Backstabbed
1 week ago
Dear PCTL Shareholders,
Now that fiscal year 2024 has ended, Iβd like to take a few moments to reflect on the recent past and the year ahead.
During the past two years, the companyβs direction was misguided and appeared to exist with a singular, self-absorbed agenda, all of which led the entire corporation into a downward spiral, culminating in the October 2024 resignation of its Chairman and CEO, Board Members and the separation of the once wholly owned subsidiary, 21st Century Energy Solutions, Inc. from PCT LTD. PCT LTD still owns a portion of 21st Century Energy Solutions, Inc., until such time that 11.5M shares are distributed by 21st Century Energy Solutions, Inc. to PCT LTD.
I will not allow the past to define the corporation or deter me from accomplishing whatβs required for PCT LTD and PCT Corporation to begin its ascent toward becoming the company we believe it can be. In fact, the ascent has already begun.
Since my October 30th shareholder letter, Iβve forged alliances with existing, successful, growth-oriented companies and with influential business partners. New distributors have been established in SC and CA, along with two new international distributors in Italy and South America, all with the goal to produce and distribute HOCl and Agriculture products, whereby eradicating worldwide health and hunger issues. Press Releases will be forthcoming in the weeks and months ahead regarding these new ventures, alliances and more.
As Rome was not built in a day, neither will PCT. PCTβs steady growth, while addressing its past obligations, is only part of the enormous challenges which lie ahead. Progress toward a prosperous new year is being made daily.
Thank you again for your extreme patience and continued support.
Best Regards,
Arthur E. Abraham
Chief Executive Officer
thegreencandle
4 weeks ago
Hmm, weird that a fake company, with no location, run by some dude who totally tanked the stock, from his basement in Utah, with no staff or sales, isn't answering their phones. It's a true mystery.
I"ve been calling the office number and no one answers.
PennyStockTrader2
2 months ago
A couple things, it depends how much did you pay for your shares, whats your avg, I mean whatever it is, say .002 probably higher, its basically a full loss if you take it. As far as a miracle, I wouldnt say miracle though it seems like it. Read the shareholder letter again, here are some points:
https://pctl.com/wp-content/uploads/2024/10/shareholder-letter.docx
- Agriculture agreements have been signed.
- Two new distribution centers, operated independently of PCT, have been established
- PCTβs operating expenses have been cut to the bone.
- PCTβs 2025 financial plan is quite simple: increase revenue and pay off debt via sales growth.
- A non-employee, commission-based sales team with individuals well connected within industries
- Strategic alliances have been formed with international companies/distributors throughout the world with representations in Italy, Peru, France and South America
- and much more
So you think that is all made up? Of course its not what dope would do that. Dont listen to the bozos on this board or elsewhere telling you its all "fake", bla bla bla. They're sore that they sold out near the bottom and when they see execution of the plan they will scurry like mice, or keep peddling falsehoods. Sure, the company was not properly run to date, that has been acknowledged. But that is in the past and there is a new sheriff in town All in Art as some have said.
Read the letter again and be determined to stick it out. IF youre lucky youll be able to buy, not sell, shares when it starts trading again, though by that time there may enough news out there to start the price at, I dont know, .002, its too early to say, but if its low enough I will pick up where I left off in my buying. In the meantime the Canadians rule the roost, not fair, but lifes not fair.
Good luck to you in whatever decision you make.