PCT LTD - PCTL STOCK NEWS

PCT LTD (PCTL) has launched a new retail e-commerce store, providing access to its infection control products to consumers, small businesses, and medical facilities. The store features the EPA registered Hydrolyte® disinfectant, effective against SARS-CoV-2 and Monkeypox, and the Catholyte-Zero® cleaner/degreaser, both designed for safety and low toxicity. CEO Gary Grieco emphasizes the importance of eco-friendly disinfectants. This initiative broadens market reach and highlights the company’s commitment to sustainability.

PCT LTD (OTC PINK: PCTL) announced significant progress across its business sectors, particularly in healthcare and oil & gas. The formation of a new subsidiary, 21st Century Healthcare, will facilitate the transfer of healthcare assets, aiming to enhance growth without additional shareholder dilution. The company anticipates increased contracts with healthcare facilities in new markets and plans to commence large-scale drilling with LeadGreen Energy Services by July, potentially leading to enhanced opportunities in the third quarter.

PCT LTD (OTC Pink: PCTL) has signed a Memorandum of Understanding (MOU) with LeadGreen Energy Services Limited to bolster its oil recovery efforts in Missouri. This partnership entails a cash investment for drilling a 7-spot pattern in the Grassy Creek formation, aimed at demonstrating the Enhanced Oil Recovery methods utilizing PCT’s technologies. The company anticipates generating $5-$10 million in revenue from its oil and gas division over the next year as it begins to monetize this initiative, following a long-awaited timeline to start significant revenue streams.

PCT Corp, a leading manufacturer of hypochlorous acid, has been added to the EPA’s Disinfectants for Emerging Viral Pathogens (EVPs): List Q. This inclusion responds to the emergence of the Monkeypox virus in the U.S., marking it as the third pathogen on the list. Hydrolyte®, PCT's disinfectant, has proven effective against tougher viruses and is now recognized as a Tier 1, 2, and 3 EVP disinfectant. This positions Hydrolyte® to combat future viral threats. The product's low toxicity rating enhances its appeal in various environments, especially healthcare.

PCT LTD (OTC Pink: PCTL) reported successful testing of its Super Catholyte® infused with nitrogen nanospheres for heavy oil recovery in Grassy Creek Warner Sandstone Core.

The high concentration catholyte achieved a 25.5% improvement over catholyte alone and a 13.35% improvement over lower concentration versions, with quicker results (54 hours vs. 96 hours).

The company plans to secure financing for drilling at Grassy Creek and continue research in Oklahoma, with executives traveling to various locations to enhance revenue opportunities.

PCT LTD (OTC Pink: PCTL) has successfully acquired a South Carolina cleaning fluid company in an all-cash deal. This acquisition, which generates approximately $200,000 in annual revenue, is expected to create corporate synergies that will enhance growth throughout 2022. PCT aims to leverage the acquired company's marketing capabilities to expand its distribution channels, particularly in schools and healthcare facilities. CEO Gary Grieco anticipates significant revenue growth, starting in Q3 2022.

PCT LTD (OTC Pink: PCTL) has engaged Chesapeake Group to enhance its investor relations strategy. Chesapeake will implement a proactive outreach program focusing on investor education and transparency, helping PCTL reach current and potential investors more effectively. Established in 1996, Chesapeake is a seasoned investor relations firm based in Maryland. PCT LTD specializes in sustainable and environmentally safe cleaning technologies, operating through its subsidiary Paradigm Convergence Technologies Corporation, with a market presence in the US and UK.

PCT LTD (OTC: PCTL) reports promising results from its oil recovery system, enhancing oil extraction by 49.85% in Oklahoma, compared to 15.66% in Grassy Creek. The tests utilized a new N2 infused Super Catholyte generator, promising higher efficiency and environmentally friendly production. PCT plans a comprehensive field study in mid-March to validate results further. The company is also in discussions with energy firms to initiate paid test wells aimed at generating revenue in the second quarter of the year.