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Where did you buy your share from ?
Yes Canada rocks, but I am correct regarding the situation.
I have read the BCSC bizarre request of information and their attempt to try to regulate a security originating from another country is beyond suspicious.
If you read through what they are asking for, its essentially inside information, something you have never seen the likes of , because the only interest they are concerned with protecting is those selling fake shares.
I know who was behind this as they live in the same province, but if I post it here it will get deleted.
No offense to your country, but the history of corruption is well known.
They sold you counterfeit shares and do want to have to buy them back.
In Canada there was a company that would allow retail people to short penny stocks, it makes sense they put the fix in, Canada is even more corrupt than the US, which is hard to comprehend.
I rest my case, no one has produced any supporting evidence to back up their claims of a scam.
Baseless attacks repeated are still baseless.
Lucky for real shareholders PYCT is legit, they spent 6 figures getting the DTCC chills removed, received a clean bill of health.
The SEC shuts down hundreds of pennyscams each year to protect shareholders and has checked out PYCT, giving them a clean bill of health.
Show me one scam that spent 6 figures removing a DTCC chill over 2 years...you cant.
Scams put money into PROMOTION only and dump shares, something PYCT has never engaged in.
No way PYCT would be allowed to trade if it were a scam as you state.
Your allegations are empty words, backed only by opinions, not one piece of supporting evidence.
The company has not sold any common shares into the market, however we do have proof this has been naked sorted by the market makers, as the DTCC stated the company has not issued any shares above the authorized count, indicating they were created by another....only an MM or the company can do that and NITE is the biggest offender.
I see this for what is is , a small start up company that may or may not succeed, as we all know nothing is guaranteed and speculating on a subpenny carries the highest risk/reward ratio.
Now in closing, I have a few penny stocks that didnt work out, and some I made a ton of money on, the ones that did not work out I sold, moved forward into the next deal.
If your unhappy why keep wallowing and wringing your hands, I sell and make money on the next deal investing 101, anytime wasted wallowing or stalking is time that could be used to find the next deal.
Those proclaiming this is a scam without a shred of evidence may one day find themselves being deposed by an attorney in preparation for litigation.
When the DTCC chill was lifted, the share price moved up %300, those who sold at 3 times what they bought at surely considered that a nice payday.
That was all without the company manufacturing , or selling any widgets, nor issuing any forward looking news,like real scams do, no promotion, nor any company selling of common shares.
Terrible scamsters, I mean scams pump out nonsense news and sell into, after spending all their cash on huge promos.
Paychest has never engaged in any of these attributes.
I was wondering, how many times can you use the word scam, and do you really think anyone buys what your selling?
You can not sell a large portion of your holdings if you never owned them to begin with.
Keeping it real
Yet somehow , someones terrified enough to continue trying to influence real shareholders.
But its dead.
Never going anywhere.
No short in sight.
But....they remain, 24/7/365
Yet somehow , someones terrified enough to continue trying to influence real shareholders.
But its dead.
Never going anywhere.
No short in sight.
But....they remain, 24/7/365
No news has been released in 16 months, perhaps when they have something to say it will be released.
Now, should they prove several issues all at once while issuing new shares, forcing the buyback of fake shares things could get jiggy real fast.
In light of your post which is partly factual, it supports the possibility of a violent and sudden rise in share price, should things become verified.
Key phrase I want you to remember is ....all at once.
After a decade of non shareholders "looking out" for the interests of total strangers I am now convinced we have no naked shorts on PYCT.
When put in context it makes sense, non shareholders with no monetary gain, would roam the internet 24/7 to assure the public is safe from these dangers.
Thank you non shareholders, your good advocates of safe investing.
NO SHORTS IN SIGHT...NOT A ONE
If no naked short existed on PYCT, no one would would care enough to try to convince others none exist.
If no one cares, and this stocks dead, clearly there would be no point in the effort.
The intent is self evident
Big board stocks are naked shorted 1 for 1 per official sources, but a sub penny stock certainly would not be NS ?
Everyone knows Paychest is one of the largest naked shorts given the amount of time this has been going.
Mario Pinos "I lied news release" put the shorting in overdrive and who could blame them.
The big pink elephant, people posting NO SHORT IN SIGHT are akin to the fake media that repeat lies to the viewers.
OK, PYCT is heavily naked shorted...thanks, I think we all know that fact.
Nice photo, lets get this party started!
Websites been updated with 4th Quarter financials
From another forum
Tom Hands said 4th quarter financials should be on the website by the end of week,they cannot be uploaded yet to www.pinksheets.com until a yearly payment is made to them. It is a requirement of FINRA that these financials get posted before they would approve any name and symbol change.
