The Black Keys
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@PCTL_ more ambiguous nothing burgers delivered as a distraction to the hellish reality of illiquidity and insolvency.
Whatever @PCTL_ does it only solidifies and adds to the insurmountable loss.
@PCTL_ CEO is 81 years old & has been operating this stock selling scam for about twenty years...
I wonder about Gary Grieco and all in Art how does this duo feel about their @PCTL_ shareholders losses. Do we dare call him / them a sicko for misleading and abusing the public market or are they geniuses for bilking and laundering $30,000,000.oo out of this pool water Ponzi Scheme
@PCTL_ The Actual losses are extremely difficult to calculate. The amounts that investors thought they had were never attainable in the first place. The wide gap between "money in" and "fictitious gains" make it virtually impossible to know how much was lost in this Ponzi scheme.
https://en.m.wikipedia.org/wiki/Ponzi_scheme
@All in Art the delist specialist
@PCTL_ next liquidity catalyst will be dead cat bounce resulting from announcing bankruptcy or reverse split but it’s also likely they will simply delist the company just like they did the last ticker. Hopefully the SEC steps in to protect investors just like they for the last company this CFO worked at. Sad & Embarrassing holding $PCTL
We will see dumping at or below .oo35¢ before EOY @PCTL_
EOD (end of day) Paint Job aka Painting The Tape - @PCTL_ ‘s main source of revenues is selling stock. Company insiders have taken an aggressive approach to artificially influencing the share price. Return on repeating press releases is diminishing. Desperate times call for desperate measures.
https://www.investopedia.com/terms/p/paintingthetape.asp
It’s important to note that nothing ground breaking or new or improved has happened @PCTL_ same scam.
+15 years running - nowhere
$30,000,000.oo loss
On March 16, 2007, we executed a sales contract with Benchmark Energy Products, LP, wherein we agreed to sell and Benchmark agreed to purchase six (6) EcaFlo® Model C104 units...
Do your own due diligence.
https://last10k.com/sec-filings/ievm/0001077048-08-000055.htm
Most important marketplace for @PCTL_ is OTC it’s how they keep the scam alive.
Historically @PCTL_ has lied about everything, just sayin.
I betcha the “executed contract” makes @PCTL_ the paying customer. Paying to place the machines and continue testing.
@PCTL_ Same 3 machines Same worthless subsidiaries. Look forward to hearing this same good news again in a few days.
@PCTL_ my research indicates most likely upcoming catalysts are; bankruptcy, reverse split, trading halt, delist, criminal indictment, abandonment, summary judgment awarding Auctus the entire debt ridden black hole.
@PCTL_ regurgitated pump and dump .oo55¢ dog turds congrats to the new comers. L0L
@PCTL_ Same ambiguous nothing burger verbiage. Historical developments such as shipping or placing explode expenses and produce negative revenues.
Tree of Life, a distributor, has placed one of our $PCTL 360 carts on a cannabis farm! Headed out of the warehouse today LOL
Tree of Life, a distributor, has placed one of our $PCTL 360 carts on a cannabis farm! Headed out of the warehouse today!
— PCTL (@PCTL_) April 12, 2022
#cannabis #agriculture #ecosafe #savetheplanet #investing pic.twitter.com/lDierLOOVk
@PCTL_ more vague ambiguous developments. Nothing was sold. My research indicates those machines are a gift at shareholders expense likely given to a Grieco friend or family members defunct operation. Don’t believe anything this company implies.
@PCTL_ All In Art paid to create subsidiaries so he can issue himself more shares.
@PCTL_ Nigerian Cash Infusion LMAO oops someone let Gary use email.
@PCTL_ Texas Hat Trick lie level with the Nigerian scam email
1.“We believe our pipeline for equipment is real and growing. 2.We also believe the Oil & Gas and Agriculture Divisions will contribute significant revenues in the fourth quarter. 3.Our forecasts call for $5-$10 million in revenue for just the Oil and Gas business over the next twelve months. 4.While it has taken a significant amount of time to reach this point, we can now start to monetize this business very rapidly,” commented CEO Gary Greico.
(Aside from the whole Nigerian MOU being phony bologna)
https://www.businesswire.com/news/home/20220607005988/en/PCT-LTD-Signs-Memorandum-of-Understanding-with-International-Energy-Company-Providing-Cash-Infusion-and-Ongoing-Partnership
One of the most outstanding @PCTL_ lies ever printed;
CEO Gary Grieco commented, “We are relieved to finally have these variable rate convertible notes settled. The dilution and compounding interest were a heavy burden on the Company.” Grieco further stated, “PCT LTD is now in a position, with increasing sales, revenue, and manufacturing capability, to qualify for more conventional financing, if needed, to continue our accelerated growth into 2021 and beyond.”
https://www.businesswire.com/news/home/20201124005904/en/PCT-LTD-Reports-Final-Settlement-of-Variable-Rate-Convertible-Debt
@PCTL_ eor lie maturing nicely;
“We are about to embark upon final field tests,” continues Grieco, “which
should be completed by the middle of December. Once completed, we will begin
Beta testing with a number of oil production companies that have already
expressed their desire to use the process on some of their production.”
https://www.bloomberg.com/press-releases/2021-11-16/pct-ltd-and-nano-gas-technologies-announce-new-patent-pending-technology-set-to-change-the-oil-and-gas-industry
I know about $30,000,000.oo in less than 5 years LOL
@PCTL December 31, 2017, accumulated losses was $1.1 million
@PCTL_ currently records accumulated losses of $28,879,986
through June 30, 2022.
