PCT Ltd (PCTL)

[thegreencandle]

Wrong.

It was 700k and the interest in the lender has in loaning that money has zero to do with where pct is going, but more to do with the simple fact they were paid more than 50% of the amount they lent to pct in shares they then dumped into the market. We know they were paid at least 600-625k to lend pct 400k. There no disputing that. In addition, pct is still on the hook to repay the 400k, plus interest. What we don't know is how much pct issued to the lender for the second loan of 300k.but regardless, the interest has nothing to do with what pct is doing or where it's going and everything to do with the fact that they made 200k plus on their loan before they even lent the money. It doesn't matter if pct goes belly up or succeeds, the lender already made their money back and then some. It's a total no brainer deal for the lender that has no dependency whatsoever on the success of pct. I'd loan on those terms any day of the week.