Replies to post #171953 on PCT Ltd (PCTL)

[Chexa10]

AGAIN WRONG!

"PCTL will be selling their fluids to the JV which will be independently funded through a Reg D offering."

This keeps all funding into the joint venture which PCTL reaps revenues from but share structure is not attached to. The FUD in the latest post is completely off base!

[SweetBlackCrude]

Reg D is dilutive, increases o/s count!:

YOU ARE 100% WRONG!
The Reg D is for the Working Interest in the drilling program and DOES NOT DILUTE ONE SINGLE SHARE TO PCTL

THIS IS ACTUALLY A GREAT DEAL FOR PCTL AND ITS SHAREHOLDERS. THEY GET ROYALTY POINTS!!! NO RISK AND ONLY UPSIDE!

May be a private offering to accredited investors, and the shares they buy may be locked up for some period, maybe 6 months, so they would not initially increase the float, but unless something highly unusual, like preferred instead of common shares are issued, which would by the way be convertible at some point into common, unless something like that, they do increase the outstanding common share count (o/s count) as soon as issued, just temporarily restricted shares within the o/s count.

DILUTION is coming! The only question is, at these low penny prices, how many shares, how big the dilution will be. And I suppose, will they be able to successfully find those accredited investors. WRONG WRONG WRONG

CALL IR FOR FACTUAL INFORMATION!!!