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THIS IS A WIN FOR ANY SHAREHOLDERS!
Thanks for that. imho, a recurring "subscription model" is fantastic! Lower monthly cost to the other company vs buying outright, locks in contracts for set periods of time, and allows for smoother accounting practices knowing a set amount of funding is expected at certain dates.
$PCTL TO THE MOON
imho
DD INSIDE, FILINGS/MERGER IMMINENT - RESEARCH B4 TOO LATE
In order to be successful in any venture, a company must have 2 very important things:
1. A product that solves a real world problem
2. Company leadership that has proven itself either through previous ventures or current success with the company
FOLKS, PCTL HAS THESE THINGS AND MORE!!!
Below is a good portion of the DD done here, by myself and others. Do YOURS now!
PATENT VERIFICATION: See the PATENT
SHARE INFO as of 8/23
Authorized- 300,000,000
Outstanding- 241,899,150
Restricted- 46,684,745
As per the LOI approximately 106 million on reserve for debt. Restricted increased to 46,684,745
NEWS & INFO:
What's happening with $PCTL you ask?
1. Magnolia deal publicly terminated to clear the way for the new deal announcement (LINK)
2. 10q expected - imminent
3. 8k expected. When? imminent
4. Acquisition by Ontario co and funding on the table - (LINK)
5. PCT holding patent to Annihilyzer, ground breaking technology for hospitals to fight HAIs
6. A top 5 hospital in the U.S. as a customer AFTER a successful trial period - Morgan Stanley Presbyterian Children’s Hospital (LINK)
7. The overall direct cost of HAIs to hospitals ranges from US $28 billion to 45 billion. While the range is wide, HAIs are clearly expensive. In addition, most HAIs are thought to be preventable
8. PCT Health’s THE ANNIHILYZER® INFECTION CONTROL SYSTEM $PCTL was awarded one of TIPS Top Innovations of the Year: 2019 (LINK)
9. PCT LTD Continues Demonstration of its Patented Annihilyzer® Hospital Infection Control Systems (LINK)
10. PCT LTD Announces New Purchase Order as the Result of a Successful Trial of Annihilyzer® Infection Control Systems (LINK)
11. PCT LTD Executes New Master Service Agreement for Installation of Annihilyzer® Hospital Infection Control System at Carson Tahoe Regional Medical Center (LINK)
12. PCT LTD Installs a Large Volume Hydrolyte® System with Option Agreement for 4 additional LVH Systems with Oil & Gas Industry Customer (LINK)
THE PROBLEM: HAIs..... What are HAI's you ASK???
Roughly 1.7 million hospital-associated infections occur annually in acute-care hospitals which result in tens of thousands of
patient deaths and cost billions of dollars to the healthcare system. During a Becker's Hospital Review webinar, Dr. Lynn White,
a practicing and president of Patient Shield Concepts, reported the estimated direct medical cost of HAIs is around $10 billion
annually, not including cost-shifting to private payers. Including cost-shifting, HAIs may cost closer to between $35 billion
and $45 billion for acute-care hospitals annually. The total direct, indirect and nonmedical social costs of HAIs are estimated
at around $96 billion to $147 billion annually, including loss of work, legal costs and other patient factors.
THE SOLUTION:
PCTL's Patented Annihilyzer® Infection Control System -
THE POTENTIAL:
The market potential of PCT's system in hospitals is approximately 7,000 systems across the US and for Nursing Homes and Assisted Living facilities is approximately 13,600 systems. PCT has a current sales funnel of over 30 hospitals in the Carolinas and the Northeast that are in active discussions with PCT about acquiring the Annihilyzer® System and Services.
Hospital-acquired Infections Market Size, Growth Rate, Overview | Global Market expected to reach around $36.16 billion, With a CAGR of 7.3% By 2022 (LINK)
COMPANY LEADERSHIP:
Jody Read, CEO, PCTL
Gary Grieco stated, “Jody has proven himself over the past two years to be a great team leader and his expertise
in business management and healthcare equipment technologies will take PCTL and PCT Corp. to the next levels of
growth and profitability. I look forward to working with Jody and the entire PCT Team to drive PCT’s growth.”
Read joined PCT Corp. two years ago after successfully founding and managing Customer Service Associates, Inc. (CSA) for 18 years,
a $44 Million dollar a year sales and support organization for the healthcare market with over 350 employees providing equipment
and services for the largest OEM’s in healthcare. He has over 33 years of medical industry background working for and with the
largest manufacturers in the medical equipment business. Read’s skills in management, organization, sales, service and support
will provide PCT with the leadership required to move PCT Corp. into the defined markets PCT has initially targeted.
Source
Ron Hrynyk - Acquisition partner for Ontario entity
(high profile deals listed below)
With the new Europe entity that was uncovered with DD here, also note below the UK connection!
