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Pooper, that was 4 and half years ago, God, get a life.
yup and that's how they attracted new pigeons then.
How they doing it today?
Stockfolk BB?
IR giving headsup of PR soon again?
maybe another 5K on a letter instructing all to buy not too late...lol
But the pigeon soup is getting cold now lukewarm for some...lol
Ask TommyBoy what happened to Tobie Oliver the IR girl calling around town with the life changing story?
Paychest is not only the real deal but it is going to be a life changer for the better and for all shareholders!
Aim2Plez Monday, 01/17/11 11:26:54 PM
Re: None
Post # of 114978
I received a call from a lady named Tobie Oliver from Paychest today. She was checking on shareholder sentiment, which I gladly told her that I was excited about the recent events, but couldn't speak for anyone else. She was really a breath of fresh air and totally opposite from what I could ever imagine. She was very easy to talk too and she informed me that things were really going well for the company. All I can say is if you don't believe in Paychest so be it...sell and move on. After today there is nothing that can make me believe this isn't going to payoff HUGE. Shareholders who haven't gotten a call yet...its coming! She says just hang in there and don't quit. She said do not lose faith. I have been an investor in penny stocks for 15 years and this is first stock that had Investor Relations contact me personally. I could hear the excitement in her voice and everything she told me was extremely positive and forward looking, so after today I will be buying more and will give my group the green light to do the same if they so desire. IMO...Paychest is not only the real deal but it is going to be a life changer for the better and for all shareholders!
Jerry call Tommy Handiwipes yourself, he should make you feel good also....and once again nice of IR to give all callers a headdup of news coming this week.
lol....once again giving you and all callers another chance to loadup...Time for more pigeon soup?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74098833
Amazing that it takes some people 5+years to see they been taken for clowns....lol
mystery patents, mystery David Shaw 1.2order,mystery Xinpro , mystery financing for 7years , mystery sales force sorry worldwide sales force and last the no mystery 800 IR # to call for the latest cup of pigeon soup.
Yet there is still some clowns claiming to be buying daily on the one last BB that discuss pyct as the next best thing...just amazing
hey Lemon you see what kind of investors pyct attracts?
Clowns meet clowns?
Lemon you very close with The objective of the SEC is to go after real scams and close them down
pyct is just a merry-go-round as long as they comply within the rules they could go on trading.
pyct averages 4B shares a year which is not a bad business.
They announce much and deliver squat...they announce production, sales, patents ,one order and working on many others...lol all true except it takes time which is made very clear with one word (SOON)...
nothing wrong happening just a very slow process and much excitement in the IR feelgood phone calls and PR released.
all legit business as usual which could go on and on and on as long as new pigeons fly in from time too time.
Having a BB like ihub/RB and the new Stockfolk BB helps get new pigeons.
The TSX has different rules and evetually
delists clowns like these
and as you know there is a trading ban in BC ...BCSC rules doesn't even allow them to trade in BC.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29186699
Jerry most have no idea what it takes but
Banks and Tommyboy do.
500K if nothing just ammo for the hypejob and pigeon food for the Stockfolk pump crew.
CES never sold all that much product hence the reason they were delisted from Walmart.
Also reason they were dropped in the UK before that.
Women are very brand loyal and just don't stick anything between them legs...
http://www.bizjournals.com/triad/stories/2006/06/12/story2.html?page=all
If there was/is any truth too this old story, they would of found $$ 10 years ago no need for pennystock pigeons...7years and still going strong.
500K is not enough its a hype job.
Consolidated Ecoprogress is a publicly traded firm on the Canadian TSX Venture Exchange. It has just 10 employees, but the company makes the Flushaway brand of flushable sanitary napkins and panty liners sold in Wal-Mart stores and other retailers worldwide through contract manufacturers in Asia. It lost about $900,000 in the last six months of 2005 on about $138,000 in sales, but it also recently closed a private financing deal worth more than $3 million.
Pricie Hanna, vice president of industry consulting firm John R. Starr Inc. in Westchester, Pa., said she'd be very surprised if major manufacturers didn't already have a flushable diaper technology ready to go in the event that government regulation or the rise of an aggressive competitor made it necessary. However, she said diaper consumers tend to be both price and performance-sensitive, and the fact that no major manufacturers have introduced such a product yet likely means that even with their comparatively vast resources, they haven't come up with a way to make flushable diapers as good and as cheap as regular disposables.
Hanna said any company that can get over that hurdle may well find the world beating a path to its door.
