Paychest Inc (PYCT)

[adanac]

trum, please tell us HOW and WHEN John Banks ran "both companies".
He is still CEO of CES, and yes, a partner in 'Rich Capital (of UK not HK)

At what point did Lawson Pillay 'give up his CEO position in PYCT' (hint: 8 months after $600K note was signed), and what is your take on Peter Coorey's position.

"So just to recap - pyct set up a deal with another empty shell for $600K in shares valued at UNDER .0001 both companies were run by John Banks....makes it smell pretty scammy eh? "

I understand that you CANNOT believe the following explanation with regards to the $600K note, as you would then be unable to explain our volume of 83.5B shares for a .0001 company with 'no production, no 'world wide salesforce', and all the other negatives you often post.

From Sept 22 N/R
"In addition, upon advice of legal counsel, the Company has removed a convertible debt for $600,000 ostensibly assigned via a third party to Lawson Pillay, the prior President. The Company believes that the purported debt is a fictitious, non- legitimate debt, without consideration and unenforceable. "