Wednesday, September 16, 2009 6:45:22 PM
Are you forgetting that when a co issues a dividend, the underlying company's intrinsic value decreases by the "value" of the dividend.
With the bloated share pool of around 20 billion shares, PYCT really needs a reverse split so the market cap can move even lower as the share price declines after the R/S.
I see that you also may be ingnoring the fact that PYCT has little or no cash, at last report. If you've been following along, it also likely has been racking-up obligations along the way. Testing and development and admin cash burn are not insignificant, and details seem to be purposely being hidden from investors.
Looking more and more like Mario Pino tactics all the time? LOL
Are you sure Pillay is not a Mario Pino a.k.a ? Could this also explain why the last known address for the company is now in Canada and thre CEO is now the statutory agent in AZ, the state of incorporation?
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