"The only problem they'd likely have in that case is being able to make enough of them," Hanna said.
So for fun and a good laugh, I decide to google (pyct nothing will happen paychest) and here top of the search is....
lemon Tuesday, 03/24/09 11:39:02 AM
Re: h24ever post# 44393
Post # of 114896
Nothing much will happen with volume until Paychest/Flushaway let's loose with what's it's really doing. Wouldn't it be something if they gave us some verifiable facts for a change?
Getting tired of Poops past exploits with CES. lol Kind of like a broken record needing to be thrown away.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36516482
unbelievable that some wait 6years for something to verify as true.
In real life most would consider this type of people clowns after 1/2 year of type nonsense.
simply amazing how pyct is able to continue getting buying volume of 4B a year average for 7 years.
I guess great promo jobs and great pumpers on 3 different BB's helped.
Just 1 pumping BB remains and they always claiming to be buying 0001 paper...lol real clowns?
shorters? or selling fake paper?
Cant have neither without a pumper getting new pigeons to buy!!!
pyct and pyct IR are doing just fine attracting new pigeons.
They have averaged 4B shares traded on average for the last 7years,this is very good volume and remain under the radar while they dump paper...lol or sell paper short or even funnier sell fake paper.
The had 3-4 BB's over the years pumping\hyping along with 2 IR's to help with the buy the paper before too late angle.
IMO they have had many plants on the BB's for years pumping this old story too new unsuspecting buyers.
today there is one BB left pumping...lol and speaking of financing...here is what one pumper was pumping about financing 5years ago...lol toooo funny and he still pumping today.
Must be working for the shorters or sellers of fakes or seller of 0001...he cant be this ignorant for 7years
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51996429
PayChest IR Tom Hands has said that he has REPEATEDLY been getting calls from "People that represent a private investor" offering financing in exchange for free trading shares. Tom said they are getting very nasty and yelling and swearing when Tom says "The Company is not interested. And then they yell and hang up.
SHORTS ARE GONNA FRY
Jerry I not the reason you feeling had here.
I not the reason pyct is making you look like a fool.
I have told you every step of the way to be careful, every time you danced in the street I warned you.
Many thank me daily for them not getting trapped in this POS.
I dissected and punched big holes in almost every PR pyct released...
and many others including TRUM.
Maybe one has too look in the mirror for acceptance and move on or lol call IR for another feel good chat.
lemon I surprised at you with this "again according to their official press release"
lol...since when has an official PR meant anything.
only the pigeons and new pigeons would get excited and buy and buy more.
Still happening today over at Stockfolk...lol they always buying.
They have released over 50 in 7years and again the famous word SQUAT is true.
and again these clowns have been writing PR's for a longtime...
they know what to say too get pigeons.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29186699
Jerry don't worry lol everthing is still going as planned and georgegreen will soon address everyone on this on the sister BB....
Yes Georgergreen will be making a special guest appearance to discuss all this and more.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52201036
Andy Badger, dcjr are still buying,hyping pumping and posting about cheap 0001 paper
Speaking of pigeon jobs...CES like pyct stated much and did squat.
That continued when they moved stateside ...lol for 7 years they,PYCT and IR have continued stating a lot of juicy stuff and delivering squat.
John Banks and Tom Hands(IR) were bolt involved with CES...lol
Can you say clownjob?
As you could see they had to clarify some exaggerated BS...many seem to think that pyct should also clarify and update certain statements reported on the Company's web site and in various news releases
lets have a vote on who agrees pyct should clarify and update certain statements!!!
Everyone should call IR and demand it...lol
At the request of the TSX Venture Exchange (the "Exchange"), Consolidated Ecoprogress Technology Inc. (the "Company") wishes to clarify and update certain statements reported on the Company's web site and in various news releases
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29186699
The same way they made this video that been around since 2004.
The video is just that a video.
Do they have patents or just pigeon job story.
Meanwhile the tech has been collecting dust for 10years...lol
lol....email that video to all the major players in the business like the Big 3...
http://www.flushaway.com/technology.html
Sorry lemon but more of the same clownjob by the same clowns will continue.
I know this game and how the promoters work,I been giving you play by play of the game for 7years.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52405256
One day you will acknowledge this...lol
meanwhile keep waiting for a sign...lol
also amazing how some could still be listening/putting up with pyct ir nonsense after 7 years of nothing.
