My point is that on a macro level the situation is quite a bit better than it was a year ago. They have settled notes and canceled warrants, quite favorably.
We will see what happens but I do not expect any massive increase in shares coming soon.
PCTL has many here trying to convince us that PCTL was Cash Strapped Broke & can't pay its notes? NOTE 13. SUBSEQUENT EVENTS On August 12, 2021, the Company settled the outstanding principal and accrued interest on a convertible note payable through a cash payment of $179,000.
On August 16, 2021, the Company settled the remaining outstanding principal on a convertible note payable of $88,795 and accrued interest through a cash payment of $21,000. In conjunction with the debt payment, 8,000,000 shares were issued on 9/1/21. As part of the settlement, the holders of 107,142,857 warrants have agreed to cancel said warrants once the Company is no longer delinquent with its filings with the SEC. PCTL now Pink Current Information!!!
On September 16, 2021, the Company settled the outstanding principal and accrued interest on a convertible note payable through a cash payment of $122,694.
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