PCT LTD
Discusses The
Potential of
The U.K. Market with The Stock Day Podcast
Little River, SC
-- October 5, 2020 --
InvestorsHub NewsWire -- PCT LTD (PCTL)
("the
Company")
announces that it presented on The Stock Day Podcast
today. PCT
LTD focuses
its business on acquiring, developing and providing sustainable,
environmentally safe disinfecting, cleaning and tracking
technologies. CEO, Gary Grieco, and CFO, Marion Sofield, joined
Stock Day host Everett Jolly.
Jolly began the
interview by asking about the Company's recent statement regarding
their entrance into the U.K. market. Grieco elaborated on the U.K.
healthcare system and how it compares to the healthcare system of
the United States. "We've been waiting quite a while to initiate
business in the U.K.," explained Grieco, noting the challenges of
the COVID-19 pandemic. "The significant difference is, we have
finally received a purchase order, with money, to initiate two
areas," continued Grieco, adding that these include hospitals and
fluid sales.
"It's exciting for
us to finally be moving forward with something where the impact of
this company over the coming years could be tens of millions of
dollars," said Grieco, adding that their primary focus will be to
expand into hospitals. "It could become an enormous profit center
for this company, and we're looking forward to having it develop
into that."
"Have you
considered going with distribution companies over there as well?",
asked Jolly. "The people over there and the people here want the
same thing - to address the problems with healthcare and
hospitals," said Grieco, noting the U.K.'s recent partnership
with Filta Group Holdings PLC.
The conversation
then turned to the Company's beta oil testing. "We have been
working on this project for two to three years, and it's
been strictly
lab-based," said Grieco. "The results have been extremely exciting
to us," he shared. "We have formed a collaborative partnership with
an oil and gas company," explained Grieco. "In about four weeks, we
are going to be commencing a test on those wells. It's going to
take months to get the actual results," he shared. "What we hope
and expect to see is a significant increase in
production."
Grieco then
explained that the Company's sustainable and environmentally
friendly technologies are applicable for a variety of industries,
including the oil and gas industry. "Just like when a person gets
healthier when the sickness goes away, oil and gas production will
increase when you remove those impediments."
Jolly then asked
Sofield about the Company's web development and marketing upgrades.
Sofield explained that the Company recently partnered with a
Virginia-based advertising and marketing firm. "They're going to
assist us with our marketing, acquisition, and branding efforts,"
said Sofield. "It's going to be a ground-up redesign of the PCTL
website," she added, before elaborating on the advanced
functionality and features of the new site. "We'll be
suring
up that digital
presence very soon."
"Another thing I
would like to discuss is our late filings, and how they are a thing
of the past," said Sofield. "They were a result of domino effects
that were mainly exacerbated by the onset of the coronavirus
pandemic and the travel restrictions," she continued. "However, on
our end, we have taken measures to be better prepared," said
Sofield. "As we settle more and more of the company's convertible
debt, our derivative accounting is becoming more and more
manageable and less cumbersome," she continued. "There have been no
conversions on the convertible debt since the end of
2019."
Sofield then
expanded on the talent and dedication of the Company's team. "This
business isn't an easy-to-learn business, but it is a business,"
said Sofield. "So, we just keep applying sound business practices,
we put our own unique spin on our world-changing products, and we
remind everyone everyday that we are working here to
leave a legacy in this world."
To hear Gary Grieco's entire interview, follow the link to the
podcast here:
https://stockdaymedia.com/podcast-interviews/
Investors Hangout
is a proud sponsor of "Stock Day," and Stock Day Media encourages
listeners to visit the company's message board at
https://investorshangout.com/
About PCT
LTD:
PCT LTD ("PCTL")
focuses its business on acquiring, developing and providing sustainable,
environmentally safe 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). Currently trading on OTC:PINK, "PCTL"
is actively engaged in applying for listing its common stock to the
OTC QB market. 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.
Forward-Looking
Statements:
This press release
contains "forward-looking statements" as defined in Section 27A of
the Securities Act of 1933, as amended, and Section 21B of the
Securities Exchange Act of 1934, as amended. Any statements that
express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, goals,
assumptions or future events or performance are not statements of
historical fact and may be "forward-looking statements."
Such statements are
based on expectations, estimates and projections at the time the
statements are made that involve a number of risks and uncertainties, which
could cause actual results or events to differ materially from
those presently anticipated. Such statements involve risks and
uncertainties, including but not limited to: the ability of PCTL to
fulfill orders to the United Kingdom; PCTL's continued
installation of equipment; subsequent installations of PCTL's
Annihilyzer Infection Control Systems and other larger-volume
equipment; PCTL's ability to raise sufficient funds to satisfy its
working capital requirements; the ability of PCTL to execute its
business plan; any other effects resulting from the information
disclosed above; risks and effects of legal and administrative
proceedings and government regulation; future financial and
operational results; competition; general economic conditions; and
the ability to manage and continue growth. Should one or more of
these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual outcomes may vary materially
from those indicated. Important factors that could cause actual
results to differ materially from the forward-looking statements
PCTL makes in this press release include market conditions and
those set forth in reports or documents it files from time to time
with the SEC. PCTL undertakes no obligation to revise or update
such statements to reflect current events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events.
Gary Grieco, CEO
and Chairman, PCT LTD
+1(843) 390-7900
Office
+1(843) 390-2347
Fax
www.para-con.com
www.pctcorphealth.com
www.survivalyte.com
Rich Inza, Investor
Relations (RMJ Consulting, LLC)
+1(843)
491-4611
IR@para-con.com
About The
"Stock Day" Podcast
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SOURCE:
Stock Day
Media
(602) 821-1102