The Black Keys
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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.
PCTL is THIRTY MILLION DOLLARS in the RED. Wake up and smell the bankruptcy.
imo The only way PCTL survives till end of year is a reverse split or bankruptcy.
Hopefully he has decided to retire
This companies ability to operate is diminishing with every OTC trading session.
There has been No mention of the interest or reward PCTL will receive IF production is accomplished and material is brought to market.
The secrecy and ambiguity is there for a reason and imo it is not to protect intellectual property or craft secrets it’s there because they know the prospect of production is minimal.
It has been done before, so, It’s possible oil could be brought to market from grassy creek again.
Amen
Thanks, respectfully, Gary is not the brains behind the technology. He was engineer behind merging a fresh ticker and was in the right place at the right time to buy the previous co I.p. He bought the rights to the name and some tech. He hasn’t accomplished any positive company developments other than selling stock to employ his family and friends.
*I don’t believe the people that held the rights to the previous ticker and the people that held the rights to the tech were aligned. I believe Gary engineered a solution that afforded him the position he is in
This PR, like the latest claiming affiliation with business in Nigeria was all lies, constructed to sell stock. This is a stock selling company
https://www.businesswire.com/news/home/20200407005622/en/PCT-LTD-Increases-Fluid-Capacity-Hires-New-Design-Engineer-Ramps-Up-Midwest-Fulfillment-Capabilities
The CEO is quoted that machine revisions and enhancements were made to satisfy surging demand that was resulting in revenues that was resulting in a cash flow positive business - all lies.
Investors that have suffered should speak up. The fraud continues
The CEO is quoted as describing how unfortunately beneficial the circumstances are positively contributing to revenues.
Investors that purchased stock based on these lies should share their experiences with authorities and regulators. The fraud continues
PCTL defrauded investors claiming explosive revenues and buildout expansions during the covid pandemic. PCTL is now attempting to defraud investors durning a retail petroleum crisis suggesting their partnership and participation with nonexistent entities.
Aside from selling stock PCTL hasn’t ever accomplished any objectives or remarkable events, but now they are going to participate in the Nigerian oil and gas industry?
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
It is really absurd to consider PCTL or a undiscoverable entity will participate with European Oil Giants as they rule and run the unregulated unguarded Nigerian oil industry. Do your own due diligence on Nigerian oil environmental concerns techniques and technology.
Latest Nigeria oil spill highlights ‘wretched’ state of the industry.
https://news.mongabay.com/2022/02/latest-nigeria-oil-spill-highlights-wretched-state-of-the-industry/amp/
Government officials estimate that Nigeria, Africa's biggest oil producer and exporter, loses an average of 200,000 barrels of oil a day – more than 10% of production – to those tapping or vandalising pipelines.
https://amp.theguardian.com/world/2022/apr/23/more-than-100-killed-at-nigerian-oil-refinery-blast
PCTL when’s the reverse split? What’s the ratio? Dirt bag CEO
Two years of investor inventory piled up, angle investors inventory converting, contingency share inventory, salary shares.... & still a toxic lender demanding more shares to convert & sell.... what exactly do you consider flying north? What news do you expect that will provide lift? A couple of points on a 50 barrel a day oil well? Help me share your positivity please.....
Highest barrel output I can find for grassy creek mo. is 50 per day and driller was pushing steam with generators.?. If PCTL would offer more verifiable historical vs current comparisons and offer terms of participation, the stock will move, maybe not positively but it will move. The stagnant stock value during a (precieved) development is troubling - it’s telling me there are plenty of shares ready for sale in the know.
Hypothetically if grassy creek begins bringing oil to market, and it likely could, you can verify this is previously active o&g reserve, there is no known benefit to PCTL. The ambiguity and potential of the product is exhausted and valued into the company at this point. imo
imo RB Cap is pleased selling contingency shares over .01
Because yesterday the company disclosed information that would lead a logical investor to believe that PCTL has leveled up from the typical OTC securities fraud into international money laundering.
I’m not sure how anyone could consider entertaining the latest news regarding PCTL partnership with an undiscoverable Nigerian oil and gas company as legitimate. The new “partners” only presented credential is a membership to a pay to play organization? Nothing else to verify or validate the foreign “ investor / partner”.
The State Department warns (financial) crime in Nigeria is not investigated.
Nigeria - Seems like a perfect overall relocation prospect for this companies entire operation.
