutions of Holdenville, Oklahoma for a minimum of 1,000,000 gallons of PCT Hydrolyte® to be delivered over the next twelve months.
Based on a public tweet made here this week, we now understand that PCTL is also testing their second fluid, PCT Catholyte, to enhance production from existing wells in Missouri.
With both fluids having lifecycle (cradle to grave) applications in the drilling and production of wells, and with the data on the horizon to back up the beneficial claims, I can see many independent E&P (Upstream) companies moving to PCTL fluids in the coming years.
As noted earlier, both fluids also have application in the O&G (downstream) sector such as the control of unwanted non-public health microorganisms, such as SRB’s (Sulfate Reducing Bacteria), reducing microbiologically influenced corrosion (MIC) and to remove the slime and associated sessile bacteria which can degrade the integrity of pipelines.
Considering that PCTL has no toxic debt on the books and all current debt is PTM with floors of .10, .15 and .20, when data showing the efficacy of the fluids in the O&G sector is presented and news is released, I can see the SP moving very quickly to new highs.
These facts will rise above all opinions soon...
PCT Ltd. (PCTL) Executes 1 Million Gallon Minimum Annual Supply Agreement; Company Anticipates Record Setting Revenues for 4th Quarter
October 27, 2020, 7:00 am
1. Million of dollars for 2021 ALREADY in the Hopper including a multi-million dollar oil deal
PCT LTD (OTC Pink: PCTL) today announced that it has executed a domestic supply agreement with Maverick Energy Services and Maverick Environmental Solutions of Holdenville, Oklahoma for a minimum of 1,000,000 gallons of PCT Hydrolyte® to be delivered over the next twelve months. An initial order has been fulfilled on this contract.
PCT LTD Announces License Agreement with Zerorez Franchising Systems, Inc.; Phase One Construction Commences at Fort Wayne Indiana Facility
October 29, 2020, 11:33 am
PCT LTD offers clarification about its recent announcement with regard to the recent million gallon minimum annual contract with Maverick Energy and Maverick Environmental Solutions. The annual contract for a minimum of one million gallons will be split between both companies with Maverick Environmental Solutions marketing to non-oil and gas related customers. Completion of the contract will provide millions of dollars of gross revenues to PCTL.
2. No toxic debt
3. $10 million 2021 revenue guidance
4. Working on uplisting to OTCQB
5. Financing through RB Capital. You might want to see other companies they are funding...:)
6. Just received patent approval for a major remote monitoring system
7. Incredibly huge oil testing for huge revenues
8. Next generation hospital equipment is ready with the new PATENTED technology.
9. The second manufacturing site (Fort Wayne) is ready to go. 14,000 gallons PER DAY is about ready, aside from Distributor production
10. eOn Mist (a Level 3 Distributor which means they have re-registered PCTL’s products and produce them themselves) has distributed 40 million 2-ounce bottles of PCTL’s product
PCTL will rise and rise quickly from here when it does.
Those product videos are awesome!!!
Video -
https://vimeo.com/459120993
https://vimeo.com/440063653
Great find and long PCTL,
~Magnus
...We can confidently recommend Hydrolyte® by PCT Corp and Nixall by Seriously Clean, as effective disinfectants that do not have any negative effects on the appearance of our wallcovering products...
Len-Tex Recommended Disinfectants
Heather Hawkins
December 2020
https://lentexwallcoverings.com/len-tex-recommended-disinfectants/?fbclid=IwAR2N8xM74nH1_8zbodkCpsmsvOLzOLEVjufa8-IXuOPv5NHWco2XZ0QfeX8
Long PCTL,
~Magnus
Huge piece of information we missed about this PR. The testing in the UK was ongoing BEFORE the pandemic! Why is this important? Because the UK deal has a MUCH GREATER objective than just COVID-19. They want to have an ongoing solution to (HAI’s) Healthcare-Associated Infections. Everyone will be using PCTL’s system eventually!!! Note below:
On 10/17/2020 Hate Liars posted this:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158960564
PCT Europe LTD Signs Distribution Agreement With UK NHS Company, Receives Additional NYC Hospital Order
April 16, 2020
LITTLE RIVER, S.C.--(BUSINESS WIRE)--Apr 16, 2020--
PCT LTD (OTC Pink: PCTL) is pleased to announce new growth and expansion activities in the UK and NYC. PCT Europe Ltd, the UK-based partner of PCT Corp, is pleased to announce they have signed an exclusive trading partnership/distributor agreement with an NHS (U.K. National Health Service) company.