Tom also said they are working on a news release.
Seems like the veil is about to be lifted, and its about time, shorts are screwed.
So true...this is real and its going to get VERY real, real soon.
Website has been updated, new information, new pictures of products, and a new tab that includes the financial reports.
http://www.paychest.com/index.htm
The naked shorts really tipped their hand with Fridays trading action, one look says it all.
No one can place a trade under .0001 other than a market participant.
Someone had a large buy order which seemed to anger the naked shorts into ending the day under .0001.
They printed 3 trades 8 minutes after the market closed at .0001 that added up to the fake trade, pennies don't trade AH.
When the regulators lower the boom on this manipulation it could be painful for the clowns that have done this.
I am filing a complaint with Finra to look into fraudulent activity from the market makers.
I read that someone arbitrated against one of these clowns and got them in trouble, proving the price is manipulated illegally.
Hum, was that the Finra naked short list, or short list?
Oh wait, Finra has no list for naked shorts.
Thanks for the dance, its was.....short and sweet.
:)
Buying at 0001 seems like a smart move here, volume precedes price action.
The lure of a 100% gain seems to be catching on.
Shorts feeling the heat?
One might be tempted to surmise somethings about to be released or announced.
Volume precedes price action...
http://education.howthemarketworks.com/news/volume-precedes-stockprice-and-confirm-price-patterns/
Open @ .0002 LOD @.0001 close @ .0002, or the HOD
Look at the chart, closed @ HOD, could be a gapper in the morning?
Those financial documents get leaked out early?
Thats the time to buy.....
Big money will be made again on PYCT.
I sold @ .0002 and made a bundle on the day that I referenced.
Couple years ago PYCT ran to .0003 on mega volume as the chill was lifted....had one been savvy enough to load this and sell at .0002 thats a %100 gain.
Not bad for pushing a few buttons.
I see this running towards one cent easily making that fantastic trade of %100 look like....well doggy doo.
Each to their own
Will you accept .00005?
Cash in hand
Level 2 generally has no meaning on this security, I have seen them fill orders @ .0001 for 50 to 100 million shares in moments when the bid is .0001 and ask .0002.
Today is interesting to say the least
Thanks I see the logo now, which makes this a viable theory for the google search.
Its nice seeing the .0002s and .0003s lined up on the ask with the bid showing up during each days trading session.
A filing regarding the name change should be forthcoming imo.
Paychest, I followed that link and could not find RG anywhere,even in the section they had regarding trademarks.
If I missed it can you direct me to where I might verify this?
Stakeholder vs shareholders seems like semantics imo.
Not saying your off base, just not enough in my book to see the connection.
I have seen other definitions for RG that could apply but again not enough supporting evidence for me.
Here is one...
DEFINITION of 'RiskGrades - RG'
A trademarked method for calculating the risk of an asset portfolio. RiskGrades are based on a variance-covariance approach that measures the volatility of assets or asset portfolios as the scaled standard deviations of the returns.
Waiting for the release of the financials which may be accompanied by news
It would have to move in order to "ride" it.
Question is can you hold on once she bucks,snorts, and breaks out of the pen?
Financials have been uploaded, someone needs to pull the trigger.
Whats inside?
Perhaps nothing new? Perhaps...something else???
As they say...tick,tock
Welcome aboard! May I ask what attracted you to PYCT?
Your timing may end up being impeccable, time will tell.
Best regards
Congratulations to all who held on here, nice day yesterday, now the BIG RESISTANCE of .145 looms.
Captain obvious says once she breaks that ....LOOK OUT ABOVE!
Shorts still sucking up shares on this one, been way too long going sideways without a drop, eventually this turds gonna fly past .15
Piss poor fundamentals to be blunt. Sales, revenue and profit margins move real stocks.
MOMO moves turds in the pennyworld, and this one has gotten years of mileage out of it.
Still think a big run will happen near term.
Time will tell.
Like I said, to me their ALL TURDS, some smell nicer than others.
I made good bank back in the day of the first run, found this when 1000 daily volume was a lot.
I also think this co can and will break .50 and much more.
I have been buying Hemp seeds (organic) from a well known supplier, one day I was on the phone regarding an order and mentioned MJNA, the owner said he was burned by them in a business transaction with them.
Brad seems like a straight shooter, but I am in business also, and there can be more to the story.
I dont care either way, the stock goes up and down, they are all turds in my eyes, even my favorite ones.
I see people falling in love and defending their turd here.
I'm here for the jingle.
I have to agree with you on that, otherwise they would have dropped this last Friday, not normal to be in this tight range for this many days.
Then again who knows what those darn MMs will do to get cheapies?