Replies to post #98415 on PCT Ltd (PCTL)

[jesuslovzu]

Sounds good!

This was in the latest 10-Q, I think it's page 1. If he's said something the contradicts this then maybe they worked out a deal, but it seems like the float could be 950M if all of these warrants are exercised at once.

"The number of shares outstanding of the registrant’s common stock as of April 10, 2020 was 527,813,393 which does not include 427,186,607 shares of common stock reserved against default/conversion of convertible debt. "


The high number outstanding seems to correspond with this chart from page 28, which indicates that these can be exercised at any time:

Date Number Number Exercise Weighted Average Remaining Contractual Expiration Proceeds to Company if
Issued Outstanding Exercisable Price $ Life (Years) Date Exercised
11/28/2018 142,857,143 * 142,857,143 * 0.00035 * 2.16 11/28/2021 $ 50,000
12/3/2018 500,000 500,000 0.10 4.18 12/3/2023 50,000
2/14/2019 159,397,690 * 159,397,690 * 0.00035 * 4.38 2/14/2024 55,789
3/13/2019 107,142,857 * 107,142,857 * 0.00035 * 4.45 3/13/2024 37,500
9/11/2019 10,416,667 * 10,416,667 * 0.00288 * 4.95 9/11/2024 30,000
420,314,357 420,314,357 $ 223,289



I still think PCTL is a good deal regardless.... but 950m shares is a lot more than 540m if that's what we're headed towards, so I hope you're right that he's said it's not.

[Cherry]

Let those that think it's a big deal do there own DD all I definitely know is multiple Dollars are coming PCTL is a cash Cow!