In tandem with PCT Europe Ltd, the UK NHS company will introduce PCT technology to each NHS Hospital Trust with the intention of them rolling out PCT’s unique technology and system throughout the health services 233 Trusts comprising over 600 hospitals. In addition, approximately 14,000 Care Homes in the U.K. will also be introduced to PCT’s technology. A steady flow of orders is expected to commence throughout the remainder of 2020 and into 2021.
ADVERTISEMENT
The first PCT system has now been installed in a large NHS hospital in the north of England. This system is expected to enter clinical service early in May once the final series of biological tests of the PCT hospital disinfectant solution have been completed. Results of these tests have so far demonstrated that the PCT disinfectant has met or exceeded its ability to kill the range of pathogens previously achieved during EPA and FDA tests in the United States.
“We couldn’t be happier with the results thus far in our UK trials and are delighted with the progress our UK partner is making. This arrangement will introduce our system to thousands of hospitals and healthcare facilities,” says PCT CEO Gary Grieco. “At the same time, the reality of the current healthcare crisis both domestically and abroad is sobering. We’re thrilled to be able to grow our business but nevertheless remain focused on our core mission which from day one has always been helping people.”
The company continues to expand domestically as well. Following an earlier release dated April 14 th, the company is also announcing an additional purchase order for PCT Corp.’s Annihilyzer® Infection Control Systems in New York City.
The order comes from a large NYC hospital with a current bed count of approximately 1,000. Installation will be made in coordination with PCT Corp’s primary healthcare distributor, ACE Janitorial Services.
“With three PO’s for our infection control system this week and more on the way, we continue to make strides both in growing our business as well as our goal of helping our clients fight the spread of infectious diseases,” says Grieco. “We are on pace for unprecedented and record growth in all areas of our business.”
PCT LTD Deploys Initial Annihilyzer(R) Infection Control System to the United Kingdom
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158960879
Little River, South Carolina--(Newsfile Corp. - October 22, 2019) - PCT LTD (OTC Pink: PCTL), a Little River, South Carolina company and the designer of the Annihilyzer® Infection Control System, a world class whole room cleaning and disinfecting system for hospitals and health care facilities, is pleased to announce that it has shipped the first overseas Annihilyzer® Infection Control System to its partner company, PCT Europe Ltd., in the United Kingdom.
The phase one installation will begin in November at a large 500 bed hospital in England. Upon successful completion of this initial installation, a continuing flow of orders from associated UK hospitals is expected during 2020.
Addressing and reducing the high number of HAI's (hospital associated infections) in British hospitals is a current and continuing priority of the United Kingdom's government. The incidence of HAI's in the U.K. and Europe is as serious as it is in the United States, costing health care providers an average of $30,000 per case.
PCT Ltd is confident that its first export of the Annihilyzer® Infection Control System to the U.K. will be successful, in the same way its installations in six well known United States hospitals have resulted in a significant reduction of in the number of HAI's within these facilities.
PCTL is a good company that has a lot of growth!!
Long PCTL,
~Magnus
There are 64 locations listed on the Zerorez site
https://www.zerorez.com/locations
I think Zeroez will become a powerhouse distributor:
"The ability to inform our customers that we clean their homes and offices with an EPA registered, hospital grade disinfectant is a boon to our business but more importantly, it communicates to our customers our deep commitment to do everything that we can to keep their homes and offices cleaner, healthier and safer," said Shawn Moon, Zerorez's CEO.
