Let's count the reasons why pct is such a winner.
In the 3 years since covid, they ran the sp up to .09.
They completely failed to capitalize on the one time, very unique, amazing opportunity they had during covid to get their products into the world. In fact, the only thing they did was set up a "network" of distributors, half of which were fake, most never got off the ground, and failed. Miserably.
They lied about vetting the distributors. Gary's only objective was a cash grab, charging distributors to join the "network". He had no interest in ensuring pctl growth, no vision and no leadership towards market penetration. And completely failed to harness the momentum that covid brought and watched as his company's revenue dwindled quarter after quarter, while telling shareholders that he believed revenue would increase to absolutely insane heights, while doing absolutely nothing to make it happen.
He put no money into marketing, instead choosing to finance a werks facility build out they didn't need, further enriching his personal network at the expense of shareholders. Diluting this stock to no end, while trying to continue to pump the price of the sp with empty words and false promises.
We have since watched this pos go from 9 cents to less than half a cent. The entire time we have watched revenues dip, while projections stayed the same. 5m to 10m. Easily he said. Concervative estimates. All the while, they can't even afford their own bills. They have taken on more and more toxic funding. They have even stolen money from their own CFO. Assuming he isn't in on the scam and maybe laundered money thru the loan, or cooked the paper work to make it look like he loaned them money. Who knows. I'll give him the benefit of the doubt and assume he got ripped off just like the rest of us.
We have heard about all the bullshit deals that have fallen thru. There are too many to list, but anyone who's truly been following this scam and isn't a paid schill, knows the actual score here. Best case, they have failed to deliver on any single goal they set or any deliverable they have promised or any significant revenue generating initiatives they have entered into. Worst case they are lying con artists who have enriched themselves using our dollars. Some of those folks actually go into public forums and pretend to be someone they aren't and continue to knowingly and wilfully push this scam on potential shareholders. They are easy to spot and I feel bad for anyone who falls for their bs.
This company is a share selling scam who puts their efforts into deceiving people into buying their stock. That's it. That's all they do. They bought an operation, they keep it afloat, they put minimal effort or financing into the company, cutting it out at the knees but giving it enough to keep the impression that they're a business alive. Gary is a con artist crook. If you look at the company, it's performance, it's initiatives VS it's accomplishments, and ignore their public promises, it's very apparent what's taken place here. They move far more shares than product. They make far more money on toxic lending schemes than they do selling product. They actually don't really sell anything, they let ace do their thing and work with Gary's buddies in oil and gas, and all the while, they continue the con.
If you can honestly look at pcts history, their continued behavior and execution, and walk away thinking this is a good investment, you deserve to lose your money.
To those who got burned, it sucks. Best hope is they run it up and we can bail. In the meantime, I continue to slow drip it out for tax loss selling at the end of the year until its gone. I made the comment yesterday and it's true. My toilet paper is worth more than this pos on a sheet to share basis. A lot more.
