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Re: newmillionaire post# 17148

Tuesday, 03/27/2007 7:12:58 PM

Tuesday, March 27, 2007 7:12:58 PM

Post# of 123598
REVISED: Genfin, LLC is the majority shareholder of WMDH. Paychest, Inc. is primarily financed by Genfin, LLC. Lawson Pillay is the owner of Genfin. Again, I argue that any success with WMDH should directly impact the fortunes of Paychest. One of WMDH's board of directors has a company BanX, Inc. which is the primary partner for Paychest's BanX (debit) card. Check out www.banxcard.com.

The lack of trading today may not be a bad thing, if the market makers were the only ones selling. If the market makers were the only ones selling, then maybe they have no more shares to sell. This can only be a good thing for the long-term.

Finally, from reading the publicly available info on the people involved with Paychest, Inc. and their strategic partners I am convinced that the players are competent. So it's really a wait and see game.

In the meantime, I'm increasing my holdings toward ten million shares as long as this trade at current levels. 10,000,000 shares will secure me from the negative affect of a reverse stock split when PYCT begin preparations for a listing on the Nasdaq Small Cap.