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Post# of 200688
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Alias Born 12/18/2009

Re: None

Monday, 05/15/2023 11:52:36 AM

Monday, May 15, 2023 11:52:36 AM

Post# of 200688
@PCTL_ has limited assets, has an accumulated deficit of $29,378,449 and has negative cash flows from operations. As of September 30, 2022, the Company had a working capital deficit of $4,123,267.

For the nine months ended September 30, 2022, the Company recorded a net income of $220,544 and at September 30, 2022, had a working capital deficit of $4,123,267

Our current cash flow is not sufficient to meet our monthly expenses of approximately $250,000 and to fund future research and development adequately. We intend to rely on additional debt financing, loans from existing stockholders and private placements of common stock