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Thursday, September 03, 2009 11:08:34 AM
1. The company is dumping shares at a steep discount to $0.0001 for services or to pay financeers. This makes sense, since PYCt is providing little or no disclosure on funding, and their stock promoter now seems to be contradicting what they PR'd about Pillay's company's compansation.
2. Certain people/entities have a lot of shares to dump; and as soon as pump/dump rumors or stock promoters help by attracting new bagholders/sucker investors, those bagholders buy the shares and are now stuck with them.
Still no bid...not looking good.
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