Long PCTL,
~Magnus
How Does Well Acidizing Work to Stimulate Production?
Stimulation is performed on a well to increase or restore production. Sometimes, a well initially exhibits low permeability, and stimulation is employed to commence production from the reservoir. Other times, stimulation is used to further encourage permeability and flow from an already existing well that has become under-productive.
A type of stimulation treatment, acidizing is performed below the reservoir fracture pressure in an effort to restore the natural permeability of the reservoir rock. Well acidizing is achieved by pumping acid into the well to dissolve limestone, dolomite and calcite cement between the sediment grains of the reservoir rocks. There are two types of acid treatment: matrix acidizing and fracture acidizing.
A matrix acid job is performed when acid is pumped into the well and into the pores of the reservoir rocks. In this form of acidization, the acids dissolve the sediments and mud solids that are inhibiting the permeability of the rock, enlarging the natural pores of the reservoir and stimulating flow of hydrocarbons.
While matrix acidizing is done at a low enough pressure to keep from fracturing the reservoir rock, fracture acidizing involves pumping highly pressurized acid into the well, physically fracturing the reservoir rock and dissolving the permeability inhibitive sediments. This type of acid job forms channels through which the hydrocarbons can flow.
There are different acids used to perform an acid job on wells. A common type of acid employed on wells to stimulate production is hydrochloric acids (HCI), which are useful in removing carbonate reservoirs, or limestones and dolomites, from the rock. Also, HCI can be combined with a mud acid, or hydrofluoric acid (HF), and used to dissolve quartz, sand and clay from the reservoir rocks.
In order to protect the integrity of the already completed well, inhibitor additives are introduced to the well to prohibit the acid from breaking down the steel casing in the well. Also, a sequestering agent can be added to block the formation of gels or precipitate of iron, which can clog the reservoir pores during an acid job.
After an acid job is performed, the used acid and sediments removed from the reservoir are washed out of the well in a process called backflush.
https://www.rigzone.com/training/insight.asp?insight_id=320&c_id=
There are a lot of oil wells that can use "Stimulation" in Oklahoma and Texas.
Maverick Energy Services is a premier oilfield service company that provides its customers with fast, reliable services throughout Oklahoma and Texas, including:
Land Application Services
Pumping and Acidizing
Oilfield Construction
Roustabout Services
Saltwater Disposal
Soil Farming Facility
Transportation
Long PCTL,
~Magnus
Tony,
My investing partner has 8,461,103
Tony,
I have 5,885,124
European nations smash Covid-19 records as WHO warns daily deaths could surpass April peak
This will be a great time to show the world how PCTL can provide tools to deal HAI's
European nations smash Covid-19 records as WHO warns daily deaths could surpass April peak
By Emma Reynolds and Tim Lister, CNN
Updated 11:19 AM ET, Fri October 16, 2020
https://www.cnn.com/2020/10/16/europe/europe-coronavirus-records-intl/index.html
Long PCTL,
~Magnus
Thankfully PCTL is working with the United Kingdom to help maintain clean hospitals, senior homes, and businesses. Big thanks to NTH Solutions and Filta
PCTL received orders and a cash deposit from its U.K. partner, Paradigm Convergence Technologies (Europe) LTD. One of the provisions in our agreement requires a 50% cash deposit, which we have received. PCTL President and CEO, Gary Grieco, commented, “We have all been deeply involved in putting together a launch in the U.K. Now, we have orders to provide equipment for the hospitals and equipment to provide volumes of fluids for the commercial markets in Europe. Growing this business is a priority and we’ve been advised by our U.K. partner to expect additional PO’s in the very near term.”
