Maybe Art was worried about the $$ he foolishly loaned PCT
However, he knows PCT will have a few bucks coming in from the deal with ACE
He also knows PCT will have a few more bucks with their 1 year tail on certain hospital business
So this was the most opportune time to:
Repay those loans to himself from what ever funds he could put his hands on while some was available Deregister PCT with the SEC so no filings are required, meaning no shareholder will ever be the wiser of the payback