Thanks for the DD. "Share Tank on Empty". Supply and demand. PPS should move up.
Your DD should help. I remain PCTL Long, strong, positive & patient, yet ready to roll.
$PCTL
dade Friday, July 08, 2022 9:39:21 AM Re: jimr1717 post# 192184 Post# 192185 of 192189
Share Tank on Empty; Upon the issuance of the convertible notes payable described in Note 6, the Company [PCT] concluded that it only has sufficient shares to satisfy the conversion of some, but not all its outstanding convertible notes, warrants and options.
Which I can assure is a breach of the contract with every one of those derivatives
Upon the issuance of the convertible notes payable described in Note 6, the Company concluded that it only has sufficient shares to satisfy the conversion of some but not all of the outstanding convertible notes, warrants and options.
PCT may be in violation of numerous other rules or laws by not maintaining enough authorized shares.
Its like they are promising shares they dont have.. theres a name for a scheme like this
Some good reading on the Auctus response about this