major activities, some of which have already started...
Surely TommyBoy is current on the major activities that were started 3 months ago..After read this update that's what I would be asking what major activity did and is he working on???..lol...he did ask?
PayChest, Inc. Prepares for New President
VANCOUVER, BC -- (Marketwire) -- 10/30/08 -- PayChest, Inc. (Arizona) (PINKSHEETS: PYCT) -- As previously announced, a stock dividend is pending dependant on some final corporate and regulatory steps. This will create a change in the Company name and new stock symbol going forward. Upon completion of the anticipated dividend, the Company intends to carry out a series of steps that will start a new way forward for the newly named Company.
First, a new President & CEO will step in to guide the Company forward. The person has already agreed to step into this role and is waiting completion of the dividend prior to completing the handover from Mr. Lawson Pillay.
Second, the new President is expected to provide an outline plan that will indicate the path forward for the Company, and some of its major activities, some of which have already started.
Third, a series of steps are expected to follow that will progress the Company and Flushaway and be the first steps in the development of this new business.
Current and future management have been working to prepare and put in place the relationships necessary for taking this business forward.
More detailed news releases will be provided as each of the steps unfolds.
No reverse split is planned for the foreseeable future.
