April 21, 2020 CEO Interview worth a listen IMO
https://stockdaymedia.com/pct-ltd-discusses-i...l-21-2020/
3 new distributors already added.
3-4 new distributors signed in next few days.
hospitals applying system to more than just hospital rooms. Operating rooms, etc.
growing each month 30-40% month after month.
cash flow is now more that the burn rate.
by July, deliver 25 systems a month between health care and large capacity systems.
expanding facilities into: Fort Wayne Indiana, Oklahoma, Florida.
anticipate rapid growth this year and into the next.
UK deal - anticipate delivering 5 systems in July, but will increase 5 to 10 - 20 - 30 systems.
UK deal - total in excess of 1000+ hospitals.
signed an MOU in early January to deliver system to China. only delivered a couple systems.
tabled China discussions until late summer. prioritizing USA over China.
Fort Wayne facility has 12 inch water line, substation on site. already been making components.
power and water limiting factors in SC. Can only grow 40% more at SC position.
Little River SC will be R&D and specialty orders in future.
major problems behind us.
on a rapid growth path.
a lot of expansion in different sectors.
https://stockdaymedia.com/pct-ltd-discusses-i...l-21-2020/
3 new distributors already added.
3-4 new distributors signed in next few days.
hospitals applying system to more than just hospital rooms. Operating rooms, etc.
growing each month 30-40% month after month.
cash flow is now more that the burn rate.
by July, deliver 25 systems a month between health care and large capacity systems.
expanding facilities into: Fort Wayne Indiana, Oklahoma, Florida.
anticipate rapid growth this year and into the next.
UK deal - anticipate delivering 5 systems in July, but will increase 5 to 10 - 20 - 30 systems.
UK deal - total in excess of 1000+ hospitals.
signed an MOU in early January to deliver system to China. only delivered a couple systems.
tabled China discussions until late summer. prioritizing USA over China.
Fort Wayne facility has 12 inch water line, substation on site. already been making components.
power and water limiting factors in SC. Can only grow 40% more at SC position.
Little River SC will be R&D and specialty orders in future.
major problems behind us.
on a rapid growth path.
a lot of expansion in different sectors.
1
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