Paychest Inc (PYCT)

[2manystucks]

Moneyhungry, you may want to try reading the financial statement sometime. Pay attention to Note 1.

It's undisclosed equipment, not used equipment but then we don't know do we? It could be some ratty office chairs and desks or paper, pencils and a 10 year old copy machine.

Sounds like a great deal to me, Pillay assumes full control and all voting rights with a swap of undisclosed equipment with an unaudited value of $200,000.

Maybe each pencil was valued at $1,000 each, who knows as the company has decided not to tell you.

Oh and by the way, where is this equipment now? Is it in the virtual office?

http://www.pinksheets.com/otciq/ajax/showFinancialReportById?id=12869