Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
New money will be brought in. Remember they have received funding somewhere that has kept the company running over the years and throughout the chill period. This funding that has kept the company running has got to really scare some folks or groups that want it dead. Killing this company will never happen. IMO.
Good luck PYCT longs!
JLWCat
Yes Anvil, that 100mm shares would be an issue if the float was locked and they closed them out without having the shares to close out. IMO, that could open a can of legal worms for the DTCC which some here say this agency cannot do any wrong.
Your statement of time limit for the chill is hilarious. We all know that cannot be true. It is just just as funny as one saying the 100 share sells were fee charges. Wouldn't you say that was funny?
Also, why would a top 50 most followed I-Hub member be following and posting on PYCT today, if it was truly a scam. Maybe PYCT is not a scam like you say. LOL.
Go PYCT!!!
JLWCat1
Pleeez Advil, is that your best opinion? Could it be that the DTCC closed some of the buyback shares without actually having the shares? That would be a real problem, wouldn't it be? I believe my opinion is more realistic.
JLWCat1
Trum, you will just have to wait for the company to update everyone.
JLWCat1
Wow, Trum you are amazing. Can't believe you are WRONG AGAIN in your assumptions. We will simply have to wait for the company to announce how they were able to fund operations all of these years. Mind boggling for you isn't it!
Go PYCT!!!
JLWCat1
LOL!!! Posts are from 2012. Let's reverse the scenario, if Lemon had stated it was new, you would have brushed it off. LOL!
Trum, your statement sounds like opinions to me rather than proof.
1) How do you know they didn't have any revenues coming from another company or private individuals?
2) How do you know if they are not grouping contracts together to annouce in a near future financial. That would make sense to me in order to bring the biggest impact.
3) For a company that was on a chill for 2 years. Where did they have the cash to survive all of this time. Cash had to be coming from somewhere for them to continue operations and pay for the legal fees. Bottom line, it came from somewhere? With funds coming in to run the operations, how do you know if they are not also funded to produce a product.
Since you have not provided proof, it seems that someone else is the story teller. Hint, it might be the one who claiming PYCT has no revenues, contracts, or cash. In reality, their statements are just opinions. Wouldn't you agree TRUM???
IMHO.
JLWCat1
Trum, do you have any proof/link that it is old CES product on the shelf or that PYCT has no product? I will await for your reply.
JLWCat1
Trum, you are wrong again. NSS can be hidden through self clearing. This is how groups such like Penson were able to hide the NSS from the fail to deliver reports. By clearing the shares, they were able to aalso collapse the PPS and keep it down without being caught. This is what happened to PYCT. Do some DD and read up on the recent actions on Penson from the SEC. Anyway, I'm sure PYCT's NSS will soon come out in the open. I'm guessing you already know that. IMHO.
Go PYCT!!!
JLWCat1
NSS is illegal and hidden. Why would you think there would be any open proof on it?
Mortalmyth, that is only your opinion. You have not provided any proof that the company has not done anything behind the scenes, while the chill was in place. How do you know if PYCT is being delayed by a regulators reviewing their releases or actions. This is something that is out of PYCT's control? I believe some of the company's furure actions may affect some financial institutions that have large NSS positions. You are asking the shareholders to contact Tom in finding information for you, but yet, you will not.
The company is always dotting their i's and t's. And for sure, they are not going to provide any info until they are ready to release it. Timing is very critical. Longs that continue to have patience will win big here. Those that follow the negative propaganda on the board will lose out on a major lifetime opportunity.
This is IMHO and I wish good luck to all of the true longs here.
JLWCat1
Trum, no matter who got the samples, the bottom line is that they have a product. You can twist it anyway you want, it is a product.
End of story!
JLWCat1
Trum, when the company sent out samples, that was your clear indication that they had a product. They don't have to be on the shelf to be a product. Your definition is that you want to see it on the retail shelf and then you'll believe they have a product. I've managed for many large manufacturing companies and your statement of lack of product is incorrect.
To verify that the Feminine and Hygiene Products research report is a current report, go to PAYCHEST's last post and click on the link provided. CNBC put out their news release on May 14, 2014. Then click on CNBS's link provided in the news release to get into the research report. Note that the report was published March of 2014. I still can't understand why you are telling everyone on the board that this report was 5 years old? That can be highly misleading.
JLWCat1
Freedom4,
Thank you for your private message. Unfortunately, I do not have private message capabilities and I am only limited to 3 messages a day at this time. Hang on to your shares, for our time is coming. Their recent news releases are a good sign that big things are happening. It is only the tip of the iceberg of greater things to happen. GLTU my friend.
JLWCat1
Trum, you need to have patience. PYCT has a product and is working on getting it to the retail stores, pps and revenues will follow. I also really believe that the company is doing something behind the scenes to bring the O/S down.
If the report had no revelance, why would CNBC release the report the other day. They wouldn't risk their credibility like that. If you click on the link, the actual report was published in 2014. I am not sure why you are telling everyone the report is 5 years old?
JLWCat1
Paychest,
Thank you for the DD and link. I wish other folks that are against this company would to provide links to back up their statements, which are mostly just unsupported opinions.
