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Why not try help others not get clowned around...some have been here 6years+ after being clowned with this flushaway story!!
some have been here longer have been clowned by the story before the paypal takeout story!!
Who has you believing the pads CES created were pulled from store shelves?
This is false and a absolute lie!!
product was never pulled from shelves as you state?
IR is lying to you!
I'm sure Paychest can't use CES old patents. They expired long ago. Besides, the pads CES created were pulled from store shelves, again. long ago.
The formula to produce totally flushable products remains a secret, obviously.
No one is dancing in the streets. But some clowns continue to worry about patents.
Everyone who remains interested in Paychest future will be on hand to verify production next year
All this below refers to CES product before Pyct got involved..
http://thestockprofiler.com/hotstocks/pyct.html
•Received Canada’s highly acclaimed Environmental Choice EcoLogo™ certification.
•Independent flush ability test completed
•Independent Dispersion test completed
•Independent Biodegradability test completed under American Standards for Testing and Materials (ASTM D5988-03). Test requires biodegradable milestone is achieved in 180 days. Flushaway achieved the milestone in 70 days. Traditional product does not biodegrade and plastic is estimated to remain in landfill for 200 years or more.
•Sales of Flushaway® previously achieved in major US stores and other countries by CET.
•Samples have been produced and distributed.
•Flushaway has completed FDA registration
•A strategic supplier purchased select equipment for Flushaway production.
•Pilot production for Flushaway start
They claim to have spent 7Million $$$ whats a few sheckle to have this embarrassing yield sign removed?
They looking like clowns working on this 50Billion $$ market thingy and their 0001 paper has a yield a warning sign
Right after the Stop and Yield were both taken down and the Yield sign put back up I asked I asked Tom Why. He stated that the Attorney's letter had to be signed at the Corporate Office via Video,closed circuit or whatever. In other words, the Attorney must Fly to China to do so. Cash is due to start coming in, in the first quarter of 2015.
Inform the pyct clowns that this does not look good if they real serious...lol 7Million $$ yah right
http://www.sec.gov/answers/unsolicitedquotations.htm
Lets try this again..
You should talk to the clowns doing the clownjob on other shareholders!
They claim having spent 7M$ on pyct but yet can't have the yield sign on the 0001 paper removed!!
Check it out yield sign still there and that nasty warning to be careful buying 0001 paper...
Call IR and discuss the clown moves they making...lol 7Million$ and yield sign still there after 3years.
http://www.otcmarkets.com/stock/PYCT/quote
Yup the clowns spend $7M secretly on pyct but not a couple of grand fixing that yield as promised here in this 30K$ promojob...yup real clowns
The "Paychest, Inc. 2011 Annual Report" can be found on www.OTCMarkets.com and is compliant with the OTC Markets Alternative Reporting Standard Guidelines and provides adequate current information as defined in the Guidelines.
The filing of the 2011 Annual Report and Attorneys Opinion Letter is expected to lead to the Company being reported as "Pink," in the next few days, and eliminate the Yield sign that has been shown against the PYCT ticker symbol on OTCMarkets.com.
http://thestockprofiler.com/hotstocks/pyct.html
Besides, the pads CES created were pulled from store shelves, again. long ago. you state...so then pyct should stop making reference to the old product!!
lol...stop the clownjob
Our products have previously been sold under the Flushaway® brand in the United States, Hong Kong, South Africa, Australia and the United Kingdom.Flushaway® is being developed to deliver biodegradable diapers for babies, and a product for adult incontinence protection.The market size of womens sanitary products that Flushaway® targets is estimated at $9 billion; $6.5 billion sanitary pads and $2.5 billion pantiliners.
Let me show you again!
You see how they make reference to a patent here in this hype promojob... Since licensing Flushaway® a new patent and sanitary products design was adopted reducing Cost of Goods, increasing margins, and providing better returns. Tests and trials following these improvements had teething troubles but the end results were successful
http://thestockprofiler.com/hotstocks/pyct.html
You see how they clowning you around again...lol 6years and still they got many clowns dancing in the streets...
Again patent application is no secret...Don let IR fool the old timers out of their retirement money.
Yah MM or someone puts up .25 looking for a sucker you say...lol
some say the ones paying 0001 are suckers...lol
100M in volume today!!
Lets wait for adanac update of how many of 100M were under 0001...seems like under 0001 is where all the action is.
