The Black Keys
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Maybe the forklift but all the other equipment and machines at PCTL are worthless
Did the 8k describing the acquisition of fluid cleaning co or Nigerian cash infusion or the formation of the subsidiary print yet? I can’t find any recently filed anything for PCTL?
PCTL quietly handing off somewhere around $50,000.oo worth stock for $250.oo and paying $15,000.oo cash to an unknown undisclosed “consult” while producing nothing and not receiving anything return is a gross misuse of company funds, likely embezzlement or pay for illegal or noncompliance affairs.
I asked PCTL what it was for & never got an answer....
Yes - hush money, payoff, kickback. Or second maybe more likely suspicion is Market Maker Payolla
In all seriousness- My thoughts are it’s likely hush money to keep an employee or partner from blowing the whistle on him. It’s an extraordinarily large amount of money for undisclosed consulting and and ridiculously discounted dispersement of shares. The secrecy and ambiguity and lies are at full throttle
PCTL is all over it with plenty .0001¢ shares to give away and years more testing to do in those oil fields with imaginary Nigerians. Let us Just keep believing
PCTL does a remarkably good job at paying family and friends and washing money;
On March 1, 2021, the Company entered into a consulting agreement. Pursuant to the agreement, the consultant will provide consulting services to the Company in various marketing and management matters for a period of three months. In consideration for the services performed by the consultant, the Company agreed to compensate the consultant $5,000 per month. The Company also granted stock options to purchase 2,500,000 common shares exercisable at $0.0001 per share for one year. The options expired in full without exercise on March 1, 2022.
https://sec.report/Document/0001554795-22-000189/
20. Denied. Further answering, Auctus is without information sufficient to admit or deny the date PCT learned that Auctus had exercised its rights under the Warrant. Further answering, Auctus states that it attempted to exercise the Warrant for 39,339,900 shares on December 10, 2021, but that, in breach of its obligations under the Warrant, PCT did not have sufficient shares in reserve. Further answering, on December 14, 2021, with the knowledge and consent of PCT, Auctus exercised its rights under the Warrant for 2,548,461 shares.
They were trying to jailbreak 40 million shares, but settled for 2.5 million? I hope Auctus could allege a criminal conspiracy to defraud them of their rights and benefits resulting in Gary’s arrest and removal
Thanks for posting. It’s exactly as anticipated. Auctus never agreed, insufficient shares available, floorless convertible, jury trial, proved damages. Next chapter; PCTL will be forced to abide to Auctus pretrial demands or risk punitive damages bankrupting this jalopy. I hope Auctus demands include Gary’s resignation
N, is the C&P from latest court date? Can u post link please? tia
I see more sidestepping and expense developments as PCTL tweets and adds the useless distraction of a blog site.
It has become obvious - that investors are this companies primary customer.
Nice Post. Its passed due time to hear a state of the company address and take questions from shareholders of record.
I believe PCTL could receive summary judgment should Auctus not perform or be shown to have acted wrongful or malicious but I don’t expect that outcome. I expect Auctus to show cause for not participating in PCTL delivered settlement and prove damages resulting and loss revenue due to PCTL non conformity. My research suggests Auctus has much more legal wherewithal and ability and makes positive profitable decisions as displayed by their ability to dish-rag PCTL in & out of the transfer agent office & courthouse.
PCTL has better prepared for failure than success - Currently PCTL is issuing common stock at .00035¢ and writing floorless convertible term sheets and holding debtors at bay offering unheard of “contingency shares”. The capital structure is exhausted. PCTL has also exhausted and expired receivable financing and has no available lines of credit and hasn’t established any means of conventional financing. Revenues have never produced near forecast and in fact have receded. Expenses have swollen. The financial statements give great detail regarding winding up and distribution should operations halt.
Notice; PCTL insiders have participated in the market manipulation of the freely trading shares of common stock.
The CEO and business developer has Intentional and willful engaged in conduct designed to deceive or defraud investors by controlling and artificially affecting the price of securities.
PCTL insiders have Intentional interfered with the free forces of supply and demand by releasing statements and posting on social media regarding developments and revenues that they knew were nonexistent.
False statements regarding revenue operations are well documented.
