Paychest Inc (PYCT)

[poopscooper]

pyct has been talking free trading divy since 2008
and promising the dreaded NO reverse
BUT now RS comming and clowns still wait for Divy...8years...lol what a joke to wait 8 years





http://www.marketwired.com/press-release/paychest-inc-2008-year-end-corporate-review-1244116.htm

During 2008, many shareholders have contacted the company since the "Flushaway" contracts were acquired. The Company addressed the shareholders' most pressing concern to inform them there were no plans to execute a reverse split in the foreseeable future, as per previous public news releases. As of February 4, 2009, the Company currently has in excess of 6500 shareholders with 19.85 billion shares outstanding and 25 billion shares authorized. It is possible that the company may issue shares in 2009 to further the business plan but not at these price levels. The company also has no intention in the foreseeable future of raising the authorized capital above the current level of 25 billion shares. The company has been contemplating a buyback at the current historic lows but no decision has been made at this time. Given the extremely competitive marketplace for women's hygiene products and our company's leading edge technology, the company may not issue as much news as expected by some shareholders. While it may be unacceptable to some, the company wishes to protect its competitive advantages and intellectual property and thereby protect shareholders' interest.