Yah we all know it didn't work to attract more targets to bite on the 0001's,they could of spent that money 30k+10k(40K$) on buying 0001 paper themselves instead of trying sell dream paper to new pigeons.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107164552
Anyways it didn't work like the 5K they spent on that letter in 2008...that was a hit promojob...plenty 0001 bites and also 0002 got hit...whoever was selling in 2008 did well...the letter instructed all too buy and buy now lol...before it's too late...A real pigeon job.
Lemon if pyct really wanted to ruffle up some feathers and expose them shorts or NSSers...they could again pay 10K for promojob.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68855187
or spring another $30K for this hot stock pigeon alert.
http://thestockprofiler.com/hotstocks/pyct.html
Paychest is a global marketing company that licenses non-polluting technologies for development and commercialization.
Flushaway® is a unique range of feminine hygiene products manufactured in a patented process that makes our products flushable, biodegradable and dispersible under the most stringent environmental standards.
We have an exclusive manufacturing license to patents, trademarks, manufacturing and select marketing rights to our range of products.
lol lemon the dd that mortal did for all of us here is what the shorts must of done to short this everyday for 6years..
No matter what pyct stated verifiable or not apparently the nssers kept sell fake paper...if it true that they shorted or and naked sold this for 6years and for 80Billion...lol
I guess you must agree with this 80Billion short or fake paper since you never question the daily "shorters are going to get it posts"
or the MOAS posts.
anyways enjoy that DD that Mortal did last year it shows why you stuck at 0001 and under for last 6years
Lemon.. please inform them pyct clown we on to their pigeonation tricks!!
Look at the DD we done!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82356492
PYCT DD Pt 1 (Share Structure, Financial & General Info)
This Part 1 Due Diligence installment addresses the Share Structure, Financial Status, and General Corporate Info for Paychest. Once again, I wish to thank some of the more vocal posters on this board for providing me with the motivation to stick around and pull together summaries such as this while we wait for the next Paychest PR to be issued.
Share Structure:
* (Caution) Currently +27 Billion Issued and Outstanding PYCT Shares (at A/S limit).
* Over 20 Billion New PYCT Shares Issued Since 2004, Resulted in About 265% Added Dilution and a Share Price Plummet to an On-going NO-BID.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80524535
* Over 5.4 Billion New PYCT Shares Issued by New Management Since Oct. 2010.
* NO 5% Owners Identified Even After 20B Shares Issued, Indicates Insiders Selling Shares.
* (Caution) 2012 Year-End Financials Should Show Insider Driven Issuances & O/S Increase (per PYCT Statement of Cause of the DTC Chill).
* (Beware) PYCT Needs Share Restructuring Before Any New Funding Can Be Obtained (increase A/S limit and allow issuance for more O/S, or implement a R/S).
* JUN 10,2011==PayChest Completes DTC Stock Certificate Audit
* DTC Audits ('06 & '11) Didn't Identify PYCT Share Anomalies or Naked Shorts (see 2011 Annual Report).
* Formal DTC Audits Revealed Paychest Had Accounting Errors; Share Counts Were Restated.
* NOV 14,2011==PayChest: Share Buyback Begins
* NOV 18,2011==PayChest: First 100 Million Shares Retired in Buyback
* DEC 01,2011==PayChest: Share Buyback Continues
* (Beware) Paychest Issued Several Billion New Shares During the 300 Million Share Buyback.
* How Did Paychest Buyback Shares With ZERO Cash per the Financials?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81696282
* TA is Gagged as Paychest Won't Authorize For Any Disclosures to Public or Investors.
* NO MMs Currently Making a Market for Paychest.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77941640
Financial Status:
* PYCT Has ZERO CASH and an Encumbered ADVANCE for $200K (per 3Q2012 report).
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81508456
* Paychest Has Reported ZERO Sales Revenues.
* Financiers Are Currently Keeping Paychest Business Afloat.
* On Sept. 2011, Sold 565,000 New Preferred Shares; Now Eligible to Convert into Commons
* (Beware) Paychest Share Shuffle.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80996055
* (Warning) Paychest Has Toxic Financing Arrangements per 2011 Annual Report.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81416358
* APR 16,2012==PayChest Receives $1.2 Million Purchase Order
* PO Currently On-Hold Due to DTC Chill in Effect.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81488792
* (Beware) NO Independent Financial Audit Has Been Conducted.
