Paychest Inc (PYCT)

[hop]

Over $7 million dollars has been spent to date developing the Mibella/Flushaway(R) brand of flushable and biodegradable women’s sanitary liners and pads. The first container of product is slated to be ready for delivery in the first quarter 2015 as part of the $1.2 million purchase order provided by David Shaw and Co., the Company's UK distributor. Each container of product equates to about $50,000 US revenue to Paychest.

The Company is now opening talks with new distributors in the US and other countries in readiness of product availability.



http://finance.yahoo.com/news/paychest-retires-100-million-shares-130000644.html

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