PCT Ltd (PCTL)

[niczar]

I fully agree.

Demand simply dropped off.

Many here assumed that with Covid and us providing a product used to combat it there would be a HUGE ongoing demand.

Most all here based that demand on the projections of a misguided and somewhat ignorant CEO who raved about the Co. and the many prospects coming down the pike.


Possible factors:
- Competition from many Companies who had already been producing and selling HOCL.
-Lack of placement of equipment because the Co. never really had sufficient funds to manufacture it.
-Lack of competent sales staff and marketing to promote product and idea.
-Lack of qualified leadership to appoint people in positions that need to be filled in order to create and sustain growth.

The REAL meat and potatoes was supposed to come from the lucrative equipment leasing that employed the RFI technology.

If you can afford to market, sell, build and install there's nothing left but selling a fluid that's been in existence for over 125 years and is readily available from a hundred other providers.

There's many more but I think most get the picture.