7 years you call IR(Tom Hands), wait months then read countless company PR's that lead to pigeonjobs and still listen to what he has to say daily about pyct.
just imagine a real life neighbour or fellow employee leading you on for 7 years with a story ...one would surely stop talking to this person and also think he crazy/insane and needing meds for singing same song for 7years stateside(USA) and 4years Canada side....lol ohhh this is real life situation with real money
one has to wonder who the fool is!!! the IR callers or IR
reread the first pigeonation letter it will make you feel better but this time don't buy any more 0001 paper unless it the 000009's available 7 years later!!!
Properly funded, Flushaway™ can establish
reliable, cost-efficient manufacturing and
wholelale facilities, and launch a national scale
ad/promo campaign.
For investors who now hold PYCT, this looks
like siginifcant step forward for the company.
For those who don’t yet hold the stock, there’s
still time to get on board. But don’t wait too
long. As the company begins to capitalize on
the market opportunity at hand and moves the
brand forward, and the Flushaway™ story gets
out, PYCT share prices will likely start to tick
up. .
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42243317
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42243280
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42243224
that's right Tom Hands is a stock promoter and pyct IR is a paid tout!
Most of whats left pump/hyping this story on the only 2BB are shareholders that called IR and got brainwashed with this oldold story many are invested way over their heads... 100Million club
most are brainwashed and fell in love with Tom Hands voice...lol
One day he will disappears like pyct's IR guy before him.
I hope they all kept a copy of all IR emails TommyBoy sent them over the years.
Maybe they should be posted here for a good read...lol
_______________________________________________________________
Tobie called all 6500 shareholders on file to sell this life changing story.
Her job was advertised as sales person all she sold was 0001 paper and dream just like pyct IR.
She said do not lose faith. I have been an investor in penny stocks for 15 years and this is first stock that had Investor Relations contact me personally. I could hear the excitement in her voice and everything she told me was extremely positive and forward looking, so after today I will be buying more and will give my group the green light to do the same if they so desire. IMO...Paychest is not only the real deal but it is going to be a life changer
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58880372
Tom Hands a paid tout? stock promoter?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74096971
"Spoke with Tom for about 30 minutes; for those share holders with the ability to read between the lines...all I need to say is, Paychest is... "Playing the MM's like a Stradivarius Violin""
First, the company does not talk with the market makers. Secondly, You bought the shares at .0001 long before our group came along. Almost any other group would have rolled the stock back and you would have been left with virtually nothing. Not with our group. You have a second chance. Jeff, I don't know what you are hoping to gain by your e-mails. They are unproductive and time consuming for both of us. It won't make the process go any faster or slower. News releases will come out when they are available, pure and simple.
Tom Hands
PayChest IR
Almost any other group would have rolled the stock back and you would have been left with virtually nothing. Not with our group. You have a second chance. Jeff, I don't know what you are hoping to gain by your e-mails.
Tom Hands
PayChest IR
lol......Almost any other group would have rolled the stock back and you would have been left with virtually nothing
IR is a paid tout!
Tobie called all 6500 shareholders on file to sell this life changing story.
Her job was advertised as sales person all she sold was 0001 paper and dream just like pyct IR.
She said do not lose faith. I have been an investor in penny stocks for 15 years and this is first stock that had Investor Relations contact me personally. I could hear the excitement in her voice and everything she told me was extremely positive and forward looking, so after today I will be buying more and will give my group the green light to do the same if they so desire. IMO...Paychest is not only the real deal but it is going to be a life changer
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58880372
Tom Hands a paid tout? stock promoter?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74096971
"Spoke with Tom for about 30 minutes; for those share holders with the ability to read between the lines...all I need to say is, Paychest is... "Playing the MM's like a Stradivarius Violin""
First, the company does not talk with the market makers. Secondly, You bought the shares at .0001 long before our group came along. Almost any other group would have rolled the stock back and you would have been left with virtually nothing. Not with our group. You have a second chance. Jeff, I don't know what you are hoping to gain by your e-mails. They are unproductive and time consuming for both of us. It won't make the process go any faster or slower. News releases will come out when they are available, pure and simple.
Tom Hands
PayChest IR
Almost any other group would have rolled the stock back and you would have been left with virtually nothing. Not with our group. You have a second chance. Jeff, I don't know what you are hoping to gain by your e-mails.
Tom Hands
PayChest IR
lol......Almost any other group would have rolled the stock back and you would have been left with virtually nothing
2. Paying touts...
From Nov 2011-Apr 2012 company did pay "touts thousands??" to get the 'word out' about the company.
