Paychest Inc (PYCT)

[poopscooper]

lemon many shareholders are already dancing in the streets they already got some money last week.....lol

they just not buying the paper or the story.
Same happened in Canada investors got wise after 5-6 of clownjobs by the clowns.

anyways the redflag is this below...This was what xinpro was doing "supply of materials, custom machinery"...lol now pyct need money to do what they claim xinpro was too do...lol carefull with the round and round...lol


With this Agreement in place the Company anticipates it will fund the supply of materials, custom machinery,

The objective of this financing is to achieve product commercialization.








PayChest expects to receive the first significant tranche of this phased financing within 2 weeks. This follows receipt of smaller amounts late last week.

The objective of this financing is to achieve product commercialization.

Several important aspects make this financing good for the Company:




a) It is non-dilutive meaning it does not involve the issuance of shares

c) Profit share is ring-fenced around the sanitary products business, both current and future sanitary products. Any other business PayChest enters would not be subject to profit share under this agreement.

With this Agreement in place the Company anticipates it will fund the supply of materials, custom machinery, marketing and, initially, receivables from sales.

An announcement will be made shortly when commercial production begins. For those not currently on our e-mail list and wishing to receive future news releases it is strongly recommended they call or e-mail the Company to be added.