PCT Ltd (PCTL)

[jesuslovzu]

Krag capital can convert to $2.25m into 150million shares

RB capital partners can convert $1.465m into 21 million shares.

That's a potential 171 million share dilutiion.

As of the last filing, total shares out were 795,501,229 "which does not include 204,123,771 shares of common stock reserved against default on convertible debt and 750,000 shares for vesting of executive shares"

This restructure gets us to where I kind of thought we were headed all along.. Right around a billion shares, which is what is authorized. NIce thing is, a year ago we were headed there without getting any additional capital. Now, we are $3.7million richer. Say what you will about Gary, but to be able to renegotiate all those old notes and keep our share count down made us over 3 million dollars, which is essentual right now to expand and capitalize on the opportunities.

Given what we were looking at last year, this is not bad dilution, and it's nice to know we are on solid financial footing. Frankly, I'm not sure how Brett Rosen didn't get a better deal (compared to Krag) but I guess the prospects were a little more immediate when he got in and he was willing to pay a premium.

Anyway, we are a solid company with a great future, I am exciting about these recent developments, and feel that we now have no financial roadblocks to success. Congrats in advance for all who are here.. I think great things are ahead!