If you are suffering or have been financially harmed by this companies fraudulent behavior please take time to alert the SEC.
https://www.sec.gov/files/Market%20Manipulations%20and%20Case%20Studies.pdf
Nice Toxic lending to pay the toxic lending
No mention of a contingency to the above funding until its disclosed later, in a 10Q filing below
Quote:
ITEM 5. OTHER INFORMATION
RB Capital Financing
In September of 2020, the Company negotiated a financing transaction with RB Capital Partners, Inc. (“RB Capital”), whereby RB Capital would provide the Company with up to $400,000 in financing. As a condition to the financing, the Company was required to reduce the conversion price of a $31,500 promissory note RB Capital acquired from a third-party down to $0.001 and immediately convert the note into 31,500,000 shares of unrestricted common stock. Such shares were issued on or about October 7, 2020.
https://www.sec.gov/Archives/edgar/data/1119897/000155479520000304/pctl1114form10q.htm
Since the initial conventional Note, PCT has PR'd several subsequent conventional loans from RBC without any contingencies mentioned in the PR, exactly as the initial loan.
PCTL is currently delinquent in their Q1 2021 filing, so no disclosure available of other significantly discounted shares being issued as contingency to subsequent loans.
Nice Post. No mention of a contingency to the above funding until its disclosed later, in a 10Q filing below
Quote:
ITEM 5. OTHER INFORMATION
RB Capital Financing
In September of 2020, the Company negotiated a financing transaction with RB Capital Partners, Inc. (“RB Capital”), whereby RB Capital would provide the Company with up to $400,000 in financing. As a condition to the financing, the Company was required to reduce the conversion price of a $31,500 promissory note RB Capital acquired from a third-party down to $0.001 and immediately convert the note into 31,500,000 shares of unrestricted common stock. Such shares were issued on or about October 7, 2020.
https://www.sec.gov/Archives/edgar/data/1119897/000155479520000304/pctl1114form10q.htm
Since the initial conventional Note, PCT has PR'd several subsequent conventional loans from RBC without any contingencies mentioned in the PR, exactly as the initial loan.
PCTL is currently delinquent in their Q1 2021 filing, so no disclosure available of other significantly discounted shares being issued as contingency to subsequent loans.
Investors and employees should be more concerned and aligned with stopping the fraudulent CEO as he continues his rampage of lies and mismanagement. Gary’s preying on oil and gas retail crises now.
Gary sold to shareholders a cash flow positive operation that never existed and he has the attention of regulators and authorities
"Have sales continued at a high level?" asked Jolly. "Luckily, we are very
adept at what we do," said Grieco before discussing how the Company dealt with
the challenges of the pandemic. "I'm very happy, not only for the company in
general, but also for all of the shareholders, that we've crossed out of the
negative side and into the positive side," said Grieco. "We're looking for a
very robust second quarter."
https://www.bloomberg.com/press-releases/2020-06-22/pct-ltd-discusses-the-increasing-demand-for-disinfecting-solutions-with-the-stock-day-podcast#xj4y7vzkg
We're moving forward with opening additional depots or expanding our ready
depots," said Grieco. He then elaborated on the Company's new hospital
installations, sharing that they expect two hospital installations to occur
each month going forward.
Also $PCTL Angle Investor Mike Sims @ omegapro was supposed to be conduit to greatness, upon further review; I see his entire shtick stalling and grinding to a halt
https://financefeeds.com/france-regulator-warns-investors-of-omega-pro-businessempire-fr/
If your a shareholder that has been harmed by investing in PCTL based on the lies and falsehoods please consider reporting your experience to;
*SEC
https://tcr.sec.gov/TcrExternalWeb/faces/pages/accept.jspx
*S.C. Attorney General
The SC Department of Consumer Affairs - Identity Theft Unit is a separate agency from the SC Attorney General's Office. For concerns regarding scams, identity theft, and business complaints please contact them directly by phone at 803-734-4200 or 1-800-922-1594 (in SC only) or click here to file a complaint form online.
https://applications.sc.gov/DCAComplaintSystem/Login/ConsumerLogin.aspx
*FINRA
https://www.finra.org/contact-finra/file-tip
Message to PCTL insiders;
U.S. Attorney Audrey Strauss said: “When corporate executives sell their company’s stock to the public, they assume the responsibility under federal law of making full and accurate disclosures about their company’s financial condition to investors.
https://www.justice.gov/usao-sdny/pr/former-ceo-and-cfo-public-telecommunications-company-charged-manhattan-federal-court
PCTL employees; Many of these emerging fraud cases show a consistent pattern of employees warning leadership that they were misleading investors
https://www.desmog.com/2021/06/11/shale-oil-fraud-alta-vista-investor-lawsuit/
PCTL announced fluid cleaning company would provide sales and revenue support. Never happened. Nothing ever happens. More shares sold. More testing.
