PCT Ltd (PCTL)

[falon]

This is the consultant announcement from the 2020 1st 10Q NOTE 12. SUBSEQUENT EVENTS:

On July 8, 2020, the Company entered into a consulting agreement. Pursuant to the agreement the consultant will provide business development and introductory services for a period of five years in consideration for the issuance of 1,000,000 common shares of the Company and a 5% commission, paid in shares, for any investments brokered.

I sent IR some questions (2 weeks ago)about our recent hire:

Does anyone here have any info on the consultant?

I have some questions about the consultant that was hired July 8, 2020.

1. Who is it?

2. Resume or background?

3. Have they brokered any investments yet?

4. What markets are he/she targeting?

5. U.S. only or International too?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157840728

On or about June 17, 2020 PCTL had at least 25 Annihilyzers in 25 different hospitals.

Since then?

At least 10 more system installs on the Horizon:

Following up on an earlier release, a system installation was performed for an existing hospital client in NYC through PCTL’s primary healthcare distributor, ACE Janitorial Services. This installation was completed in mid-June, the last of three scheduled installations mentioned in an April 14th press release. The other two installations mentioned in the same announcement were completed and mentioned in a release on May 8th of this year.

Additional and ongoing activities in the US Healthcare market include, but are not limited to:

Installation of 5 additional systems with an existing NYC Hospital client.

Pending final approval for an additional installation of two systems at a third, existing NYC Hospital client.

In the quoting phase, an additional system order is pending approval for a large hospital network in upstate New York.

In the quoting phase, an additional system order is pending approval for a large hospital network in Connecticut.

In the quoting phase, an additional system order is pending approval for a large hospital network in Tennessee.

System orders which have reached the quoting phase, barring any unforeseen restrictions or difficulties, should receive final approval and be installed within 30-60 days. Existing healthcare clients awaiting final approval should see installations commence within 30-60 days.


Hopefully the system orders in the quoting phase will be done before the end of the quarter.

I would imagine PCTL is very busy building systems as 5 are needing now and 2 are awaiting final approval. I suspect the systems orders for upstate New York, Connecticut and Tennessee will be for multiple systems as they are hospitals networks not single hospitals.

This is certainly a sign of a growing company on the move to becoming more successful with many different avenues and systems configurations to get there per 2019 10K:


Annihilyzer Infection Control System – Hospital/Healthcare



Annihilyzer Infection Control System – Rack Model



Hydrolyte Generator – Large and Medium Volume



SurvivaLyte Manual Generator – Small Volume



Annihilyzer Hospital 360 SMART Spray Cart



School/Hospitality Industry and General Business 360 SMART Spray Cart


Other models of Hydrolyte® generating equipment are in research and development.

Markets: The primary applications for the Hydrolyte® technology are in cleaning, sanitizing, and disinfecting in a variety of market sectors and settings, including:


Institutional facilities, such as hospitals, nursing homes, hotels, correctional facilities and schools;


The agriculture industry for pre- and post-harvest disinfection of crops, sanitization in food processing, and certain applications in animal husbandry;


The oil and gas industry where Hydrolyte® can provide a process to disinfect water used in hydraulic fracking processes (“frac water”) and to kill sulfate reducing bacteria in “sour” oil and gas wells; and Catholyte can be used to clean equipment and aid in product recovery when applied “down hole”; and.


Other potential market opportunities are available, e.g., disinfecting and sanitizing of water in public and private water systems and industrial waste-water systems.


Management determined that the most direct paths to rapid revenue and earnings growth are in the institutional facilities and agriculture markets, although the agricultural market present some EPA-related barriers. The preponderance of business development and marketing resources are currently being devoted to these two markets. Management intends to also work to maintain our position and expertise in the oil and gas industry to assure that current customer relationships are maintained, business opportunities at hand are pursued and that we are properly positioned for a roll-out as, and when, drilling activity increases as anticipated. As further market development occurs, the Company anticipates considering and acting upon factual information.

Institutional Facilities: Hospitals, Health Care Facilities & Schools

PCT Corp.’s senior research and development personnel have developed several models of equipment to be deployed as a state-of-the-art integrated product dispensing, tracking (patented RFID tracking features) and management systems for applications in the institutional facilities market. This integrated technologies solution, branded as PCT’s Annihilyzer® Infection Control System, has been designed most particularly for hospitals, large long-term care, assisted living and nursing home facilities. In various configurations (utilizing a rack model) it in can be deployed in other health care facilities including urgent care centers, medical, dental and veterinary offices. It is adaptable to deployment in schools, prisons, hotels, and many other facilities, although the primary marketing and sales goal for PCT Corp. remains with the hospital market. A complete and custom turn-key cleaning and disinfection program solution can be provided to each facility.

The Company created and offers a proprietary automated state-of-the-art Electrostatic Spray Cart for use in hospital (or hospitality-industry) settings, allowing for rapid disinfecting of rooms once a patient (guest) has vacated the room. This system is designed to reduce the turnover time required between patients/guests, potentially increasing revenue opportunities, and improving efficiency of hospital/hotel personnel. A smaller scaled model of the electrostatic spray cart is available to other industries, such as hotels, transportation, schools, and other businesses.

PCT Corp. deploys its on-site production equipment under service contracts, charging an installation and set-up fee followed by monthly contract fees (some pricing models may include, or may be based on, a price per gallon of product used), over a contract period of approximately 3 – 5 years. The equipment is deployed and maintained through PCT Corp.’s personnel at first, then through specially-trained distributors. The Company is exploring the use of licensed commercial services companies to provide the future on-site support, as required. The product generators and other components of the on-site systems are currently monitored remotely by a PCT Corp. equipment specialist(s), but we are considering contracting with a monitoring company that is highly experienced and provides round the clock expertise in remote monitoring and response systems. The precise nature of any functional problems that may occur with any of the system’s components are, in most cases, automatically communicated via the internet to the monitoring and control center of the equipment. Any problem is then resolved through a three-tiered problem response system: first by remote access to the computerized system controls, second by an on-site technician call, and third through a “rapid replacement” program. If problems are not resolved by the first or second tier responses, then PCT Corp. would overnight ship replacement parts or, if necessary, a complete station or system and have the defective unit returned for repair.



FACTS not fiction