PCT Ltd (PCTL)

[dade]

@PCTL_ The Note is repayable by four bi-monthly payments of $67,500 on the 15th and 30th of every month beginning on December 15, 2022.

no wonder the CEO is hiding in Cabo with bills due like this every couple of weeks and no more stock to sell.

On November 7, 2022, the Company entered into a promissory note with a non-related party for $250,000. The note is due on January 30, 2023

The Note is secured by 75,000,000 shares of restricted common stock, which will not be issued until ten days after the due date of the loan has passed and payment has not been received by the lender. If the Company fails to make a payment due within ten days after the due date, a late payment fee of 10% of the principal amount due or $25,000 is applicable.