namtae
3 days ago
I noticed not a mention of complying with any regulatory body or otcmarkets or providing financials so shareholders can see what a mess PCT is in
During the past several months, leading up to this corporate restructuring, I have met and spoken with several CEO’s, President’s and Owners of companies, who are extremely networked both domestically and internationally in agriculture, healthcare, water treatments and more. All agree that when PCT’s products are included with their existing products or as a stand-alone product, sales will explode.
Typical, low class penny stock hype. Disgraceful
In addition to the above, another pledge to you, our valued shareholders, is that I will place more emphasis to better communicate with you,
Gee, where have I heard this before? Dont these people have an ounce of humility than to make such a embarrassing, insulting statement...again?
PennyStockTrader2
3 days ago
shareholder letter just posted ... wow
https://pctl.com/press-releases/
This will literally explode once trading resumes along with forthcoming announcements mentioned. i love the part about getting rid of all overhead within the company and incentivizing others.
October 30, 2024
Dear PCTL Shareholders,
Effective October 24, 2024, Gary Grieco resigned his position as Chairman of the Board and Chief Executive Officer of PCT LTD and as CEO of PCT Corporation. On this same date, Greg Albers and Paul Branagan resigned their positions as directors on PCT LTD’s Board. A new Board of Directors will be announced shortly.
As you may already know, through an 8-K filed with the SEC this week, along with a Press Release, I’ve been appointed as the new Chairman and CEO of PCT LTD and CEO of PCT Corporation. I will remain in my current role as CFO of PCT LTD and PCT Corporation until experienced, very well-qualified replacements are found.
Please allow me to share my vision for PCT LTD and PCT Corporation’s near and not too distant future:
PCT LTD and PCT Corporation are entering a new era. It is no secret that to-date, PCT has overwhelmingly underachieved. Upon entering this “new era”, bottom-line growth will be achieved by forging alliances with successful, growth-oriented companies, new distributors throughout the world and new, successful, and influential business partners, all the while continuing to work with and assist our current distributors with their growth. Many new distributors and partners are already on board, with Press Releases coming soon to announce new ventures and alliances.
One of PCT’s numerous goals is to achieve consistent, month after month, sales growth. Consistent cash flow brings a strong cash position and a debt-free balance sheet, along with a very prosperous and profitable P&L.
Top of the list among very high priorities is for PCT to begin trading again on the OTC market.
During the past several months, leading up to this corporate restructuring, I have met and spoken with several CEO’s, President’s and Owners of companies, who are extremely networked both domestically and internationally in agriculture, healthcare, water treatments and more. All agree that when PCT’s products are included with their existing products or as a stand-alone product, sales will explode.
Agriculture agreements have been signed. Two new distribution centers, operated independently of PCT, have been established……one in Northern California, ready to serve the West Coast, mid-West and Central USA and one in Conway, SC, ready to serve the East Coast, mid-East and Central USA.
PCT’s operating expenses have been cut to the bone. PCT no longer operates a warehouse in Little River, SC and no longer is liable for operating expenses in connection with production or distribution. All anolyte and catholyte fluids will be produced from the east and west coast distributors. PCT’s 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, such as agriculture, healthcare, hospitality, education, entertainment, airports, correctional facilities and more are onboard, both domestically and internationally.
Strategic alliances have been formed with international companies/distributors throughout the world with representations in Italy, Peru, France and South America.
PCT is committed to invest in Research and Development to improve its Anolyte and Catholyte producing equipment, as well as to improve its EPA registered Hydrolyte/HOCl product.
In addition to the above, another pledge to you, our valued shareholders, is that I will place more emphasis to better communicate with you, through quarterly podcasts and shareholder letters. Major, impactful and material events will be communicated through press releases and, when required, 8-K’s.
In closing, I want to thank you for your extreme patience and continued support. I look forward to the many challenges which lie ahead to make PCT the corporation you and I invested and placed faith in a long time ago.
Best Regards,
Arthur E. Abraham
Chief Executive Officer
Godough
4 days ago
PCT appears to have been operating behind the curtain, are these for agriculture related markets?
Two new distribution centers, operated independently of PCT, have
been established……one in Northern California, ready to serve the West Coast, mid-West and Central USA and
one in Conway, SC, ready to serve the East Coast, mid-East and Central USA.