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Post# of 200688
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Followers 21
Posts 4509
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Alias Born 12/18/2009

Re: None

Thursday, 12/15/2022 3:43:42 PM

Thursday, December 15, 2022 3:43:42 PM

Post# of 200688
@PCTL_ has limited assets, has an accumulated deficit of $29,378,449 and has negative cash flows from operations.

As of September 30, 2022, the Company had a working capital deficit of $4,123,267.

The Company has relied on raising debt and equity capital in order to fund its ongoing day-to-day operations and its corporate overhead.

The Company will require additional working capital, from debt or equity financing, or from a combination of these sources.

These factors raise substantial doubt about the ability of the Company to continue as a going concern for a period of one year from the issuance of these financial statements.

The financial statements do not include any adjustments that might result from the outcome of this uncertainty.