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Re: lemon post# 9766

Wednesday, 03/22/2006 8:15:33 PM

Wednesday, March 22, 2006 8:15:33 PM

Post# of 123598
"The SEC is investigating PYCT. What have they found? Nothing has been released to suggest Paychest is another Mellon Research."

Well, there is the fact that they are being investigated in the first place and that said investigation is ongoing. This garbage that "all companies who wish to become reporting are investigated..." is just that. (Not saying you bought into that or anything.)

But as you requested- MLON is in the past- fresh slate with PYCT right? No Mario! What do we have?...

*So far all we have is talk of big things to come with no delivery and nothing but BS from the company. No banking relationships, no operational website.

*You have the company claiming that they own the software and that Kirby was on their board, and that Kirby was going to cease sale of his software-all things that Kirby has denied.

*You have a missing interview with Cerda (don't remember what the interview was for). It was hyped, then quickly forgotten wthout delivery.

*The company lied about Cerda's credentials and could not even get his age right at one time, not to mention that this visionary with the ultimate resume has nothing that has yet to be verified. (And if I'm mistaken and someone has, they may confirm at any time.)


Mario has nothing to do with any of those things. To me it doesn't look a bit like a company that is serious about what it's doing. It looks like a stinky pinky that doesn't have any investors or cash to implement it's "business plan". Forget Mario- if these people really had what it takes to go against Paypal- they could IPO on a real exchange, or at least RM with an existing reporting shell. Your thoughts?