Paychest Inc (PYCT)

[adanac]

I can summarize opinions here, saying that
"Everyone feels there are "MORE THAN 27.8B SHARES OUT IN THE MARKET"

SOME feel "the company" is dumping shares (even at UNDER .0001) and saying 'the transfer agent is gagged' therefore, no one can get a current count of shares outstanding.

SOME feel "the shorts" are dumping naked shares (not borrowed), and that despite the margin requirement (reportedly $2.50/share)" are wiling to continue shorting, due to 'insider info' that "nothing is happening"

I feel "the shorts" are dumping naked shares (not borrowed), BUT because they have to continue, having begun during the P&D of '04-'05, where pino (first CEO) pumped, then MLON, on false NRs, ending Feb 4,2005(see P#106152). The shorts (I feel) never covered, because "not enough were selling back to them". When shares were needed to handle 'the volume', they just continued to 'short'. Pino set up PYCT to fail. Even 2 lawsuits (one for 4M (settled for $25K (plus fees) and one thrown out (due to expiring)). Neither lawsuit had "anything to do with what PYCT was doing at the time of the settlement"... just LIES which Pino told.
As people have been BUYING, and NO SELLERS, SHORTS HAVE HAD TO CONTINUE THEIR CHARADE.