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Thanks for the clarity Trum, I am with you now. I completely forget about the dumps below .0001.
Sh!t should not be allowed, but so be it. Its penny stocks land.
Thanks Brad for the clarity.
Any thoughts on the numbers over the years?
I am strickly going by the numbers and keeping my personal feelings aside.
The financials submitted to Finra that is posted on OTCMARKET must be correct. Is that a true statement?
If not it's that illegal for their account firm listed and PYCT.
Service Providers
Accounting/Auditing Firm
Kuch Consulting
36 South 9th Street, #805
Minneapolis, MN, 55402
United States
They've being in the black two out of the past seven years, yet they continue. It Makes no sense at all except for a few plausible scenario.
1. They do have product coming;
2. Complete inept management;
3. Its a Sham to lose money from investors and PYCT also.
Stock Sale proceeds
2015 TRADING YTD========$209,808.00 (loss over 2 million)
2014 TRADING TOTAL======$468,073.00 (loss 363,656)
2013 TRADING TOTAL=======$45,308.00 (loss 254,633)
2012 TRADING TOTAL======$249,420.00 (loss 292,240)
2011 TRADING TOTAL======$578,102.00 (loss 505,276)
2010 TRADING TOTAL======$433,297.00 (loss 756,857)
2009 TRADING TOTAL====$6,892,355.00 (loss 210,865)
FYI..
I highlighted the years where the loss is greater than the stock sale.
Agreed the optics does not look good, and they should do something about that.
But what puzzles me the most is the financials. based on a stock sale of .0001 and using the numbers Adanac provides, it just does not compute. They're losing more money than making, so I say why continue?
I highlighted the years where the loss is created than the stock sale. Am I missing something?
Stock Sale proceeds
2015 TRADING YTD========$209,808.00 (loss over 2 million)
2014 TRADING TOTAL======$468,073.00 (loss 363,656)
2013 TRADING TOTAL=======$45,308.00 (loss 254,633)
2012 TRADING TOTAL======$249,420.00 (loss 292,240)
2011 TRADING TOTAL======$578,102.00 (loss 505,276)
2010 TRADING TOTAL======$433,297.00 (loss 756,857)
2009 TRADING TOTAL====$6,892,355.00 (loss 210,865)
Below is a chart showing the federal net operating losses and the years in which they will expire:
Year Expiration Amount
2009 2029 210,865
2010 2030 756,857
2011 2031 505,276
2012 2032 292,240
2013 2033 254,663
2014 2034 363,659
2015 2035 2,317,318
Total NOL 53,874,244
81,450,367,410 + 2015 === 83,548,953,282 (as of 26/09)
Stock Sale proceeds = $8,354,895.00
Total Losses = $53,874,244.00
Why continue down this path?
http://www.otcmarkets.com/financialReportViewer?symbol=PYCT&id=145075
Trum,
According to the latest reports, PYCT is racking up massive losses.
Would it be in their best interest to continue or is it all a sham.
What I mean by sham is duping SEC, Lawyers, Transfer agents, accountants, Marker Makers and us investors.
Do you really think they're making enough money from the stock sales to continue with this sham as you claim, based on the compensation model?
I am just trying to get a full picture not bashing you.
Stock Based Compensation
Page 14 of 18
Jun 30, 15 Dec 31, 14
Operating Equipment - 474,314
R&D Assets 6,101 6,101
Equipment Net 6,101 480,415
Jun 30, 15 Dec 31, 14
Book Value - 48,714,590
Gains
Unrealized Loss - (46,568,291)
Equipment Net - 2,146,299
The Company accounts for its stock based compensation based upon provisions in SFAS No. 123, Accounting for StockBasedCompensation. In this statement stock based compensation is divided into two general categories, based upon who the stock receiver is, namely: employees/directors and non-employees/directors. The employees/directors category is further divided based upon the particular stock issuance plan, namely compensatory and non-compensatory. The employee/directors non-compensatory securities are recorded at the sales price when the stock is sold. The compensatory stock is calculated and recorded at the securities’ fair value at the time the stock is given. SFAS 123 also provides that stock compensation paid to non-employees be recorded with a value which is based upon the fair value of the services rendered or the value of the stock given, whichever is more reliable. The Company has selected to utilize the fair value of services rendered.
