A. within thirty (30) days after entry of Final Judgment, Defendant shall surrender for cancellation all rights to all shares of common stock associated with the issuers identified in Appendix A to the Consent, which were received in connection with convertible notes and related warrants entered into from January 1, 2016 through the date of entry of Final Judgment;
(See APPENDIX A)
On August 30, 2022, 1,971,875 shares of common stock were returned for cancellation due to an SEC court order.
On May 7, 2021, the Company deemed in the best interest to settle any and all of the Company's prior convertible debt with Crown Bridge Partners and allow for the cashless exercise to purchase 1,921,875 shares of PCT LTD's common stock (par value $0.001/share) at the rate of $0.032/share, thereby reducing PCT LTD's prior debt to Crown Bridge Partners to $0. In addition, Crown Bridge Partners shall release 60,072,853 shares to the agreed upon payment terms of $36,994 cash.
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