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I'm confused. I read some of the recent posts and you said old posts don't matter. Then you post a news release from 2007? Shares were decreased to 17 billion but now are over 27 billion. What's up with that? And a 300 million share buy back in a 27 billion shares stock is nothing. That PR mentions Pillay who was the CEO. Why does the current CEO say anything in the PR's? Who is running this ship?
Does it? Why? Wouldn't be the first time a penny stock lied in a PR. In fact more lie than are truthful At any point they can say the deal fell through. Like I said, I'll take a harder look once a specific deal is announced with a name. I also hate this share count. Should be 28 million not 28 billion. That in my opinion, is holding back the price and keeping investors away. So no info on this Liani group? Why not?
This one had so much potential. Makes you have to be very careful in others that just have ideas. In the real world the stock is terrible.
Still watching this one. How many clubs do they still have and are they still getting paid royalties. This one is so quiet.
Negotiations? You have customer names and details? I have seen way too many of these with this type of PR's talking about negotiations and letters of intent that never come through. Future PR's then say, sorry the deal didn't come through. Maybe I'll take this more seriously and look harder when they have a major deal in place with a store or chain name so that investors can call and verify. They also have a huge share count. Someone mentioned funding by a Liani group. Any info on them or a contact phone number?
Sorry I did due diligence on this one and this one has 27+ billion shares. No thanks. Way too many shares.
The company needs to immediately put out a PR and clear this up. It is obvious by the Edgar file they wanted to do this. Very sneaky. A 1 for 1000 on a 155 million share stock? Their explanation in the Edgar filing is ludicrous. As I said their preferred shares don't get reversed. I won't be buying anymore of this stock. Highly unethical what they did or intended to do with this filing.
Hmm very interesting. So you were selling as you were telling people to buy? As I recall you lambasted people for even saying they were taking profit at .08 or higher or really any level. And very few sold for higher than .13 I sold a bunch at around .12. Most sells were at .13 or less not the absolute high. The truth becomes clear now. All we read from you at all levels, was buy, buy, buy. You were selling.
What??? I recall you were saying this was going to .15 or .20 So now you are saying you sold shares? You were telling everyone to buy at .10. If you didn't sell and bought shares higher than that other guy you may be more stupid than him. So did you sell shares when you were telling others to buy? If you didn't sell either you are as stupid as that lakers guy you just called stupid. If you did sell you deceived people.
Appears no one is buying. Do they still have their clubs?
Yes it appears they screwed us. The officers/managements preferred shares do not get reversed in a reverse split. Only the common. That's our shares. Management keep all their shares intact. Do the DD. The Edgar filing is there as well. Imagine reversing only 155 million shares to 155,000 and then authorizing the common to a billion as well. This is probably the worse reverse split I have ever seen. There was no need for one. Management keeps everything at the shareholder's expense.
Weird. They have screwed us. How can this be a bluff if there is an official Edgar filing that someone posted earlier? So they are going to reverse split from 155 million shares 1 for a thousand to 155,000 and at the same time raise the authorized to one billion? Makes no sense but the filing is there. Has anyone called the company. I don't think preferred shares get reversed as well, only the common. They have really screwed us. Read this all.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8278949
Sadly my DD says nothing. I could not DD the money trail and I couldn't becasue there wasn't any. I couldn't find a Hong Kong group. Now we see they have a toxic convertible. And as Anvil pointed out these financials were put out quickly with little regard for content leaving out real expenses and goings on. I have to agree with some and say this is all being made up. I'll do what Trum does and flip at .0002 if we even ever see that. Seems from my DD when I went back and read posts is that every December talks about how much money will be made the next year. Next year never comes.
You are correct. My early DD showed that nothing was in place and claims that contracts and product shipped were outright lies. I never could find a money trail either. And the financial put out now shows they have a convertible loan. At least I only paid .0001. Doubtful they can get this to market. Not enough resources.
