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Re: bspader post# 6876

Monday, 05/18/2020 12:36:35 PM

Monday, May 18, 2020 12:36:35 PM

Post# of 24831
Bidding and winning are two different things. Also they are purposefully deceptive in their releases. If PCTI was making real money, then they wouldn't merge into a shell that has $1.5MM in debt. That's like jumping into a freshly dug grave and having them back fill it while your in their. It makes no sense. All these release are doing is making the noteholders richer than they already are. They are collecting almost 4x their money on each one of these news items. Their current conversion price is now .00189 now do the math. On top of that there will be a 3x increase in the number of shares as soon as the merger is completed. So your looking at over 1 Billion shares outstanding again. All while still having $1.5MM in debt. You have no way of knowing how much profit PCTI is making. How long before they have their required audited financials done. Where is the 8K on the "new" investor that is taking out all the noteholders? So if you want to play for fractions of fractions go ahead.
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