PCT Ltd (PCTL)

[Not_on_the_rug]

PCTL issued $500K in convertible debt between jan - March. By the time the notes are finished converting, 220 million shares will have converted at an average of $0.02. that's $4 million dollars in combined profit for the noteholders or 8x original investment in 6 months. Ouch.

No one is trying to buy your shares cheap. If we want shares, the noteholders will sell us as much as we can buy.

Why on Earth would anyone do an equity deal with Jody when they can just sign a new convertible note? I'm sure you guys will buy up all the diluted shares on the next pump!