"Could of said, not to expect anything from Paychest "


I wasn't referring to just Paychest- I was referring to just what I said- stinky pinks.

The Mod Squad and Admins are the ones who delete 90% of the posts here, not me. By all means take up your concerns with them.

And as I've already told you- the poster you're referring to was not jailed because of repetitive posts. If the negative posters pull the same stuff that he did then I'm sure they'll be banned as well.

Have a good evening.

Good to know, however I cannot simply delete negative posts because they outnumber the positive ones.

And for the record- I do not believe that PYCT will be halted tomorrow and while I do believe that Lawson Pillay is indeed Lawson Pillay, I do believe that if what he's claimed on his resume is true, then he's probably worked with an alias in the past- or at least a derivation of his name. That's what a lack of due diligence can tell you.

"i would think the mod would be fair"


What would you suggest I do? Make up positive stuff? I'm not a liar, I'm a realist.

Realists make better mods that liars IMO. Do you disagree?

"Your correct DD does not show massive shorts although through my research I was able to find out where they are based out of and so on and so forth"


If your DD showed you where the supposed shorts were based, then your DD would indeed show that there are massive shorts. You cannot have one without the other.

So in admitting that your DD does not show massive shorts, you cannot have DD showing where the massive shorters are from.

Sorry about your frustration though, hopefully it will be a good lesson not to actually expect anything from a stinky pinky.

" why spend the money to cover"


When a short position is held, the capital is tied up until the position is covered. Also, with a price increase from .0001 to .0005, that could actually result in a margin call as well which would cause such a position to be closed automatically at a massive loss.

So, no, it makes no sense to wait for a stock to go higher to cover.

I can't chose which "side" I favor when posting facts.

"can't understand why they need to pump outrageous theories"


Seems to me it's because they really don't believe in the company.

Anyone who did would simply post their positive due diligence and post about why they believe in the company and the product.

Conspiracy theories or for the scams.

".0005 isn't a run nor is it enough to force the shorts to cover"

Of course, instead of covering at .0001 the supposedly shorts want to wait for .0006 or more to cover. That makes perfect sense.

Because that's what shorts do- wait for high prices to cover... LOL

DD does not show massive shorts in the first place let alone where they are based.

Anyone who owns millions of shares should have expected lots of LOLs here. I did- and haven't been disappointed.

No doubt he expects that people will actually read the entire post which concludes with the letters "LOL" and understand what that means.

Remember that according to the conspiracy theorists the moles have discovered great things in China so the shorting has stopped.


Covering should have commenced by now. Oops.

"my team of expert stock annalists"


"Annalists"??? Are those anything like 'analysts'?

Good lord...

PS- Welcome back.

As long as they have a TA I think they'll be fine. They're going to make this a show for a while longer IMO.

"Yep, it has been a bit dull lately."

It's been fine. There hasn't been a deleted post in almost a week. Look forward to keeping it that way.

"Next step delisted?"


PYCT isn't listed now.

GBP/AUD- could be a nice bottom here. To say it's oversold would be an understatement IMO. Long @ 1.6613. Who knows though.

The company has said Flushaway talked with one of the Big 3 some time ago.

It appears as if there was no interest. With Flushaway still changing their product even as they're claiming that it's getting ready to hit the market, it's no wonder.

Should be a pleasant board here now guys, let's try and keep it peaceful and about the company.

For starters: buyout rumors that "you've heard that P&G has been watching Flushaway". Then there's the 40B naked short position that's supposedly going to be forced to cover.

If anyone would post legitimate reasons for believing such things then I'd take the imaginary designation away, but that won't happen.

Seeya in a month or so.

The buyout rumor came from Dcjr's friend andrea73

She's been booted but perhaps dcjr can followup with her and see how that's going..

"Do you think they want to leave a pad with blood on it or a liner with vaginal fluid on it for people to see"


Where exactly do you think women leave them?! lol

It must be some kind of epidemic in some places I guess. Bloody pads being strewn about in public places because women can't flush them... terrible, simply terrible.