The Nigerians gave Gary cash that will (allegedly) be used to continue testing? What do you suppose they received in return?
I have no faith or belief that they are / or / have / been reporting accurately or timely to shareholders or the transfer agent.
PCTL just washed another couple hundred millions shares to continue testing. That is all; more expenses.
I really am not at all surprised the next chapter in this scam is from a fictional Nigerian consultant.
PCTL don’t let these awareness dates pass without a tweet and purchase incentives please; hopes are high, we have our hard earned money invested here.
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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
Quoting Supporting my FINRA & SEC & A.G. Of S.C. Complaints
AN ISSUER'S DUTY UNDER RULE 10b-5 TO CORRECT AND UPDATE MATERIALLY MISLEADING STATEMENTS
https://scholarship.law.edu/cgi/viewcontent.cgi?referer=&httpsredir=1&article=1788&context=lawreview
Shareholder activism is a way that shareholders can influence a corporation's behavior by exercising their rights as partial owners.
https://www.investopedia.com/terms/s/shareholderactivist.asp
Considering PCTL historical lies and deceptions combined with the lack of disclosures of material events - I’m spot on bro
I suspect more contingency shares have been issued - again
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164120042
Additional RB Capital activity with PCTL (PCT Ltd)
Here PCT makes a PR in receipt of a conventional convertible note, convertible well above current market prices. No ratchet, no funny business.
Quote:
PCT LTD (OTC Pink: PCTL) today announced that it has received $400,000 in funding from California based RB Capital Partners, Inc. ("RB Capital"). RB Capital has provided funding to the Company in the form of two 12-month premium-to-market convertible notes. The notes accrue interest at 5% per annum, are convertible at a rate of $0.20 per share and do not include any ratchet clauses or warrant coverage. The entire $400,000 investment has been received by the Company as of October 16, 2020.
https://finance.yahoo.com/news/pct-ltd-pctl-received-400-120000097.html
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.
BR has been chatting it up on Twitter about PCTL as well
Lastly, a few Fridays ago PCTL traded in excess of 200m shares, a massive leap in its usual trading activity coinciding with some oil enhancement testing PR theyve been conducting. Of course, the spike in share price to .032 lasted less than 1 day and now its back to sub 2 cents
I suspect more contingency shares have been issued - again
Additional RB Capital activity with PCTL (PCT Ltd)
Here PCT makes a PR in receipt of a conventional convertible note, convertible well above current market prices. No ratchet, no funny business.
Quote:
PCT LTD (OTC Pink: PCTL) today announced that it has received $400,000 in funding from California based RB Capital Partners, Inc. ("RB Capital"). RB Capital has provided funding to the Company in the form of two 12-month premium-to-market convertible notes. The notes accrue interest at 5% per annum, are convertible at a rate of $0.20 per share and do not include any ratchet clauses or warrant coverage. The entire $400,000 investment has been received by the Company as of October 16, 2020.
https://finance.yahoo.com/news/pct-ltd-pctl-received-400-120000097.html
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.
BR has been chatting it up on Twitter about PCTL as well
Lastly, a few Fridays ago PCTL traded in excess of 200m shares, a massive leap in its usual trading activity coinciding with some oil enhancement testing PR theyve been conducting. Of course, the spike in share price to .032 lasted less than 1 day and now its back to sub 2 cents
I wonder if @ChesapeakeGroup will print more lies like these also;
https://m.insidertracking.com/pct-ltd-discusses-the-potential-of-the-u-k-market-with-the-stock-day-podcast
How many lies did Gary tell in this podcast PR? Do you think he will just get a fine or jail time?
https://www.nasdaq.com/press-release/pct-ltd-discusses-2021-revenue-potential-with-the-stock-day-podcast-2021-01-11
Lies that sold shares;
“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.businesswire.com/news/home/20211116005399/en/PCT%C2%A0LTD-and-Nano-Gas-Technologies-Announce-New-Patent-Pending-Technology-Set-to-Change-the-Oil-and-Gas-Industry
New and upgraded content, LMAO - Squarespace pushed an update. E commerce site will be available for purchase in 6 months just like the distributor login site is now.
More shares issued than authorized.
https://www.businesswire.com/news/home/20210126005353/en/PCT-LTD-Launches-New-Interactive-Distributor-Website-and-the-Engagement-of-Barwicki-Investor-Relations-to-Handle-Investor-Communications
All this co delivers; More BS. More new marketing. More new redesigns. More testing. More shares. More lies.