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Posted On: 04/25/2020 9:49:12 AM
Post# of 1425
There has been some concern regarding the SEC suspending companies for false claims. These companies have made claims on their web sites, PR's and other social media platforms about CV-19. Those claims were unsupported by FDA or EPA approvals. I suppose it could also of been their claims were stated prior to FDA or EPA approval.
PCT Ltd's Emerging Viral Pathogens Claim was Issued on 3/31/2020. It can be found below. Click on the 3/31/20 PDF.
https://iaspub.epa.gov/apex/pesticides/f?p=PP...4::NO: src="/m/images/icons/icon_razz.gif" class="post_smiley" /> 8_PUID,P8_RINUM:513158,82341-4
The N list can be found below. PCT Ltd. is on page 4 as of today. EPA reg 92108-1
https://www.epa.gov/pesticide-registration/li...sars-cov-2
It's a SEC violation to state your product kills or tests for anything related to CV-19 with out FDA or EPA supporting documentation. Going back through the PCTL PR's and tweets as far as I can tell the company did not make any claim against CV-19 prior to 3/30/20.
PCTL did say since the CV-19 pandemic they have seen a increase in fluid sales. Some have said they were insinuating. I'm not a attorney, imo this does not mean they made a claim but just was saying business was increasing since the pandemic. I would assume if the SEC was going to suspend PCTL they would of by now.
One last thing,, the only thing the SEC can suspend a company for are false statements made by the company.
As shareholders we own part of the company. Shareholders are not employed by the company. The company can not control what a shareholder says about the company or anything else. I hope shareholders have the integrity to only state factual things though.
Have a very happy day and stay safe.
PCT Ltd's Emerging Viral Pathogens Claim was Issued on 3/31/2020. It can be found below. Click on the 3/31/20 PDF.
https://iaspub.epa.gov/apex/pesticides/f?p=PP...4::NO:
The N list can be found below. PCT Ltd. is on page 4 as of today. EPA reg 92108-1
https://www.epa.gov/pesticide-registration/li...sars-cov-2
It's a SEC violation to state your product kills or tests for anything related to CV-19 with out FDA or EPA supporting documentation. Going back through the PCTL PR's and tweets as far as I can tell the company did not make any claim against CV-19 prior to 3/30/20.
PCTL did say since the CV-19 pandemic they have seen a increase in fluid sales. Some have said they were insinuating. I'm not a attorney, imo this does not mean they made a claim but just was saying business was increasing since the pandemic. I would assume if the SEC was going to suspend PCTL they would of by now.
One last thing,, the only thing the SEC can suspend a company for are false statements made by the company.
As shareholders we own part of the company. Shareholders are not employed by the company. The company can not control what a shareholder says about the company or anything else. I hope shareholders have the integrity to only state factual things though.
Have a very happy day and stay safe.
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