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When news comes out, it will pop.
$2.00 is obtainable. This thing moves on very little volume. I am holding 1.1 million shares.
HONG KONG / ACCESSWIRE / October 3rd, 2014 / Paychest, Inc. (PINKSHEETS: PYCT) (the "Company") is providing an update on the previously announced $1.2 million purchase order with its UK agent, David Shaw & Co.
Over recent months PayChest has held extensive meetings with Xinpro Manufacturing film division and sanitary products manufacturing to prepare for production. Significant progress has been made and the Company anticipates first containers of product will be ready for delivery to David Shaw & Co. in the first quarter of 2015.
The company will sell its Mibella(R) product range, a patented and trademarked brand of flushable and biodegradable women's sanitary pads and liners into the UK and the US. The Company has also received strong interest from distributors and wholesalers interested in selling Mibella(R) products in mainland Europe, Asia and Africa. Each container generates revenue of around US$50,000 for PayChest, depending on product mix.
Mibella(R) offers consumers more features for the same price as competing products from the market leaders. Competing products in this fast moving consumer goods market, produced by Proctor and Gamble, Kimberly-Clarke and Johnson & Johnson, are neither flushable nor biodegradable.
COMING SOON
Mibella Pantyliners - flushable and biodegradable. For young women especially reduces the anxiety of men, boyfriends, workmates, brothers or fathers finding used product.
Mibella Ultra-Thin Sanitary Napkins - flushable and biodegradable. For young women especially reduces the anxiety and embarrassment of men, boyfriends, workmates, brothers or fathers finding used product.
Mibella Maxi Pads - flushable and biodegradable. For heavier flow.
Light Adult Protection/Incontinence - flushable and biodegradable. Provides protection and discretion for the consumer. For men especially, this avoids the stigma or embarrassment of others knowing they use protective products.
(230,000,000) million shares I own!
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
https://www.linkedin.com/profile/view?id=190167005&authType=name&authToken=WTBU&goback=.npv_36367574_*1_*1_name_Xspl_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1_*1&trk=prof-sb-browse_map-name
PayChest is pleased to announce that the Company, with its partners, have completed the design of its first flushable and biodegradable adult protection product.
This first product in PayChest's adult protection range is for light adult protection and will target the expanding "50 years or more" consumer market typified by baby boomers. Around one person in six that is 50 years or more uses some form of adult protection. Consumers typically use these light adult protection products to protect against urinary leaks caused by factors such as childbirth, diabetes, prostate problems, certain prescribed medicines and age related muscle control issues.
The superior discretion offered by a flushable adult protection product allows the consumer -- male and female -- to preserve their dignity and image of living a healthy and active lifestyle.
This new product draws on patents and designs currently owned or licensed by PayChest.
Together, the flushable and biodegradable adult protection range with the Mibella®/Flushaway® biodegradable and flushable womens sanitary product range provide the Company greater revenue potential, additional product lines and ultimately better revenue protection.
The Company expects to have prototypes available during the first quarter 2015, provided by Xinpro, our production partner that also manufactures the Mibella®/Flushaway® womens sanitary product range.
The trouble is:
That most of these buys are phantom shares, IMHO.
89,689,201
Exactly
Phantom shares!
Yes you can buy.
MM's selling phantom shares all the time.
Wow. Great news.
I wonder what the bashers will have to say now?
With access wire there is more exposure.
http://www.accesswire.com/about_us.aspx
I agree!
Today is just the beginning. IMO, Wait for the BIG news and watch this one run up over .01+
Not flipping my 230 million shares.
Holding on for much higher price. The NSS's are going to have to pay for mine!
I left a voice mail.
Have not received a reply from Tom yet.
FYI
IR phone at Paychest is now on again. Tom is taking messages.
71,000,000 was NSS'd yesterday.
http://otcshortreport.com/index.php?index=pyct&action=view#.Uz6qIKKHMa_
I've been in since 2003.
Back in the MLON days!
Financials are not due yet.
At least according to IR. I received a text from Tom 2 days ago and he said they are not due yet.
We are trading again
I think someone knows something.
The massive buying that happened a short time ago was quite substantial and no one is going to buy that many shares on a .0001 stock unless they know something. This was the most volume that we have seen in over 18 months.
IMO, things are about to blow wide open. Then we will see just how high we will go and for how long.
230 million shares and holding strong for me.
Yesterday was the last day to buy.
Being that it takes 3 days for buys to clear. You would have to own your shares on the evening of the 13th. The dividend is on the open on the 14th.
The bottom line is this.
Until the chill is lifted and news comes from the company, nothing major is going to happen. Everyone can speculate (positive or negative), but no one knows what is happening.
IMO, any product that is being sold is old product. There is no production right now because the company needs financing to do it.
Chill = No financing = No production = No sales.
When the name, symbol, & cusip# change is made, we will see if there is a NSS like most people believe.
When all of this is done, then the company can move forward with contracts, sales, and income.
Right now we are still in a wait and see mode. No one but the company can change that.
Blueland was set up about one week before PYCT announced the Flushaway deal and they have the most preferred shares...hummm
http://www.marketwired.com/press-release/paychest-to-announce-new-website-and-year-end-results-by-may-9th-2008-847184.htm
http://www.companies-hongkong.com/blueland-shipping-trading-limited-q80n/
This was reserved right after the company had its' shareholder meeting.
http://who.godaddy.com/whoisstd.aspx?domain=sustaintechnology.com&prog_id=GoDaddy&k=4otSBb%2fOVtidEguiPHTIpJTtgztsvlTCXri9HSCZbNyMJSVjb9huOT8Gap2h4E%2fEdsmCezVbN7I%3d
I agree.
We just have to continue to wait. It has been a long time coming, but I think we are almost there.
I believe it is old product.
My guess is there is a distributor that has a lot of the old product in a warehouse somewhere.
Tom has told me time and time again that we need the chill lifted. Until that has happened the company has no money for production. They need financing.
They cannot get the financing while the CHILL is on. Until this happens, nothing can move forward. Chill = No financing = No production
It comes to and end 3/14!
IMHO, I do believe that PYCT is NSS'd big time.
There is nothing that will change my mind on that subject. I do not believe also that what is said here will ever have any effect (positive or negative) to the outcome of shares bought or sold or to the future of PYCT.
When the chill is lifted (not if) this company and the pps will move up substantially and there is nothing that the bashers here can do but watch it go up.
I am holding 230 million shares and plan to make some good money with PYCT. Good luck to all of the shareholders here, for our time is just around the corner and there is nothing that can stop PYCT by getting in the way of this freight train.
There is a lot of copy and paste going on here. Over and over again some posters have nothing new to say. They have not had any influence on my decisions to buy or sell PYCT.
You are so right!
The bunker is surrounded and the we are about to take the hill. NSS's beware of the grenades!
I agree.
What I want to know is where are these shares coming from for the MM's to sell? Hmmmmm More NSS'?
I wonder if we will go over 200 million today?
This poster has to know that it is a losing battle. It is just a matter of time before PYCT rises out of the ashes and moves to higher ground. I wonder if she will continue to put out negative statements all the way up?
Holding my 230 million shares for BIG bucks.
In for over 10 years now.
Back into the MLON days when NSS was going wild. I am holding 230 million shares and am waiting for the BIG payoff.
GLTY