You mean we'll have the same issues as ITUNES? for I would welcome that.
baseless statements..
Please explain who has this technology already? base your statement with facts!
From PR. hush chat will be integrated into the their social application with a monetary value one day. lets say one dollar a year, per device, with billions of potential users. Everyone should see why hush chat is so important to EVTI.
-------
RAve Technologies, Inc. a technology company focused on investing in, developing and marketing emerging hardware and software technologies, announced today the appointment of David Forster as its new CEO, who brings with him Hush Chat an anonymous chatting platform for iOS and Android users.
"With the growing demand for private chatting and secure cash transmissions it made perfect sense for me to step into RAve as their new CEO, and to contribute Hush Chat to the existing product mix of RAve," said David Forster, newly appointed CEO of RAve Technologies.
Additionally, RAve has entered into a licensing and development agreement with Eventure Interactive, Inc. for the purpose of deeply integrating its Hush Chat's messaging platform into Eventure's Social Calendaring application.
"The Eventure team is thrilled to be working with RAve Technologies in the continued development of Hush Chat with immediate goals to monetize the technology and bring wide-spread distribution," said Gannon Giguiere, Founder of Eventure Interactive. "With the success of Snapchat and the anonymous messaging market place in general, we see this partnership as an exceptional win for both companies," continued Mr. Giguiere.
Thanks to short term thinkers I was able to load up on EVTI today. I will also be waiting for this to play out.
E..V..T..I...
Patent clearly states it works with smart routers also, which we all use today.
As mentioned above, the ad-hoc peer-to-peer network can include mobile devices as well as stationary devices (e.g., smart routers). Thus, the intermediary devices that the request has to pass through before reaching the host device can include mobile devices and/or stationary devices. It is contemplated that the same concept of access policy inheritance can be applied to stationary devices as well.
Once they go public and out of beta testing its going to be a game changer.
Its much more than networking. It really a security application for devices connect to one another. You will be able to choose what you would like to share with one or many people running their application.
The real beauty of this, its not platform specific. Andriod, Iphone and/or any other device can securely share with one another, as long as you have their application on your device. That is what the patent is all about from reviewing.
This is why you'll be able to do the following on your phone securely and privately very soon.
http://eventure.com/features
Plan
SYNC • QUICK EVENTS • ORGANIZATION • INVITATIONS + MORE.
Eventure makes planning and scheduling events with friends simple and fun! A beautifully designed calendar optimizes social connections, content and a proprietary invite engine to streamline the event participation experience
Interact
MESSAGING • PHOTO/VIDEO • GAMING • SURVEYS/POLLS + MORE.
Fun new way to intrinsically connect, capture, play and share with friends while socializing at an event.
Capture
CAPTURE PHOTOS • CAPTURE VIDEOS • SYNC TO DEVICES
Fun new way to intrinsically capture, connect, and share with friends while socializing at an event.
Its much more than networking. It really a security application for devices connect to one another. You will be able to choose what you would like to share with one or many people running their application.
The real beauty of this, its not platform specific. Andriod, Iphone and/or any other device can securely share with one another, as long as you have their application on your device. That is what the patent is all about from reviewing
------
A security application of the host device allows the user of the host device to share the resource with other devices in the network. The security application also allows the user to establish access policies for certain known devices within the network. An access policy established for a known device specifies what rights the known device has with respect to accessing the resource. The access policy has the characteristics of inheritance. Thus, when a device requests to access the resource, the security application of the host device determines an access policy for the device based on access policies of one or more of the known devices.
Quarterly report. But the report is up until June 30.
Funds might... might be available now, and next report will detail that information.
http://www.otcmarkets.com/financialReportViewer?symbol=PYCT&id=145075
Read post# 115217 with replies. Use that as a guide.
EGO's... thanks for allowing me more share of EVTI.
Go ahead keep showing everyone how right you're..:)
gtweb,
Based on the funding update from September 10th. Are you saying the information listed within is in on-track for this year IYP?
PAYCHEST INC ("PYCT-0") - Mibella(r) Production And Funding Update
PayChest Inc. is pleased to announce that the Company continues to receive funds under the recently announced $500,000 financing package. This money is being used to fund the initial production and sales cycle beginning with commercial production of the MibellaA(R)product line through to receiving payment from the customer...
