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EXACTLY ADANAC! THOSE CLAIMS ARE WAY OFF BASE FROM REALITY. THEY ARE SIMPLY MADE UP! The company has not and never sold any shares on the open market. And your DD proves that.
No WAY ANY INVESTOR WILL ACCEPT SHARES FOR THE EXACT AMOUNT THAT THEY ARE INVESTING DON'T BE SILLY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
So lets see....I will borrow you cash for shares but expect no return and then go and sell those shares on the open market and it may take months for me to sell those shares....a losing transaction for the borrower.
boy the crazy stories of the company dumping and insiders dumping is just plain silly.
Great info adanac, thank you!
adanac, I know it's silly to think that anyone would borrow PYCT money in exchange for shares worth the same amount that they borrowed! no return?? LOL I would bet none of those sold for financing have been sold yet. NONE OF THEM
"the company has done" Really? When? Since 2006 they have not sold one share on the open market. Sorry!!
Who knows but it will be good no matter what because it has been over one year since last contact. They have had to be up to something.
It will be this week, don't worry be happy!
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.
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.
Historical news releases on the Company can be found at http://www.paychest.com/news.htm.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's filings with OTC Markets http://www.otcmarkets.com/stock/PYCT/financials.
Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made.
TOP 10 REASONS PYCT IS A GOOD INVESTMENT;
1. The Market Sector is approx $85 BILLION.
2. Has NOT SOLD one single share on the open market in 7 years.
3. Has completed a 2nd DTCC CONFIRMED STOCK AUDIT.
4. Company did a stock buyback program.
5. Company plans to purchase the film operations from Xinpro Manufacturing which will increase margins and income.
6. Has a product that was sold world wide and will be once again.
7. Global Diapers Market Will Reach USD 63.2 Billion by 2017
8. The company has invested $millions of dollars since 2009, and has not sold one single share. They must have something really big here.
9. The film used in their products can be used in hundreds of products.
10. THE PRICE IS .0001 AND CANNOT GO LOWER, IT'S ONLY GOING UP.
I have to add just one more!
11. The global sanitary protection market, including pads, pantyliners, tampons and wipes, increased from $24.2 billion to $26.5 billion between 2010 and 2011.
LINKS TO BACK MY DATA:
http://www.nonwovens-industry.com/issues/2012-11/view_features/the-feminine-hygiene-market-847209/
http://beforeitsnews.com/press-releases/2013/03/global-diapers-market-will-reach-usd-63-2-billion-by-2017-transparency-market-research-2743644.html
We've heard words like "scam" a thousand times the last 9 years and yet PYCT continues to trade and continues to improve the stock and company. 2 DTCC stock audits, have not sold one share on the open market in over 7 years....the list continues. $1.2 million dollar contract and 6 more contracts coming.
"after dumping 5 billion shares" Those shares cannot have been sold because they were just converted about 4-6 weeks before the DTC CHILL and there was hardly any volume, so the answer is NO, THAT OPINION IS WRONG!
The DTCC would have never wasted their time with a company who did not prove their credentials and who is legit. The 2nd DTCC stock audit took about 8 months.
They would have sent a recommendation to the SEC to have it de-listed. PERIOD
We've heard words like "scam" a thousand times the last 9 years and yet PYCT continues to trade and continues to improve the stock and company. 2 DTCC stock audits, have not sold one share on the open market in over 7 years....the list continues. $1.2 million dollar contract and 6 more contracts coming.
TOP 10 REASONS PYCT IS A GOOD INVESTMENT;
1. The Market Sector is approx $85 BILLION.
2. Has NOT SOLD one single share on the open market in 7 years.
3. Has completed a 2nd DTCC CONFIRMED STOCK AUDIT.
4. Company did a stock buyback program.
5. Company plans to purchase the film operations from Xinpro Manufacturing which will increase margins and income.
6. Has a product that was sold world wide and will be once again.
7. Global Diapers Market Will Reach USD 63.2 Billion by 2017
8. The company has invested $millions of dollars since 2009, and has not sold one single share. They must have something really big here.
9. The film used in their products can be used in hundreds of products.
10. THE PRICE IS .0001 AND CANNOT GO LOWER, IT'S ONLY GOING UP.
I have to add just one more!
11. The global sanitary protection market, including pads, pantyliners, tampons and wipes, increased from $24.2 billion to $26.5 billion between 2010 and 2011.