* Financial Documentation From Mr. Pillay Is Still Missing After 2 Years (per 2011 Annual Report).
General Corporate Info:
* Paychest Has Defined Articles of Incorporation & By-Laws.
* New PYCT Management Has NOT Updated Articles of Incorporation (as Defined in Financials).
* Paychest By-Laws Are NOT Being Strictly Followed (NO Annual Shareholder Meeting Ever Held).
* NO Full-Time Paychest Employees Currently Exist.
* (Beware) Two Investor Relations Representatives Paid for Years (But NO $ Available to Spend on Marketing or Sales).
* CEO Condo Used Rent Free as Paychest Office Headquarters.
* PYCT Has a Mail Slot Located in Houston, TX.
* A Consolidated List of 21 Questions From Various Investors Was Sent to Tom Hands on 6/15/12 (see link below). Status: Company has provided NO answers at this time.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77394990
* Paychest Has a Website.
http://www.paychest.com/faq.htm
* Website NOT Currently Updated with New Product or Packaging Details.
* Website Has a FAQ Section (Visited to see if any of the 21 questions submitted to PYCT were included, and if any answers were then provided. No new questions have been added lately, however, of what info was there, comments were offered on company responses to four questions).
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79339992
* Paychest List of Pros and Cons (Facts) and Assertions (Opinion).
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81689902
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82356441
Adanac that is a gross figure of 50K per container...What will pyct make per container profit?
CES worked at 10% meaning 5K after expenses.
Why the need to verify David Shaw?
Is it possible he don't exist.
pyct claim DS in business 30 years selling products...yet nothing on the internet on DShaw!!
# years and only reference to David Shaw is pyct's mentioning of him!! Strange and very clownjobish
WHEN THE FOLLOWING IS VERIFIED, AND ADDED TO:
50K * 24 containers = $1,200,000.00.
1 distributor = David Shaw & Co.
1 country = United Kingdom
http://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00008126&fileName=/csfsprod/data76/filings/01046609/00000001/p%3A%5Cdwnlds%5CConsEcoprogQ1jan31%5CConsEcoQ1.pdf
lol Lemon you still looking to verify what pyct is stating?
Why does one have to verify what a company states?
When IBM states something in their PR's about a company it doing business with, does one really have to verify to see if that company actually exists?
You posting "Paychest needs to announce something verifiable about those changes soon" means that pyct could be lying in what it states!
So far nothing pyct has stated has amounted to anything hence the new term pigeonated...lol it perfectly describes the shareholders last 6years.
Don't get clowned around! patents are no secret and they needed like this bit of info I found!
Maybe this is what info the shorties have been looking at to short while clowns continue to buy 0001 paper...
A manufacturing agreement with Xinpro Manufacturing when Xinpro completed the setup of a dedicated Flushaway® manufacturing facility in the Shanghai area, and the subsequent delivery of the first tailor made machine. This was the first in a series of machine purchases by Xinpro for producing Flushaway® in accordance with our new patent (patent pending).
Typical answer when you can't find a patent like you used tooo...lol lemon you getting setup like a clown by pyct again.
If China wants the formula its easy to get...lol just go read CES's patent.
Please don't buy the argument that that patent was/is no good...lol that what the pyct clowns would tell you today after 6years of selling the Flushaway patented blahblah story.
So while you and everyone waits for Q1 2015
everyone has time to look for a patent
They clearly make reference to patent and trademark...
The trademark they give you plenty info on it even where to find the application and expiry date...The trademark is an easy and inexpensive thing to get...500$ and easy to verify
Patent on the other hand takes years to get approved...as you know pyct already been through one rejected application..2years wait and rejected.
So where is the new patent why no application to find?
If no patent is needed to produce then all of China can produce this flushable and biodegradable stuff!
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.
Once again you been fed the pigeon soup, once again you can't verify what pyct states.
6years of this nonsense is absurd...shareholders deserve more then this type pigeonation once call going around in circles...lol
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65892215
Also lemon you maybe on too something with this post
Totally flushable pads and liners could be a gold mine for investors if Paychest or someone else could just get their act together...someday!
Never found a gold mine.
If you do some DD you'll find that many would agree with your gold mine ...look an article from 2005 on the very subject of pads and liners
http://www.nonwovens-industry.com/contents/view_features/2005-08-17/the-feminine-touch/
Consumers are very brand loyal and trust and confidence are huge barriers to trying new products...
