PCT Ltd (PCTL)

[dade]

@PCTL_ insurmountable notes payable

At September 30, 2022 the Company recorded notes payable totaling approximately $2,477,933 (related, non-related and convertible, net of debt discount) compared to notes payable totaling $2,165,102 (related, non-related and convertible, net of debt discount) at December 31, 2021. These notes payable represent cash advances received and expenses paid from third parties and related parties. All of the notes payable carry effective interest from 0% to 171% and are due ranging from on demand to November 30, 2023.