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nodummy

04/24/20 3:44 PM

#171470 RE: BeastmodePenny #171468

re: PCTL - The SEC issued an order that all filings due on or before July 1, 2020 would be given an additional 45 days past the due date to be filed.

https://www.sec.gov/rules/exorders/2020/34-88465.pdf

PCTL was behind with its filings, but PCTL filed their 10Q for the period ending 9/30/19 on 4/13/20 so that one is no longer late.

The PCTL 10K was due on 4/15/20, but because of the COVID-19 guidelines set by the SEC, PCTL will have until 5/31/20 to file the 10K, so technically its not late yet. Thus, PCTL is currently not delinquent with its filings.

On top of that PCTL filed an 8K on April 2, 2020 saying that it fully expects to have the 10K filed by 5/31/20.

https://www.otcmarkets.com/filing/html?id=14052063&guid=Ci4HUHDznN7bd3h

As far as the other stuff goes.. I haven't been following PCTL. From what I understand, they have a disinfectant product that did get regulatory approval for public marketing.

If people are saying PCTL has a "cure for COVID-19" then that is far different than just having a disinfectant product. That's an obvious sign of fraud making PCTL a suspension risk. I don't know if claims like that have been made by the company or anybody from the company, I'd have to do some research on that.

I know that the PCTL float has grown by over 450,000,000 shares since the start of 2019. So obviously there are/were debt holders and other insiders that have/had an interest in profiting off the stock which is a recipe for pumping and exaggerations.

Outside of that, I don't know much about PCTL.

I don't doubt that information has been exaggerated by investors/traders with an interest in the company - that's normal for most penny stocks.

Based on the fact that PCTL has been one of the most read/posted on stock forums over the past several days, it obviously has a cult type of following.

Maybe if I get some time this weekend, I'll take a closer look at it.





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DragonBear

04/24/20 3:54 PM

#171473 RE: BeastmodePenny #171468

It’s a waaaaaaaaay delinquent SEC reporting company and I believe could be halted soon.

The last time I reported a Microcrap it was DDCC. It took was delinquent in filings. I served them up to the SEC on a silver platter (e.g. no 8Ks for several material events). About 1.5 yrs later the SEC delisted the stock for delinquency. Never suspended them leading up to it.

Sometimes the SEC lets the fruit rot on the trees, before picking it.
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lucky, mydog

04/24/20 3:56 PM

#171474 RE: BeastmodePenny #171468

It’s a waaaaaaaaay delinquent SEC reporting company

no, it is not. they were 1 quarter delinquent but they made that filing. they are now current according to sec covid guidelines.
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JEM165

04/24/20 5:01 PM

#171481 RE: BeastmodePenny #171468

Total Bullcrap. No one EVER said that PCTL had a cure, only a product that can and has killed it. Pretty long stretch of the facts.
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beer$$money

04/24/20 5:48 PM

#171492 RE: BeastmodePenny #171468

This is a false statement about the PCTL Board: "They’ve been pumping the coronavirus cure for months." I will suggest that those who would like to research what PCTL is really about search the word "cure" on that Board search Box and let me know what you find?