The Black Keys
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26... Further answering, PCT sought to have Auctus execute a form of Mutual Release that differed from the Mutual Release attached to the Settlement
Agreement.
It is likely criminal charges could be sought for the attempted theft by deception.
@PCTL_ reports that its application to have its common stock quoted on OTC Markets, “QB” level, has been declined due to OTC’s requirements for PCTL to complete all prior settlement agreement terms and clear all other potentially dilutive (“toxic”) debt.
https://www.businesswire.com/news/home/20210504005861/en/PCT-LTD-Conveys-Current-Status-of-OTC-QB-Uplisting-Efforts
CEO and company again clearly and blatantly lied to investors with misleading information and omissions of material facts
We are in the process of reapplying to the QB now that the debt impediments have been removed!
1:15 PM · Nov 24, 2021
·Twitter Web App
We are in the process of reapplying to the QB now that the debt impediments have been removed!
— PCTL (@PCTL_) November 24, 2021
@PCTL_ is engineering their bankruptcy with worthless insolvent subsidiaries.
https://rsmus.com/insights/services/business-tax/tax-efficient-planning-with-a-worthless-corporate-subsidiary.html
@PCTL_ The Series A Convertible Preferred Stock are currently in default as they were subject to automatic conversion to shares of Common Stock on April 19, 2022, which did not occur due to the Company not having the sufficient number of common shares available for conversion.
@PCTL_ remains dependent upon additional financing to continue operations. The Company intends to raise additional financing through private placements of its common stock and note payable issuances.
During the six-months ended June 30, 2022, we primarily relied upon advances and loans from stockholders and third parties to fund our operations.
@PCTL_ had $892 in cash at June 30, 2022
Our current cash flow is not sufficient to meet our monthly expenses of approximately $250,000
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
operating expenses increased to $921,779 during the 2022 second quarter compared to $860,446 during the 2021 second quarter.
administrative expenses increased to $742,468 for the 2022 second quarter compared to $658,616 during the 2021
Be Aware @PCTL_ is disregarding the inquiries of omissions of material facts and excusing chronic fraudulent securities behavior.
@PCTL_ nothing the company has published has ever been accomplished. Nothing has improved. Just debt and toxic loans are all that is left of this scam. I speculate only reason for timely filings now is Arts history of non compliance knowing his consequences for failure will be severe
Securities fraud Crew @PCTL_
I wish that Never invested in this fraud of a company. Buyer Beware.
Mr. Arthur E. Abraham was previously employed as a Vice President & Controller by Carnegie International Corp. He received his undergraduate degree from Marshall University
https://www.sec.gov/litigation/litreleases/lr18229.htm
SEC Sues Carnegie International Corporation and Several Current and Former Executives in Accounting Fraud Case
Carnegie's CEO and Former Corporate Secretary Consent to Permanent Officer and Director Bars
Carnegie's Stock Registration Revoked in Related Proceeding
I suspect- They don’t want to incriminate themselves for money laundering.
He will be first creditor in line at bankruptcy.
@PCTL_ current price support is due to no more shares available for company to dilute.
1,500,000 stock options on September 1, 2022,
unvested stock options from 4,000,000 to 7,000,000 which shall vest incrementally over four years in the following manner: 1,500,000 stock options on September 1, 2022, 1,500,000 stock options on September 1, 2023, 2,000,000 stock options on September 1, 2024 and the final 2,000,000 stock options on September 1, 2025. All other terms of the former employment agreement remain the same.
@PCTL_ needs more shares authorized to pay employees
https://ih.advfn.com/stock-market/USOTC/pct-pk-PCTL/stock-news/88839378/quarterly-report-10-q
Be Aware; of continuous misleading insiders and omissions of material facts.
Lower pH leads to higher percentages of HOCl and greater destruction of germs in pool water.
The first and most immediate reaction that occurs when chlorine meets water is the formation of hypochlorous acid (HOCl) in solution with the water.
https://www.poolspamarketing.com/trade/features/the-chemistry-of-chlorine-in-pools-keeping-water-safe-and-clear/
Marketing & Business Developer @PCTL_ should be looking to sell generators to pool industry instead of spending time combating with active investors on stock market chat rooms.
@PCTL_ name the scam that suckered you into buying this garbage. Was it; Grassy Creek - Nano Bubble - Magic Crystal - Nigerian - E commerce - Distributors - Cleaning Company - Eliminated Toxic Debt - Fort Wayne - United Kingdom - Subsidiaries - Cheapies
“Based on recent discussions and commitments, PCT is confident its pipeline will grow quickly.“
“We fully expect this to lead directly to additional opportunities as we move through the third quarter.”
