PCTL "We take very seriously the importance of getting and remaining current with regard to our filings," says CEO Gary Grieco. "We are also aware of, and take very seriously, the potential effects on shareholder value. We remain committed to our shareholders and thank them for their patience. Rest assured that tremendous effort is being made on all fronts to complete our annual report and to file it as soon as it is completed, and consent from the auditors has been obtained."
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 29, 2020
STATUS OF PUBLIC REPORTS
The Registrant is diligently working towards the preparation and filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2019 (the “Annual Report”).
Due to the continued social distancing and limited travel protocols established by federal, state and local governments limiting physical contact as result of the global outbreak of the COVID-19 virus, many of the Registrant’s service providers (accountants, attorneys, auditors) are continuing to work remotely on a limited basis. This has slowed the accounting and auditing work required to compile, review and audit the Registrant’s financial statements for the year ended December 31, 2019 to be included in the Annual Report.
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