PCT Ltd (PCTL)

[aandt]

It's quite simple really. A corporate spinoff involves distribution of shares to shareholders of record. Spinoffs are a common occurrence and I have never heard of a spinoff that required shareholders to do anything to receive shares in the new company (other than own parent company shares). Hence the word given. If anyone wants to provide a precedent or protocol where a spinoff distributes shares only to existing shareholders who pay a fee or some other barrier, I would be happy to be educated on this.

If you want to argue that PCT will not complete the spinoff, that's a different discussion.

And I have no interest in arguing about past failures. You are correct... many failures. We all know the history.