European nations smash Covid-19 records as WHO warns daily deaths could surpass April peak
https://www.cnn.com/2020/10/16/europe/europe-coronavirus-records-intl/index.html
Europe's tally of new cases in its five most-affected countries -- which together have a similar population to the US -- was nearly 42% greater than the increase in the US in the week to October 13
I am glad to be part of a company helping to make a difference
Stay safe and long PCTL,
~Magnus
Do you know what date the 3rd quarter report is due?
Long PCTL,
~Magnus
Dial-in instructions for the investor conference call will be announced prior to the meeting date.
https://www.businesswire.com/news/home/20200909005670/en/PCT-Announces-Agenda-Shareholder-Conference-Call-Wednesday
Long PCTL,
~Magnus
Thank you, I needed to hear that.
~Magnus
LITTLE RIVER, S.C.--(BUSINESS WIRE)--PCT LTD (OTC Pink: PCTL) has filed its a 2020 Second Quarter 10-Q report for the period ending June 30, 2020, and is providing this shareholder update on statistical facts from that filing. Highlighting the filing, PCTL is excited to report $881,172 in revenue for the second quarter; a 640% increase over the same period in 2019. The company welcomes shareholders to view the complete filing at www.sec.gov or by following the Investor Relations link on www.para-con.com. However, selected highlights include, but are not limited to:
Over 85% increase in total current assets YTD
Over 640% revenue growth over the same period in 2019
$1,153,354 YTD revenue compared to $314,819 for first 6 months of 2019 (266% increase)
Accounts Receivable increased to $319,128 compared to $127,660 in Q1 of 2020 (an increase of 150%) and $121,129 in Q2 of 2019 (an increase of 163%)
Net loss $213,073 compared to $408,535 over the same period in 2019 (improvement of more than 47%)
Diluted Net loss Per Share of 0.00 compared to (0.07)
Revenue Increases by 640% over Q2 of 2020
The company posted revenues of $881,172 in the second quarter, representing a 640% increase over the same quarter in 2019 and a 223% increase over Q1 of 2020. The total amount of revenue generated represents an all-time high for PCTL.
The company is reporting across the board increases in revenue generating activities, including product sales, equipment leases, and licensing fees. The largest increase comes from sale of products, including the company’s flagship Hydrolyte® disinfectant (US EPA registration 92108-1).
“We are continuing our growth and expansion plans on all fronts,” says PCTL CEO Gary Grieco. “We worked hard to achieve this record quarter and look forward to building on this success in Q3 and throughout the rest of 2020 and beyond.”
“We’re excited to finally get these numbers out,” says PCT Corp. President Bill Prince. “It has been a busy year for us. The momentum that began in late March has continued, and we’ve been able to build on our success with more distributors, fluid sales, and Annihilyzer® placements, including the 5 we recently released news about. We’re firing on all cylinders and our AR increases reflect that growth.”
The company recently added a new distributor to their growing network and announced the placement of 5 additional rack-mounted Annihilyzer® Infection Control Systems to an existing NYC hospital client. The company is preparing for additional machine installations throughout the rest of 2020 and plans on adding additional distributorships as well.
“We don’t plan on slowing down,” adds Prince. “We will continue to add distribution partners in key geographic regions in order to increase our footprint and continue to gain market share in our industry.”
Shareholder Value
The company remains committed to increasing shareholder value. The company is reporting diluted net loss per share of 0.00 in Q2 2020, representing an improvement over the previous quarter as well as the same quarter of 2019.
“We continue to appreciate the patience and trust of our investors,” says CEO Gary Grieco. “We know the last few months have been a bit rocky at times and we thank everyone for their patience and understanding. We remain committed to increasing shareholder value and are taking multiple steps on those fronts.”
The company anticipates releasing further updates at regular intervals going forward.
Additional News and Corporate Updates:
PCTL would like to warn its stockholders and potential investors that material corporate information regarding sales, areas of business and other corporate updates will only be made through press releases or filings with the SEC. PCTL does not utilize social media, chatrooms or other online sources to disclose material information. The public should only rely on official press releases and corporate filings for accurate and up to date information regarding PCTL.
