PCT Ltd (PCTL)

[beer$$money]

LOL Publicly held companies must include a Safe Harbor Statement in their press releases. It's also included in every SEC filing for every Public Company!!

It goes at the end of the press release issued by a public company in which the information could be considered “forward-looking,” by having an impact on the future performance of the company.

Safe Harbor language was required as part of the Private Securities Litigation Reform Act of 1995 and is supposed to be a protection for investors and for companies, letting investors know when content in a press release could have an impact on future performance such as stock price.

It’s also protection for the public company (hence the title “safe harbor provision”), with the idea being if you let the public know in your release that it included “forward-looking statements,” you somewhat reduce your liability from shareholder actions, especially lawsuits.

Safe Harbor Statement Sample Clauses:
https://www.lawinsider.com/clause/safe-harbor-statement

In this form 10-Q references to “PCT LTD”, “the Company”, “we,” “us,” “our” and similar terms refer to PCT LTD and its wholly owned operating subsidiary, Paradigm Convergence Technologies Corporation (“Paradigm”).


FORWARD-LOOKING STATEMENTS
This document contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including, but not limited to, any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements concerning proposed new services or developments; any statements regarding future economic conditions or performance; any statements or belief; and any statements of assumptions underlying any of the foregoing.



Forward-looking statements may include the words “may,” “could,” “estimate,” “intend,” “continue,” “believe,” “expect” or “anticipate” or other similar words. These forward-looking statements present our estimates and assumptions only as of the date of this report. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the dates on which they are made. We do not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the dates they are made. You should, however, consult further disclosures we make in this Quarterly Report on Form 10-Q, future Quarterly Reports on Form 10-Q, our Annual Report on Form 10-K and Current Reports on Form 8-K.



Although we believe that the expectations reflected in any of our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties. The factors impacting these risks and uncertainties include, but are not limited to:



• our ability to efficiently manage and repay our debt obligations;
• our inability to raise additional financing for working capital;
• our ability to generate sufficient revenue in our targeted markets to support operations;
• significant dilution resulting from our financing activities;
• actions and initiatives taken by both current and potential competitors;
• supply chain disruptions for components used in our products;
• manufacturers inability to deliver components or products on time;
• our ability to diversify our operations;
• the fact that our accounting policies and methods are fundamental to how we report our financial condition and results of operations, and they may require management to make estimates about matters that are inherently uncertain;
• adverse state or federal legislation or regulation that increases the costs of compliance, or adverse findings by a regulator with respect to existing operations;
• changes in U.S. GAAP or in the legal, regulatory and legislative environments in the markets in which we operate;
• deterioration in general or global economic, market and political conditions;
• inability to efficiently manage our operations;
• inability to achieve future operating results;
• the unavailability of funds for capital expenditures;
• our ability to recruit, hire and retain key employees;
• the global impact of COVID-19 on the United States economy and out operations;
• the inability of management to effectively implement our strategies and business plans; and
• the other risks and uncertainties detailed in this report.


In this form 10-Q references to “PCT LTD”, “the Company”, “we,” “us,” “our” and similar terms refer to PCT LTD and its wholly owned operating subsidiary, Paradigm Convergence Technologies Corporation (“Paradigm”).

https://www.otcmarkets.com/filing/html?id=15820320&guid=UmawkKXJED_Eh3h