Paychest Inc (PYCT)

[poopscooper]

The product is presently sold in a few dollar stores as production had stopped about a year ago to redesign the product and to make a more consistently performing product

Okay uknowimright, what has CES done too redesign the product and to make a more consistently performing product in the last year?
What redesign stage was CES in and how much money/time is need to bring R&D to completion.

CES was always in R&D mode even with countless PR's stating they were finally ready.They always had some production issue.
Read filings on Sedar.

In short uknowimright, here's the play on words, production did stop a year ago to redesign the product but did they redesign the product yet or that still needs to be done?


In addition, the margins were extremely thin and the change makes for higher margins and thereby a more sustainable product for the long term.


Well the margins were at 15% and they said that with new product they can go as high as 40%...but that will need to be seen after redesign,production,distribution,advertisments,and sales.