PCT Ltd (PCTL)

[Not_on_the_rug]

Suspension is likely off the table too because their filings are current.

I don't see this breaking $0.02 without any news though.

Also, they need cash and they need it immediately. With no merger on the table, they need cash from notes. The notes will have to be convertible.

Unfortunately the entire A/S is reserved for current noteholders. So they will need to raise the A/S significantly. Trading this close to a penny, it would make sense for them to reverse split before doing that.

Given their immediate need for cash, I think those actions will happen very quickly.