Paychest Inc (PYCT)

[poopscooper]

mortalmyth Wednesday, 06/18/14 06:48:34 PM
Re: poopscooper post# 109172
Post #
109176
of 116459 Go
When I see unfounded statements to the effect of if PYCT went bankrupt the evil naked shorters can keep the money they made shorting the pps down and not pay taxes to the govt, it makes me laugh out loud. To think the IRS doesn't collect taxes on short term and long term gains is just plain BS. I guess it's even sillier to think that UNREPORTED naked shorts can ever collect on anything, since there is no record of the transaction ever taking place.

And, of course, for me, or anyone, to ask for any proof of such silliness is futile at best. I've come to realize PYCT is just a wall of $0.0001 paper, whereby crap such as share audits proving a NSS, product test marketing in a remote store in South Africa, a Xinpro plant tour, PayChest actually working behind the scenes during the 2 year Chill, the CTO in BC Canada ending after a 1 year holding period, etc., are all thrown at it to see what, if anything, will actually stick. Unfortunately, not one item just listed sticks, all just fall to the floor in heaping piles ready to be scooped up and swallowed by pigeons. Very disappointing to see PayChest management and their IR providing nothing substantial AND verifiable after all these years.

Oh well, just another day in the land of PayChest.

Good luck to all.


I am NOT a Financial Adviser. Nothing I post should be considered financial advice. I may be holding a long, short or no position. I am NOT compensated to post on here.