Yes, it matters. The PR specifically stated that the submarine maker who is buying product from PCTI is traded on NASDAQ. No submarine makers are traded on NASDAQ, only NYSE. No company name was disclosed nor contract dollar amount. Any PR of this type of announcement would provide those details. It didn't because it's a lie. That's why this ticker has only slowly died since Friday morning when the PR came out.
Also...no 8K was ever filed for the "friendly investor" who took on the debt on the books. That would be a material event.
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