Looks like my 2 million shares of PYCT will remain stuck. I am very disappointed that there have no been follow up PR's and not a word from management. At least I can try and sell out at .0001 and just lose my commission. This appears to be a bogus stock just like CMKX was. Seems some here are holding those bags too. PYCT seems very fishy and could end up the same way. Since I hold such a small amount I will just wait. Not expecting this to go though. Would like at least a double.
All my DD in all penny sticks has never revealed a short. If you are banking on a price increase based on a short you are sadly mistaken and naive in penny stocks. PYCT price will go up on its merits, product and whatever if does for real. Against it is it's massive share count. Thi salone wil keep lots of new buyers away who DD stocks.
I have my 2 million shares at .0001 so I have have very little risk. But personally I am sick of reading about shorts on all these subber boards. It doesn't exist in reality. And not one person has shown money behind this. Weird too they need two IR people. So we shall see. Don't hold your breath waiting for a short squeeze. Name one that has happened in a penny stock and when.
My bad. I figure most have the money to plunk down $200 for a million shares as a test buy rather than waste money on commissions. Instant fills at .0002 because that is the ask. If the ask is .0002 those complaining they can't get buys filled at .0001 have to pay the ask at .0002 not the bid. If this is going so high as so many post, seems strange that almost all will not even pay .0002 for such a winner.
Interesting numbers showing way less than one mullion shares bought at .0002. And some claimed here they bought today at .0002. I guess they were not being truthful. No surprise there. After all, after doing my DD I kept reading how product had been produced and shipped. Turned out to be untrue according to the last PR.
Not for now. I am the proud bagholder of others. I have to see more on the product and real numbers and an end to dilution and shares. Many of these will reverse in the next year or two. This one had potential at one point in time.
Product seems legit but massive dilution. Too scared to risk this one. Seems like they would reverse it as well.
Okay. Great.
Well this woke me up today as news crossed the wires but I find the news strange. If they have produced the product why not samples to all shareholders. Phases? And why a need for another IR person? They don't even need the one they have. The company could do it themselves. Is this PR a ploy to sell shares and get some more volume so they can dilute. Time will tell but they don't seem to file anymore. Past PR's I read during my DD ended up being all lies. So we shall see. Should be big volume tomorrow. I don't believe though how some are always buying. Don't you ever buy another stock?
Maybe my 2 million shares bought at .0001 will be worth something. Anyone find any info on this Tobie or is she yet another totally unknown person. Does she show up anywhere? After all they wrote:
"Ms. Oliver has substantial Sales and Marketing experience and is responsible for Product Sales in select marketing channels and assisting Tom Hands in Investor Relations."
Do any of these .0001 by .0002's move in this market. Very few do especially if there are a lot of shares.
Reverse splits rarely work unless they are small ones like 1 for 4. All the 1 for 100 ones and higher are just license for a company to issue more shares and the price always drops back down.
Anyone know when the E comes off? Any new sales contracts?
My recent DD showed that there really is no DD available on PYCT except talking to Hands which I did. And since he gets paid by PYCT for IR what do you expect him to say? And the same say news every week. They know nothing. I invested $200 at .0001 for a laugh. I would never put big money in this with it's history, lies and over 20 billion shares. Not to mention you can't talk to anyone that's in the company itself . Not even the transfer agent. This is Thanksgiving week so news this week is highly unlikely.
What? Old stuff from my phone calls. John Young and Jana Collins. I read when I did my DD wh wanted nothing to do with PYCT. More fantasy? MY DD shows Hands is the only one who can be contacted. All the others on the new board and CEO can't be found. Thus DDing PYCT is just about impossible.
Same garbage said in all these low priced stocks. The only thing holding back PYCT is PYCT itself. I have my 2 million shares now for yucks and giggles. A $200 investment for laughs. Still can't find anything in my DD that they have actually done. Everything being said they have is being made up. And confirmed by Hands. No samples yet.
I called Tom too the other day. Same thing said.
So a couple in particular are basically blatantly lying in post after post. No surprise there. Same was done in PYCT pay transfer from my DD as well. So not even a sample made and no product production done either.