"It's almost as if they have to convince themselfs by repeating it over and over, 24/7. Gets a little old, don't you think"

Agreed 100%. It's just as old as the wild predictions of huge gains predicted for imaginary reasons.

Perhaps someone can it explain it better than I? ... Paychest web site was bought by those Hong Kong folks because records showed Paychest had many, many shareholders. CES contacted Pillay, the CEO of this web site


For starters, the website doesn't have a CEO or shareholders-the company does. PYCT is the company that is supposedly trying to get contracts etc.therefore they would be looked at as any retailer would want to know who they're doing business with.

The track record of that company and its product are important so that they can be assured that agreements will be fulfilled etc. The company needs to prove that they're worthy of doing business with.

Perhaps they will.

"With scam being the only possible adjective left to describe their misery, us real shareholders are forced to endure and share their discontent"


Hmmm... so those feeling that it's a scam are not "real shareholders"? Do their opinions become invalid simply because they differ with yours?

Follow the conversation. The topic was regarding mass retailers completing due diligence on the company.

Agreed. Sadly enough if/when the product hits, the board will probably still be flooded with the ridiculous hype instead of being a place to dicuss the actually company.

But that's the norm so que sira, sira.

Granted even a crap company can have a viable product, but the company would still be at the center of scrutiny given that it is the entity that is trying to sell the product.

There might be a great investment opportunity out there but if it's offered by Bernie Madoff maybe people just might think twice about it. The principals of a company are just as important as their product IMO.

As far as someone DDing the manufacturer... did CES ever name them? From what I recall from the FAQ it's the same company that will be doing the manufacturing. If that info is made avaiable to them it should be made available to shareholders and vice versa

Time will tell.

Naw, there won't be many, the ridulculous hype rarely works anymore.

It obvious that it doesn't stop them from trying though.

Yup. When asked about the naked short position stuff and other unfounded claims he recognizes it as stuff from message boards and politely reminds people not to believe such crap.

That's one thing he does correctly.

"The hype is on these boards. Paychest/Flushaway is not promoting the kind of hype that some posters here are."


Correct, perhaps because the company actually believe in the product and see no need for the hype.

The only reason for the pumps about short squeezes, massive short covering and 40,000% increases is because people fear that without such hype there will be no interest.

"The only PR's that really matter are the ones issued over the last 6 month"


That might be true if the promised CEO had been named but one must assume that Pillay is still CEO.

Given that, all info from the company should be considered when trying to complete due diligence here IMO. Everyone's free to ignore what they want though.

Another poster claimed that Hands took several other companies to great heights as IR- even gave specific numbers.

I guess spreading false or unfounded info is ok as long as it's positive.

If a publicly owned company operates properly then there is no reason for suspension or delisting.

Not saying that will happen here but again, history has a tendency to repeat. I don't doubt that the company will have a product to market, I just don't believe it's going to be the great success some claim.

Many others appear not too as well given the need for the other forms of hype.

Hands supposedly has been doing this for 12 years+, if that's the impression he leaves that's unfortunate.

"If Paychest is in fact a scam, it stands to reason that over the last 7 years, someone from the SEC should/would have ordered this company to close down. To stop all trading, etc., "


With the Flushaway history perhaps that's a possibility. Look no further than CES- the Canadian Flushaway venture- they are indeed suspended and have been that way for a number of years.

Unfortunately they seem to have a nice little product if they could get it going. Hard to tell the motive though. With CES already in the picture all they had to do was get things together, get relisted and run with it.

Instead they go the "get involved with a diluted pinksheet, publish a bunch of promising PRs and fail to follow through" route which is too typical of these companies.

Typical, yet not supposed to be discussed.

Anyone truly believing in this company and its ability to rise 10,000% would do nothing but that.

There would be no need for the misleading statements trying to make the company sound like a great investment.

If it sounds like a good investment based on the facts then maybe it is. If it needs people to make up a bunch of nonsense in order to boost interest then it obviously isn't.

Better yet- why does anyone write a post that points out the uselessness of posting?

"How many times did Abe Lincoln run for congress before he suceeded?"


I don't believe any actually. If you can provide the year that he was a candidate in the election and lost I may even make it a sticky.