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I do know that there's no reason to assume that this lawyer works with PYCT simply because they rent the same office space.
With the theory that PYCT has a relationship with that attorney simply because they share the office space, should we assume that that attorney also has a relationship with every other business sharing that office- or that he runs out and rents an office space with the same address with all of his clients? Sounds pretty silly.
Again, feel free to explain how that makes any sense if you care to.
I didn't say you were one who was making stuff up, I was just referring to your comment about making stuff up.
Perhaps you don't understand how these offices work. They probably have no clue who else rents the office, nor do they care.
Not to mention, the attorney in question was formerly employed as an SEC attorney many years ago. There's no indication that being in the same office is going to get them busted.
If there was a connection then I guess PYCT would be fulfilling their stated intentions from years past such as the CEO and divy.
"If we just have to make stuff up"
You don't. No one does. Sadly, many disagree.
Yup, they sure do for the most part, which is why it's silly to claim PYCT has not when the share count has gone up.
Not much else to do but make stuff up while waiting for the next Norsea announcement. LOL
Multiple companies shares these types of offices. If you don't know that by now then you need to do better due diligence.
Again your implying that a public company changed their address to the same one of their supposed attorney. Explain how that makes any sense. Can you name any company that's done that or the reason they might do so?
" We are still in Business."
So that makes it ok to make untrue statements? Good thinking there.
"And that will be 5 years worth of work paying off for all the shareholders."
Five years eh? So the Pino scam and the failed online pay system were "work" with a big payoff in mind? LOL Brilliant. Pino probably had the whole SEC investigation planned years ahead of time as well, right?
So are we supposed to assume the past counts now (all 5 years worth no less). That brings us back to the years of BS and worthless claims by the company. That's not spin- that's fact.
Looking to the future is great, but posting ad nauseum about conspiracy theories and making up stuff as an excuse for the failure of the company is quite borish.
There might be a big payday ahead for shareholders, who knows. I certainly don't feel it's necessary to post misleading statements in order to achieve it though. Wish others felt the same.
Have a wonderful day.
Dilution refers to the outstanding shares. That number has risen therefore there has been dilution.
Stick to facts please- not 'facts' as you interpret them. People who simply address the negatives instead of denying them have much more credibility then people who make stuff up.
"It is no coincident that that SEC attorney has the same suite and address as paychest."
LOL are you now implying that companies routinely share an address with their SEC attornies? LMAO.
With multiple companies sharing these offices it's most certainly coincidental that the two share an office- that's the way they work.
At the very least it's misleading to say that you know that he's their attorney unless you confirm it. I invite you to call Tom Hands or the company and post back when you've heard from them.
The fact remains that they've routinely not followed through on most of the claims since Pillay took over.
Are they actually closer to putting out a product? Perhaps
Does the history of the company show that they can be trusted? Hardly.
Pillay took over in October of 2006. That is a little over 3 years ago.
What calendar are you using to state that it's been 5 years?
"Only have to right once'"
I'm assuming you're trying to say that they only have to be right once...
If that's true then someone can lie 1000 times and tell the truth once and that makes them an honest person.
Interesting take.
I'm not saying that dilution shouldn't be expected. I am simply saying that those stating that there has not been dilution are either not being honest or are simply ignorant.
There has been dilution and anyone saying that there hasn't is wrong. Whether or not that's a bad thing is certainly subjective, but it's still a fact.
Indeed. They haven't diluted since the last round of dilution.
That's how it usually works.
Tom Hands disagrees with you. Is he lying?
Or are you implying that TomKit is unlawfully using Flushaway's product (which they don't even produce right now)? LOL
Or is is more nonsense like "PYCT's SEC Lawyer"?
Which is it?
"other companies that re-package Flushaway's product's as their own. "
For years they've made claims they'd never fulfilled.
Perhaps you call that good business?
"Notice that the company has not sold ONE SHARE
on the open market since they took the shell over in over 5 years. : )"
The current management did not take over the company 5 years ago. Where in the world are you getting that information?
Yes, that was 2 years ago- after Pillay took over. Seems like someone wants to paint a picture of non-dilution since Pillay took over 3 years ago, which is ludicrous.
