Replies to post #10993 on PCT Ltd (PCTL)

[Mrblabla]

Please sticky Beandog PostI am inclined to listen to the CEO since he posted this in the fish bowl of Social Media...imo
Give Beandog a raise for this DD

[JMMatthews]

This is huge. Thank you Beandog



PCTL $$$

[Cavs2015]

What is the dollar value of the notes owed relating to the 106 million shares? Thanks.

[eur06]

THANKS AGAIN $$$$$ :

Xxxx, you are correct that there is only 300 million shares authorized. There are 106 million that is outstanding and tied to the lien holders. Our plan is that once we have funding, we will pay off the notes and the 106 million will never be issued

[hesontheloose]

Wow, now that is some nice clarification...8k was a bit confusing, but CEO just made things crystal clear... $PCTL

[Pnypnchr]

Thanks for everything Beandog.

$ PCTL long and strong

[trademax42]

Thanks Beandog for this work. Many seasoned posters may have bailed yesterday due to a perceived threat of a higher AS on the way to dilute shareholders value. CEO's communication provided some level of comfort to players who decided to stick it out.

Hopefully the remaining conversions will be done and out of the way by the 19th. The ticker will then be free to fly upon closure of the deal.

$PCTL

Imho of course.

[Crazy Money]

Bought plenty of shares yesterday and today :-) got filled with so many 100 200 300 and 911 prints it is crazy :-D

[MaxYazger]

NOW TELL ME HOW THIS ADDS UP!s

per Aug 5 8k

230,354,095 shares of the Registrant’s common stock issued and outstanding, and 176,553,273 shares of common stock that have been reserved for conversion.


As per Jody - 300 mil authorized and 106 mil reserved



According to May 15 10-Q
March 31, 2019
Convertible notes payable as of March 31, 2019 $420,874.

As of Aug 5
Total conv debt owing $306,374

NOW TELL ME HOW THIS ADDS UP!

[MaxYazger]

At the rate this is going, if they try to convert with the shares available
they will maxed out (300 mil shares ) in the next 60 mil converted,
with $200,000 debt still to be paid.
I dont see how they can convert anymore shares without changing the count
one way or another.
These conv debts will have to be paid in cash , not to mention any other loans outstanding. Funding needs to be there.

[LOVE*PINK]

Nice DD

[Beandog]

The OS increased to 1 billion shares today. Moderators, please remove the my old stickied post which is no longer valid.