Why pyct is considered a SCAM:
The anatomy of the pyct SCAM is nothing less than a simple stock dumping shell. The next couple lines produce the undeniable logic and proof that the only activity performed by pyct in it’s entire history has been to dump/dilute.
1 - pyct has never, ever sold a single product, nor has there ever been any evidence that it produced a single product.
a. Zero revenues support this fact
b. The companies own financial statements support this fact
- No employees
- No business structure
- No asset increases
- No sales department, advertising, accounting, distribution etc…nothing besides a circus barker I/R stock sales chump
2 - pyct issues false P/Rs as well as recycled false P/Rs.
3 - pyct relies on paid stock Touts
a. Various Penny Stock Promotions Held to Stimulate Share Buying (Paid for by the Company, Insiders and/or 3rd Parties) Included SHAKERZANDMOVERZ, Stock Profiler, Among Others. Paychest IR shill calling Shareholders Out of Blue to Gauge and Prop Up Sentiment.
4 - pyct DTC Chilled twice, recently for 2 years.
5 - Regulatory Listing Requirements: (A) PYCT Cease Trade Order (CTO) in BC Canada. * AUG 15,2011==British Columbia Regulator Orders British Columbia Cease Trade
6 - pyct insider John Banks caught transferring $600K in shares to himself through Rich Capital Enterprises that he also owns.
7 - Zero short interest and zero shorted shares as proven by the Official SEC reports despite continued ‘hyping’ by some with little market knowledge, that a massive short exists
8 - Massive dumping off at .0001 and UNDER .0001 - Hundreds of millions of shares sold in just the last few weeks at UNDER .0001
a. This matches up well with all the shares structured to go out to insiders like John Banks
b. This matches up well with all the convertible shares structured to other unnamed insiders (my guess is Banks again)
If pyct smells like a scam, looks like a scam and acts like a scam, it is most likely just a scam. Despite all the short falls that pyct has there is no shortage of silly hyping posts…. Typical of penny scams there exists the crowd that needs folks to buy shares… for years there are hyping claims of PPS spikes….”buy more”… time to “load up”… “PPS going to .05 or higher”…. “Soooon”…. And soon never happened. Just too many happy comments about all the dumping volume that pegs this PPS at .0001 - why would any real shareholder be so happy to be stuck at .0001?