LINKS TO BACK MY DATA:
http://www.nonwovens-industry.com/issues/2012-11/view_features/the-feminine-hygiene-market-847209/
http://beforeitsnews.com/press-releases/2013/03/global-diapers-market-will-reach-usd-63-2-billion-by-2017-transparency-market-research-2743644.html
That is WAY BETTER than selling on the open market!
In the end $PYCT$ will prevail, they will have their products in many retailers around the planet. And time will tell who is right and who is wrong.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Global Diapers Market Will Reach USD 63.2 Billion by 2017: Transparency Market Research
http://beforeitsnews.com/press-releases/2013/03/global-diapers-market-will-reach-usd-63-2-billion-by-2017-transparency-market-research-2743644.html
NEWS COMING*****IR CONFIRMED*****
TOP 10 REASONS PYCT IS A GOOD INVESTMENT;
1. The Market Sector is approx $85 BILLION.
2. Has NOT SOLD one single share on the open market in 7 years.
3. Has completed a 2nd DTCC CONFIRMED STOCK AUDIT.
4. Company did a stock buyback program.
5. Company plans to purchase the film operations from Xinpro Manufacturing which will increase margins and income.
6. Has a product that was sold world wide and will be once again.
7. Global Diapers Market Will Reach USD 63.2 Billion by 2017
8. The company has invested $millions of dollars since 2009, and has not sold one single share. They must have something really big here.
9. The film used in their products can be used in hundreds of products.
10. THE PRICE IS .0001 AND CANNOT GO LOWER, IT'S ONLY GOING UP.
I have to add just one more!
11. The global sanitary protection market, including pads, pantyliners, tampons and wipes, increased from $24.2 billion to $26.5 billion between 2010 and 2011.
LINKS TO BACK MY DATA:
http://www.nonwovens-industry.com/issues/2012-11/view_features/the-feminine-hygiene-market-847209/
http://beforeitsnews.com/press-releases/2013/03/global-diapers-market-will-reach-usd-63-2-billion-by-2017-transparency-market-research-2743644.html
PYCT can only GO UP FROM .0001, I would buy all you can because news is on deck.
That's right, it's all about the buying pressure and legal aspects that will force the MM's to cover their mess.
PYCT will beat them with a real business and real products and real sales.
PYCT CAN ONLY GO UP FROM .0001
This is the MARKET MAKER that is on the level 2 filling out BUY orders with air.
On Tuesday they closed (one hour before the close) after about 20 million shares went through and PYCT went .0001 x .0002
Then they re-opened 15 minutes after the close of the market at .0001
Then Wednesday morning they opened with an ask size of 451+ million then Thursday they opened with an ask size of 10,000 LOL
They are NITE's little sidekick helping NITE to hold or short PYCT and keep it at .0001 replacing VFIN
VFIN ran away and can no longer trade PYCT for NITE because of legal proceedings is my guess.
FLUSHAWAY WAS IN MANY RETAILERS SINCE 2006 INCLUDING WALMART
I highly doubt that is the case, it's more likely that they just made up the number to give the appearance that there were a ton of .0001's sitting there.
Why did CSTI close 1 hour before the close on Tuesday then PYCT went .0001 x .0002? Then CSTI re-opened 15 minutes after the close at .0001
TOO MANY TRICKS AND SCAMMY ACTIONS BY THE MM's
CSTI (Canaccord Genuity Inc) has been a BAD MM, look at all the fines for their wrong doings.
Go to these links and type copy paste:
Canaccord Genuity Inc
Then you will see there Canada office too, look at both, they have had about 27 VIOLATIONS!!!!!
http://brokercheck.finra.org/Support/ReportViewer.aspx?SearchGroup=Firm&FirmKey=1020&BrokerKey=-1
THEIR CANADA OFFICE
http://brokercheck.finra.org/Support/ReportViewer.aspx?SearchGroup=Firm&FirmKey=7449&BrokerKey=-1
Canaccord Genuity Inc
Wonder what happened to the other 450,000,000 shares CSTI had?
TOP 10 REASONS PYCT IS A GOOD INVESTMENT;
1. The Market Sector is approx $85 BILLION.
2. Has NOT SOLD one single share on the open market in 7 years.
3. Has completed a 2nd DTCC CONFIRMED STOCK AUDIT.
4. Company did a stock buyback program.
5. Company plans to purchase the film operations from Xinpro Manufacturing which will increase margins and income.
6. Has a product that was sold world wide and will be once again.
7. Global Diapers Market Will Reach USD 63.2 Billion by 2017
8. The company has invested $millions of dollars since 2009, and has not sold one single share. They must have something really big here.
