Dade…there is plenty of quality DD put forth on this board. PCTL has managed to weather some choppy seas. Granted it took on some water, went of course here and there but has survived.
2023 will bring a gusher of Oil and Gas revenue and the healthcare business will grow as well.
I pray you have a Happy Thanksgiving. We have many reasons to be thankful for—PCTL is one of them.
What will be interesting to see is what happens with the $250k note they took out on 11/7. They owe $125k in December and the same in January, They have nowhere near the cash or the incoming revenue to pay it. If not, they dilute 75 million shares at .0033 to the lender. And will continue to do the same throughout 2023. If lenders stop giving them money on declining revenues, then BK looks possible.
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