WEEK AWAY! ADDED SOME MEAT TO THE AGENDA: Gary
Post# of 1425
Gary Grieco said “We are proud and extremely excited about all of the progress we have made at PCT in the last several months. I look forward to sharing more details with shareholders on September 29, 2020".
Here are some additional details to prepare you :
1. PCT’s US marketing efforts of its patented Annihilyzer® Infection Control System.
https://www.businesswire.com/news/home/202009...Q2-Revenue
President Bill Prince . “It has been a busy year for us. The momentum that began in late March has continued, and we’ve been able to build on our success with more distributors, fluid sales, and Annihilyzer® placements, including the 5 we recently released news about. We’re firing on all cylinders and our AR increases reflect that growth.”
The company recently added a new distributor to their growing network and announced the placement of 5 additional rack-mounted Annihilyzer® Infection Control Systems to an existing NYC hospital client. The company is preparing for additional machine installations throughout the rest of 2020 and plans on adding additional distributorships as well.
2. Update of activities in the United Kingdom
NHS (United Kingdom Health Services).
NTH is part of the NHS
Here is the PR with the PCT NTH connection
"Paradigm Convergence Technologies (Europe) Ltd, aligned with NTH Solutions and PCT LTD confirms that PCT LTD’s equipment, generating Hypochlorous Acid- (“HOCl-”) based disinfectant, is being delivered for use in the cleaning and disinfecting services market segment by NTH Solutions and a company strategically aligned with NTH Solutions ."
https://www.para-con.com/images/docs/PCTL09-09-20.pdf
NTH Website
"NTH Solutions has partnered with PCT Europe to launch its revolutionary, decontamination solutions to support organisations across the UK with their infection control and deep cleaning."
https://nthsolutions.co.uk/services/the-annihylyzer/
NTH video showing the Annihilzyer system
3. Settlement of outstanding debt and increasing shareholder value
https://www.businesswire.com/news/home/202009...Q2-Revenue
Gary Grieco : "We remain committed to increasing shareholder value and are taking multiple steps on those fronts .”
The company anticipates releasing further updates at regular intervals going forward.
4. PCTs plans to apply to the OTCQB
https://www.businesswire.com/news/home/202009...rence-Call
PCT LTD (OTC Pink: “PCTL”) has filed its application and submitted the required fee to list PCTL for trading on the OTC QB market .
5. Web development, including website redesign and digital initiatives
https://finance.yahoo.com/news/pct-ltd-provid...00407.html
PCTL is working on unveiling a new distributor directory website which will include contact information for each distributor as well as additional information on PCTL’s EPA registered solution, under US EPA Registration No. 92108-1. The distributor-centered website, www.pctcorporation.com, will be linked to the Company’s other active websites (http://www.para-con.com and http://www.pctcorphealth.com) and is in the development process at this time .
"Due to high demand, we wanted to provide an outlet for those interested parties to find and contact the authorized distributor in their area," says PCTL CEO Gary Grieco. "Our distributors are a key portion of our business as well as our growth strategy. They assist in promoting the Hydrolyte® brand. Anything we can do to point people in their direction is a win for everyone."
6. Additional activities in the healthcare and oil and gas industries
https://www.businesswire.com/news/home/202008...e-Decrease
Research and development expenses for 2019 were due to testing of the application of the Hydrolyte® technology in the oil and gas industry; as a biocide in institutional facilities, such as, hospitals, jails and medical facilities; and in agriculture and food processing .
7. PCT guidance for remainder of 2020
https://www.businesswire.com/news/home/202008...e-Decrease
Increased placements of the company’s Annihilyzer® Infection Control System has been ongoing domestically and abroad. The company has been on a record-breaking pace in 2020 and expects to report increased growth and revenue consistently through the end of the year .
“2019 was good for us in terms of revenue growth and expansion compared to 2018,” says PCT Corp President Bill Prince. “However, 2020 has so far presented us with a tremendous growth opportunity unlike anything we saw in 2019 . We are excited and proud to have added more distributors and sub-registrants at an accelerated pace. We’ve been able to shore up existing markets while entering and expanding our footprint in other regions, including internationally . Lastly, we’ve increased our fluid output exponentially and placed more machines in more facilities than ever before .”