Paychest Inc (PYCT)

[poopscooper]

NEW policy as of NOV. 4TH, 2015 Quarterly Report
NOTE 5. FUTURE STOCK CONSIDERATIONS
Management is aware that Preferred B shares, if converted, would result in issued common shares exceeding the current
authorized limit. Management will address this in the near future



Converted A or B shares would would result in issued common shares exceeding the current authorized limit.

What a bunch of monkeys....of course any conversion would result in exceeding the current authorized limit.

Management will address this in the near future!!!

lol...how? by raising the authorized limit??

No kidding Monkeys!!

Anyways they could only issue B shares both A and float of 28Billion are maxed out.