Adanac...You for getting the 5K letter of 2008 and pinnacle and a few others in between including 30K spent on hotstock profile.
https://www.google.ca/search?sourceid=navclient&aq=&oq=pyct+hotstock+stock+profiler&hl=en-GB&ie=UTF-8&rlz=1T4ACAW_enCA344CA344&q=pyct+hotstock+stock+profiler&gs_l=hp....0.0.1.7479977...........0.8mSjNeT_xI0
Tom Hands now could be considered a paid tout...7years with pyct and 4years with CES...lol a real pro at selling a dream paper.
Financing, that could have got us started years ago
lol...how about Financing, that could have got us started 10years ago....tooo funny
pyct like CES pumped claimed a 50B$$ a year market thingy
yet it collects dust for 10years...
They pyct like CES would NOT be having financial problems,problems getting money for this story if it were true.... 7years of pyct/IR nonsense proves this.
any news on patents?...lol where are the patents they once pump/hyped claimed they had or were to use or paid 5M too use...lol
7years Clownjob merrygoround... yes and for adanac 10-11 years?
The blitz postings,the repetitive postings are very important here.
The posters are hoping to get new pigeons many here are already loaded from 2-3-4 years ago.
They are still working hard on the 2-3 BB's pumping hypying this story too the new buyers.
After 7 years one would figure all 0001 would be gone.
If this story was true the 0001 would of been scooped up in 2008-9 yet there is still a ton available every time pyct state something...lol and in 7 years they have said plenty juicy stuff through 50+ PR and 1M IR phonecalls...
lol...have you kept all ur secret emails from IR?
Keep them you might need them for that classaction suit...lol
either way it someone clowning with the paper.
Been that way for 7years
No matter what the company announces someone selling paper at 0001
or shorting or selling fake paper either way you got a clownjob happening.
Also I see the blitz posting is back
It seems like the need buyers
someone people must have a whack of paper to dump or short or sell fake
either way a clownjob taking place...lol again and again
http://investorshub.advfn.com/boards/profile.aspx?user=74335&page=21
The shorts need volume so the could continue shorting into the buying volume.
I been saying it for years that the shortest or fake paper sellers just love when IR and the 3bb hype pump people to buy the 0001 paper....can short or sell fake paper without a buyer\pigeon
7 years these clowns been talking about this 50B$ a year thingy they have and how the Big3 better watchout they going after that 5% market share...well that's just tooo funny since CES was saying same thing since 1999.
The only thing they have in common is both CES and pyct have sold is flushaway pigeon paper for this circus merry-go-round ride.
Story was great in Canada and even greater in USA...sold pigeon paper on both side of the border.
Funny how in 7 years there is still 0001 paper available, by now if story was really true the 0001 should of been gone year one 2008 or 2009 or maybe even 2010.
fastforfard to 2015 with financing and 1.2M purchase order in place along with Xinpro the 0001 should of been gone...yet still there still no interest still no buyers....tooo funny how this pigeon job keeps moving along...tooo funny
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72949496
Not a coincidence at all it been happening for years.
Some people clearly clowning around with the paper making it seem like there is volume and interest.
They trying all angles in the hopes to get others to bite on the 0001 like hypsters pumpers on 3bb and good old pycy IR...10years and still going strong with this story
Simply amazing how gullible some could be!!
7 years since 2008 pyct has stated product soon and 7 years some still waiting.
The same 7years some claim that shorts are shorting and or selling fake paper...lol 10Billion fake paper or 10B short
either one with no proof but for 7years many believe that the short,fakeselling and production is happening....
What I like too know is what happened to name change, 1.2M order ,Xinpro ,that patent application announced 3years ago and the famous divvy announced for fist time in 2008.
Maybe someone should call pyct IR!!!!...lol
Maybe this is a Pigeon Job and not a pyct clownJob.
clowns started this short story as another reason too load up.
The same clowns could be the shorters themselves for a shorter needs a buyer to be able to short.
So add the Mother of all short squeezes (MOAS) to the long list of reasons the clowns have hyped/pumped/blitz posted to load up for 7years
lol...everyone has load up but you and I...very good Banana
https://www.google.ca/search?sourceid=navclient&aq=&oq=pyct+moas+in+history&hl=en-GB&ie=UTF-8&rlz=1T4ACAW_enCA344CA344&q=pyct+moas+in+history&gs_l=hp....0.0.0.8416...........0.bro8yADaicE#hl=en-CA&q=pyct+short+squeeze+history
WRONG!!
the shorts are still shorting for easy money, been that way for 7+years.
lol...been that way even when pyct was the next must dream story paypal story of 2006/07.
