PCT Ltd (PCTL)

[AISI304]

PCT LTD Updated Statement Regarding U.K. Market Entry

https://ih.advfn.com/stock-market/USOTC/pct-pk-PCTL/stock-news/83385532/pct-ltd-updated-statement-regarding-u-k-market-en

October 02 2020 - 08:31AM

InvestorsHub NewsWire

PCT LTD Updated Statement Regarding U.K. Market
Entry

Little River, SC -- October 2, 2020 -- InvestorsHub NewsWire -- PCT LTD (OTC Pink: "PCTL" (https://ih.advfn.com/stockmarket/USOTC/pct-pk-PCTL/stock-price)) held their Shareholder Conference Call on September 29, 2020 and provide the following statement about the Company's activities in the United Kingdom and in the oil & gas industry.

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."

Several investors have asked for clarification regarding the oil and gas industry statements made during yesterday's shareholder conference call. No further information is public at this time, but the Company encourages everyone to review the audio recording of the conference call, which is posted in the investor relations section of our website, www.para-con.com (www.para-con.com).