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Replies to #29137 on PCT Ltd (PCTL)

SeanBoy

09/16/19 4:30 PM

#29147 RE: Biggin 1 #29137

I'll give you a head start.

2705908 Ontario Inc.
On July 12, 2019, the Company entered into a binding Letter of Intent (“LOI”) to negotiate in good faith a transaction with 2705908 Ontario Inc. for a definitive loan and option agreement to include the acquisition of at least 51% control of the Company, in addition to the other terms and commitments. On July 30, 2019, the LOI due diligence and negotiations were slated to terminate, but both parties agreed to extend the term of the LOI through August 19, 2019. On August 19, 2019 the Company and 2705908 Ontario Inc. allowed the LOI to expire but continue discussions.



Please everyone, file in one at a time for the apology that's owed me.