There has been some concern regarding the SEC susp
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Posted On: 04/25/2020 9:49:12 AM
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="/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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(0)PCT Ltd. (PCTL) Stock Research Links
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