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$116 trade to paint the tape at $0.0002
Looks like the pump and dump is on
Time & Sales
Price Size Exch Time
0.0002 580000 OTO 15:44:51
Price manipulation attempts, too?
a 2 cent trade at $0.0002
a $20 trade at $0.0002
Could this be the Mario Pino team trying to artificially inflate the price to make it look like it is trading higher? Beware
PYCT showing no bid again.
Looks like the paid stock promoters are really trying to dump their shares at $0.0001.
Looks like PYCT needs a reverse split soon
Just so the stock price can drop 90% or more. The bloated share pool and lack of financials an other disclosure makes this one more than suspicious (See warning about PYCT on pinksheets dot com, when viewing the quote for PYCT).
Carl - the new gadget is LOL
and not from HOP-ON
http://www.beyondetech.com/html/products/HDV-D9PLUS.asp
Do you suppose PM was also trying to re-sell some of this co's phones, too, while claiming they were actually hop-on's?
tytewurk - it is over 2.4 billion O/S
See IBOX
Stock Information
Outstanding Shares
2,407,057,448 as of Jun 26, 2009
Authorized Shares
2,500,000,000 as of Jun 26, 2009
CALL TA BEFORE BUYING TO SEE IF MIKE ISSUED MORE SHARES.
hop - no it isn't PYCT is almost flat broke. Only around $1,500 left in their troffers, at last report. No revenue coming in, either.
They still owe almost $4,000 to old paychest customers who made deposits and can't use their money.
HRNF now trading in the $0.0004's
Expect $0.0001 soon, too.
The price manipulators may try to paint the tape to make sure it closes at $0.0005, though.
Ask Pagnano about liabilities
Ask why they PR'd that they are debt-free, when Florida indicates many judgment liens and there also appears to be a court judgment against the company. Was Pagnano lying in the PR and in their financials? Will they need to re-state financials to correct this error? Have they contacted the SEC to explain why they claimed to be debt-free?
Nice 9.2 million dump after the close at below $0.0001
Time & Sales
Price Size Exch Time
t 0.00 9229000 OTO 16:05:03
The paid stock promoters are the ones TRYING to generate interest.
This is also why PYCT puts out fluff PR's instead of the required financials and other disclosure. They NEED to help the sellers get out with a profit at $0.0001.
They would love to sell their discounted shares for $0.0001.
PYCT is still at no bid, though.
Banana - what Hong Kong businesmen? LOL Your post directly contradicts what is now known, doesn't it? Seems to contradict what PYCT put out previously, too? Is it an old lie or a new one?
Posted by: Banana Date: Thursday, August 13, 2009 1:25:33 PM
In reply to: Dominion Melchizedek who wrote msg# 46883 Post # of 48602
The financials are being revised, as I understand it. Thus, the delays. Relax. The preferred were purchased by a group of Hong Kong businessmen. These people have a very big stake in Paychest/Flushaway. They will not let it fail.
h2 - PYCT is almost flat broke. They can't buy back anything.
HRNF getting closer to $0.0001
Does anyone know if they raised the share authorization to 5 or 10 billion shares? They were almost at their 2.5 billion share limit last week.
Dip66 - it is still NO BID
Looks like quite a bit of selling today AGAIN
Probably company shares diluting the share pool again.
Especially if the SEC suspends trading for failing to provide timely financials. Sure sound a little suspicious that they moved operations to Canada, even though Pillay is based in Cali and he is the agent in Arizona (state of incorporation).
Yep Pearlie did deals with this company. The SEC is really going after her. Since they are unable to find her, they are now publishing notices for her, after the court agreed.
They even caught here before she was able to change the ticker again. I wonder if Pillay (PYCT CEO) was intimately involved?
pumpers not even talking market cap, which is ridiculous at $0.0001, let alone what they claim this thing will run to in the next pump/dump.
I'm expecting a 1:300 reverse split, so the price can drop even lower. The SEC isn't letting many do the old divvy scam like Pino was doing so often. Just look at what happened to WSSE and XMET....LOL
hop - PYCT is at NO BID (accumulations....nope)
Just the same old Mario Pino sheep hoping the pump/dump comes quickly.
That's why we even have the paid stock promoters posting. They have tons to sell and would love to sell at $0.0001.
Another published Warning about PYCT
from pinksheets
Indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or Pink Sheets. Companies in this category do not make Current Information available via Pink Sheets News Service, or if they do, the available information is older than six months. This category includes defunct companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.
Warning - This company may not be making material information publicly available.
If you are an affiliate, employee, insider, or any person in possession of nonpublic material information about this company, please be advised that buying or selling this security may constitute trading "on the basis of" material nonpublic information prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators of these laws are subject to civil and criminal penalties.
What is insider trading?
Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security.
Rule 10b5-1 provides that a person trades on the basis of material nonpublic information if that person is "aware" of the material nonpublic information at the time of the purchase or sale.
Affiliates, insiders, relatives, or other persons in possession of material information should use extreme caution when buying or selling securities on the basis of material information, particularly in securities where the company is not making adequate current information publicly available as a matter of practice.
