PCT Ltd (PCTL)

[namtae]

If thats the case, shareholders should be concerned

my uninformed guess is Sims converting from preferred to common.

Assuming PCT didnt revised the terms, which could make things a lot worse, the SIms group invested $2,250,000 convertible into common at $0.015/share.

Thats 150,000,000 shares!!

Thats doesnt even account for any anti-dilutive language which is like adding gas to fire

That means theres a long way to go before the selling is over.. keep an eye on PCTs outstanding share count, its just starting to rise