PCT Ltd (PCTL)

[PennyStockTrader2]

did some more research on when we can expect to be cut off from trading, and that would be around the end of June (180 days past end of the last quarter ending Dec 2022). So we have some time to clean this up. And the brokerages (Fidelity and Schwab) are honoring Pink Limited

https://www.otcmarkets.com/learn/15c2-11-resource-center

"In order to remain designated as “Current Information” on our markets, companies with Exchange Act reporting requirements must make timely filings of all reports required to be filed with the SEC.

Rule 15c2-11 permits additional time (180 days) for Exchange Act reporting companies to continue to be eligible for public broker-dealer quotes. Accordingly, companies that make their annual or quarterly reports publicly available (via EDGAR) within 180 days of the end of the applicable quarterly or annual reporting period will still be eligible for broker-dealer proprietary quotes, but will be designated as “Limited Information”.

For example, if a company with a fiscal year end of December 31st files its second quarter 2021 report in a timely manner (by August 16, 2021), it would remain in the “Current Information” Tier until the third quarter report is due (November 15, 2021). If the third quarter report is not filed, the security would still be eligible for broker-dealer quotes, but would be moved to the “Limited Information” tier and would continue to be eligible for public broker-dealer quotes until December 27, 2021 (180 days after the end of the issuer’s second quarter). Thereafter, assuming the issuer did not rectify its disclosure deficiencies, the security would enter the 14-day grace period and move to the Expert Market for unsolicited quoting only."