Paychest Inc (PYCT)

[MFridge]

"there seems to be some confusion about ownership and voting powers"


There's no confusion over the fact that the PR said that a group owned 100% of the preferred shares and then Pillay recently said that no shareholder owned any more than 20%. Voting rights aren't an issue as far as those two statements are concerned-it's a question of who owns the company and how.

If you believe differently then please explain, perhaps you will enlighten us.