Replies to post #199759 on PCT Ltd (PCTL)

[lucky, mydog]

On May 8, 2023, the Company entered into a purchase agreement to sell HOCL producing equipment, its permits,
records, goodwill, and intellectual property licenses to a buyer for $532,500 (the “Purchase Price”). The Purchase
Price was reduced by a $100,000 holdback as collateral to secure the Company’s obligations set forth in the purchase
agreement, the remainder was applied to fulfill the Company’s debt obligations. The Company received $93,467 upon
closing of the purchase agreement.