I'm proposing the ..0001 standing bid is now being put up for market makers so they can begin covering shorts, and will have to follow the bid up until they are covered. Am I right or wrong?
you see before Tom Hands was hired to gather new pigeons there was Winchester and Young...they were the dream story tellers before Tom Hands.
http://www.marketwired.com/press-release/paychest-announces-new-management-and-allied-marketing-partner-748090.htm
Sure is, funny how they are so worried about all of us..
Its too late for most of you guys especially the ones that sunk 10K into this 7+ year old story.
Hopefully you aren't that deep into also....lol
I get plenty thank-you from many who invested little or none from reading and following my postings.
Many have called IR with questions and IR looks/sounds stupid when faced with tough logical question
Many have no idea this is/was a story from 1999...
lol...so nobody is worried about the IR brainwashed ones
This stock must have some very worried..... gl
lol...of course it does!! the shorts are very worried and have been for 7 years now.
Very very worried and still shorting this pig seven years straight.
and according to some clowns and I sure you very aware expect a MOAS
and expect 005 within hours and .10+++++++ within days
and have some very worried and some you? dancing in the streets
https://www.google.ca/search?sourceid=navclient&aq=&oq=pyct+moas&hl=en-GB&ie=UTF-8&rlz=1T4ACAW_enCA344CA344&q=pyct+moas&gs_l=hp....0.0.0.4187...........0.ACt_ZgFoLh4
Jerry you out did yourself buying 100M shares when Approximately 5000 shareholders hold 1 million shares or less.
17 years and round and round they going with this paper selling story....
AND.....Did you know??
Women will not stop using pads and liners even in times of a recession.
And some clowns think they will retire before even one diaper is sold...lol
Some of the funding instruments include letters of credit, accounts receivable financing, purchase order financing and a currency hedge program as most costs and sales are in US dollars. These financial instruments have taken much longer than anticipated to complete and will be finalized shortly as the company heads toward initial production. Moving forward, private placements may be considered as the share price improves but not at the current price levels. During the 4th quarter of 2008, much of the groundwork was laid for these financial instruments as PayChest and Consolidated Ecoprogress have worked jointly towards this end. The $5,000,000 note payable to Consolidated Ecoprogress is classified as long term payable, to be paid over a 4 year period. It is anticipated that the repayment will be out of cash flow in the 4 year period and from the sales of sub-licences for territories. No payments have been made to date as payments will begin in the latter half of 2009 and will scale upward in 2010 and 2011.
PayChest Inc. was chosen as the investment vehicle by the investment group for several reasons. First, the investment group inherits a large and very loyal shareholder base. The company has over 6500 shareholders and growing. Approximately 5000 shareholders hold 1 million shares or less. Studies have shown it can cost anywhere from $300 to $500 and more using market awareness programs to acquire a shareholder. This costly shareholder infrastructure was already in place. Secondly, the shares of the company trade publicly and are at historic lows.
This allows for substantial upside in the company's share price in the future. The shares presently trade in the US micro-cap market (Pink Sheets) that is traditionally known for large trading volumes. The liquidity in the micro-cap market makes it much easier to obtain financing from investor groups going forward. In addition, there are substantial tax losses that can be carried forward sheltering future income and thus creating a tax savings. Lastly, the company had essentially a clean balance sheet that consisted of a small liability under $60,000 for previous work completed for the company.
By way of the new control group, PayChest Inc. acquired the contracts to exclusively manufacture "Flushaway," the world's first commercially patented and patent pending brand of flushable women's hygiene products consisting of flushable pads and liners. The "Flushaway" brand of pads and liners are specifically designed to compete directly with Procter & Gamble, Johnson and Johnson and Kimberly-Clark, the three largest companies selling in this marketplace. None of these companies have a flushable alternative at this time. PayChest Inc. has also acquired the exclusive rights to sell the "Flushaway" products in areas not already under contract by Consolidated Ecoprogress Technology Inc. of Vancouver, Canada. Consolidated Ecoprogress Technology Inc. had spent approximately 10 years developing, researching, testing and marketing the "Flushaway" concept. Research has consistently shown that many consumers will switch to a flushable alternative if the price point is similar to their present brands.
"Flushaway" falls under the FMCG (fast moving consumer goods) category of products. Products such as "Flushaway" are essential to everyday modern life. Products such as "Flushaway" are not discretionary and are less affected by market downturns.
