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Posted On: 10/25/2019 7:15:09 PM
Post# of 1425
Re: truebeliever #124
This 8k talks about a change on October 4th "due to increased workload in the Registrant’s wholly-owned operating subsidiary (PCT Corp)."
It means business is growing!
It just became international and the CEO (PCT LTD) has IMO chosen to allocate their time & expertise to the operating subsidiary (PCT Corp) since that is where the product installations and deals occur.
IMO this is a sensible allocation of expertise and they are still the COO as well as a Director of the parent company (PCT LTD)
These press releases below show why this IMO makes sense.
October 4
"PCT Corp.installed the premier cabinet model of its Annihilyzer® Infection Control System this week at Mount Sinai South Nassau Medical Center located in Oceanside, NY."
https://www.newsfilecorp.com/release/48506/PC...rol-System
October 22
"The phase one installation will begin in November a ta large 500 bed hospital in England. Upon successful completion of this initial installation, a continuing flow of orders from associated UK hospitals is expected during 2020 "
https://www.newsfilecorp.com/release/49007/PC...ed-Kingdom
It means business is growing!
It just became international and the CEO (PCT LTD) has IMO chosen to allocate their time & expertise to the operating subsidiary (PCT Corp) since that is where the product installations and deals occur.
IMO this is a sensible allocation of expertise and they are still the COO as well as a Director of the parent company (PCT LTD)
These press releases below show why this IMO makes sense.
October 4
"PCT Corp.installed the premier cabinet model of its Annihilyzer® Infection Control System this week at Mount Sinai South Nassau Medical Center located in Oceanside, NY."
https://www.newsfilecorp.com/release/48506/PC...rol-System
October 22
"The phase one installation will begin in November a ta large 500 bed hospital in England. Upon successful completion of this initial installation, a continuing flow of orders from associated UK hospitals is expected during 2020 "
https://www.newsfilecorp.com/release/49007/PC...ed-Kingdom
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