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Re: jlwcat1 post# 118094

Tuesday, 10/11/2016 7:33:22 PM

Tuesday, October 11, 2016 7:33:22 PM

Post# of 123597
Jlwcat1, never have I said PYCT has been shut down. It is a shell that has managed enough proproganda to not be considered a "shell" via SEC definitions, or at least, that is what I believe.

PYCT, in the past, used to be its own transfer agent. Obviosuly, the SEC frowns on this. And as such, has gone through 2 audits, both resulting in major corrections to share structures.

The DTC chills, yep, happen as the DTC suspects unregistered shares hitting the market and housed in Cede. PYCT has been in the penalty box twice and, per usual, after a year or so, the chill gets lifted.

As far as the company goes, well, I think it is best to leave it to Pete Coorey to articulate. Not sure when the last time shareholders heard from the CEO (only employee of PYCT), but would bet they would hear something from him in the next 10 years or so.