Women will not stop using pads and liners even in times of a recession.
Previous versions of the "Flushaway" pads and liners have been sold in K-Mart, Wal-Mart, Walgreens, in the US; Boots, Sainsbury and Waitrose in the UK, and numerous other retailers worldwide. Sales were limited for several reasons. Due to large capital expenditures necessary to advance the core business model, advertising was generally limited to the local level. A small feature was included in Cosmopolitan Magazine in South Africa. A couple of key issues needed addressing for the company's long term sales success. First, the "Flushaway" products had a much higher price point than competing non flushable products. Secondly, production costs were too high for the long term viability of the "Flushaway" product.
Production of the "Flushaway" product first originated in the UK. Production subsequently shifted to Canada and lastly to China. In each successive move, product quality improved and production costs fell. Yet, production costs needed to fall further to create healthy margins necessary for the long term success of the product. In March 2007, Consolidated Ecoprogress made a decision to stop production and make the necessary changes before the supply chain for the product grew too large. During 2008, both PayChest and Consolidated Ecoprogress jointly addressed those key components.
The strategy for funding the "Flushaway" business model has been relatively unaffected by the recent world economic slowdown. The company has continued to be funded solely by private sources. The funds advanced to date have paid for such items as legal, accounting, corporate compliance, investor relations, research and product testing among others. It is anticipated that this type of funding will remain in place as alternate sources of financing are being finalized. Repayment of these advances would be by way of proceeds of future private placements, sales revenue, licensing of sub territories, the future issuance of shares, or senior long term debt financing. Some of the funding instruments include letters of credit, accounts receivable financing, purchase order financing and a currency hedge program as most costs and sales are in US dollars. These financial instruments have taken much longer than anticipated to complete and will be finalized shortly as the company heads toward initial production. Moving forward, private placements may be considered as the share price improves but not at the current price levels. During the 4th quarter of 2008, much of the groundwork was laid for these financial instruments as PayChest and Consolidated Ecoprogress have worked jointly towards this end. The $5,000,000 note payable to Consolidated Ecoprogress is classified as long term payable, to be paid over a 4 year period. It is anticipated that the repayment will be out of cash flow in the 4 year period and from the sales of sub-licences for territories. No payments have been made to date as payments will begin in the latter half of 2009 and will scale upward in 2010 and 2011.
During 2008, many shareholders have contacted the company since the "Flushaway" contracts were acquired. The Company addressed the shareholders' most pressing concern to inform them there were no plans to execute a reverse split in the foreseeable future, as per previous public news releases. As of February 4, 2009, the Company currently has in excess of 6500 shareholders with 19.85 billion shares outstanding and 25 billion shares authorized. It is possible that the company may issue shares in 2009 to further the business plan but not at these price levels. The company also has no intention in the foreseeable future of raising the authorized capital above the current level of 25 billion shares. The company has been contemplating a buyback at the current historic lows but no decision has been made at this time. Given the extremely competitive marketplace for women's hygiene products and our company's leading edge technology, the company may not issue as much news as expected by some shareholders. While it may be unacceptable to some, the company wishes to protect its competitive advantages and intellectual property and thereby protect shareholders' interest.
While the money transfer business remains under the same corporate umbrella the focus of the company moving forward will be the new "Flushaway" brand of products. Both business units will require capital moving forward to complete their business models. A strain on capital would be too great and dilutive for one company to bear. Separating these business units by way of a stock dividend aims to serve several purposes. First, shareholders of PayChest Inc. will receive shares in a new publicly traded company while continuing to hold onto their PayChest Inc. shares. That gives shareholders significant upside in two public entities. Each company will have separate management and a separate stock symbol. The new public entity can raise its own capital to further that business model without diluting or affecting the present PayChest Inc. shareholders. Those assets presently sit in a subsidiary, PayChest (Oregon). Due to changes in securities law, the company has had to change the way the dividend was to be spun out as a free trading dividend. The dividend process has taken far longer than anticipated and steps are being made to expedite the process. This remains a priority for the Company. The new control group is awaiting some final documentation necessary to complete the dividend process. As part of the dividend process, there will be a name change and symbol change. A new company name has already been secured and will be available when the dividend process is complete. This is being done to better reflect the new direction of the company.
As previously stated in a news release, the company has outlined a new president ready to step in upon the conclusion of the dividend process. After completion, the only corporate website will be www.flushaway.com. Enhancements will be made to the www.flushaway.com website in anticipation of production. The company will continue to employ the same legal, accounting, transfer agent services and other corporate infrastructure services to aid in a smooth transition of control. Lawson Pillay will step aside from "Flushaway" at that time.