The PYCT story gets even more absurd. Just when you think you have heard it all there are claims that people here have called PYCT to buy shares to cover a short. Talk about absurd. Pretty much anything seems to be made up these days. It is now proven there are no samples mailed. Most likely not even a product made. Pretty much everything supposedly done is being made up like it was in PYCT pay transfer. In reality this company has done nothing. I did get my 2 million shares at .0001 for laughs and giggles which cost me a whopping $200. I also talked to Hands and he said no samples have been mailed out and no one has called him for shares to cover a short.
After doing my DD and reading a lot of posts seems this is said just about every week. My conclusion is this company is not for real and has serious problems. As other have pointed out it all starts with money. Show me any money trail at all. Saying the Hong Kong group over and over doesn't cut it. By now they would have done all they needed to do. This HK group in my opinion was made up. For kicks and giggles this week I will buy $100 or $200 worth of shares at .0001 this week. It makes it more fun owning some. I would never put significant dollars in this one. Can anyone run this to a bid of .0002 where I would flip it? .0001 is the only price I would ever pay for this one.
Seriously, why do you continue to make things up? MY DD shows no product has been made. And didn't I read in a post you wrote where you don't get along with the IR guy and he doesn't even talk to you?
No one is calling Hands. 3 years? Yeah okay. Prove it. Name one or two companies. It's all being made up by you. Just like past financials showed dumping by the company o9r those paid for services. Ridiculous. You actually think the penny market revolves around PYCT a 20+ billion share behemoth that has never produced a dime? And at the helm Pino a crook, then Cerda who no one could find, Pillay who disappeared for nearly two years and also ran WMDH into the ground. Now this new clown CEO who has never made a statement. Like others have said, it's all made up by several just like the same did for PYCT pay transfer. How did that turn out. There is no short, shorts are never busted in subber penny stocks, (name the last one) no financing and most likely not even a manufactured product. And definitely no contracts.
Another company with a great technology idea that went nowhere.
This company has a great idea if real. But no cash and too much dilution. Do these orders ever turn out for real? They can't go any lower for the most part.
Company could really use some sales news. This product seems excellent just totally unknown.
Really? Why is that? i agree with some that shares were dumped by the company. Price stays stuck, no news and pretty much nothing. The truth seems to be that most here expected news and follow ups this week. From my DD and past PR's this is the problem with this company and why it's probably has no real product made. Everything is made up, deadlines and excuses always made and you get PR's about packages, websites and the like. Nothing about funding, the product, contracts, etc.. Some people here making that stuff up. What real company doesn't even have an office.
Nice find Trum, again verifying some are making things up which is predictable and no surprise. They did the same on PYCT pay transfer and never owned up to it. I say they are making things up again and hoping at best with zero facts. My DD shows virtually nothing legit about this company. Not even an office phone and too many shares. The first thing I would do as a new CEO of a public company would be to put out a PRto my shareholders introducing myself and plans for the company. Five weeks and nothing. Yet no one questions this? I do. It has stink all over it. Penny scam.
The patterns do not exhibit anything special except company dumping. Lots of .0001 by .0002 stocks that do daily large volume and stay in this range. So as others have said the new CEO has been in control five weeks and no statement since that October 4th date. No one questions it. I sure do. Something stinks and nothing is verifiable and no one can be called as well.
And the short talk is pure nonsense. It's always talked about on thew worst stock boards. So new real news still and yet another week almost in the books. I say this is not for real. As other have said no short, no funding to be found and I'm beginning to doubt a product has even been made. When I did my DD all the same things were said about PYCT pay transfer. The same are doing the exact same thing here again. And does anyone believe they are always buying? I sure don't.
Someone finally telling the truth. Yes, you have to pay the ask NOT the bid. If it's .0001 by .0002 you have to pay .0002 NOT .0001. If it's no bid by .0001 you pay .0001. And yes you will get filled in seconds. Not the lies some are making up about not getting filled. Pay the ask and it's an almost an instant fill.