PCT Ltd (PCTL)

[dade]

20. Denied. Further answering, Auctus is without information sufficient to admit or deny the date PCT learned that Auctus had exercised its rights under the Warrant. Further answering, Auctus states that it attempted to exercise the Warrant for 39,339,900 shares on December 10, 2021, but that, in breach of its obligations under the Warrant, PCT did not have sufficient shares in reserve. Further answering, on December 14, 2021, with the knowledge and consent of PCT, Auctus exercised its rights under the Warrant for 2,548,461 shares.

They were trying to jailbreak 40 million shares, but settled for 2.5 million? I hope Auctus could allege a criminal conspiracy to defraud them of their rights and benefits resulting in Gary’s arrest and removal