Family & Friends Stock Selling Enrichment Scam
https://www.sec.gov/Archives/edgar/data/1119897/000155479518000099/bghm0415form10kv3.htm
https://ih.advfn.com/stock-market/USOTC/pct-pk-PCTL/stock-news/88839378/quarterly-report-10-q
Here’s another @PCTL_ revenue lie slipping false information to shareholders “Through strategic partnerships, distribution agreements, and more, we are gaining market share, increasing revenue at a rapid pace, and growing our business both quickly and efficiently.” Grieco friends and family enrichment scam
How much money do you think they laundered via Werks Manufacturing?
@PCTL_ lie ; The acquired company currently does about $200,000 in annual revenue and will increase substantially over the course of 2022 as corporate synergies between the companies begin.
https://www.businesswire.com/news/home/20220505005753/en/PCT-LTD-Acquires-South-Carolina-Company
Some @PCLT_ lies? "We are in a position as a company on a cash flow basis to cover the burn-rate," said Grieco. "So, we finally have free available cash flow," he added.
Enhanced oil recovery (EOR) techniques can significantly extend global oil reserves once oil prices are high enough to make these techniques economic.
Much like disconnect @PCTL_ has with reality and truth and delivering honest information to shareholders
https://libertystreeteconomics.newyorkfed.org/2022/08/the-disconnect-between-productivity-and-profits-in-u-s-oil-and-gas-extraction/
It’s ok to admit @PCTL_ missed again. They never intended to make money doing operations. They just want to sell stock. Oil needs to be over $100bl (iirc) for their technique to be considered and remember this is all just a big paid for testing scam
The cost of the CO2 itself can add $20 to $30 per barrel of oil produced.
https://www.eia.gov/todayinenergy/detail.php?id=17331
Enhanced oil recovery techniques are complex and expensive.
https://www.investopedia.com/terms/e/enhanced-oil-recovery.asp
History Repeats itself @PCTL_ costs will shutter operations at this well once again.
The decision to reduce field operations was based on various cost factors, the company's financial position and current market conditions.
https://www.hartenergy.com/news/gravis-oil-suspends-ops-marmaton-grassy-creek-81284
crude fell below $85 on Friday afternoon on a flurry of negative news.
https://oilprice.com/Energy/Crude-Oil/Oil-Under-Pressure-As-Traders-Await-Fed-Decision.amp.html
https://www.reuters.com/business/energy/lower-oil-prices-defy-robust-forecasts-global-demand-2022-09-16/
LONDON, Sept 16 (Reuters) - Oil prices have tumbled by around a quarter in the past three months
Oil futures are crashing and @PCTL_ is advertising a worthless shell subsidiary to potential investors, again. Again, nothing happens with this scam stock but selling shares. Revenue is all non operational.
E commerce- scam,
Nano bubble- scam,
Generator- scam,
Crystal- scam,
cleaning co- scam,
Nigerian- scam,
UK-scam,
distributors- scam,
uplisting- scam,
debt elimination- scam
Mike Sims- scam
Bret Rosen- scam
Big Thanks to jimr1717 for the rock solid straight line due diligence. Your calls regarding the fraud and deception @PCTL_ have been spot on and on point. Keep up the good work keeping us in tune with how this corrupt outfit is shaking down unsuspecting speculators.
@PCTL_ knows Corporate actions such as spin-offs and subsidiary formulation could necessitate a change to the amount of securities deliverable under certain terms. These worthless subsidiaries are a ploy and only a Hail Mary attempt hoping to keep Lap Dance Lou AKA Auctus from being awarded the entire company on summary judgment
@PCTL December 31, 2017, accumulated losses was $1.1 million
@PCTL_ currently records accumulated losses of $28,879,986
through June 30, 2022.
Family & Friends Stock Selling Enrichment Scam
https://www.sec.gov/Archives/edgar/data/1119897/000155479518000099/bghm0415form10kv3.htm
https://ih.advfn.com/stock-market/USOTC/pct-pk-PCTL/stock-news/88839378/quarterly-report-10-q
@PCTL_ Bankruptcy liquidation pending; considering the corporate filing describes the process explicitly funding is nonexistent and capital structure is exhausted
Preference of Liquidation
https://ih.advfn.com/stock-market/USOTC/pct-pk-PCTL/stock-news/88839378/quarterly-report-10-q
@PCTL_ expenses increased to $921,779 during the 2022 second quarter
Family & Friends Enrichment Share Selling Scam.
https://ih.advfn.com/stock-market/USOTC/pct-pk-PCTL/stock-news/88839378/quarterly-report-10-q
Revenues decreased to $284,109 for the three months ended June 30, 2022
New Low - Sounds like insolvency @PCTL_ relying on cash from newer investors to stay afloat and pay back older investors who are asking for their money back— AKA Ponzi scheme
I believe due to the No Cash On Hand & Insufficient Shares Available situation @PCTL_ is in; investor relations is unable to assist you. I also suspect the paid placement testing at grassy creek has also come to a screeching halt.
The expected costs for the next twelve months, @PCTL_ projects these costs to total approximately $2,580,000
“Our current cash flow is not sufficient to meet our monthly expenses of approximately $250,000.oo”
“Revenues decreased to $284,109 for the three months ended June 30, 2022 (the "2022 second quarter") compared to $469,143 for the three months ended June 30, 2021 (the "2021 second quarter)”
https://ih.advfn.com/stock-market/USOTC/pct-pk-PCTL/stock-news/88839378/quarterly-report-10-q
@PCTL_ recorded net income of $719,007 for the six-months ended June 30, 2022 and accumulated losses of $28,879,986 from inception through June 30, 2022.
https://ih.advfn.com/stock-market/USOTC/pct-pk-PCTL/stock-news/88839378/quarterly-report-10-q