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Re: MFridge post# 42169

Wednesday, 02/04/2009 11:59:15 PM

Wednesday, February 04, 2009 11:59:15 PM

Post# of 123599
While the money transfer business remains under the same corporate umbrella the focus of the company moving forward will be the new "Flushaway" brand of products. Both business units will require capital moving forward to complete their business models. A strain on capital would be too great and dilutive for one company to bear. Separating these business units by way of a stock dividend aims to serve several purposes. First, shareholders of PayChest Inc. will receive shares in a new publicly traded company while continuing to hold onto their PayChest Inc. shares. That gives shareholders significant upside in two public entities. Each company will have separate management and a separate stock symbol. The new public entity can raise its own capital to further that business model without diluting or affecting the present PayChest Inc. shareholders...


WOW WHAT A BONUS!!! BUT STILL NO CASH TO DO ANYTHING,,,,SAME PROBLEM AS ALWAYS....MONEY!!!BUT A GOOD STORY INDEED