Education, knowledge and experience can provide a simple answer to this
PCT has already extended beyond its A/S fully diluted.
So take the 790m I/O and add to that number all the derivatives/convertibles like the preferred shares, Auctus warrants and convertible notes etc. PCT must alway have enough A/S to remain in compliance but, PCT doesnt
Thats why a R/S or increase in A/S is inevitable and should have been done already