Trum,
Did you see that Paychest, Inc is on the Selected Global Players? This company is for real and not a shell. This DD is what I called solid proof.
JLWCat1
Crazyjerry, these 5 pieces of news are just scratching the surface. There will be a lot more from PYCT with way more impact. Dividends, mergers, additional share reductions/retirements, sales and more sales, royalties, joint ventures, sale of the company? And the list goes on and on.
Good luck my friend.
JLWCat1
Crazyjerry, be careful with what you say. Some folks do not like that we are pro PYCT, vocal, that the DTCC had lifted the chill, and the company is making progress again. Resorting to tac tics being used to silence PYCT longs here.
It doesn't matter what is done, PYCT will win. When the chill was lifted, it surprised and scared alot of nay folks here. There is continued PYCT accumulation. The chill was their last major prayer for the MMs and now it is gone. I wouldn't be a bit surprises the SEC monitors this board. GLTY!
JLWCat1
Trum, great chuckle post you have there. LOL. Thanks for the laughs!
Cooltabby, what I'm afraid will happen to you is that you'll end up chasing the stock. I believe you stated that you own less than 3 million shares. I still find that odd for a moderator. However, the MM's at some point will let this run. The bid stack is very thin and it wuould not take much for it to jump. If it's chasing you want at a higher price, you will get it. My opinion, pull the trigger and get as much at these cheap prices. No guts, no glory! GLTY.
jlwcat1
Hey Trum,
Yes it is wishful thinking on your request for a R/S. By the way, 15 minute have gone by and we haven't seen your cut and paste post of "Proven FACTs/Truth about pyct". LOL. So much effort put in to make us all laugh.
IMO, it looks to me like the company has started to buy back the remaining balance of the 1st share buyback. I plan to see a whole lot more share buybacks in the future after this one.
CJ, being new here on I-Hub, I am only limited to three messages per day. I previously only posted on the Raging Bull Board for years. I agree with you, there will some wealthy individuals made here from PYCT. You and I included. Patience is key and I do not feel our wait will be too much longer. I know you have been here a long time.
I believe a lot of the delays were not all of the company's fault. Yes, they were dotting their i's and crossing their t's. They also had to deal with the many regulators to get their actions through. And don't forget, the MMs also probably used a full bag of tricks trying to delay or trying to stop the company. The MMs want to badly shut this company down and hope they go backrupt. They have way too much to lose by covering if PYCT succeeds. By backrupting PYCT, the MMs are allowed to close out their enormous short position and not cover, keep the money they made shorting pps down, and not pay taxes to the govt. The is ultimate goal for those that NSS.
So hang on and don't let yourself be discouraged by the delays and the naysayers. Let PYCT complete their business plan. Making lots of money in the stock market takes time. This is IMO. GLTY.
jlwcat1
Thank you CJ. I am always looking at increasing my position in this stock. Especially, since the chill is lifted. IMO, how much will depend on sequences of news releases presented by the company in the future. I am looking for quarterlies, results of the company's share buyback, new contracts, potential dividends, new reduced share structure, sales forcasts, mergers, etc.
Wouldn't it be great if the company announced that it owns and has locked the the entire float? And to top it off they have obtained huge sales contracts and a buyer of the company? Talk about a grand slam. If the MMs do have a large NSS position, which I stongly believe, I do not see them able to cover all of the large number of shares owed; unless at a very huge price. The film used on the products is key for our success. GLTY.
jlwcat1
Those that are short or protecting the shorts should really be scared. The DTCC lifted the chill that was placed on PYCT for 2 years. PYCT will be able to now act on their business plan. Why would the company spend the money toward legal support to get the chill lifted unless they really do have the goods that will make the company very valuable? If the company was a scam, why didn't the SEC permanently shut them down during the 2 years that the chill was in place? The FACT is that the SEC didn't do it and therefore the company is clean.
Shareholders should continue to hold on to there shares more than ever. Naysayers will say anything now to get folks to sell. I've held on to my shares (tens of millions) with none sold for years and I am holding tight. I believe PYCT's planned products will have great value and demand. I wouldn't be surprised if PYCT had a buyer in the mist to buy the company. Why pay royalties to PYCT to use their patents when they can buy the company fairly cheap? They then control the competition and collect royalties themselves.
Another reason logically, is why would naysayers would stay and post on a stock, especially during a 2 year chill, 24/7, and own no or hardly any shares to make it worth while. This doesn't pass the common sense test. There seems to be a lot of these no life folks on many of the high potential company boards these days. Again, this is all IMO.
Your point exactly. MMs know something is up with PYCT and they want to accumulate.
Mr/Ms Trum, I am sorry I cannot believe your posts on PYCT. All I see are your opinions and no facts stated. You try to portait it as facts when it is truly only your opinion. I also have a question, weren't you accused by the good members of the PYCT board, in the past, for falsely stating you had spoken to someone at Green Gainers or something like that on the phone? Then it was proven by multiple members that the phone number you listed on your post that you claimed to have called was out of order. I believe there is a copy of that message floating around if you don't remember. If this is true, i do not believe you have any credibility here. In my opinion, false statements are unaccepted here.
PYCT is a great company that is coming back to life. I am fully loaded and may plans to buy more in the near future.
jlwcat1