PCT Ltd (PCTL)

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PCTL business progression did not happen overnight nor over a few events but over many months, hurdles, frustrations and struggles.
Financial difficulties and trying to establish a foothold in the Infection Control industry just to name a few.

If PCTL takes care of business than the stock price will respond accordingly in the weeks, months and years to come.



Various Technological Advancements are set to Grow the Global Biotechnology Market

https://www.biospace.com/article/releases/various-technological-advancements-are-set-to-grow-the-global-biotechnology-market/

PCTL has made tremendous progess from significant a company milestone reached just 18 months ago (November 2018):

The company announced that they have, "reached significant company milestones through its wholly-owned operating subsidiary Paradigm Convergence Technologies Corporation (PCT Corp.). PCT Corp. has successfully completed two Beta Site trials and installations at major healthcare facilities, which have been converted into long-term agreements for its Annihilyzer® Infection Control Systems. PCT Corp. has also established agreements with several Manufacturing Representatives for geographical territories in the healthcare market. With these milestones achieved, PCT Corp. has commenced the full-scale marketing launch of its hospital infection control systems.

PCTL has seen the an explosive growth in sales and services in the last quarter and has deployed Annihilyzer Infection Control Systems in at least 13 hospitals and have expanded operations to at least 15 states/countries.

“We are in a position as a company on a cash flow basis to cover the burn-rate,” said Grieco. “So, we finally have free available cash flow,” he added. “We have to expand very rapidly. We see a need, starting in July, delivering at least 25 systems a month,” said Grieco.

We had to turn down business in a "Major Market" due to the Pandemic Crisis:

Grieco then addressed rumors that the Company is expanding into China. Grieco shared that the Company signed an MOU in January of 2020, which required the Company to deliver systems. “When the pandemic broke, we took that out of the equation,” said Grieco. “What we have done is tabled any discussions until late summer,” he continued. “I don’t feel that we should be shipping any systems anywhere as long as we need them here in the United States.”