You see women just don't stick anything between them legs...a very difficult market.
And if CES then really had the 30B$$ market thingy they would of done buizz with a major not pyct a stinky pinky...
Ok lemon lets take "Totally flushable pads and liners" that pyct has got you excited again and google it...
https://www.google.ca/search?sourceid=navclient&hl=en-GB&ie=UTF-8&rlz=1T4ACAW_enCA344CA344&q=Totally+flushable+pads+and+liners
And then "Totally flushable pads and liners and add Kimberly Clarke"
https://www.google.ca/search?sourceid=navclient&aq=&oq=Totally+flushable+pads+and+liners+Kimberly+clarke&hl=en-GB&ie=UTF-8&rlz=1T4ACAW_enCA344CA344&q=Totally+flushable+pads+and+liners+Kimberly+clarke&gs_l=hp....0.0.0.260122...........0.KjdfLeWLAkk
Now you on your way to doing some serious DD and on your way to again getting the pyct clownjob!!
Lemon...pyct has got you excited again,
just like when they announce start of production
The Company is making other changes to the Flushawayâ„¢ product to increase margins, improve profitability and prepare for commercial production in early 2010.
Again they got you dancing in the streets but with nothing to verified as fact except reading info here!!
I can't believe again they clowning you and shareholders around.
Again after 6years of stating info in PR you got nothing to verify...only here on IHub one can come to get positive info..lol
Soon back to no interest and no volume...lol what a clown job
Call them up and demand answerers...lol if you could find a # for pyct...toooo funny
Because the investing world would like to know before they put their hard earning money on the line!!
Some don't like being clowned around...lol
Think about this for a few minutes. Is the company just clowning around with the shareholders?
Reference from page 5: "Except that we have signed a letter of intent to acquire the film manufacturing from Xinpro Manufacturing, there is no purchase or sale of plant anticipated."
Paychest clearly states they are possibly considering acquiring the FILM manufacturing capability from Xinpro, but not the whole plant (if it even exists since no one has yet to provide any proof). That's why a question was submitted to Tom Hands (Paychest IR) on 6/15/12, concerning who has Flushaway and/or Mibella end product manufacturing responsibility (as noted below).
Question 7) Does Xinpro Manufacturing of China only produce film for their work share in product production, or are they also responsible to produce the end product(s) and/or its packaging?
So, who is producing the absorbent material and how are the end products being produced and who is doing it since Xinpro clearly isn't performing these operations per all PRs from Paychest which indicate only the Film production aspect? Does anyone have insight into this important piece of the puzzle? It just might answer why no actual Flushaway and/or Mibella product completion has been announced to date or product shipped, and why even the Paychest website doesn't have product pictures and packaging information on it. Think about this for a few minutes. Is the company just clowning around with the shareholders?
jlwcat1..ok I back out of that GG argument I don't remember nor is it important 5years later.
Trum and I are on the same page the page that this was and is going nowhere fast.
So far we right on the money 6years of squat and unverifiable facts that pyct keeps spewing...lol
Give me something to verify as fact..the latest and rehashing of old news David Shaw and company and Xinpro...Find info on them other than pyct NR and you got Trum,Lemon and I buying 0001 paper next day...
I'll buy 5K worth of 0001...
Jlwcat1,,one more thing on greengainers.
dcjr another stock promoter posted that phone number 702-942-3416 says "Temporarily NOT AVAILABLE"
dcjr4107 Thursday, 11/18/10 11:20:42 AM
Re: Trum post# 66899
Post # of 110906
That phone number 702-942-3416 says "Temporarily NOT AVAILABLE"
Better actually call the numbers to see if they are real before posting such information. LOL
You could see for yourself that # belongs to greengainers
https://www.google.ca/search?sourceid=navclient&ie=UTF-8&rlz=1T4WQIB_enCA591CA591&q=702-942-3416+
http://www.marketwired.com/press-release/greengainerscom-investment-stock-report-alerts-sunday-watch-list-citigroup-inc-ford-1344238.htm
Jlcat1...forget GreenGainer concentrate trying to find David Shaw!
Pyct has stated that David Shaw & Co. is a UK & Ireland distributor with more than 30 years' experience selling to large UK, Irish and European retailers.
So try to find anything on David Shaw and report back here before anyone loads daa boat as you suggest everyone does.
Forget Greengainers that was solved years ago as another failed promo/hype job...
