PCT Ltd (PCTL)

[greybeard34]

Egold, I feel like I’m exposing this clearly but you just aren’t listening. I didn’t say the trade today raised the o/s. I said it’s a product of the converted shares(the converted shares raised the o/s), now those converted shares are in a third parties hands. They can choose to keep them or sell them into the market at any moment. Because they don’t have patience, they will start selling them into the market once the transaction happens. As they sell them into the market it’s the conclusion of the transaction and the market share is diluted.

For instance, 31.5 mil. shares were converted and given to RB Capital, once they received them, they begin selling them into the market for a profit. Maybe at this point they have 20 mil. shares left, they might sell another 2 mil. on Monday and be down to 18 mil. This will continue until they have no more shares, until they are finished their will be down pressure on this stock which is the final step in the whole dilution process.

So until we have all the converted sharesin the market, we will continue to see this price action. Obviously, prs and other news will affect the speed of this happening.