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My best guess is that we may see something come out late in the week in one of the following weeks. We'll be told about another LOI, probably from Israel or some place like that so they can imply that there will be government financing available. The 8K will be vague as to when the deal will be completed, they're still learning how to run a proper scam, lol.
Folks this isn't very complicated. Let's follow the timeline...
The 10Q was due on the 15th, they filed an extension giving them until the 20th.
The DEAL, as per their
Here's some insight into the deal status, and it is the latest official word
September 5th and no news...that's just crazy talk, lol.
You are absolutely right. How in the hell could they possibly know that a 10Q would be due in the middle of August. Talk about being blind sighted, lol.
LOL
I don't know, my group was poised to enter in bigtime, but after your post we decide to wait. When nothing happened we dumped what we had.
Who's your daddy?
I'm just curious as to who would bid .019 when it's going lower tomorrow. If you're going to do that, why not just slap the ask?
I think that little bird just shit on your head, lol!
Okay, since no one else will say it, I will.
We know that that a 10Q could be cut and pasted together from last quarters by any accounting intern. Why then hasn't it been issued? Because the Q2 sucked and they know the stock price will crash worse if they released it as compared to not releasing it all.
Now the 8K. Why set 2 dates that they can't meet? After the failure to meet the first date any reasonable person would have added a cushion to the second date such that they couldn't possible fail to meet it. This wasn't done, WHY? Only one reason, they have no idea when, or even if this deal will ever happen.
Those are the most logical explanations that account for what we see happening.
Yes typical DD on this board...
PCTL to da moon
PCTL life changing
I just got sick of it.
Okay, since no one else will say it, I will.
We know that that a 10Q could be cut and pasted together from last quarters by any accounting intern. Why then hasn't it been issued? Because the Q2 sucked and they know the stock price will crash worse if they released it as compared to not releasing it all.
Now the 8K. Why set 2 dates that they can't meet? After the failure to meet the first date any reasonable person would have added a cushion to the second date such that they couldn't possible fail to meet it. This wasn't done, WHY? Only one reason, they have no idea when, or even if this deal will ever happen.
Those are the most logical explanations that account for what we see happening.
Oh, and on a positive note, you can now get your .018 bids filled, lol.
If it does not come in a moment, will you hate yourself, lol?
Yes, how dare anyone to expect a company to do what they said they would do, twice.
How does that old saying go, "You can fool some of the people some of the time, but you can fool Ihubbers all the time." LOL
Has anyone tried to figure out why both the 10Q and 8K are late?
First what's up with the 10Q? The quarterly isn't certified or audited, hell, it doesn't even have to be accurate, just a good faith effort since it can be amended later to correct any errors. The only requirement is that it be signed and filed ON TIME. They had 90 days during the Q, plus 45 days after that to cut and paste the previous 10Q, something that a third year accounting student could do.
Then we have the 8K which was to the announce the life changing merger with Ontario. Twice they have set dates that they didn't meet. Remember, they set those dates, no one put a gun to anyone's head. They choose the dates and failed to meet them,
No, it expired on 8/19/19, see Exhibit 10.1 at end of attachment below.
https://s3.amazonaws.com/sec.irpass.cc/2372/0001554795-19-000224.htm
So,could the future look something like this, lol.
Dateline: Little River, SC, August 27, 2069
"Good morning everyone, this Walter Windshield reporting live from PCTL headquarters. The question on everybody's mind today is "After 617 extensions, will the 8k, which sets the terms of the Ontario merger be finally released today?" A crowd of Ihubbers have been gathering around the building since daybreak, (just like every other morning for the last 50 years), let's get their thoughts"
"There's The Apostle, would you like to comment"
"Yes, but first, Good Morning, CJ :). I think that PCTL is headed, oh, um, let me check first with my dorky brother to see if we are in or out"
"Okay, here's Hate Liars, would you like to comment?"
"PLAY TIME IS OVER. DO YOU WANT SOME REAL DD AND blah, blah blah..."
Thank you Mr. Liars. I see Dennis, would you favor us with a comment."
"I've outlined this for your little brain time and again. You didn't do very well at math in school, did you?
"Thank you, I think. CyberC just stopped by, what are your thoughts?"
"You are as wise as the Apostle !"
"We'll be back after these messages."
Why so high?
So,could the future look something like this, lol.
Dateline: Little River, SC, August 27, 2069
"Good morning everyone, this Walter Windshield reporting live from PCTL headquarters. The question on everybody's mind today is "Will the 8k, which sets the terms of the Ontario merger be finally released today?" A crowd of Ihubbers have been gathering around the building since daybreak, (just like every other morning for the last 50 years), let's get their thoughts"
"There's The Apostle, would you like to comment"
"Yes, but first, Good Morning, CJ :). I think that PCTL is headed, oh, um, let me check first with my dorky brother to see if we are in or out"
"Okay, here's Hate Liars, would you like to comment?"
"PLAY TIME IS OVER. DO YOU WANT SOME REAL DD AND blah, blah blah..."
Thank you Mr. Liars. I see Dennis, would you favor us with a comment."
"I've outlined this for your little brain time and again. You didn't do very well at math in school, did you?
"Thank you, I think. CyberC just stopped by, what are your thoughts?"
"You are as wise as the Apostle !"
"We'll be back after these messages."
Knock it off!!!
While the little trophy that they got, along with a half a dozen other firms, is nice, but it hardly constitutes a Nobel Prize. Most of these awards go to anyone with a product and a donation, this is no different.
Putting all your hype aside, the fact remains that Ontario needs boat loads of money to test and thereby market the product. One of the most practical ways to pay for that is by peddling shares and one of the most effective ways to get these share is to institute a R/S before or during the merger.
And that's just the way it is.
My bad, I didn't realize that it had undergone a full, exhaustive, 60 days of beta testing. Heck, any further testing would be a waste of time. If it didn't kill anyone during the first 60 days, what could possibly go wrong after that, lol.
If you want why spread acceptance of a product, cleaning, tracking or otherwise, the burden of proof falls to the vendor. Medical facilities, be it a hospital, ambulatory health care facility or a nursing home (and clinics aren't far behind) are controlled by the state health department and or an accreditation board which can fine or shutdown any facility not meeting their standards. Then there's the liability issue.
So you tell me, if you're a hospital administrator, are you going introduce a new product that has not been tested to death, i.e., clinical trials.
No one is more conservative than a hospital administrator, you can't even fart unless you do an ICRA.
Again, keep those PM cards and letters rolling, it's nice to be appreciated. There won't be any news next week, but even a dead cat bounces, lol.
Anything above .02 is a sucker bet!