@PCTL_ never had sales staff? That’s an interesting development in the unraveling of this scam. How many shares were sold into the South Carolina cleaning company acquisition that was supposed to bring “additional” salespeople?
Material Omissions and Overstated Unrealistic Developments is how this company pumped and dumped $30,000,000.oo worthless stock
The acquired company currently does about $200,000 in annual revenue and will increase substantially over the course of 2022 as corporate synergies between the companies begin. PCT will utilize the acquired company’s marketing expertise to bring new business and distribution channels to PCT, including equipment and fluid sales to local and national entities such as schools and healthcare facilities. PCT will handle all the back office support to facilitate new growth of the acquired company.
“We believe this acquisition will be mutually beneficial to both companies. They will give us access to new marketing channels and we will provide additional salespeople to begin bidding on local and national contracts. Combined revenue should start to ramp significantly during the third quarter of this year,” stated CEO Gary Grieco.
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