Paychest Inc (PYCT)

[poopscooper]

Carefull these clowns don't come up with the testing blahblah now that they close too production ....say hello to sept2015 for them tests to be complete...lol cafefull
Call IR and get an update report back here.

You may also get an update on the money situation as mentioned May 30, 2012 ...I sure they still in advanced negotiations with several known companies with the aim of securing purchase order financing.

But of course all IR could give is an website soon coming and new ultra thin blahblah...I sure someone changed the roll of toilet paper.







The Company expects to have prototypes available during the first quarter 2015, provided by Xinpro, our production partner that also manufactures the Mibella®/Flushaway® womens sanitary product range.


May 30, 2012 09:00 ET

PayChest Negotiating Purchase Order Financing






HONG KONG--(Marketwire - May 30, 2012) - PayChest, Inc. (PINKSHEETS: PYCT)

PayChest Inc. (the "Company") is in advanced negotiations with several known companies with the aim of securing purchase order financing.

Purchase order financing involves a third party finance company paying for production, materials and 'work in progress' in exchange for a standard fee. This form of financing is available where there is good product profitability and is based on the customer's ability to pay. Without the constraints imposed by its own cash pool, the Company can grow faster and focus on meeting market demand.