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Post# of 200773
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Re: ACE13 post# 197263

Monday, 03/13/2023 9:02:20 AM

Monday, March 13, 2023 9:02:20 AM

Post# of 200773
Its not hard to find a way if one doesnt give a **** about its shareholders

there have been MANY times it looked like there was no way he was going to last another month and he has found a way!



Succumbing to the toxic funding crowd isnt a stroke of financing genius. The right terms can always be reached. The consequence is most shareholders lose 90%+ of their investment

PCTL is the perfect example

So nobody should be crediting the CEO as a fighter that always found a way to keep PCTs doors open. Its the path of least resistance with the most negative consequence for shareholders. Even the small amount of money from true equity investors was squandered away

The preferred remedy would have been generating more revenues to pay ones bills! CEO has been incapable of doing so since inception.

So a pat on the back for screwing shareholders over taking on toxic money because PCT was in such dire financial straights, no clean money would touch it? I dont think so