−Removed: do not own any real estate or other properties.
−Removed: On October 25, 2019, PCTI executed a non-cancellable lease of office and industrial space
−Removed: totaling 11,800 square feet in Zelienople, PA., which began December 1, 2019 and expires on November 30, 2022.
−Removed: The lease terms include
−Removed: monthly rent of $7,000.
January 2, 2021, the Company entered into a ten (10) year lease for a 6-bay garage storage facility of approximately 2,500 square feet.
2 unchanged sentences
8, 2021, with an effective date of January 2, 2021.
−Removed: The Company valued the shares $0.0063, (the market value of the common stock on the
−Removed: date of the agreement) and has recorded $630,000 as a prepaid expense.
−Removed: As of the date of this report, the Company has not yet taken possession
−Removed: of the space, and is in negotiations with the landlord regarding other potential properties.
+Added: The Company valued the shares at $0.0063 per share, (the market value of the common
+Added: stock on the date of the agreement) and had initially recorded $630,000 as a prepaid expense.
+Added: On September 6, 2022, the Company was assigned
+Added: the title to a property located at 55 Ronald Reagan Blvd, Warwick, NY 10990, in exchange for the 100,000,000 shares of common stock that
+Added: were issued to the building owner in January 2021.
+Added: The Company also entered into a free one-year Maintenance Agreement.
+Added: The Company allocated
+Added: $30,000 of the prepaid expense to the Maintenance Agreement and is amortizing the $30,000 over the one-year term.
+Added: The Deed was recorded
+Added: in the name of the Company on October 4, 2022.
+Added: The Company reclassed the remaining $600,000 as a fixed asset and credited prepaid expense.
April 14, 2021, the Company entered into a five-year lease which began on June 1, 2021, for approximately 8,100 square feet of office
and warehouse space in Carlsbad, California, expiring May 31, 2026.
−Removed: Initial lease payments of $13,148 begin on June 1, 2021, and increase
+Added: Initial lease payments of $13,148 began on June 1, 2021, and increase
by approximately 2.4% annually thereafter.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.