Paychest Inc (PYCT)

[poopscooper]

adanac please explain to the readers what/where the patent pyct refers too in their PR can be found?
Pyct talks about manufacturing and patent(pending) as very important combination.
I can't find any info on patent, DavidShaw or xinpro...patent can't be a secret.




On December 7th, 2010 Xinpro paid a down payment to a film machine manufacturer to make a new machine designed to produce polyvinyl alcohol film. The machine manufacturer has confirmed to the Company that delivery is now imminent. A tour and review of the manufacturing facility last week by the Company confirmed preparations are now complete and ready for machine delivery.

This is the first time a supplier has purchased specially designed machinery specifically for the dedicated and exclusive production of Flushaway® products. It is also the first of a range of production machines to be purchased for this purpose.

Polyvinyl alcohol film is a key part of Flushaway® enabling the finished product to perform during use but remain flushable and biodegradable at the time of disposal. The film will be produced using specialized materials, formulations, know-how, patents, patents pending and a unique production process.

Patents and a new patent application (patent pending) that protect the intellectual property of Flushaway® and the film are based on those licensed to the Company. A number of patents and patents pending are used in the production of the Flushaway® brand of pads and liners. One patent that was pending had appeared on the WIPO web site (World Intellectual Property Organization) was recently discontinued by the licensor in favor of a superior design solution resulting in a new patent application.

In anticipation of upcoming commercial production, .the company has recently expanded its sales force activities worldwide as sales representatives have met with potential distributors, retailers and wholesalers in Europe, China and, in particular, North America. Strong interest has been expressed in the Flushaway® brand of products.

Management is extremely pleased with the recent business developments and expects commercial production to start shortly after machine installation.







http://ih.advfn.com/p.php?pid=nmona&article=37234940


http://ih.advfn.com/p.php?pid=nmona&article=46702104