PCTL did major diluting to clean up some toxic financing. Prior to that they have sold shares to raise capital. Financially speaking, before this recent windfall PCTL was a respirator. They fell into a very fortunate position that presented itself before them just because of a product they happen to produce and sell.
PCTL would not have advance so quickly to have cash flow to cover their burn-rate, be on an accelerated pace towards profitability and be prepared for double-digit growth into Q2 and beyond had it not been an increased attention of the ongoing coronavirus pandemic.
That being said the real gem in PCTL is their "Flagship" product the Annihilyzer. When they boost sales of that baby then things are really going to get hot. It is one the best if not the best Infection Control Systems on the market and it is definitely the most versatile and cost effective one.
No change in share structure in the last 10 days. Here is the most current share structure and previous numbers from 10 days ago.
Date: May 12, 2020, 3:47 PM Hi XXXX,
We currently show 1,000,000,000 authorized, 561,701,486 Outstanding, 50,741,290 restricted, and 510,960,196 free trading shares for PCTL.
Thank you, Amy Merrill Standard Registrar and Transfer Company 440 East 400 South, Suite 200 Salt Lake City, UT 84111 Phone: 801-571-8844 or 801-596-2150 www.standardtransferco.com
Date: May 22, 2020, 1:59 PM XXXX,
Amy is out of the office today, but asked me to forward you the share structure for PCT. Please see below.
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