APR 16,2012==PayChest Receives $1.2 Million Purchase Order
HONG KONG--(Marketwire - Apr 16, 2012) - PayChest, Inc. (PINKSHEETS: PYCT)
PayChest Inc. (the "Company") is very pleased to announce it has received its first Purchase Order worth $1.2 million.
The Purchase Order, from David Shaw & Company in the UK, requires delivery of 16 containers of Mibella flushable and biodegradable sanitary products over 12 months. Each container of product is worth more than US $75,000 in gross revenue to the Company.
David Shaw & Co. is a UK & Ireland distributor with more than 30 years' experience selling to large UK, Irish and European retailers.
...
b) The quest to verify the existence of David Shaw & Company:
A concern exists on the inability of investors to verify statements made within the Paychest PR regarding a product distributor called David Shaw & Company of the UK.
Some investors have expended time and effort in trying to verify the actual existence of a product distributor business identified as David Shaw & Company of the UK (per the company PR). Three potential candidate businesses were identified, with only one having contact information listed (but which was indicated to not have done any real business in years). This identified information is depicted in item c below. Attempts made by me to contact this business through the listed e-mail were unsuccessful. Other posters indicated they tried the listed phone number and it was not in service. As of today no further additional clarification been disclosed to the public by Paychest. Because of this lack of being able to verify the existence of the company, there is some concern about the subject press release.
Once again, if anyone has other leads or contact information pertaining the distributor company identified in the subject PR so they can be verified, please feel free to share it and this post will then become obsolete.
Good day to all.
If you google greengainers you'll find that # Trum posted is the right # for greengainers.
# years later people are still confused about greengainers,they were hired to promojob the pyct story in 2010...someone must of had 0001 paper for sale to hire GreenGainers to hype!!!
Anyways back to Trums post he posted
GreenGainers.com
Editor
702-942-3416
greengainers@gmail.com
www.greengainers.com
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56850596
As you see the phone # he posted was the right # for greengainers...
Nov 11, 2010 - GreenGainers Investment Stock Reports primary focus is to alert our valued subscribers to small cap and micro cap ... Editor 702-942-3416
GreenGainers.Com Investment Stock Report Alerts Sunday ...
www.marketwired.com/.../greengainerscom-investment-stock-report-aler...
Oct 31, 2010 - GreenGainers Investment Stock Reports primary focus is to alert our valued subscribers to small cap and micro cap ... Editor 702-942-3416
https://www.google.ca/search?sourceid=navclient&ie=UTF-8&rlz=1T4WQIB_enCA591CA591&q=702-942-3416+#q=702-942-3416+greengainers+
Really Jerry you want to retire? Just you and a few other oldtimers that bought pyct tickets?
Pyct and a few other posters here would like everyone to retire,,,I see much begging of loading da boat..
If all goes well then your time has finally arrived come 1Q 2015
when pyct sells it's first container of napkins..
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 Flushawayâ„¢ story gets
out, PYCT share prices will likely start to tick
up. .
Looks like you won't be alone retiring...I also may buy a few tickets like this pyct promo suggests but first I like to find a # for David Shaw.
Apperently David Shaw has been in business for 25years yet 3years and no one can find him just
anyways good luck
I worry about how they get hookup to shares...in this case they are promojob into buying and holding....
Buying while someone dumps?
Holding while someone dumpos?
Classic promojob...
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 Flushawayâ„¢ story gets
out, PYCT share prices will likely start to tick
up. .
You See Lemon the DTC doesn't read every PR and proceeds to find David Shaw or Xinpro and then lifts the chill...
Do some DD and you will find what the DTC does and demands to get a chill lifted...
As far as the Company can tell, the temporary chill was triggered as a result of an increase in issued and outstanding shares, caused by preferred shareholders converting existing preferred stock into common stock.
Previously, under a number of agreements, certain of the Company's investors funded the Company by purchasing preferred stock with a conversion feature. These preferred stockholders converted their preferred stock into common stock to benefit from the possible upside of their investment. As such, the group converted 545,000 shares of preferred stock at $0.0001 resulting in the issuance of 5,450,000,000 shares of common stock. Many of those shares cannot be deposited into the DTC clearing system for possible future sale.