Facts - 3Q will be worse than 2Q
Lies - artificially support - stock manipulation - fraud
https://www.scag.gov/media/ns5byshg/securities-complaint-form.pdf
https://www.bloomberg.com/press-releases/2022-06-16/pct-ltd-reports-progress-in-healthcare-oil-gas
Shameless that the company provided guidance contrary and now insiders publicly advise buy now! here on ihub now to buy for oil and gas - but the uk business is dead - all lies coming from this scam.
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.”
https://www.businesswire.com/news/home/20200930005742/en/PCT-LTD-Updated-Statement-Regarding-U.K.-Market-Entry
Report the fraud
https://reportfraud.ftc.gov/#/
Be Aware @PCTL_ The company currently has more stock issued an authorized. The Company is on record describing the elimination of toxic debt, cash flow positive operations, 10 million dollars in revenue - all lies.
If you made trades and have been harmed by this companies predatory practices - please report your experience.
https://reportfraud.ftc.gov/#/
@PCTL_ please explain either the fraudulent misrepresentations or omissions of material facts ASAP TIA
It’s money laundering - @PCTL_ purchasing /expensing/ imaginary assets and doing imaginary business. They artificially support the stock and continue to sell shares into these lies.
The action plan towards recovery delivered in this podcast consists of operations that should have been implemented years ago. The company should have already solidified standardization and preferred vendor statuses. To just now be working to obtain a position in the mentioned marketplaces is evidence and confirmation of this companies leadership failures.
The deflection of delivering the misleading revenue projections is insulting to your shareholders intelligence and shows that you, Art, will latch onto any verbiage in an attempt to excuse this fraud.
Project
/pr?'jekt/
estimate or forecast (something) on the basis of present trends or data.
predict
/pr?'dikt/
say or estimate that (a specified thing) will happen in the future or will be a consequence of something.
The entire enterprise and business revolves around your ability to project, predict and then react to the financial drivers and challenges. You are under legal obligation to disclose truthfully to your shareholders and investors.
You have more than disappointed - you have failed your shareholders and investors. I hope the SEC or FRINA or the S.C. Attorney General steps in and keeps you from continuing to enrich and expense yourselves in light of the historical circumstances.
Many thanks to the active shareholders. Keep the pressure on.
Investors that have made trades based on @PCTL_ lies and false statements. Your losses are cause for motion and amount to the criminality of misleading of investors and omissions of material facts. You should file your complaints with the SEC and the South Carolina Attorney General.
@PCTL_ , Recycling developments and describing internal strategies only add more skepticism considering the amount of failures and dead end projections that have been presented.
again @PCTL_ is marking the stock to the investment community.
This isn’t an article highlighting infection control via hospital networks or institutional purchasing trade publications, it’s polished turd verbiage fish wrapped towards novice speculative investors delivered by businesswire.
Hospital and institutional purchasers aren’t engaged via businesswire. Poor marketing and business development department
Example;
https://www.infectioncontroltoday.com/
I’m not sorry be being critical and demeaning. Your running a multi million dollar company that is funded via the public market and you all look like your going to the flea market!
Probably TENS OF Thousands of dollars on that production and they look distressed to the point of beggars- how could you not shave and get a haircut? Where is your family and friends that allowing you to come to work looking like that?
@PCTL_ stop lying and cheating from people and admit to your thievery and deception. You will immediately feel better.
Gary @PCTL_ has been spinning off and forming subsidiaries for longer than most most of his victims have been alive. He is Bernie Madoff of OCT
Example;
https://sec.report/Document/0001077048-05-000051/
Just @PCTL_ misrepresentations and omissions of a material facts.
I wonder if Art & Gary will continue with the material omissions and the misleading of investors. @PCTL_ #securitiesfraud #pump&dump
@PCTL_ all in incriminating Art. Revisit the lies
https://pctl.com/wp-content/uploads/2022/04/PCT-April-Podcast-Update-2.mp3
@PCTL_ should apologize to victims of this scam. The judge might take remorse into consideration durning sentencing.
Congratulations on timely filing, but that it. Horribly embarrassing state of affairs this company has put itself into. I’d like to suggest the company just go get $892 (cash on hand) dollars worth of lottery tickets before filing bankruptcy in the coming days.
Horrible lack of respect @PCTL_ has for the shareholders sitting on late filing notice.
@PCTL_ All In Art - Chesapeake - Nigerians - to the mooon
LOL
Retail investors that bought @PCTL_ summary:
1 month ago - your down -15%
3 months ago - your down -32%
6 months ago - your down -55%
1 year ago - your down -4O%
3 years ago - your down -30%
5 years ago - your down -99%
Only people making money on this stock are converting warrants at .0035 or insiders paid in .0001 shares - proof is in filing...
@PCTL_ investors trapped, holding for reverse split or bankruptcy dead cat bounce.
@PCTL_ chronically delinquent can’t manage his personal affairs either.