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The pigeons are getting desperate now? Your a long PYCT shareholder, does that include you?
A name change would allow the R/S to go forward. That would be real and legit. Nothing grand for the company to hype about, IMO
If one buys Paychest shares over the years based on press release statements that cannot be verified/validated, that should not be considered cheating or stealing, IMO.
If actual verification/validation was made throughout these many years by investors, there would be very few real shareholders today and very small current O/S. IMO
GL!!!!
I never called the SEC but if some really feel they've been ripped off by "pyct baboon management," they could send the SEC those proven FACTS that might get the SEC's attention....just a thought...then perhaps the constant complaining about Paychest and it's management on this message board over the years might seize?
Our need to verify/validate should have been every investors business, not Paychest.
Paychest folks needed to prove their legitimacy and had plenty of time to do so! Yes! They failed miserably to prove any of the activities they claimed to be involved with.
Paychest shareholders are on the hook, not Paychest management.
We don't know for sure what Paychest management is going to do next.
Peter G. Coorey, Paychest CEO, remains a mystery. Silent! Hiding, perhaps?
The only people that can hook Paychest are the SEC. They would need the proven stuff that suggest Paychest is/was doing something illegal all these years. IMO, of course!
Paychest has been called a stock dumping company for years, yet it seems, some folks ignored that theory. Paychest has also been labeled a proven "scam" and again some people paid little attention to that theory. The SEC, whose job it is to protect investors and shut down companies of proven scams, seemed to have paid little attention to Paychest through the years.
I believe that totally flushable, biodegradable products was and still might be the truthful objective of those folks at Paychest, but because of the lack of real cash and other noteworthy factors, implementing anything verifiable to prove their intentions was unrealistic from the beginning.. IMO, of course!
Speculation that Paychest shares were shorted in the billions and that there will be a massive run when shorts have to cover. How many times did one read that?
Paychest has not created a mess. They seem to know exactly what they are/were doing. They have been doing it for years with great success.
If folks actually used common sense and logic and made real attempts to validate/verify Paychest statements throughout the years..................perhaps those 87 billion share traded would be a lot less today. IMO, of course.
Speculating a massive run sells more shares than finding out the truth from a TA. Thanks. There must be massive shock that a name change won't trigger anything. Very silent board today!
So those changes, if/when completed, will not result in a massive squeeze as some have hoped for on this and other boards..........
Thanks. For a company like Paychest with no real money to speak of, 3 to 5K would/might suggest they have to wait for that loan money before anything further happens. IMO
Incorporating in Delaware or Nevada was mentioned 2.8 years ago. If they haven't moved by now, the delay might also be due to lack for cash, IMO.
Some folks call Paychest activities an illusion. Others call those statements of activities a "scam".
It's certainly has always been up to this company's management to prove otherwise....and they obviously up until now, have not done a very good job changing attitudes to a more positive outlook, IMO
What would it cost Paychest to do it? Perhaps their still waiting for that non-dilutive loan? Making those changes could be difficult if they don't have the funds to pay whatever fees are involved. IMO
Bingo!!! If someone at Paychest issues the documents that are necessary to begin the process of changing the company name, we should be able to verify that once the changes are completed. Then, follow up with the R/S, we should be able to verify that also.
Seems, by looking over their latest financials, they have no real money to do anything.....that's honest! Be better if those recent financials were audited, but without any real money, the cost of auditing is not realistic. IMO
To believe, or not believe. That is the question!
Trum will have to change/update his FACTS/TRUTHS list, LOL
I would suggest that the Letter of Intent (LOI) to purchase Xinpro has long expired.......
"Yippie skippie" name change? Sub penny valued companies are most likely destined to be rotten for shareholders. After all these years of watching and waiting, it should become obvious eventually, don't you think?
Thanks! Not very impressive but there seems to be a confirmation in those financials that Sustain Technology will be the new corporate name. It just needs to be officially announced and implemented someday. Then the R/S can go forward, IMO
LOL We don't need luck. We need products that will sell.
Not hyping anything. It is what it is. Some interpret what they see differently than others, lol
Never claimed Paychest was selling anything in SA. Paychest never produced a product. How could they sell? CES product was for sale in Flushaway packaging. One should know that now, don't you think? lol Perhaps not.
We can see what they don't have, but some folks are still here watching, posting opinions. And the bitterness for some continues to be evident.
Well, those "clowns" from Paychest sure seem to know how to keep some folks interested through all these years.
The R/S, if actually implemented, will cost current shareholders to forfeit millions of shares. Although the value will remain the same. It does mean something! IMO
Agree! Name change could mean nothing. Must change the name first however, before a R/S can be completed......
Me thinks there are a few folks still waiting. WE are here, aren't we?
Wonder who Paychest hired to redesign that Mibella package displayed on the web site? Any ideas?
No word of legitimacy can be posted without proof. One should certainly understand that by now after all these years.
Shareholders will have to wait for Paychest to prove they are legit. Only verifiable proof will determine what shareholders would like to know about Xinpro and all the other claims Paychest folks have made over the years.
Silly for me to try to recount something without verifiable proof of what we experienced. Without proof, there is nothing to recount that anyone would believe anyway.
It's April, 2016. Shareholders should be waiting for Paychest to update everyone interested with current verifiable statements of activities. Best to wait for that, IMO
Thanks!
