PCT LTD Updated Statement Regarding U.K. Market Entry

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PCT LTD (OTC Pink: “PCTL”) held their Shareholder Conference Call yesterday, September 29, 2020 and provide the following statement about the Company’s activities in the United Kingdom and in the oil & gas industry.

PCTL received orders and a cash deposit from its U.K. partner, Paradigm Convergence Technologies (Europe) LTD. One of the provisions in our agreement requires a 50% cash deposit, which we have received.

PCTL President and CEO, Gary Grieco, commented, “We have all been deeply involved in putting together a launch in the U.K. Now, we have orders to provide equipment for the hospitals and equipment to provide volumes of fluids for the commercial markets in Europe. Growing this business is a priority and we’ve been advised by our U.K. partner to expect additional PO’s in the very near term.”

Several investors have asked for clarification regarding the oil and gas industry statements made during yesterday’s shareholder conference call. No further information is public at this time, but the Company encourages everyone to review the audio recording of the conference call, which is posted in the investor relations section of our website, www.para-con.com.

“We appreciate that over 300 people took time from their busy days to listen to our conference call,” stated Gary Grieco.

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.

Mechanical Technology Incorporated Announces Filing of Form 10 Registration Statement & Leadership Announcements

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ALBANY, N.Y., Sept. 30, 2020 /PRNewswire/ — Mechanical Technology, Incorporated (“MTI” or the “Company”), a publicly traded company (OTC Pink: MKTY) headquartered in Albany, New York, announces today that it has filed a Form 10 Registration Statement with the Securities and Exchange Commission (the “SEC”) to register its common stock under Section 12 of the Securities Exchange Act of 1934 (the “Exchange Act”). Once the Form 10 goes effective, which, unless withdrawn, will be on November 29, 2020, MTI will once again be subject to the reporting requirements of the Exchange Act and will resume filing annual, quarterly, and current reports, and annual proxy statements with the SEC. The Company also expects that its common stock will move from being quoted on the OTC Pink – Current Information tier to the OTCQB Venture Market tier of the OTC Markets Group quotation system upon effectiveness of the Form 10.

MTI Logo (PRNewsfoto/Mechanical Technology, Incorpor)

The role of CEO and President of MTI is under thoughtful consideration by its board of directors, with a focus on the future of MTI. “We are taking our time with this because we want to get it right,” said David Michaels, Chairman of MTI, as it relates to appointing someone to these positions.

The Company is also pleased to announce the appointment of Moshe Binyamin to President of MTI Instruments, Inc. (“MTII”), a wholly-owned subsidiary of MTI. Mr. Binyamin has been with MTII since August 2019, most recently as Chief Operating Officer.

“MTII is a well-established solutions provider and highly-trusted partner with leading public and private organizations worldwide,” said Mr. Binyamin. “Even during these challenging times, we have seen growing interest in our solutions from existing customers as well as emerging verticals such as electric vehicle battery manufacturing and silicon carbide wafer processing. We have been

Mechanical Technology Incorporated Announces Filing of Form 10 Registration Statement & Leadership Announcements | News

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ALBANY, N.Y., Sept. 30, 2020 /PRNewswire/ — Mechanical Technology, Incorporated (“MTI” or the “Company”), a publicly traded company (OTC Pink: MKTY) headquartered in Albany, New York, announces today that it has filed a Form 10 Registration Statement with the Securities and Exchange Commission (the “SEC”) to register its common stock under Section 12 of the Securities Exchange Act of 1934 (the “Exchange Act”). Once the Form 10 goes effective, which, unless withdrawn, will be on November 29, 2020, MTI will once again be subject to the reporting requirements of the Exchange Act and will resume filing annual, quarterly, and current reports, and annual proxy statements with the SEC. The Company also expects that its common stock will move from being quoted on the OTC Pink – Current Information tier to the OTCQB Venture Market tier of the OTC Markets Group quotation system upon effectiveness of the Form 10.

The role of CEO and President of MTI is under thoughtful consideration by its board of directors, with a focus on the future of MTI. “We are taking our time with this because we want to get it right,” said David Michaels, Chairman of MTI, as it relates to appointing someone to these positions.

The Company is also pleased to announce the appointment of Moshe Binyamin to President of MTI Instruments, Inc. (“MTII”), a wholly-owned subsidiary of MTI. Mr. Binyamin has been with MTII since August 2019, most recently as Chief Operating Officer.

“MTII is a well-established solutions provider and highly-trusted partner with leading public and private organizations worldwide,” said Mr. Binyamin. “Even during these challenging times, we have seen growing interest in our solutions from existing customers as well as emerging verticals such as electric vehicle battery manufacturing and silicon carbide wafer processing. We have been

Mona Shores makes statement, rankings leap

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Mona Shores’ 21-14 victory at Muskegon on the Big Reds’ brand-new AstroTurf highlighted Week 2 of the high school football season.



a football player on the field: Mona Shores' Brady Rose (22) runs against Muskegon's Tyreese Oakes (2) at Muskegon on Friday, Sept. 25, 2020.


© Cory Morse | [email protected]/Cory Morse | MLive.com/mlive.com/TNS
Mona Shores’ Brady Rose (22) runs against Muskegon’s Tyreese Oakes (2) at Muskegon on Friday, Sept. 25, 2020.

What’s in store for Week 3? One matchup with great potential sees West Bloomfield travel to Clarkston this Friday. There will be Division I college talent all over the field.



a baseball player is getting ready to catch the ball: Mona Shores' Elijah Farnum (11) scores his team's second touchdown against Muskegon's Julius Sims Jr. (3) at Muskegon on Friday, Sept. 25, 2020.


© Cory Morse | [email protected]/Cory Morse | MLive.com/mlive.com/TNS
Mona Shores’ Elijah Farnum (11) scores his team’s second touchdown against Muskegon’s Julius Sims Jr. (3) at Muskegon on Friday, Sept. 25, 2020.

Where do Mona Shores and Muskegon, West Bloomfield and Clarkston, fit in this week’s MLive Top 50 statewide rankings? Continue reading to find out.

50. WALLED LAKE WESTERN (1-1)

Division 2

Last week’s result: Beat Waterford Mott, 45-21

This week’s game: At Waterford Kettering, 7 p.m. Friday

Last week’s ranking: No. 50

49. PEWAMO-WESTPHALIA (2-0)

Division 7

Last week’s result: Beat Potterville, 49-0

This week’s game: Home vs. Dansville, 7 p.m. Friday

Last week’s ranking: No. 49

48. SCHOOLCRAFT (2-0)

Division 7

Last week’s result: Beat Saugatuck, 47-8

This week’s game: At Galesburg-Augusta, 7 p.m. Friday

Last week’s ranking: No. 47

47. MOUNT PLEASANT (2-0)

Division 3

Last week’s result: Beat Bay City Central, 31-8

This week’s game: At Midland, 7 p.m. Friday

Last week’s ranking: No. 48

46. FRANKENMUTH (2-0)

Division 5

Last week’s result: Beat Saginaw Swan Valley, 35-6

This week’s game: At Essexville Garber, 7 p.m. Friday

Last week’s ranking: Unranked

45. MONTAGUE (2-0)

Division 6

Last week’s result: Beat Oakridge, 42-6

This week’s game: At Ravenna, 7 p.m. Friday

Last week’s ranking: Unranked

44. EDWARDSBURG (2-0)

Division 4

Last week’s result: Beat Jonesville, 52-16

This week’s game: At