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A company that is "exposed" like Paychest, for example, would be one of the worst investment going, wouldn't you think? Surprised???
Paychest management started a nasty rumor suggesting in their year end financials that a R/S would be forthcoming. Could be anytime between tomorrow and infinity. Just have to wait and see what their up to next.
Current stock value, zero. The fireworks have started......
What R/S????
Some fireworks today involving Paychest shares..
Those "clowns" running Paychest could of sold billions more shares if they would have publicly reported a humongous short at that time. Wonder why they didn't? lol
NO R/S without a name change first.....Nothing pending in FINRA.
Paychest had 2 chill audits. Does anyone really know what the DTCC found? MAY show a problem in math? NSS lawsuits MAY include PYCT?
Then we could also say MAY not show a math problem and NSS lawsuits MAY not include Paychest. Seems were right back were we started.
I would think folks running Paychest at the time of those 2 audits would of known if there was a math problem.
It's not a matter of what's easier, it's a matter of proving shorts exist. If NSS could have been proven years ago, it would of eliminated thousands of post over these many years.
My question. If Paychest management was given the results of those 2 audits and they showed NSS, why was nothing done to catch the crooks way back when the audits were done?
Thanks for posting the link...
No Paychest share dumping today. No one to dump them on, IMO
Me thinks there are way more than 33 Paychest shares involved. IMO, of course! Birds of a pigeon feather flock together, no doubt. GL!!!!
Some people think there are no shorts. Some people think there are shorts. How can one prove one way or the other who is right?
Can't rely on anyone from Paychest to help solve this problem. Been waiting years for that. The short theory mystery remains unsolved. Could this go on another 8 years?
Monumental hoax. There is nothing verifiable/documented to back that claim. All rulings by the Supreme Court are available to the pubic. If one can find it, post it!
If one has a lot invested in Paychest, they should be worried. It's going to take MONEY. Paychest has had plenty of time. Perhaps more needs to be invested to give management the cash to at least do the name change?
The web site is the same. Nothing was updated. If someone did pull the site down, perhaps it was done to fool those who have a lot invested into thinking something might be changed or updated....
GL!!!!
Paychest Inc. seems to have the totally empty look. The web site is up. What has changed? lol Where are the updates?
LOL Paychest, the web site, cannot dump shares. Only people can dump shares... Remember the 3 flips? lol
Link to that FACT "PYCT is not closing it's doors" Only insiders would know what facts are facts. We seem to have very few facts. Lots of humor, little facts...
Too funny? Being stuck with millions of Paychest shares is too funny? Don't be sorry. Be happy! lol
Paychest is what it is. Some say it's shorted. Some say it's just a stock selling scam.
History will be the final judge as to what Paychest Inc. really was.
Exposed for years but still trading? LOLOL
Shareholders are stuck. Live with it....IMO
IF??? IF!!!! LOL Thought Paychest was NSS in the billions? IF??? Seems the short theory then was indeed just a theory....Paychest has no real money to change their corporate name, let alone sue anyone..
Rewind the clock.....
Since Paychest Inc. TA remains gagged to this day, no one really knows what the actual O/S is. Numbers reported on Paychest year end financials have not been audited for truthfulness..
As to why not. Peter, the CEO of Paychest Inc. does not have the required funds to pay for a name change or an R/S. The name change and move to Delaware was mentioned almost 3 years ago. No excuses needed. Lack of cash is a fact of everyday life for Paychest management.
No money? No nothing....as witnessed by shareholders watching this venture's total silence.....
Right! The year 2004 and 2008 folks could easily verify share issuance for services.
The hype centers around bozos dumping shares since then. Perhaps one should check the reality of adanac's numbers that have shown a steady O/S for several years......
Paychest still in operation and moving forward with getting products into production is also pure speculation....perhaps providing some verifiable proof of any operation would be encouraging for existing Paychest shareholders?
Paychest business plan is to change name and R/S. No Paperwork has been submitted to do either.
Does anyone have any real verifiable evidence that Paychest, the company, is dumping shares? Also, any evidence that Paychest CEO, is a crooked manager? What toxic financing deals?
Paychest has always been burdened by a very high O/S. They seem to understand that and have hinted about an R/S to bring the O/S down a bit.
I'm just waiting for the paperwork to be submitted to FINRA.
Before anyone gets too excited about a forthcoming speculative squeeze, remember nothing will happen until those folks at Paychest prepare the paper work and submit to FINRA along with the funding to pay for the name change and R/S. Then, perhaps, if FINRA approves everything, some dreamers dreams may come true.........provided, of course, that there are shorts who need to cover before the changes and R/S are implemented........
I will hold what I have left and continue checking FINRA for a pending Paychest name change....nothing so far.
GL!!!!
Very curious to see the Paychest web site updates when or if it comes back up eventually. Worth sticking around here for that, for sure...
I've got a lot of time on my hands being retired and all. I still have 800K shares of Paychest. Not a lot, by no means, but still a shareholder.
PCYT has a web site that's being updated??? I don't believe that's true.
It's the "or something else" that might surprise Paychest shareholders. Just have to wait and see what those Paychest folks are up to now.
GL!!!! Might be time for a rewinding of that clock.
"Service unavailable" Looks like Paychest web site is down. Any ideas why?
Someone suggested, on this very board no less, that Paychest is not registered with the SEC.
Or about FINRA approval.......IMO
I sold what I could and moved on. I sometimes post here as a hobby....
Where does it state Paychest, (I'm assuming "they" is Paychest) waiting for approval from FINRA? Perhaps you read that on some message board?
IN order for Paychest to win the battle, the proper paperwork must be prepared and submitted to FINRA....
I'm kind of surprised NBRI hasn't been shut down yet...what's holding them up, I wonder? Message board pumpers?
Someone associated with Paychest Inc. will have to prepare and submit the paperwork and FUNDING required to FINRA to change name and provide details for the R/S before FINRA can provide a date...... $3,000 to $5,000 is the expected cost. Nothing pending in FINRA to change corporate name as of today.....
Whatever the plan might have been called, it worked in selling 87 billion shares of Paychest. Perhaps we overlooked something in our quest to find an actual, real business plan? Banks didn't seem to need much to attract folks to Paychest.
Hope it all works out or you....eventually.
There is still no name change for Paychest pending in FINRA as of today. FACT!
What comes around seems to go around and around for years on end.....
SEC can't do anything because Paychest in not registered? LOL Now I know it's time to move on, LMAO!