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Post# of 200690
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Posts 4509
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Alias Born 12/18/2009

Re: None

Wednesday, 08/31/2022 5:01:09 PM

Wednesday, August 31, 2022 5:01:09 PM

Post# of 200690
@PCTL_ remains dependent upon additional financing to continue operations. The Company intends to raise additional financing through private placements of its common stock and note payable issuances.

During the six-months ended June 30, 2022, we primarily relied upon advances and loans from stockholders and third parties to fund our operations.

@PCTL_ had $892 in cash at June 30, 2022

Our current cash flow is not sufficient to meet our monthly expenses of approximately $250,000

Revenues decreased to $284,109 for the three months ended June 30, 2022 (the "2022 second quarter") compared to $469,143 for the three months ended June 30, 2021

operating expenses increased to $921,779 during the 2022 second quarter compared to $860,446 during the 2021 second quarter.

administrative expenses increased to $742,468 for the 2022 second quarter compared to $658,616 during the 2021