PCT Ltd (PCTL)

[FinsDontRule]

Looking good? Did you read the "going concern" statement from the 10Q from Friday?: The accompanying consolidated condensed financial statements have been prepared assuming that the Company will continue as a going concern. The Company has an accumulated deficit of $27,233,853 and has negative cash flows from operations. As of June 30, 2021, the Company had a working capital deficit of $5,690,484. The Company has relied on raising debt and equity capital in order to fund its ongoing day-to-day operations and its corporate overhead. The Company will require additional working capital from either cash flow from operations, from debt or equity financing, or from a combination of these sources. These factors raise substantial doubt about the ability of the Company to continue as a going concern for a period of one year from the issuance of these financial statements. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Not to mention, they are actively selling future receivables at huge discounts every month AND have $300K per month in convertible notes maturing. This stock a dilution scam of epic proportions and will not stay above a penny for very long.