Investors are encouraged to call toll-free or e-mail the company to be included on the company's e-mail list so that they receive copies of public news releases promptly. The company is expecting to provide a series of news releases in the coming weeks outlining new developments. News releases will continue to be made available by Marketwire and can be found on various sites including Yahoo! Finance and Google Finance.
About PayChest (Arizona)
No||||h24ever'So your saying our product is being sold,, Great !!!!
No!!!! h24ever' don't get too excited you need to read
again
The technology has been collecting dust for close to 10 years.
Last batch was manufactured in 2006.
The 50B$ market thingy if true would not be collecting dust...logically a major would of scooped it up 8years ago from CES not land in pennyland selling a paper dream.
great story the flushaway story read how excited the pyct clowns have some over at stockfolk...lol
The Washington wastewater authority has plenty of company in considering wipes a costly nuisance. Some utilities are striking back. Last month, the city of Wyoming, Minn., filed a federal class-action lawsuit against six makers of pre-moistened flushable wipes for alleged harm to their infrastructure.
http://cen.acs.org/articles/93/i19/Wet-Wipes-Clog-Sewer-Systems.html
In the time it take to supposedly break down, it could already be contributing to problems at sewage treatment plants. Many flushes are already hitting the plants within 1/2 hour, and have not broken down enough in that time to avoid clogging the systems and causing major problems with pumping systems. The FTC already went after one manufacturer.
https://www.ftc.gov/news-events/press-releases/2015/05/wet-wipe-manufacturer-agrees-substantiate-flushability
yup!! They have a good concept...lol yah too sell paper.
But the only question is are they capable of delivering this product?
funny you ask!! 7years of nonsense says no.
Call pyct and ask about the xinpro deal...announce 3years ago xinpro the company that was too produce the product...
Xinpro another clownjob story?
trust me if CES had the 50B$ a year technology..it would not be collecting dust for 10years...and the tech would not of been sold to pyct for $5M invisible dollars in 2008.
lol...but it did and still does sell paper ...Its a great story This Flushaways story...tooo funny
http://www.bizjournals.com/triad/stories/2006/06/12/story2.html?page=all
Pricie Hanna, vice president of industry consulting firm John R. Starr Inc. in Westchester, Pa., said she'd be very surprised if major manufacturers didn't already have a flushable diaper technology ready to go in the event that government regulation or the rise of an aggressive competitor made it necessary. However, she said diaper consumers tend to be both price and performance-sensitive, and the fact that no major manufacturers have introduced such a product yet likely means that even with their comparatively vast resources, they haven't come up with a way to make flushable diapers as good and as cheap as regular disposables.
Hanna said any company that can get over that hurdle may well find the world beating a path to its door.
"The only problem they'd likely have in that case is being able to make enough of them," Hanna said.
Careful clowns at work!!!
The acquisition of Xinpro, when completed, adds a new line of business to PayChest allowing it to manufacture and sell biodegradable films; a growing field. It would also diversify the Company's revenues and risk, and sets the stage for the rollout of other product lines. In addition to the large sanitary products market, the acquisition would create the opportunity to move into the medical and bio-plastics fields.
As announced on March 2, 2011, the Manufacturing Agreement with Xinpro Manufacturing became effective upon the set up of a production facility and delivery of the first machine tailored exclusively for the manufacture of Flushaway® products. Production of polyvinyl alcohol film is a key component in Mibella® and Flushaway® products that can be used in other applications.
The acquisition of Xinpro allows PayChest to capture more of the profits associated with the Mibella® and Flushaway® product sales thereby increasing Company profitability.
The opportunity to acquire Xinpro has been made possible following the recent, first purchase order of $1.2 million for Mibella® that triggers an option to acquire Xinpro. Other purchase orders are being negotiated.
lemon many shareholders are already dancing in the streets they already got some money last week.....lol
they just not buying the paper or the story.
Same happened in Canada investors got wise after 5-6 of clownjobs by the clowns.
anyways the redflag is this below...This was what xinpro was doing "supply of materials, custom machinery"...lol now pyct need money to do what they claim xinpro was too do...lol carefull with the round and round...lol
With this Agreement in place the Company anticipates it will fund the supply of materials, custom machinery,
The objective of this financing is to achieve product commercialization.