The DTC chill can, and does, affect a company's funding source in that it influences the internal policies and procedures of some brokerage firms. One such policy is that some brokers have restricted or blocked buy orders from customers wishing to purchase the Company's shares on the open market. As a result, trading volumes are at historic lows. Funding has been limited to a maintenance basis whereby only essential capital requirements will be funded. According to the funding sources, upon removal of the chill, further ongoing funding is slated to return.
Many bought 6years ago after reading this promojob pyct/IR putout....So whats holding 0001 paper for 2.5years!!
Many thought getting in 2008 was a ground floor opportunity maybe by now this would of upticked too 0002-maybe 0003 instead you still at 0001 and worst then 2008 ...no volume or interest..
Good luck enjoy the pigeon soup.
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 Flushawayâ„¢ story gets
out, PYCT share prices will likely start to tick
up. .
Flushaway’s™ first entry into the market, one
that has consistently met with consumer satis-
faction, is a line of feminine hygiene products.
While the product has been proven environ-
mentally sound, underlined by official recogni-
tion from the Canadian government, the fact
that women can flush spent items makes it
uniquely convenient. So while its green appeal
may help Flushawayâ„¢ pull a five point share
of a $10.0 billion annual market, its conven-
ience appeal should help it build a much
stronger following. Industry insiders have esti-
mated up to a 20-point share.
The basic design of the Flushawayâ„¢ product
has been tested in two more key product lines:
the adult protective under-garment and the
disposable infant diaper—both flushable and
both biodegradable. Combined, those market
amount to another $20 billion, bringing the
What PayChest brings to the table is simple.
It’s a US-listed public company with a large
shareholder base and the ability to raise capital
needed to make Flushawayâ„¢ a competitive
brand.
PayChest shareholders should be clamoring to
have their company raise additional cash now
to leverage the multi-billion dollar
Flushawayâ„¢ opportunity.
With adequate funding behind the brand,
PayChest can capitalize on an opportunity that
has been more than a decade in development.
PayChest shareholders look to be in the right
place at the right time to benefit when this
brand does finally succeed. And it looks like
that time is close at hand.
Properly funded, Flushawayâ„¢ can establish
reliable, cost-efficient manufacturing and
wholelale facilities, and launch a national scale
ad/promo campaign.
We think these are the only two practical steps
between Flushawayâ„¢ today and a massive win
for investors.
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 Flushawayâ„¢ story gets
out, PYCT share prices will likely start to tick
up. .
Right you hold while preferred shares convert and get sold at 0001 or 0002 if they lucky to get clowns to bite.
Why convert the 545K of preferred shares for commons if they don't plan on selling them.
Under a 2011 agreement with LIG, the Company's lenders, and preferred shareholders converted 545,000 preferred shares
at $0.0001 resulting in 5,450,000,000 common shares being issued. As part of this in September 2011 the Company
increased its authorized common shares to 28,000,000,000. 565,000 new preferred shares were also issued, 400,000 of
which were to various parties that collectively are referred to as LIG. The proceeds were used to bring down debt.
In previous
Find David Shaw and you trading at 0001 with interest
Find Xinpro and you really happening...
Why is it that whatever pyct states can never be verified?
Also the clowns forgot they said 75K 3years ago for container and today 50K!!!
Each container generates revenue of around US$50,000 for PayChest, depending on product mix.
The Purchase Order, from David Shaw & Company in the UK, requires delivery of 16 containers of Mibella flushable and biodegradable sanitary products over 12 months. Each container of product is worth more than US $75,000 in gross revenue to the Company.
David Shaw & Co. is a UK & Ireland distributor with more than 30 years' experience selling to large UK, Irish and European retailers.
Shortly before the product is placed onto store shelves, the Company plans to provide an update of retail stores where Mibella product will be placed and available to consumers.
As announced on February 10, 2012, the Company was negotiating six (6) purchase orders. Today's announcement marks the first of those anticipated purchase orders.
The Company continues to negotiate other purchase orders with the objective of building on this first purchase order and creating a growing pipeline of orders and revenue.
Ohhh!! not the shorts are scared again...another old story
Find David Shaw yet? Find Xinpro yet?
https://www.google.ca/search?sourceid=navclient&aq=&oq=biggest+short+squeeze+in+history&ie=UTF-8&rlz=1T4WQIB_enCA591CA591&q=biggest+short+squeeze+in+history&gs_l=hp...0j0i22i10i30.0.0.0.14100...........0.7s8eTydjoMM#q=pyct+biggest+short+squeeze+in+history
http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi?ubb=print_topic;f=8;t=018849
Careful you don't get clowned around like paper buyer before you....Production was announced ready 2010 early 2010.
https://www.google.com/search?q=commercial+production+inearly+2010#q=pyct+commercial+production+inearly+2010
Instead pyct is making trying to make big noise with the trademark pump...some continue to get clowned around.
