PCT Ltd (PCTL)

[falon]

There are 3 hospital networks that have been in the quoting phase since late August. I would have thought we would have received an update by now. From the PR dated August 25, 2020:

? 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.

“The quoting phase can be a necessarily lengthy process at times,” explains Darryl Patterson,PCTL’s Director of Healthcare. “At this stage, multiple parties within a hospital organization need to give their final approval before we can move forward. Once approved, we can schedule installations. “