The MibellaA(R) design and flushable feature delivers a clear business advantage to institutional facilities, such as hospitals, where conventional, non-flushable product is often flushed. MibellaA(R) does not cause blockages in waste water systems reducing maintenance costs, service disruption and so can improve revenue flow.
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.
It's one step towards something. Just a matter of what that is, and how far does $25,000.00 goes towards production cost.
Hopefully we'll find out soon!
In July 2015 the Company announced a $500,000 financing to support production and commercialization of its products.
Under the terms of the agreement, the financing would involve a five (5) year loan to the Company at 10% simple interest
with interest payments deferred, capital repayments deferred and profit share payments of up to 7% of EBITDA. PayChest
has received some funds and is optimistic that, although delayed, the first significant tranche of this financing will complete in soon. The Lender has provided the Company approximately $25,000 in cash to date.
PURCHASE AND SALE AGREEMENT
between
ITALK, INC
as Buyer,
and
KIL W. LEE
as Seller,
and
UNITED MOBILE SOLUTIONS CORP.
http://www.sec.gov/Archives/edgar/data/1373444/000149315215004533/ex10-1.htm
Rainmaker I agree completely. This appears to be the segment of the market they'll be focusing on first, because they created the market!
ReportsnReports.com adds Cleaning Robots: Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020 research report of 359 pages to the semiconductors and electronics segment of industry intelligence library. Vacuum cleaner robots are forecast to grow rapidly from $981 million in 2013 to $2.6 billion by 2020 because units provide automated process that implements effective cleaning power.
The 2014 cleaning robots market analysis is supported with 109 tables & figures and say that worldwide cleaning robots markets are increasingly diversified, poised to achieve significant growth as new technology is used in every part of the home. According to the lead author of the research team that prepared the study, "The opportunity to participate in home cleaning robot markets is broadly open as the technologies are available to construct a system. In the case of personal robots cleaning functions are accompanied by medical, welfare, education, service, and educational functional capabilities. The robot industry follows the semiconductor industry. Sales in 2013 for home cleaning robots are small compared to what will be achieved by 2020. The home cleaning industry market is anticipated to expand to the size of a $9 billion market as every household is equipped with one or more cleaning robots.
There is more to this that were going to see in the future. Cyberworks is understated for the time being on purpose.
Vivek Burhanpurkar - Cyberworks founder and President.
Summary
Mr. Burhanpurkar has over 33 years of experience founding and managing technology companies as well as dealing with the highest levels of global corporations and governments including American and Asian Heads of State and CEOs. He was a pioneer in the field of autonomous mobile robotics. He founded Cyberworks in 1982 where he led a team to develop the world's first autonomous robot with SLAM (Simultaneous Localization and Mapping) in 1984 and was among the first to publish a series of papers in peer reviewed journals on the topic as early as 1987. He systematically built Cyberworks into a world leader in robotics research and manufacturing with worldwide sales and strategic partnerships with academia, NASA and several multinational corporations. In 1998 he began to diversify the company into ERP Consulting Services and around 2010 further diversified into mobile video conferencing technology. The company continues to innovate and lead the field of autonomous mobile robotics and mobile videoconferencing.
He has been an internationally published researcher in the fields of Artificial Intelligence, Intelligent Sensors, Autonomous Mobile Robotics, Machine Learning and Biomedical Engineering. He has been a keynote speaker at the American Association of Artificial Intelligence Annual Convention, a session co-chair at US Dept of Defence conferences on Autonomous Warfare, a Peer Reviewer and Session Chair at the Society of Manufacturing Engineer’s “Fifth World Conference on Robotics Research”, and a winner of numerous awards such as the International CES Innovation award.
He served as Managing Director of CRS Robotics, a TSX- listed multinational robotics company with over 200 fulltime staff and, within six months of joining the company, expanded its market presence across Asia
CRS Robotics Corporation
CRS Robotics Corporation (now Thermo CRS Limited) was a robotics company based out of Burlington, Ontario, Canada. CRS Robotics designed, manufactured, distributed, and serviced human scale articulated robots Articulated robot and laboratory automation systems. Human scale robots have approximately the same reach, speed, the range of motion, the degree of articulation and lifting capacity as a human being and are designed specifically to perform tasks that are hazardous, highly repetitive or generally unsuited for humans. Laboratory Automation applications are used to speed the effort of drug discovery for pharmaceutical and biotechnology customers.