What he's done in the last 5 years as per his LI acct: (https://linkedin.com/in/ronald-hrynyk-4156256/)
Ceo of HR Corporate Strategies Ltd.
Mergers & Acquisitions, Financing and strategic consulting advice
**Funded Shareholder activist group and management for accountable Board changes to Current Water Technologies.
**Current Water Technologies Funded for $3m & merged Pumptonics in for $3m.
**Acquisition of WCCS into Budd Hutt Inc for $10m
**Acquisition of Royal Oaks Golf Club in Moncton, and partner, built out for $18m.
**Funded and sold Pumptronics USA LLC to Acqa-Tech Dewatering Company for Florida expansion.
**Acquisition of ANB Canada by Griffen Skye and completed the funding for $26m
**Coordinated the Sale of Partners REIT control Block to Private Realestate investor at $7.00 in 2014.
**Funding and merger of CA Bancorp with Partners REIT or $56m
**Acquired CA Bancorp from John Driscoll , public listed closed end fund with $70m in cash
**Funding and creation of Brompton Goldman Sachs Income Builder Closed End fund for $107m with Goldman Sachs in NYC for Canada with RBC & CIBC as co leads
**Funding and acquisition of Highview Financial Group, ICMP model with Urbana by Tom Caldwell
**Funding for Cansortium with US based investors for $5m at $1.00, Cansortium LLC, going public after raising $65m at $3.50, in 2019. Market Cap $650m USF pre IPO.
**Funded and sold Argentum Mortgage & Finance, a Canadian Mortgage Broker with over 600 brokers
**Sale of Monarch Wealth financial, 3 different purchasers, including AIM listed company in the UK.
**Funding for Contrans Corp Income Trust for $40m with RBC & Brad Griffiths at Standard Securities
Time to FLY is here folks.... strap in.
$PCTL TO THE MOON!!!
imho
Exactly. Some get it. Others, well... not so much
Your own DD shows they TERMINATED Magnolia in the 10Q dated 5/5/19 (as you bolded, all within a 5 weeks span)
Do you have a current 10Q that shows the Ontario deal terminated? No, you don't.
Why: Because it doesn't exist and instead their was an extension where terms allowed for them to move forward with negotiations WITHOUT termination.
THAT, should be clear to all
$PCTL TO THE MOON
imho
only a few caught that... :)
Please show where it says there is a firm termination date. Perhaps it's written in invisible ink?
It clearly states: If a definitive agreement is not executed by the parties on or before July 30, 2019 (or such other date agreed to by the parties), the LOI will terminate.
Do you have affirmative information showing this is terminated? I think not. As far as the timeline, it's seen via the August 8K, it says:
Item 8.01 Other Events.
On July 12, 2019, the Registrant entered into a binding letter of intent (the “LOI”) with 2705908 Ontario Inc. (“Ontario”), a recently incorporated Canadian company. Pursuant to the terms of the LOI, the parties agreed to negotiate and enter into a definitive agreement by July 30, 2019 pursuant to which, by way of a loan agreement and option agreement, Ontario would have been entitled to acquire at least 51% control of the Registrant, through the acquisition of common shares in the capital of the Registrant and direct issuance(s) of common shares from the Registrant (the “Proposed Transaction”). The scheduled closing date of July 30, 2019 was very aggressively set due to an effort to repay certain convertible debt before the prepayment dates and the conversion of such debt into shares of common stock. The due diligence of both organizations has taken longer than anticipated. Both companies are negotiating in good faith and on the stated terms with best efforts and an intention of moving forward and closing the transaction as efficiently as possible and have executed an extension of the LOI through August 19, 2019. A copy of the extension is attached as Exhibit 10.1.
Exhibit 10.1
Filings:
10Q
8K
LOI details explain current debt will be wiped with Ontario deal.
Ontario will enter into a loan agreement with the Registrant (the “Loan Agreement”) pursuant to which Ontario will make a secured loan of US$1,450,000 (the “Loan”) to the Registrant on or before the Closing Date (July 30, 2019). A portion of the Loan amount shall be placed into the trust account of legal counsel to Ontario and directed to fully repay approximately US$750,000 principal amount of convertible debt of the Registrant (the “Convertible Debt”) that is currently outstanding, and the balance shall be used as working capital.
Yet here you are feeling the need to keep spewing negative posts.
oh, and LONGS are not looking for dimeland, that would be lunch money flippers... LONGS are holding for paper.... and Paper is imminent. Mark it.
We'll revisit when it happens down the road once Ron H. ramps this business up with his resources...
$PCTL TO THE MOON
imho
Exactly. Rookie put himself out there and even provided a reporting link.
Sounds legit, for now.
Not like they aren't going to try to gain cheapies and lower their exposure, just to be safe. They want as cheap as possible and if that news is confirmed by someone else and gets back to "other players" they are definitely going to manipulate and get as cheap as possible for the eventual filing..