Why is Pink OTC displaying this warning?
Companies that are identified on pinksheets.com as having “No Information” may be placing their shareholders at risk of violating 10b5-1 insider trading rules. Pink OTC Markets recommends that investors wishing to place a trade in such securities contact the company to verify it is making adequate current information publicly available.
PYCt stuck at no bid, but I imagine there will be a few suckers posting here that will get scammed into buyinf shares at $0.0001.
Dip66 - it is called manipulation and pump/dump.
They would love to find more people dumb enough to buy at $0.0001 with 20+ billion sjhares out, no financials, and no disclosure as to how they are making that couple thousand dollars cash on-hand pay fopr stock promoters and $120 press releases touting the papper being sold.
PYCT sitting at NO BID
Looks like the pump/dump crowd is trying to hype this so they can sell before PYCT does the inevitable reverse split.
cherrob - refer to message #23795 and #23809
and note that HRNF may apply for a patent, but it appears to be already owned by someone else.
HRNF may have to pay the patent holder a license fee for anything they try to sell or advertise related to delivery system (gum) and gum with antioxidants.
red gethtepaper claims he is not paid and has not got any shares of HRNF to promote it. Apparently just got stuck with shares after getting sucked-in by other stock promoters/boards
Those promoters got at least 1/4 billion shares from HRNF and a third party, per the info I saw.
So paper and PIZZA are stock promoters....no wonder they don't mention how they really feel about this dilution nightmare. They only make money if they can get someone to buy their shares.
redfisher -paper must disclose that conflict of interest, being a stock promoter, if he got even one share from HRNF or a third party....per IHUB rules covering stock promoters.
If you see the promoter doing differently, then the moderators should be notified.
No wonder paper is so optomistic. Obviously he has tons of shares to sell...to anybody willing to buy at these high prices.
paper - nope, market cap is already far too high at these prices.
Price will likely see $0.0001 and no bid as investors learn what Pagnano has been doing to the share pool (massive dilution)
Most will be happy to get out at #0.0003 or lower.
cherrob - resistance? are you kidding?
technicals and resistance/support do not apply to a company that has been dumping billions of dilutive shares and where almost all trades involve those dilutive shares being issued.
Do the math after looking at dailing volume trend and you can actually see this.
are you related to the banned MDSObirdie character, or did you just get shares to prote this POS?
Thus no financials issued. He'd have to reveal administrative costs, which would include his salary.
We'd also know a little morre (maybe) about how many shares he has been dumping to pay for services or promotion (or maybe a cut of the dilution for himself?)
RE: bogus patent filing
He also would not have told anyone he would be filing a patent application before the patent app was actually filed.
He would risk me filing a general patent application covering similar (but broad) ideas and requiring HRNF to license the patent from me before selling any product.
That's why I posted the patent search I did, where I found almost the same delivery system is already covered by a patent that was granted in 2003.
It now looks like Mike just put out that fluff PR to help dump even more shares. Is anyone surprised. The Barney Fife of the penny stock world strikes again, IMO.
red that's what I saw on the sheep disclosure. Yes, they got hundreds of millions of dilutive shares, from either a "3rd party" and/or HRNF itself, for stock promotion activities.....all while HRNF stock was already under heavy distribution (dilution).
learning - you may be right, but it is doubtful they would be able to have a patent on the delivery system for delivery of anti-oxidants. That appears tpo be well covered in the patent I posted in my previous message.
Carl - here's some HOP-ON phones for sale
Can find them on EBAY, Long Beach Cali location (did Peter move?)
Note: all are defective...LOL
..................
LOT OF 5 HOP-ON 1806 CELL PHONE GSM FOR PARTS OR REPAIR
This auction is for 5 Hop-On 1806 phones.
These phones are in good condition but they are defective so they are being sold as-is for parts or repair. We could not get any of them to power up.
Sold as-is!
HRNF late to the patent race...LOL
There are also patents already in place covering medicine and other drug delivery, etc (nicotine, etc)
US Patent 6582738 - Process for preparing chewing gum containing a nutritional supplement
US Patent Issued on June 24, 2003
Estimated Patent Expiration Date: November 27, 2021
Yep almost no volume at all. Looks like buyers are avoiding this thing like the plague. All except the sheep promoting this ailing company.
cherrob - again nonesense
there were 35 to 38 million shares immediataly upon the 2009 reverse split. Then HRNF begain diluting at exponentially-increasing levels.
Now there are at least 65 times the number of shares issued and outstanding than there were upon the 2009 reverse split, just months ago.
HRNF has increased the share authorization multiple times since then, contrary to the guidance given in Pagnano's fluff PR's.
Looks like you are plum full of the HRNF kool-aid! No quick cure for that ailment. Maybe you will have a different opinion after the next reverse split. Maybe even when you find they have again increased the share authorization to 5, 10, or 20 billion shares......all so they can continue dumping billion more shares on unsuspecting gullible bagholders that believe what HRNF and its paid stock promoters put out.
cherrob - nonesense. Technicals such as resistance and support do not apply to a company that has been and is diluting as fast as more suckers buy these shares from the finaceers getting them at huge discounts.