PSYC Corporation (PSYC)

[iwitness4jc]

OK Crapola, here is what I knew when you first asked: back in March I e-mailed the CO. (GOHE) and told them that I was really disappointed in their lack of info. being put out for investors to make some needed decisions about their holdings. They (the CFO) responded by telling me that in the next 20-30 days things would likely change because they were certain that they would have a significant new contract that they could not discuss at that time.

So I checked with Rob Goldman and asked him what he knew abut it and he confirmed that things were stirring and that the info was probably correct.

Since then the stock (on the 21st day) went up to .074 and then back down to it's present level. The contract is in fact in force and they will be collecting in the next 18 months or so about $25 million from ISBN for handling a new financial transfer system for several countries that are part of a new ISBN contract.

I assume that the price will eventually rise once they can report actually making some revenue.