PCT Ltd (PCTL)

[Not_on_the_rug]

July 17th and 18th were the 9th and 10th trading days if you count back from today. Both of those closed at $.003. after that, the closes were in the $.009 - $.025 range.

Most of the notes let them convert at a 40% discount to the average of the lowest two trading days across the last ten days. Which means tomorrow will be the last day they can convert at $.002. after that, they will be converting much higher.

Occam's razor - if they are converting their shares and selling to retail, then they aren't bulk selling the notes back to pctl with the escrow money. Why would they? Their return on converting and selling back to us (RETAIL) is MUCH higher.

Also,all of the notes have stiff prepayment penalties (30%-50%).

And this is the second Canadian shell company signing a LOI with the company in three months? Reminds me of how everyone has that one friend who has a fake girlfriend that "lives in Canada".

PCTL is that friend. Ontario is the fake Canadian girlfriend.