Paychest Inc (PYCT)

[poopscooper]

Thats right lots of preferred shares to convert.
The RS will not affect preferred A or B shares.
No kidding they issuing preferred A&B shares...they not the clowns they know what they doing.


Class B Preferred shares have increased to 2,283,699 (from 1,100,000) as a result of converting
debt in July 2015. The conversion of debt to Preferred B shares ensures that a loan to the Company
is directed into business development.


The story will continue after the RS ...they will get new pigeons to replace the Flushaway pigeons.

But first they need to convert A&B shares into commons so they can sell those to new pigeons