About PCT LTD:
PCT LTD ("PCTL") focuses its business on acquiring, developing and providing sustainable, environmentally safe disinfecting, cleaning and tracking technologies. The company acquires and holds rights to innovative products and technologies, which are commercialized through its wholly-owned operating subsidiary, Paradigm Convergence Technologies Corporation (PCT Corp). Currently trading on OTC, "PCTL" aspires to and is actively engaged in preparations for up-listing its common stock to a national securities exchange. The Company established entry into its target markets with commercially viable products in the United States and now continues to gain market share in the U.S. and U.K.
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."
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. Such statements involve risks and uncertainties, including but not limited to: the ability of PCTL’s most recently added distributors to gain and maintain certain saturation levels within their regions and/or markets; PCTL’s continued installation of equipment; subsequent installations of PCT’s Annihilyzer Infection Control Systems; the availability of audit, accounting and legal professionals during the pandemic and the impact of COVID-19 on the timeframe of filing PCTL’s 2020 Q3 10-Q; PCTL's ability to raise sufficient funds to satisfy its working capital requirements; the ability of PCTL to execute its business plan; any other effects resulting from the information disclosed above; risks and effects of legal and administrative proceedings and government regulation; future financial and operational results; competition; general economic conditions; and the ability to manage and continue growth. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements PCTL makes in this press release include market conditions and those set forth in reports or documents it files from time to time with the SEC. 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.
Contacts
Gary Grieco, CEO and Chairman, PCT LTD
(843) 390-7900 Office
(843) 390-2347 Fax
www.para-con.com
www.pctcorphealth.com
www.survivalyte.com
Rich Inza, Investor Relations (RMJ Consulting, LLC)
(843) 491-4611
IR@para-con.com
So happy to see the latest 10Q
Let the bidding begin!!!
Long PCTL,
Magnus
Link to today's press release
https://www.para-con.com/images/docs/PCTL08-25-20.pdf
Long PCTL,
~Magnus
PCT LTD Announces New Distributor, Large Purchase Order for Annihilyzer® Systems Little River, South Carolina — (August 25, 2020) – PCT LTD (OTC Pink: PCTL) is happy to announce the receipt of a purchase order for the installation of five new Annihilyzer® Infection Control systems as well as an additional distributorship to the company’s growing network.
Through PCTL’s primary healthcare distributor, ACE Janitorial Services, five (5) of the company’s modified rack-mounted Annihilyzer® Infection Control systems are being installed at an existing NYC hospital, adding to the two systems currently installed and operating at this location. The hospital is currently conducting a pilot program aimed at increasing their ability to produce disinfecting fluid onsite for use in multiple applications.
In addition, the company is providing an update on a new distributorship which is being added to the growing network of PCTL distributors. PCTL Disinfectant Solutions, LLC is a Ft. Lauderdale, Florida based level 1 distributor. This company was formed specifically for the purpose of distributing PCT LTD products. It is important to note, this is a separate, privatelyowned company and is not a joint venture, partnership, or other affiliate of PCT LTD beyond a distribution agreement. PCTL Disinfectant Solutions LLC’s decision to build a business around the distribution of PCTL’s Hydrolyte® disinfectant was made due to interest in PCTL’s highly effective, hospital grade disinfectant, with its US EPA registration (92108-1) and because the environmentally-responsible nature of the HOCl-based product is exactly what consumers, both business and government, are seeking.
With the addition of PCTL Disinfectant Solutions, the company now has 24 distributors and/or supplemental registrants in 17 states and Puerto Rico and plans to continue to expand its growing network. “We are continuing to vet and add additional distributors in specific areas which we’ve identified as having the greatest opportunity for growth and success,” explains PCT Corp President Bill Prince. “Our footprint has been growing exponentially over the last several months and we see that continuing through the end of the year.”