Thermo CRS Limited
http://www.thermo.com
info.labautomation@thermo.com Mailing/Location Address:
5250 Mainway
BURLINGTON, Ontario
L7L 5Z1
Tel.: (905) 332-2000
Tel.: (800) 365-7587
FAX: (905) 332-1114 Logo
A world leader in high-tech instruments, Thermo Electron Corporation helps life science, laboratory, and industrial customers advance scientific knowledge, enable drug discovery, improve manufacturing processes, and protect people and the environment with instruments, scientific equipment, services, and software solutions. Based in Waltham, MA Thermo Electron hase revenues of more than $2 billion, and employs approximately 11,000 people in 30 countries worldwide. Thermo Electron, Laboratory Automation and Integration automates laboratory processes by manufacturing and integrating modular foundations, mover hardware, plate-storage devices, and automation software for systems from benchtop through to ultra-high throughput screening applications for genomics and proteomics research. Thermo LAI is located in Burlington Ontario, Canada.
Why robotics you ask?
Agricultural robot market is estimated to reach $16.3Bn market by 2020 from $817Mn in 2013. Robots are being used more widely than expected in variety of sectors and the trend is likely to continue for next few years. The robotic platforms are capable of site-specific spraying used for spraying only on foliage and selected targets. It can be used for selective harvesting of fruit. Robots can detect the fruit, sense its ripeness and softly detach only ripe fruit. Agricultural robots address automation of process in agribusiness. The challenge being addressed is to guide farmers towards a new economic model and meet demands of global market. Herbicides can be virtually eliminated using robot technology as it is deploying machines for weed control.
http://robotics.cioreview.com/news/robotics-set-to-influence-healthcare-agriculture-and-home-needs-report-nid-6493-cid-75.html
------------
Nothing I state is intended to be a recommendation to buy or sell, opinion only. Readers are solely responsible for how they use the information.
Moderator. Update of the profile would be appreciated over the weekend. We have a big week coming, so updated information would help!
Don't get shaken down by shorters. PR's coming soon. Check bio of CEO.
http://www.bloomberg.com/research/stocks/people/person.asp?personId=126888821&ticker=HCRE
Mr. John S. Wilkes, M.B.A., C.P.A., C.A., has been the Chief Executive Officer and President of Atlantic Wind & Solar, Inc. since April 2015. Mr. Wilkes serves as the Chief Financial Officer, Secretary and Treasurer of HemCare Health Services Inc. Mr. Wilkes served as President and Chief Executive Officer of Bio-Carbon Solutions International Inc. until January 25, 2011. Upon obtaining his designation he worked privately for a brief period of time before joining Coopers & Lybrand in Toronto, Canada. While there he focused on insolvency and Mergers and Acquisitions. In the early '90's Mr. Wilkes joined a junior investment bank called Peagun Corporation where he spent most of his time evaluating environmental technologies. Since 2005, Mr. Wilkes has been an Independent Investment Management Professional, making private investments in both private and public companies that, for the most part, have their core business in the environmental space. He serves as Director of HemCare Health Services Inc. Mr. Wilkes served as a Director of NSU Resources, Inc. (Bio-Carbon Solutions International Inc.) from October 29, 2010 to October 2011. Mr. Wilkes has worked in Asia and, over the years, has developed a vast network in this region. Mr. Wilkes earned his C.A. designation with Price Waterhouse in Toronto, Canada.
I hear two more PR's will be coming soon. We're just getting started all, next week will be EPIC. Have you seen the stock prices for most robotics companies?
----------------------
TORONTO, September 15, 2015 /PRNewswire/ --
Great Rock Development Corp (OTC: GROC) is pleased to announce the signing of a Letter of Intent to acquire an autonomous robotics company.
The target company brings a wealth of experience and knowledge to Great Rock as it is an established leader in the Automation Industry and has the technological reach to target several vertical markets.