$500 and I got me a pigeon poopscoop trademark...lol
Again rehashing old stuff this was all discussed/posted last time pyct mention trademark in 2010
US Patent and Trademark Office (USPTO) many pay attorneys $150 to $500 ... The total cost for a fairly straightforward, narrow application is around ...
https://www.google.ca/search?sourceid=navclient&aq=&oq=cost+to+trademark+in+usa&ie=UTF-8&rlz=1T4WQIB_enCA591CA591&q=cost+to+trademark+in+usa&gs_l=hp...0j0i22i30.0.0.1.15480...........0.tD9gtwixV8U
adanac please explain to the readers what/where the patent pyct refers too in their PR can be found?
Pyct talks about manufacturing and patent(pending) as very important combination.
I can't find any info on patent, DavidShaw or xinpro...patent can't be a secret.
On December 7th, 2010 Xinpro paid a down payment to a film machine manufacturer to make a new machine designed to produce polyvinyl alcohol film. The machine manufacturer has confirmed to the Company that delivery is now imminent. A tour and review of the manufacturing facility last week by the Company confirmed preparations are now complete and ready for machine delivery.
This is the first time a supplier has purchased specially designed machinery specifically for the dedicated and exclusive production of Flushaway® products. It is also the first of a range of production machines to be purchased for this purpose.
Polyvinyl alcohol film is a key part of Flushaway® enabling the finished product to perform during use but remain flushable and biodegradable at the time of disposal. The film will be produced using specialized materials, formulations, know-how, patents, patents pending and a unique production process.
Patents and a new patent application (patent pending) that protect the intellectual property of Flushaway® and the film are based on those licensed to the Company. A number of patents and patents pending are used in the production of the Flushaway® brand of pads and liners. One patent that was pending had appeared on the WIPO web site (World Intellectual Property Organization) was recently discontinued by the licensor in favor of a superior design solution resulting in a new patent application.
In anticipation of upcoming commercial production, .the company has recently expanded its sales force activities worldwide as sales representatives have met with potential distributors, retailers and wholesalers in Europe, China and, in particular, North America. Strong interest has been expressed in the Flushaway® brand of products.
Management is extremely pleased with the recent business developments and expects commercial production to start shortly after machine installation.
http://ih.advfn.com/p.php?pid=nmona&article=37234940
http://ih.advfn.com/p.php?pid=nmona&article=46702104
Lemon again mentions verification of what pyct states,they again mention David Shaw and Xinpro,
Can you find any info on these to names?
Some people seems to think this needs to be verified,
that finding some info on these names mentioned is necessary.
That if not verifiable what pyct states,that it might be BS!!
See if 3years later you could find David Shaw or Xinpro?
and while you at it,find a patent they plan on using.
not trademark not the same...you get a trademark for 2-300$ only and in a few weeks!
lol...once again you getting clowned around not being able to find info on Xinpro...or David Shaw the 1.2M$ order person...lol
nothing new here talk of Xinpro and a David Shaw again...lol we heard of this names 4years ago...lol rehashing old news and round and round we will go for another 6months waiting for another update.
You think there will be enough clowns to buy enough paper to get a bid?
No I doubt it very much once again the only time you will get interest is if and when pyct will do another Shakerzz type promojob or 5K letter to shareholders.
The interest will again fade after that promojob and again the pyct will be accused of pumping to dump...lol
and round and round you will go for another 6months just like a circus merrygoround...lol
You see lemon the 5M is still in the books for the right to use the patent...lol a patent that has expired!!
lol so before you and other oldtimers by more 0001 dream paper do some DD on this.
Seems like pyct is targeting oldtimers
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 $5,000,000 note payable to Consolidated Ecoprogress is classified as long term payable, to be paid over a 4 year period. It is anticipated that the repayment will be out of cash flow in the 4 year period and from the sales of sub-licences for territories. No payments have been made to date as payments will begin in the latter half of 2009 and will scale upward in 2010 and 2011.
You need to get current!!
The 5M$ is still in the books as a payable.
So again I ask what was the 5M for if not for use of CES patent?