about 3-4 months ago, Gary locked $1,465,000 at 5% convertible at $0.07 and the due date has been extended to December 15, 2024. good money on good terms. No RS No Problem
Gary Grieco, CEO, stated, "RB Capital stepped up with funding at a critical time in PCTL's history. The funding allowed us to repay debt, add personnel, and redesign our product line. By extending the repayment of the debt, it affords us time to use our cash flow to expand and grow sales and invest in our R&D programs. RB's action along with the recent equity investment of $2,250,000 from Krag Capital, will help us to build our reputation in the industry and capture additional market share with our breakthrough products in healthcare, oil & gas, and agricultural industries."