$PCTL TO THE MOON
imho
DD - RESEARCH NOW B4 its TOO LATE
In order to be successful in any venture, a company must have 2 very important things:
1. A product that solves a real world problem
2. Company leadership that has proven itself either through previous ventures or current success with the company
FOLKS, PCTL HAS THESE THINGS AND MORE!!! Don't be fooled by the drop!
Below is a good portion of the DD done here, by myself and others. Do YOURS now!
CURRENT NEWS & INFO:
What's happening with $PCTL you ask?
1. Magnolia deal publicly terminated to clear the way for the new deal announcement (LINK)
2. 10q expected - due
3. 8k expected - due
4. Acquisition by Ontario co and funding on the table - (LINK)
5. PCT holding patent to Annihilyzer, ground breaking technology for hospitals to fight HAIs
6. A top 5 hospital in the U.S. as a customer AFTER a successful trial period - Morgan Stanley Presbyterian Children’s Hospital (LINK)
7. The overall direct cost of HAIs to hospitals ranges from US $28 billion to 45 billion. While the range is wide, HAIs are clearly expensive. In addition, most HAIs are thought to be preventable
As of 8/29
Authorized- 300,000,000
Outstanding- 241,899,150
Restricted- 46,684,745
As per the LOI approximately 106 million on reserve for debt. Restricted increased to 46,684,745
The Problem: HAIs..... What are HAI's you ASK???
Roughly 1.7 million hospital-associated infections occur annually in acute-care hospitals which result in tens of thousands of
patient deaths and cost billions of dollars to the healthcare system. During a Becker's Hospital Review webinar, Dr. Lynn White,
a practicing and president of Patient Shield Concepts, reported the estimated direct medical cost of HAIs is around $10 billion
annually, not including cost-shifting to private payers. Including cost-shifting, HAIs may cost closer to between $35 billion
and $45 billion for acute-care hospitals annually. The total direct, indirect and nonmedical social costs of HAIs are estimated
at around $96 billion to $147 billion annually, including loss of work, legal costs and other patient factors.
The Solution: PCTL's Patented Annihilyzer® Infection Control System
Company Leadership:
Jody Read, CEO, PCTL
Gary Grieco stated, “Jody has proven himself over the past two years to be a great team leader and his expertise
in business management and healthcare equipment technologies will take PCTL and PCT Corp. to the next levels of
growth and profitability. I look forward to working with Jody and the entire PCT Team to drive PCT’s growth.”
Read joined PCT Corp. two years ago after successfully founding and managing Customer Service Associates, Inc. (CSA) for 18 years,
a $44 Million dollar a year sales and support organization for the healthcare market with over 350 employees providing equipment
and services for the largest OEM’s in healthcare. He has over 33 years of medical industry background working for and with the
largest manufacturers in the medical equipment business. Read’s skills in management, organization, sales, service and support
will provide PCT with the leadership required to move PCT Corp. into the defined markets PCT has initially targeted.
Source
Ron Hrynyk - Acquisition partner for Ontario entity
(high profile deals listed below)
With the new Europe entity that was uncovered with DD here, also note below the UK connection!
What he's done in the last 5 years as per his LI acct: (https://linkedin.com/in/ronald-hrynyk-4156256/)
Ceo of HR Corporate Strategies Ltd.
Mergers & Acquisitions, Financing and strategic consulting advice
**Funded Shareholder activist group and management for accountable Board changes to Current Water Technologies.
**Current Water Technologies Funded for $3m & merged Pumptonics in for $3m.
**Acquisition of WCCS into Budd Hutt Inc for $10m
**Acquisition of Royal Oaks Golf Club in Moncton, and partner, built out for $18m.
**Funded and sold Pumptronics USA LLC to Acqa-Tech Dewatering Company for Florida expansion.
**Acquisition of ANB Canada by Griffen Skye and completed the funding for $26m
**Coordinated the Sale of Partners REIT control Block to Private Realestate investor at $7.00 in 2014.
**Funding and merger of CA Bancorp with Partners REIT or $56m
**Acquired CA Bancorp from John Driscoll , public listed closed end fund with $70m in cash
**Funding and creation of Brompton Goldman Sachs Income Builder Closed End fund for $107m with Goldman Sachs in NYC for Canada with RBC & CIBC as co leads
**Funding and acquisition of Highview Financial Group, ICMP model with Urbana by Tom Caldwell
**Funding for Cansortium with US based investors for $5m at $1.00, Cansortium LLC, going public after raising $65m at $3.50, in 2019. Market Cap $650m USF pre IPO.
