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Saturday, July 24, 2021

PCT Ltd (OTCMKTS: PCTL) Powerful Reversal Forming as Hydrolyte Gains Traction and Investors Await Coming Release on Two New Subsidiaries & JVs

PCT Ltd (OTCMKTS: PCTL) is making a powerhouse move up the charts after reversing off support levels just over the $0.01 mark. The stock has a long history of highly explosive moves skyrocketing from triple zeroes to highs of a dime in early 2020, a historic run that Microcapdaily reported on back in the day. Currently PCTL is under heavy accumulation on a massive surge of volume and has a significant gap to fill from current levels with investors looking at current price levels as significantly oversold. PCTL is quickly emerging as an investor favorite and is currently among the most actively searched and talked about stocks in small caps. The stock is looking to blaze a path along the likes of Tesoro or Enzolytics – Tesoro went to multi-dollars – a break over $0.025-$0.03 level marks the first leg up, a break over $0.10 and its blue skies ahead for PCTL. 

PCTL reversal gained traction after the Company announced on twitter it will release more information on the two new subsidiaries and the JVs next week. The Company will explain this massive 0&G opportunity and their plan to effectively monetize fluid sales to the industry. In the face of coronavirusd PCTL’s Hydrolyte has been quickly gaining traction as witnessed by their growing revenus; last year the Company executed a domestic supply agreement with Maverick Energy Services and Maverick Environmental Solutions of Holdenville, Oklahoma for a minimum of 1,000,000 gallons of PCT Hydrolyte® to be delivered over the next twelve months. An initial order has been fulfilled on this contract. PCTL boasts fast growing revenues; Last month the Company reported Q1 results; Revenues for three months ended March 31, 2021, were $395,519, an increase of 45% from $272,812 in the same period of 2020. Also, recently the Company reported it has settled all outstanding warrants. 

PCT Ltd (OTCMKTS: PCTL) operating out of their offices on Commerce Street, in Little River, South Carolina is focused on acquiring, developing, and providing sustainable, environmentally responsible disinfecting, cleaning and tracking technologies. The Company acquires and holds rights to innovative products and technologies, which are commercialized through its wholly owned operating subsidiary, Paradigm Convergence Technologies Corporation (PCT Corp). The Company established entry into its target markets with commercially viable products in the United States and now continues to gain market share in the U.S. and U.K. PCTL is fully reporting OTC and has been “pink current” since April of this year. 

PCT launched its patented Annihilyzer® Infection control system, a revolutionary product line that reduces the likelihood of acquiring Hospital Associated Infections within hospitals in the United States and Europe. PCT’s Annihilyzer® System has now been deployed in about a dozen hospitals with some of the hospitals moving on to to multiple systems. 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. PCTL’s area of expertise is in preventing spread of infectious diseases by applying Hydrolyte (HOCl) to surfaces. PCTL’s Hydrolyte hasn’t been tested against variant forms of coronaviruses however it is anticipated the Company’s products used to clean & disinfect will be highly effective against variant forms of coronaviruses. 

In the face of coronavirus PCTL’s Hydrolyte has been quickly gaining traction as witnessed by their growing revenues; last year the Company executed a domestic supply agreement with Maverick Energy Services and Maverick Environmental Solutions of Holdenville, Oklahoma for a minimum of 1,000,000 gallons of PCT Hydrolyte® to be delivered over the next twelve months. An initial order has been fulfilled on this contract. 

PCTL’s Hydrolyte meets the requirement of the FDA and USDA, to be a non-rinse sanitizing agent. In the world of dealing with food, why not use a product that actually kills food-borne pathogens – without containing any toxic chemicals that would harm the quality of the product? Forget harsh, toxic chemicals. Our process only requires salt, water and electricity to produce two products –a chlorine-based antimicrobial agent and an excellent degreasing cleaner. Hydrolyte produces an effective variable PPM hypochlorous acid solution that is created through an electrolytic process called Electro-Chemical Activation (ECA). It occurs by temporarily modifying the properties of water, by passing weak salt brine through an electrolytic cell and temporarily changing the properties of the salt water into a powerful oxidizing agent exhibiting highly effective antimicrobial properties.  

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Last month the Company reported Q1 results; Revenues for three months ended March 31, 2021, were $395,519, an increase of 45% from $272,812 in the same period of 2020. The company recently installed its newest generation of the Annihilyzer® Infection Control equipment in a North Carolina hospital. Since that installation, management has assessed the new generator’s design and productivity in a real-world environment, and it has exceeded internal expectations for reliability and consistency. 

Gary Grieco, PCTL’s Chairman and Chief Executive Officer stated, “Our strategy, as we entered into 2021, was to establish a distribution network that allowed us an opportunity to capitalize on the ongoing efforts and to ensure the availability of Hydrolyte®, a highly effective, US EPA registered hospital disinfectant. We will continue to offer resources and support to our distributors and other ‘partners’ to move the leasing and/or sale of equipment, sale of fluids, and revenues from licensing, higher. As with all improved ideas, quality assurance is first assessed in the shop, but the final determination comes from within a functioning customer venue. We are encouraged with the performance of our newest Annihilyzer equipment and believe it can be a true leader in producing HOCl-based disinfectant and cleaner for all types of environments and surfaces. We also believe our distributors, clients, and customers, will all be impressed with the new equipment’s capabilities. Currently we have three more of our newest models being assessed during the rigorous quality assurance process we put them through, and we are building more of our newest generation of Annihilyzer Infection Control Systems in order to fulfill the orders that are in our sales pipeline.” 

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PCTL s making a powerhouse move up the charts after reversing off support levels just over the $0.01 mark. The stock has a long history of highly explosive moves skyrocketing from triple zeroes to highs of a dime in early 2020, a historic run that Microcapdaily reported on back in the day. Currently PCTL is under heavy accumulation on a massive surge of volume and has a significant gap to fill from current levels with investors looking at current price levels as significantly oversold. PCTL is quickly emerging as an investor favorite and is currently among the most actively searched and talked about stocks in small caps. The stock is looking to blaze a path along the likes of Tesoro or Enzolytics – Tesoro went to multi-dollars – a break over $0.025-$0.03 level marks the first leg up, a break over $0.10 and its blue skies ahead for PCTL. PCTL reversal gained traction after the Company announced on twitter it will release more information on the two new subsidiaries and the JVs next week. The Company will explain this massive 0&G opportunity and their plan to effectively monetize fluid sales to the industry. In the face of coronavirusd PCTL’s Hydrolyte has been quickly gaining traction as witnessed by their growing revenus; last year the Company executed a domestic supply agreement with Maverick Energy Services and Maverick Environmental Solutions of Holdenville, Oklahoma for a minimum of 1,000,000 gallons of PCT Hydrolyte® to be delivered over the next twelve months. An initial order has been fulfilled on this contract. PCTL boasts fast growing revenues; Last month the Company reported Q1 results; Revenues for three months ended March 31, 2021, were $395,519, an increase of 45% from $272,812 in the same period of 2020. Also, recently the Company reported it has settled all outstanding warrants. 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.

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