PCT Ltd (PCTL)

[dade]

@PCTL_ exhausted; The number of shares outstanding of the registrant's common stock as of November 14, 2022 was 805,596,961 which does not include 192,431,164 common stock reserved against default on convertible debt.

Insolvent; The Company has no lines of credit or other bank financing arrangements. The Company has financed operations to date through the proceeds of private placement of equity and debt instruments

Noncompliant; As conversion of the Series C Preferred Shares is not within the control of the Company, and it is not certain that the Company could satisfy its obligation to deliver shares upon conversion

Poised for bankruptcy with an empty pipeline; On April 12, 2022, the Company incorporated two wholly-owned subsidiaries, both in the State of Nevada, and neither have commenced operations to September 30, 2022.

Could you please explain what leads you to believe the structure is favorable as well to set up a really good run in 2023?