You're forgetting the most important part- be a real company with a viable product instead of simply a producer of PRs with no follow through.
But if your stock broker told you that PYCT is a fine company that you should invest in, more power to him.
Agreed. No company that is to be taken seriously (or hold a decent PPS) is going to keep such a ridiculous share structure, nor would they spend an outrageous amount on a buyback. IMO For whatever reason the company seems to want to keep this dream alive though.
As others have stated I think there will be a different share structure once the divy is completed (which I heard is going to be soon... after the holidays.)
Try and keep up. We're talking about the product being marketed.
If any other company can produce a viable product with the patent then Flushaway should be able to as well.
According to Tom Hands even he doesn't know of any relationship betweek PYCT and this attorney and said that the company wouldn't release such information.
Are you saying that the company told you this that they've retained him, or did the attorney tell you? Or are you saying Tom Hands is lying?
Or are you posting a silly inference based on the matching address?
"Do you know how many PATENTS there are in the world for a "Flushable" pad or liner?"
Quite a few. As I've said before they date back decades.
"Who will process all the online purchases for web purchases for all the Flushaway products on the websites?"
So now the Paychest system is going to be primarily for a single product? LOL If there was anything to what Pillay said (starting over 3 years ago) then they would have moved forward by now. Common sense.
It's always an excuse as to why this company has nothing going on. First it was the stock audit, now they're waiting until Flushaways start selling online? Come on- use common sense.
And who's going to buy online with all of the mass retailers supposedly stocking them? Third-world nations? Indeed, they'll be real interested in paying shipping in order for Flushaways to be delivered directly to their huts.... LOL
"And those products are most likely Flushaway's design and patent."
Then Flushaway should have been able to get a decent product to the market as well.
The people who claimed it was a scam in 2004 and 2005 were 100% correct. Are you really disputing that? LOL Those who claimed that Pillay was full of crap about launching the online pay system in 2007 to the present have also been correct.
The people who felt that there was going to be a reverse split have been wrong thus far. At least they stuck to their opinion instead of making up different stories for the past few years. The issue of it being a scam hasn't been disproven yet by far.
I'd say it's better to be wrong about a single thing instead of being wrong about everything. Obviously you disagree. More power to you.
"You want me to over worry about what I can_NOT control"
I don't want you to worry about anything. I asked a simple question.
Nice to see a trader so concerned about what's in the IBox though.
Your welcome.
"Based on the company records to date, we AGREE that the company DO_NOT have perfect financials – it’s a penny/pink. "
But can you agree that the company should at least release filings that they have stated they are going to?
"many are really concerned with what I say and post."
Misleading statements made by others tend to stick with me for some reason.
""re-emergence of the new Flushaway product into the commercial market in early 2010.""
You're assuming that the company is going to actually follow through on this. LOL I'd like to see the other claims come to fruition first... filings, new CEO, divy.
It sure doesn't take much for some to forget the unfulfilled claims this company has made. Happy for you that it's excites you though. YouTube and Myspace did too unfortunately. LOL
Stranger things have happened.
Interesting day. News, high volume, plus another event that I can't mention here.
Looks like a pump might be in the works. Nice way to start out 2010 perhaps.
What's the point? Are you implying that this gives credibility to PYCT?
He can't help who he shares a VO with. LOL Poor guy.
Gotcha. In any event it's great to know that this new CEO has the patience to wait around for well over a year to "take over". He's had plenty of time to complete due diligence of PYCT, Pillay and all. Interesting judge of character he must be to want to be linked to these guys.
"then he will be in on the divi company"
Well, that would be unfortunate as nothing these guys touches as far as public companies seems to amount to anything.
Stunning. Be excited if you want but why is this worth the attention? He's a member of the supposedly outgoing management, old news remember?
Or is it really that exciting to you that a real person can be verified as being involved?
"So, I’m excited that Flushaways are here..."
I wonder if she's still excited.
Banks is/was CEO of Consoldidated Ecoprogress, that's not s secret here. As I said before IMO he's probably the man that was to be announced as the new PYCT.
Unfortunately people doing due diligence and connecting dots doesn't bode well for new incarnations of crap companies.