PCT Ltd (PCTL)

[davidsan]

Would LOVE another oil&gas contract to be announced!

We have been informed of Maverick's initial 1 million plus gallon order for Hydrolyte, to be filled over the next 12 months, announced November 2020 I believe, which I suspect didn't begin larger orders as quickly as PCTL had expected. But still, that one contract for 1 million gallons equals multiple millions of dollars in revenue in 2021, so that's great.

And that order was to be split 500 gallons for use/sale by Maverick within the oil & gas industry, and 500 gallons outside of the oil & gas industry. A great vote of confidence that Maverick set up an entirely new division outside of the oil & gas industry for this purpose.

And that contract came after first successful lab tests, then successful field tests.

Now, Catholyte, a biproduct of Hydrolyte production, has seen successful lab tests, and very successful initial field tests, for which an initial formal report was prepared by a well known 3rd party industry testing expert for distribution to experts within the oil & gas industry, and further tests for varying applications are continuing in the field, already about a month into phase 2. Following a similar path to Hydrolyte, only with significant 3rd party industry expert involvement this time around. Yee Haw!

I fully expect we'll begin to see contract announcements for Catholyte anytime now, and possibly additional contracts beginning to come in for Hydrolyte as well.

Would LOVE to see those begin to be announced soon! But IMHO they are absolutely on the way, and this will be HUGE! And, of course, that's only part of this; PCTL is involved in other industries as well, here in the US and elsewhere. As I've said before, a major global growth story in the birthing!

Long & Strong!