Paychest Inc (PYCT)

[playingthegame]

IMPORTANT HIGHLIGHTS CORPORATE HIGHLIGHTS

New President and Board appointed in Sept 2010
Filings and disclosure project started. Legal issue addressed.
DTC stock certificate audit complete.
Appointed Transfer Online, an SEC regulated transfer agent.
Arranged funding for production and marketing.
Addressed judgments filed against the Company when under prior management.
Improved reporting and disclosure on OTC Markets to Current

PRODUCT HIGHLIGHTS
Price competitive with majors in the industry
New production processes reduced cost of goods delivering improved margins
New utility patent registered with Patent Co-operation Treaty for international protection
Established manufacturing arrangements in China; growing the manufacturing capacity, considerably reducing production costs and improving product quality.
Received Environment Canada’s highly acclaimed eco-labelling certification and environmental product award
Independent flush ability test completed
Independent Dispersion test completed
Independent Biodegradability test completed under American Standards for Testing and Materials (ASTM D5988-03). Test requires biodegradable milestone is achieved in 180 days. Flushaway achieved the milestone in 70 days. Traditional product does not biodegrade and plastic is estimated to remain in landfill for 200 years or more.
Sales of Flushaway® previously achieved in major US stores and other countries by CET.
Samples have been produced and distributed.
Flushaway has completed FDA registration
A strategic supplier purchased select equipment for Flushaway production.
Pilot production for Flushaway started.
Commerical production started
New brand added (Mibella)
First purchase order received for US $1.2 million of Mibella product

http://paychest.com/investors.htm