The company is continuing to work on releasing its second quarter 10-Q report which is in the final stages of review by the company’s independent accountants and auditors. The company expects to file the report as soon as possible. “We continue to appreciate the patience and understanding of our investors,” says PCTL CEO Gary Grieco. “We remain committed to increasing shareholder value as well as confidence and know that establishing a process which ensures that all necessary filings are completed within a reasonable timeframe are an important step in that direction.”
“Unfortunately, the delay experienced in filing our 2019 10-K Annual Report impacted subsequent filings and caused unfortunate and unavoidable setbacks for those reports,” adds Grieco. “Now that our 2019 10-K Annual report and our first quarter 10-Q report have been filed, our second quarter 10-Q filing is imminent, and we are confident that future filings will not experience similar delays.”
ADDITIONAL NEWS AND CORPORATE UPDATES:
PCTL WOULD LIKE TO WARN ITS STOCKHOLDERS AND POTENTIAL INVESTORS THAT MATERIAL CORPORATE INFORMATION REGARDING SALES, AREAS OF BUSINESS AND OTHER CORPORATE UPDATES WILL ONLY BE MADE THROUGH PRESS RELEASES OR FILINGS WITH THE SEC. PCTL DOES NOT UTILIZE SOCIAL MEDIA, CHATROOMS OR OTHER ONLINE SOURCES TO DISCLOSE MATERIAL INFORMATION. THE PUBLIC SHOULD ONLY RELY ON OFFICIAL PRESS RELEASES AND CORPORATE FILINGS FOR ACCURATE AND UP TO DATE INFORMATION REGARDING PCTL.
About PCT LTD:
PCT LTD ("PCTL") focuses its business on acquiring, developing and providing sustainable, environmentally safe disinfecting, cleaning and tracking technologies. The company acquires and holds rights to innovative products and technologies, which are commercialized through its wholly-owned operating subsidiary, Paradigm Convergence Technologies Corporation (PCT Corp). Currently trading on OTC, "PCTL" aspires to and is actively engaged in preparations for up-listing its common stock to a national securities exchange. The Company established entry into its target markets with commercially viable products in the United States and now continues
to gain market share in the U.S. and U.K.
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."
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. Such statements involve risks and uncertainties, including but not limited to: the ability of PCTL’s most recently added distributors to gain and maintain certain saturation levels within their regions and/or markets; PCTL’s continued installation of equipment; subsequent installations of PCT’s Annihilyzer Infection Control Systems; the availability of audit, accounting and legal professionals during the pandemic and the impact of COVID-19 on the timeframe of filing PCTL’s 2020 Q2 10-Q;
PCTL's ability to raise sufficient funds to satisfy its working capital requirements; the ability of PCTL to execute its business plan; any other effects resulting from the information disclosed above; risks and effects of legal and administrative proceedings and government regulation; future financial and operational results; competition; general economic conditions; and the ability to manage and continue growth. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements PCTL makes in this press release include market conditions and those set forth in reports or documents it files from time to time with the SEC. 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.
Gary Grieco, CEO and Chairman, PCT LTD
(843) 390-7900 Office
(843) 390-2347 Fax
www.para-con.com
www.pctcorphealth.com
www.survivalyte.com
Rich Inza, Investor Relations (RMJ Consulting, LLC)
(843) 491-4611
IR@para-con.com
Ultimately what I am wondering is.... Is there a correlation between the stocks market value (increase or decrease) to the amount of assets minus liabilities (the number being closer or farther away from indebtedness.
When the Q2 is released and we see the amount of revenue and assets they have and what liabilities they have paid off, how will that effect the pps? is there a formula for ball parking the pps? I know the price is dictated by interest or lack there of.
$0.10 per share the market value would be $58,645,148.60
$0.25 per share the market value would be $146,612,871.50
$0.75 per share the market value would be $439,838,614.50
Maybe you are right and only the perceived value of future returns will drive up price per share. But it would be nice if there was some indicator
I am rambling..... so peace,
~Magnus