The parties have been undergoing extensive due diligence and hope to finalize the transaction in the next few weeks. Both parties are operating under a non disclosure agreement until such time as the binding agreement is executed.
Further Stock cancellation
Strengthening our balance sheet and corporate structure further, Great Rock expects to cancel an additional 40,000,000 common shares in the next week. The cancellation will bring the issued and outstanding stock to less than 88,000,000 shares pre acquisition.
Management looks forward to sharing more information on our progress.
moderators.
Would it be possible to update the profile information to better reflect the future direction/contact for GROC. It would help new members/investors better come up to speed quicker, and not confused with chat vrs profile information.
======
Today's global marketplace demands efficiency. At Great Rock we design automated solutions to cut labour and energy costs while improving speed and efficiency within the workplace. From agricultural fields to manufacturing and big box super stores, from urban skyscrapers to remote mining operations Great Rock can automate and reach peak efficiencies for your business.
Website: http://www.greatrockdev.com
Phone: 416-568-9051
Email: info@GreatRockDev.com
The number for OTC complaints on issues like this is 240-386-5105. Make the call, complaining on chat does nada.
Hold on for the ride all. More news coming with at least two PR's. That is what I am hearing from CROC.
------------
Nothing I state is intended to be a recommendation to buy or sell, opinion only. Readers are solely responsible for how they use the information.
As you can see AIM has a vested interest with 20% or more now ownership of the company.
C. Beneficial Owners (directly or indirectly) of More than 10%
Roofline Limited 40,000,000 shares 19.3%
Derry Partners Limited 40,000,000 shares 19.3%
Aim International Ltd. 40,000,000 shares 19.3%
On May 12, 2015 The Company issued 120,000,000 restricted shares of the Company’s common stock
to Aim International Associates Group pursuant to an international Business Development agreement
entered into on the same day.
Dennis,
What reference to AIM are you referring to?
I sent you a P.M.
Can someone explain why/how it's possible to purchase 900,000 shares at .000001? and we have no knowledge before or after.
I noticed that transaction went through today.
From what I am hearing the deal closes by the end of the month. In the works from June.
http://www.greatrockdev.com/
Great Rock Development in negotiations to acquire robotics and navigation company
June 21, 2015 Toronto ON Canada, Great Rock Development in negotiations to acquire robotics and navigation company to further efforts into the autonomous mining sector. The negotiations follow a refocused effort into the mining sector directed at opportunities to provide energy production and efficiency. The negotiations if successful would greatly enhance the Company's prospects within the industry and could compliment other areas of autonomous demands.
Great rock has images of Clearpath robotics on their website, but the kicker is their updated profile yesterday on OTCMARKET.
http://www.otcmarkets.com/stock/GROC/profile
Today's global marketplace demands efficiency. At Great Rock we design automated solutions to cut labour and energy costs while improving speed and efficiency within the workplace. From agricultural fields to manufacturing and big box super stores, from urban skyscrapers to remote mining operations Great Rock can automate and reach peak efficiencies for your business.
As stated yesterday. News coming with merger.. Clearpathrobotis.
Do your own DD. Clearpath if correct will be huge. Hold long, merger started on June 21st, and will not be much longer to close.
Great Rock Development in negotiations to acquire robotics and navigation company
June 21, 2015 Toronto ON Canada, Great Rock Development in negotiations to acquire robotics and navigation company to further efforts into the autonomous mining sector. The negotiations follow a refocused effort into the mining sector directed at opportunities to provide energy production and efficiency. The negotiations if successful would greatly enhance the Company's prospects within the industry and could compliment other areas of autonomous demands.
New direction with updates I hear coming soon.
http://www.otcmarkets.com/stock/GROC/profile
Business Description
Today's global marketplace demands efficiency. At Great Rock we design automated solutions to cut labour and energy costs while improving speed and efficiency within the workplace. From agricultural fields to manufacturing and big box super stores, from urban skyscrapers to remote mining operations Great Rock can automate and reach peak efficiencies for your business.
Bottom today. one trade 388970@.0026
I spoke with John wilks and he indicated more news coming shortly, plus someone from investor relations will call me to discuss further.
Will update as I hear from IR.