PCT Ltd (PCTL)

[Godough]

The recent statement from PCTL means this.
Listing on OTC's QB tier is still being sought.
IMO means the have not been rejected.

We will recall that OTC significantly changed the requirements to be on the QB, even the fees required, AFTER PCTL had applied.

In the ensuing months PCTL has taken huge steps to meet the evolving requirements. So the days of put the application in, pay the fees, and get listed, are gone.

Upon completed application (which very recently happened), OTC will assign one of their analysts to assure that any company applying, and those currently on the QB continuously meet the requirements.
When (if) the Analyst certifies to OTC that a listing meets the requirements, then and only then will the OTC consider the application, they reserve the right to deny "just because". OTC is trying to attach value to the listing, and as such are taking care on who gets listed.

So when PCTL states that they are in the que, or pursuing the tier change, it's really all they can say.

To a green day, Cheers,

Link to OCTQB Agreement:
https://www.otcmarkets.com/files/OTCQB_Agreement_Watermarked.pdf

IMO
I also recall some material about RB getting companies over the line.
New CFO, New Council, New IR
GLT A A