News Focus
News Focus
Replies to #10830 on PCT Ltd (PCTL)
icon url

Bushmantrader

08/06/19 8:14 AM

#10833 RE: Vector93 #10830

They will raise the AS unless their plan is a small 4:1 RS. Would get the share price to .04 which is Ontario's conversion price and frees up enought room in the share structure to give them 51%. Just a wild theory.
icon url

Beandog

08/06/19 8:28 AM

#10836 RE: Vector93 #10830

Per the Nevada SOS as of this morning, the AS is still set at 300 million. This means the AS has NOT been raised (yet).

The wording in the OS and Reserves section of the 8K could have been better. I sent a clarification request to the company.
icon url

Rock_nj

08/06/19 8:42 AM

#10839 RE: Vector93 #10830

Does it matter though? Not a crushing amount of shares. What matters is that they get over the hump and have 51% owners that have the money to get their marketing and sales going bringing in revenue and eventually earnings.