9. The film used in their products can be used in hundreds of products.
10. THE PRICE IS .0001 AND CANNOT GO LOWER, IT'S ONLY GOING UP.
I have to add just one more!
11. The global sanitary protection market, including pads, pantyliners, tampons and wipes, increased from $24.2 billion to $26.5 billion between 2010 and 2011.
LINKS TO BACK MY DATA:
http://www.nonwovens-industry.com/issues/2012-11/view_features/the-feminine-hygiene-market-847209/
http://beforeitsnews.com/press-releases/2013/03/global-diapers-market-will-reach-usd-63-2-billion-by-2017-transparency-market-research-2743644.html
With a SHORT of about 80 BILLION, no wonder .10+ will be easy
LOL!!!!!! PYCT IS THE PERFECT STORM FOR SHORTERS.
My BUY order for 5,000,000 is still NOT FILLED from Yesterday
TOP 10 REASONS PYCT IS A GOOD INVESTMENT;
1. The Market Sector is approx $85 BILLION.
2. Has NOT SOLD one single share on the open market in 7 years.
3. Has completed a 2nd DTCC CONFIRMED STOCK AUDIT.
4. Company did a stock buyback program.
5. Company plans to purchase the film operations from Xinpro Manufacturing which will increase margins and income.
6. Has a product that was sold world wide and will be once again.
7. Global Diapers Market Will Reach USD 63.2 Billion by 2017
8. The company has invested $millions of dollars since 2009, and has not sold one single share. They must have something really big here.
9. The film used in their products can be used in hundreds of products.
10. THE PRICE IS .0001 AND CANNOT GO LOWER, IT'S ONLY GOING UP.
I have to add just one more!
11. The global sanitary protection market, including pads, pantyliners, tampons and wipes, increased from $24.2 billion to $26.5 billion between 2010 and 2011.
LINKS TO BACK MY DATA:
http://www.nonwovens-industry.com/issues/2012-11/view_features/the-feminine-hygiene-market-847209/
http://beforeitsnews.com/press-releases/2013/03/global-diapers-market-will-reach-usd-63-2-billion-by-2017-transparency-market-research-2743644.html
Why pyct is considered a BEST BUY:
TOP 10 REASONS PYCT IS A GOOD INVESTMENT;
1. Has a product that is biodegradable.
2. Has NOT SOLD one single share on the open market in 7 years.
3. Has completed a 2nd DTCC CONFIRMED STOCK AUDIT.
4. Company did a stock buyback program.
5. Company plans to purchase the film operations from Xinpro Manufacturing which will increase margins and income.
6. Has a product that was sold world wide and will be once again.
7. They are now on the 4th generation of the biodegradable film, which proves that this product is worth the investment.
8. The company has invested $millions of dollars since 2009, and has not sold one single share. They must have something really big here.
9. The film used in their products can be used in hundreds of products.
10. There are people that are paid to talk bad about PYCT.
Consolidated Ecoprogress Technology Inc. (CET), together with manufacturing partner Paychest Inc., makes and distributes biodegradable and disposable absorbent products, including diapers, incontinence products, and femine hygiene products. Every part of its Flushaway-branded feminine hygiene products degrades completely within 28 days of disposal; the product is flushable and begins to break down immediately upon contact with water in the toilet bowl. Wal-Mart is one of the company's biggest clients.
http://www.hoovers.com/company-information/cs/company-profile.Consolidated_Ecoprogress_Technology_Inc.37c1dd3afdb13d13.html
That means the MM's are NOT SHOWING THE BID
I never got filled, I thought there were so many available at .0001? LOL
COME ON CSTI FILL MY ORDER!!!!!!!!!
HERE IS YOUR ANSWER TRUM:
Sometimes 2-4 years or more, even if production is ready. You see, a retailer will not even consider your product unless you can produce it. So I would say the company started sales efforts around December of 2011.
Some retailers like Target Stores only change their planograms every 12 months, so that means it might take 2 years to get into Target Stores.
Answer your question?
I know there are other people trying to buy as well, I think the MM's are waiting for this news to come out.
WHY AM I NOT GETTING FILLED?? IF THERE ARE SO MANY .0001's available