PCT Ltd (OTCMKTS: PCTL) recently saw a spectacular rise out of sub penny land to highs near a dime while the overal markets saw their worst declines in years. Now that PCTL has come back down Investors are looking for a comeback over previous highs.
The excitement on PCTL surrounds its patented PCT patented Annihilyzer® Infection control system that is currently being deployed in US hospitals. The Company recently reported a new purchase order to install the Annihilyzer® System at another New York City hospital.
PCT Ltd (OTCMKTS: PCTL) is a technology licensing company specializing in environmentally safe solutions for global sustainability. The company provides innovative products and technologies for eliminating contamination from water supplies, industrial fluids, hard surfaces, food processing equipment, and medical devices.
PCT launched its patented Annihilyzer® Infection control system, a revolutionary product line that reduces the likelihood of acquiring HAI’s (Hospital Associated Infections) within hospitals in the United States and Europe. The antimicrobial products delivered by the Annihilyzer® System create fatal damage to the cell walls of unwanted, dangerous pathogens such as antibiotic-resistant bacteria, viruses, yeast and fungi. the Annihilyzer® Infection Control System, was specifically designed for use in hospitals, assisted-living and nursing homes and other large facilities. In various configurations, the solution system can be deployed in urgent care centers, medical, dental and veterinary practices and other health care facilities. A complete and custom turn-key cleaning, sanitizing and disinfection program solution can be provided to each facility. It is also adaptable to deployment in schools, prisons, hotels and many other facilities.
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PCTL has put out a flurry of press in recent weeks. The Company reported a new purchase order to install the Annihilyzer® System at another New York City hospital as a result of the relationship with their primary healthcare distributor, ACE Janitorial Services.
The Company signed on to be a distributor and sub-registrant for PCT Corp. in Puerto Rico. Through a sub-registration licensing agreement, which includes royalty revenues to PCT Corp., ABC Medical will initially receive one large volume Hydrolyte® System for the purpose of producing, bottling, and distributing Hydrolyte® solution to their existing hospital and healthcare clients. The move signals the company’s first distribution agreement in an area outside the continental United States.
Last week PCTL said is is shipping a large order of 10,000 gallons of prepaid fluid(non-medical) to a reoccurring customer out in the MidWest, that are expected to reorder more on a regular. (More significant Revenue) The Company also said they are ramping up business for NEW CONTRACTS to help meet their growing demand.
On March 25 PCTL said it is continuing to expand business operations at a rapid rate while experiencing a dramatic increase in inquiries and orders from new and existing clients. Following up on an earlier release from March 18th; a second 10,000-gallon fluid order has been shipped to an existing customer in the Midwest. Recurring orders to this sub-registrant are expected to follow in the coming weeks.
I hope you have checked out Paradigm Convergence Technologies @PCTL2020
— Benjamin Franklin (@JosephB30482471) February 8, 2020
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PCTL may have a stop sign designation from OTCMarketsGroup but that hasn’t stopped it from becoming one of the top most traded stocks on the OTCBB. PCTL is an exciting story developing in small caps, the PCT Annihilyzer® System has now been deployed in at least 8 hospitals with some of the hospitals moving on to to multiple systems. PCT management said it expects to grow at the rate of a minimum of two hospitals a month for the first part of this year and then to double that for the second half of the year. Management is also well aware of the coronavirus connection recently stating at a conference call they are currently in negotiations regarding the coronavirus situation. PCTL had attracted a large shareholder base that believes in the Company and are looking for a return over previous highs. We will be updating on PCTL when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with PTCL.
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Disclosure: we hold no position in PCTL either long or short and we have not been compensated for this article.