PCT Ltd (PCTL)

[Not_on_the_rug]

This doesn't make much sense as a pump and dump. New CEO comes in to a company that has an actual product (unlike most of the OTC garbage). One of his first orders of business is to trick or collude with another business to sign a letter of intent? The LOI then juices the stock price so that the note holders make more money when they convert and dump?

I've got to say, if this CEO got a third party to sign an LOI to support his pump and dump, then bravo. Well played sir!

Or, more likely, the LOI was legit and they really are finalizing a deal.

The fact that the share price hasn't completely collapsed in the face of these note conversions leads me to believe that the smart money knows that the deal on the table is real.

But then again, who really knows?