SMALL RIVER, SC – (COMMERCIAL THREAD) –PCT LTD (OTC pink: PCTL) reports successful installation of four rack-mounted Annihilyzers® systems in another new New York hospital thanks to the efforts of the company’s distributor, ACE Janitorial. In addition, two other Annihilyzer® the systems are expected to be installed at another New York City hospital in early 2021.
The newly installed Annihilyzer® The systems provide hospitals and the healthcare industry at large with state-of-the-art disinfection and decontamination solutions that fight microbial infections during this global pandemic.
PCT LTD CEO Gary Grieco said, “We are proud to meet the growing demand for our products in New York hospitals. We are ready to ship and install more Annihilyzer® equipment now and in the new year.
PCTL is also providing an update to shareholders on the number of outstanding shares of its common stock. The actual number of shares outstanding was 721,187,846, of which 126,187,846 were restricted, as of November 30, 2020.
Gary Grieco, CEO of PCTL, commented, “In response to incoming questions, we recognize that we may have caused some confusion in making accurate estimates of the outstanding shares reported in our press release and subsequent 8-K. The intention was to quickly obtain important information on the settlement of previous convertible variable rate notes. Grieco added, “In addition to the updates announced in this release, there are many other ongoing activities that are likely to play an exciting role in PCTL 4’s record breaking.e trimester.”
About PCT Ltd:
PCT LTD (“PCTL”) focuses its activities on the acquisition, development and supply of sustainable and environmentally friendly disinfection, cleaning and monitoring technologies. The company acquires and owns the rights to innovative products and technologies, which are marketed through its wholly owned operating subsidiary, Paradigm Convergence Technologies Corporation (PCT Corp). Currently trading on OTC: PINK, “PCTL” continues to be actively engaged in applying to list its common shares on the OTC QB market. The company has established its entry into its target markets with commercially viable products in the United States and now continues to gain market share in the United States and the United Kingdom.
ADDITIONAL NEWS AND CORPORATE UPDATES:
PCTL would like to warn its shareholders and potential investors that important company information regarding sales, business lines and other company updates will only be provided through press releases or documents. filed with the SEC. PCTL does not use social media, message boards, or other online sources to disclose important information. The public should rely only on official press releases and documents filed by companies for accurate and up-to-date information about PCTL.
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. All statements which express or involve discussions regarding 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”.
These statements are based on expectations, estimates and projections at the time the statements are made, which involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those currently expected. . Such statements involve risks and uncertainties, including, but not limited to: PCTL’s ability to fulfill equipment orders; continued installation of equipment by PCTL; subsequent installations of PCTL Annihilyzer infection control systems and other larger volume equipment; PCTL’s ability to raise sufficient funds to meet its working capital requirements; the ability of PCTL to execute its business plan; any other effect resulting from the information disclosed above; the risks and effects of legal and administrative proceedings and government regulations; future financial and operational results; competetion; general economic conditions; and the ability to manage and sustain growth. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove to be incorrect, actual results may differ materially from those shown. Important factors that could cause actual results to differ materially from forward-looking statements made by PCTL in this press release include market conditions and those set forth in reports or documents that it files from time to time with the SEC. . PCTL assumes no obligation to revise or update these statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unforeseen events.