During our trip to China, we observed no machines. Lots of cars and busses. Some rickshaws, lots of bikes. Wonderful trip....you should also go China someday and observe the sites.
I can't remember when the bid was .0002 that would allow someone to flip at that price. Must of been long before I started posting here, lol
Wonder if the SEC will ever step in and help you out? The real punishment would be to shut it down don't you think? You going to stay here another 6 to 8 years? lol
If one really knew the FACTS/TRUTHS from the beginning, why continue to be a shareholder calling Paychest management, morons, buffoons, idiots, clowns? Scam this. Scam that.
A good deed doer?
MY Bad. The market traded those shares.
Incredible when one thinks about it. lol Considering all the "scam" post theories that have posted over the years, folks continued to buy and sell.
The only thing Paychest is close to doing however, is announcing the R/S and that can't happen until they decide on a new company name, announce it officially and it's implemented.
Just dropped by to get the latest on the Ruby mine reopening. Has it?
One that we know of. Dedicated to producing film so we were told. Not dedicated to Paychest, IMO
Holding the company accountable over the years, here on this board, as the company rolled along trading some 87 billion shares????
Seems that agenda (scam theory postings) to flush out the "trash" was indeed, a long hard effort without much success. IMO, of course!
Validate, verify. When in doubt, always check it out! If one cannot do that, stay away, IMO, of course.
Just how much longer will the "game" be played?
An "empty shell" that was able to unload billions of shares on folks who, for the most part, failed to validate, verify what was being stated in numerous news releases.
The shares were real cheap and one could buy millions for very little money. Some Folks gambled. That's all penny stocks are, a gamble.
Whomever disclosed the potential R/S shot themselves in the foot if they still believed shares could be dumped like before with that R/S looming....
When will we ever learn?
Although the R/S was not officially announced, folks who read the year end financials might not buy anymore shares so the selling should stop also.
Those "baboons" have sold billions of shares. How many shares did you buy from those baboons? lol
Pulling a bus out of a hat will not do much. Posting/displaying pads and liners is what would do it. Doubt if that will ever happen, though.
The R/S was mentioned. Long way from being done, but I agree, don't think anyone who read that year end document will buy anymore Paychest shares...IMO, of course!
Not suggesting Paychest won't R/S. Just saying an R/S cannot be officially announced and implemented until Paychest picks a new company name and those changes are officially completed.
If they don't follow up with anything that can be validated, except the R/S, lol I doubt whether they will sing the same song and continue on.....IMO, of course!
What does the shorting impact of cannabis have to do with Paychest???
Folks who may visit the Stockfolks web site today are being told that FINRA approved something verbally per the Paychest company. Not sure who they talked with, however, to get that information. Interesting.
Perhaps it was Hands, or Peter? Their the only company that we know of. Maybe Mr. Chen told them????? lol
LOL Paychest folks cannot R/S the float until they complete a name change. And it don't look like those Paychest folks have decided yet as to what to call this new company, It's only been some 2.8 years since they suggested Sustain Technology Inc., lol
Silly to suggest they will give 1 share of this new company for 150 Paychest shares and still to this day, have no real ideas as to what the new company is to be called......
It's what Paychest actually puts inside that newly redesigned Mibella package. No excitement until they display the pads and liners...that will be loaded into that package. lol
I doubt seriously whether we will ever see those actual products displayed on their web site, IMO.
There was no pyct product sold in South Africa. Pyct has never made any products as far as we know and from what you continually post.
Nothing funny about it if your a real shareholder..
Who is saying R/S is good for everyone??? LOL It's good for the company and the shorts if there are any. Stop spreading nonsense.
Clowns? They were able to sell billions of shares. I guess the ones who bought those shares are really the clowns, IMO
LOL Looks like Banks and Hands get screwed along with the rest of us Paychest shareholders...but some folks have been very serious about Paychest doing something with that very high O/S. Seems the O/S will decrease considerably, if and when we receive something official from Paychest.
LOL 150 into 800k would be about 5,333 shares of something since we don't know exactly what the new company name will be, lol GL!!!
They need to officially announce, through a verifiable press release, their intention providing a valid timeframe and other important details, as to when the R/S will actually be implemented, IMO
Folks could sit around for weeks, months waiting for something official to be announced!
LOL And some folks seem to think those Paychest folks are clowns???
There is still no official public announcement about an R/S and it's details or a name change and it's details.
We have been enlighten, however, by reading their year end annual report so it's just a matter of time until an official announcement is made, IMO, of course! Could be weeks, months, years before we hear anything official.
Last update was September, 2015 and no one could verify anything they claimed in the last press release.
Which story do you think is coming to end? No new pigeons will flock to this stock, IMO
Paychest has created so much public negativity over these many years, I doubt if anyone would be foolish enough to continue to invest in this venture. Except perhaps a few posters on Stockfolks. Andy's going to buy 30 to 60 million more shares next week, lol or so he claims. Funny stuff!
From what we were told from the update to that shareholder meeting, there was only one shareholder at that meeting in 2013. Perhaps that one shareholder approved the R/S, but Paychest management decided not to acknowledge it to us other shareholders and general public at that time? Just a thought.
Nope. Never stated the R/S was mentioned 2.8 years ago. You know darn well it wasn't mentioned back then, lol Relax. Nothing is going to happen until a new web site is ready, whatever they may decide to call it! lol IMO
Most recent Paychest year end financials still suggesting/referring readers to Sustain Technology Inc. just like they did way back then.