PCT Ltd (PCTL)

[TheElephantintheRoom]

Egold SEC Rule 15c2-11: I agreed with your post

But the journey PCTL and shareholders have taken to get to this point is what makes this uncertainty open for discussion and debate. For me, it all started with some brokers starting to restrict PCTL trades. There was great debate about this. I use vanguard for some accounts, which is known as a conservative broker. So I set out to find another more hip, cool, jivy broker that would allow free-wheeling trading of PCTL. What I learned was other brokers were also imposing some OTC restrictions, which led me to the new SEC Rule.

Complexity ensued. PCTL, which surely should have known about this, has delayed 10Q filing directly in the face of these "New Listing/Filing Requirements" So what are we to think of PCTL intentions? we could argue PCTL poor administrative function. But in 45 days from mid-August to early October 2020, PCTL was a whirlwind of administrative efficiency. Accounting system conversion? as a retired CFO, I just don't buy that. File and amend. Even so, PCTL could let shareholders know their intentions, timelines to get copasetic, IN LIGHT OF THIS UNCERTAINTY, if that was their plans and intentions.

But the bottom line that some brokers (but not all) have, in beginning to apply the updated amended SEC Rule 15c2-11 have restricted trading PCTL. This is not your opinion or my opinion of how the regs will affect PCTL. This is what some Security Industry regulated brokers and Experts are doing. Now these brokers could be wrong or overly conservative in doing so. You and others can dismiss some brokers as old fogeys. But why oh why is PCTL even flirting with this issue??! especially if they still truly want to apply for QB uplisting? That is what the issue is at this point in time.