**Funded and sold Argentum Mortgage & Finance, a Canadian Mortgage Broker with over 600 brokers
**Sale of Monarch Wealth financial, 3 different purchasers, including AIM listed company in the UK.
**Funding for Contrans Corp Income Trust for $40m with RBC & Brad Griffiths at Standard Securities
Time to FLY is here folks.... strap in.
$PCTL TO THE MOON!!!
imho
Longs increased their position today (me, me, me) and flippers got burned with impending news set to be released EOW based on a recent post and convo...
Good Job!
$PCTL TO THE MOON
imho
Connections to PCT Ltd
IET, Inc.
Branagan & Associates, Inc.
Life Insurance Buyers, Inc.
Paradigm Convergence Technologies, Inc.
Gary Grieco holds the position of Chairman, President & Chief Financial Officer at PCT Ltd. and President, Secretary & Director at Paradigm Convergence Technologies, Inc. (a subsidiary of PCT Ltd.).
PCT Ltd.
4235 Commerce Street
Little River, SC 29566
Phone : +1.843.390.7900
Web : http://www.para-con.com
Well I've exhausted all my funds for this play. Thanks for all those CHEAPIES down here!!!
Will be back when it SOARS TO THE MOON! LONG & STRONG!!!!
$PCTL TO THE MOON
imho
0.01 x 1043417
FEED ME!
$PCTL TO THE MOON
imho
Correct.
Unfortunately I disagree with your thought process.
Shareholders are to be updated via filings, NOT email responses and LinkedIn comments. There is nothing stating they HAVE to respond or update anyone until the filings come, which ARE the updates. So hounding via emails just makes them go dark(er).
Are they late: Yes What does that mean to you?
To me, with over 20 years under my belt of executive roles in business management and growing companies, it simply means they are willing to pay the "fines" for late filings in order to try to complete the deal with the best terms for all, including shareholders.
Once this deal finalizes, you will see.
$PCTL TO THE MOON
imho
Definitely emotional and nobody has any idea the context of his reply other then "positive reinforcement about failing"..
could be marriage
could be business
could be he doesn't know how to change a spark plug
Anywho, gotta run... check back later unless my alert pings that we hit $1
Go to post # 27397 - Placed a screenshot
Appreciate the find. Just bad business sense whoever posted that. In no way will that assist in HELPING PCTL...
smh
No clue who chimed in here, but I think that is a bit unprofessional imho..
Hijack his comment putting him on blast? How do you people do business? Such things should NOT be associated with a comment on a random post...
smh...some people have no business sense. It's no wonder he isn't replying, probably tired of the 100s of emails asking the same thing over and over.
Yep, just dropped in for a dose of the zoo... Good for 12 hrs now ;)
Off to GTL
$PCTL TO THE MOON
imho
Was about to ask the same thing.
Bet that would make the flippers SMILE!
There's no pain in being green, STILL :)
Going to take ALOT to get me red. In deep here, and PROUDLY!
$PCTL TO THE MOON
imho
That 429k @114 just got BITCH SLAPPED!
Still green good sir and LONG & STRONG!
Will be a retirement to remember once PCTL hits! Early retirement that is ;)
$PCTL TO THE MOON
imho
I agree with your statement about a quiet period. Very usual practice in acquisitions and to be blunt, I haven't received a reply to my correspondence on Friday. (not that it matters) but it does imply the "quiet period" is in effect.
GREAT, not good, THINGS COMING TO $PCTL
$PCTL TO THE MOON
imho
Interesting info found on Ron H. of Ontario Co heading the acquisition.
Was researching some of his recent business dealings and came across a reply which has been posted below.
This is a company as you can see from pic 2, in which he was involved and the outline of his involvement included.
Looks to me that the Ontario deal is still a go and they are making sure all i's are dotted and T's crossed. Sound investment strategy imho
Pic 2
Not directly related to $PCTL, but shows the kind of investor coming in to GROW pctl
already on it too...
Can't post facts without evidence which there's NONE.
All signs point to deal being ironed out CORRECTLY and everything good to come once that is achieved properly.
NICE TRY
$PCTL TO THE MOON
imho
I'm with you. Adding here so sell me MORE!
Just making my LONG play that much better!
$PCTL TO THE MOON
imho
ASK being raised. Someone knows something WOOOHOOO
me thinks so. Keep your eyes open.
Anyone keeping tabs on PR or filings "as they happen"?
Something is brewing and ready to POP THE TOP ;)
$PCTL TO THE MOON
imho
Ah total misread, apologies good sir ;)
I'm going out for a liquid lunch. Expect to see 25s up when I get back.
SLAP THAT ASK!!
and just as you say that...
Seems like they are trying to shake the tree here and scare people. FOLKS hold onto your shares, do not GIVE them away at these prices! Stand strong and you will be rewarded!
$PCTL TO THE MOON
imho
700k+ sitting on 168...pretty solid ;) and 100k+ being taken down on the ASK... we are primed here folks!