PayChest expects to receive the first significant tranche of this phased financing within 2 weeks. This follows receipt of smaller amounts late last week.
The objective of this financing is to achieve product commercialization.
Several important aspects make this financing good for the Company:
a) It is non-dilutive meaning it does not involve the issuance of shares
c) Profit share is ring-fenced around the sanitary products business, both current and future sanitary products. Any other business PayChest enters would not be subject to profit share under this agreement.
With this Agreement in place the Company anticipates it will fund the supply of materials, custom machinery, marketing and, initially, receivables from sales.
An announcement will be made shortly when commercial production begins. For those not currently on our e-mail list and wishing to receive future news releases it is strongly recommended they call or e-mail the Company to be added.
Hey Jerry welcome to the circus.
The pyct clowns have been stating, promising and IR/pring plenty in the last 7years just going round and round with this 10+year old story.
If Trum and Poop rant and rave for people to do better DD and not just listen to the rant and ravers who rant/pump/hypejob one should just buy....
I guess you have no problem with pumpers?
May explain the problem you have with people who want others to do DD...
anyways you find any patents that pyct will be using?
What happened to xinpro?
What happened too the 1.2M$ order?
Best call IR for answers...lol
This is where the Canadians could be found...lol
pretty much discussing what many here and on other BB's are discussing/hyping/pumping today lol...almost 20yearss later
http://www.siliconinvestor.com/subject.aspx?subjectid=24257
https://www.google.ca/search?sourceid=navclient&hl=en-GB&ie=UTF-8&rlz=1T4ACAW_enCA344CA344&q=ecoprogress+silicon+1999
No Trum is not Canadian.
But speaking of Canadians there was many that got taken to the cleaners by same story and same tag team.
Tom Hands was IR promo guy for CES in Canada on TSX...CES went bellyup BK over 5years ago.
Story ran it course in Canada then in 2008 came stateside for new pigeons...and round and round they went with the story...real pros
CES had patents 10years ago...does pyct?...lol
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29186699
http://www.docstoc.com/docs/3539116/ecoprogress
So what happened to xinpro?
the latest news say...
With this Agreement in place the Company anticipates it will fund the supply of materials, custom machinery, marketing and, initially, receivables from sales
xinpro was to take care of all of that supply of materials, custom machinery for production start/product commercialization blahblah!!
What happened?? did xinpro just disappear or never was there just like many posted?
Too funny!!!
also funny no mention of $1.2 million Purchase Order and how that money will produce the order instead the money is for The objective of this financing is to achieve product commercialization....lol
another clownjob and again announce
An announcement will be made shortly when commercial production begins....lol
round and round you go...lol
HONG KONG--(Marketwire - May 2, 2012) - PayChest, Inc. (PINKSHEETS: PYCT)
PayChest Inc. (the "Company") is pleased to announce that, following the recently received $1.2 million Purchase Order, the Company has signed a Letter of Intent with Xinpro Manufacturing to acquire their business, as allowed under the terms of the Manufacturing Agreement.
The acquisition of Xinpro, when completed, adds a new line of business to PayChest allowing it to manufacture and sell biodegradable films; a growing field. It would also diversify the Company's revenues and risk, and sets the stage for the rollout of other product lines. In addition to the large sanitary products market, the acquisition would create the opportunity to move into the medical and bio-plastics fields.
As announced on March 2, 2011, the Manufacturing Agreement with Xinpro Manufacturing became effective upon the set up of a production facility and delivery of the first machine tailored exclusively for the manufacture of Flushaway® products. Production of polyvinyl alcohol film is a key component in Mibella® and Flushaway® products that can be used in other applications.
The acquisition of Xinpro allows PayChest to capture more of the profits associated with the Mibella® and Flushaway® product sales thereby increasing Company profitability.
The opportunity to acquire Xinpro has been made possible following the recent, first purchase order of $1.2 million for Mibella® that triggers an option to acquire Xinpro. Other purchase orders are being negotiated.
Jerry once again the much awaited news hits and no volume no interest again...Just like I told you.
It seems like the shorters or fake paper sellers or both know that whatever pyct states its all BS...been that way 7years now.
also Jerry make sure that pyct deposits this loan money in its bank account,make sure investors are able to read / see it in the Finns...so far the Finns have been pretty much cut and paste for 7years...no money in no money out all a bigbig mystery...lol
again if this was a real deal major players would be lined up around the block to lend money too pyct too be involved in this 50B$$$ a year story...lol yes story since 1999 great story that sells dream paper
I know you got ur share of paper