InvestorsHub Logo
Post# of 200690
Next 10
Followers 21
Posts 4509
Boards Moderated 0
Alias Born 12/18/2009

Re: None

Tuesday, 05/31/2022 4:19:45 PM

Tuesday, May 31, 2022 4:19:45 PM

Post# of 200690
previous ticker closed up and went dark right after paying off this mortgage..... now PCTL shareholders pay rent

Note 3 - Long-Term Debt

The long-term debt is a mortgage on a building we acquired on February 20, 2004. The interest rate is 0.5% over the bank prime rate and can be adjusted daily with a maximum interest rate of 8% and a minimum interest rate of 4.5%. The current rate is 4.5% and the term of the loan is five years on a 30-year amortization with the final principal payment due 2/22/09.

https://sec.report/Document/0001077048-05-000051/