Replies to post #140568 on PCT Ltd (PCTL)

[greybeard34]

Not sure you understand. They were already converted.

[namtae]

Too much to correct but it appears a complete misunderstanding of what actually took place with PCT

Please correct me if I'm wrong!

[cybernomade]

A very excellent posting, thank you!

[H2004]

1. PPS stands at 0.0800 after the 6 months. Will RB make the conversion? Of course not. So the $ 400,000 becomes due for payment. Case done.

2. PPS stands at 0.25 after the 6 months. Will RB make the conversion? Yes, of course, with a profit of 1,575,000.

Please correct me if I'm wrong!

To be revisited in "6 months" ...........Cheers!!! :-D

[CyberJ]

RB capital loan no doubt helped with consolidation and capital for expansion.

With a 10 million guidance for 2020 PCTL will benefit greatly from the loan, and will be in a position to service its debt with no efffort.
RB will make money on the loan all lenders do.