PCTL announced e commerce site never happened. Nothing ever happens. More testing needed
“While many of us are looking out for our families and neighbors during this difficult time, fraudsters are looking for new ways to steal money by preying on people’s anxieties.“
https://www.sec.gov/fighting-covid-19-related-financial-fraud
Fraudsters at large; PCTL method of operation for last two years - Preying on speculative covid investors. Now the hustle is a healthcare subsidiary. What about the distributors? Nano bubbles? Crystals? Fluid cleaning Co? Up listing? Toxic debt canceling?
Fraudsters who conduct stock promotions are often paid promoters or company insiders who stand to gain by selling their shares after creating a buying frenzy and pumping up the stock price. The promoters or insiders make profits for themselves while creating losses for unsuspecting investors.
https://www.sec.gov/oiea/investor-alerts-bulletins/ia_promotions.html
Gary has used this venue and the OTC market to pay himself his family and his friends while presenting false opportunities to hopeful investors. There was never and will be likelihood that any great value or successes @PCTL will enrich anyone besides Gary and his family & friends, OTC market traders and investors have wised up to his ways as evidence of him dividing and peddling a worthless no revenue division. I hope he is arrested soon
The new subsidiary series D stock is for Actus lawsuit.
Nice move Gary - way to reload the ATM and delay the reverse spit - results are a new series of stock that is convertible.
PCTL after the O&G hype fizzles out I’d like to suggest Gary start recruiting long time shareholders into a MLM scheme.
Then; Net loss from operations and after income taxes increased to $2,249,653 for the 2016 year compared to $494,290 for the 2015 year.
Now; $30,000,000.oo net loss
CEO has enriched himself via OTC ATM
https://www.sec.gov/Archives/edgar/data/1119897/000155479517000163/bghm0412form10k.htm
Any-day now a reverse split or bankruptcy will be announced and blame will be cast on covid delays and negative social media posting.
Gary’s wife manages the Twitter acct allegedly, accordingly- the e commerce site should be operating eom- maybe they are back order 4.8mll and will beat... LOL
Overnight a fairytale PCTL MOU with an undiscoverable Nigerian oil and gas service co blossoms into an eight million dollar done deal. LOL
PCTL employees; Many of these emerging fraud cases show a consistent pattern of employees warning leadership that they were misleading investors
https://www.desmog.com/2021/06/11/shale-oil-fraud-alta-vista-investor-lawsuit/
All should recognize the volume of disinformation that came directly from the companies communications by now. I believe the omission of corrections, continued unrealistic forecasting, insider bullish social media post pumping - amounts to criminal culpability of securities fraud of PCTL stock. I hope these characters are held accountable for this charade.
Does any of this Sound familiar? *The SEC alleges that the company knew these claims were baseless, because the well was producing only marginal amounts of oil
https://www.sec.gov/files/Market%20Manipulations%20and%20Case%20Studies.pdf
Longtime shareholders that made trades based on this companies published lies should read this post.
If your a shareholder that has been harmed at PCTL or have lost money investing in PCTL please consider reporting your experience to;
*SEC
https://tcr.sec.gov/TcrExternalWeb/faces/pages/accept.jspx
*S.C. Attorney General
The SC Department of Consumer Affairs - Identity Theft Unit is a separate agency from the SC Attorney General's Office. For concerns regarding scams, identity theft, and business complaints please contact them directly by phone at 803-734-4200 or 1-800-922-1594 (in SC only) or click here to file a complaint form online.
https://applications.sc.gov/DCAComplaintSystem/Login/ConsumerLogin.aspx
*FINRA
https://www.finra.org/contact-finra/file-tip
According to my research; It cost PCTL $150 to sell one gallon of fluid for $25
PCTL acquired the company in exchange for releasing the past due account. Receivable financing already paid for inventory. I believe this was Marions co - tree of life or circle of life whatever - just another way to cook the books.