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greybeard34

11/17/20 11:30 AM

#140636 RE: ulmadi #140635

If the company does not pay the 400,000 back at the end of the term, then that amount will be sold into the market at a .20 a share rate. If PCTL pays off the loan before the conclusion, those will never convert.

snow

11/17/20 11:37 AM

#140641 RE: ulmadi #140635

uImdi the 400 k Ioan can be converted at 20 cents. The reaI payment for that deaI is 31.5 miIIion shares.