"Since the company cannot give "financial advice",
Really!! some playing the game and very good at it also!!!!
You see a name at the bottom of this 5K letter..
Who paid 5K to get the word out about 0001 cheap paper???
lol...Too funny
PYCT Cover letter
PayChest Inc.
Room 1206-7, 12/F, New Victory House
93-103 Wing Lok Street, Central, Hong Kong
Toll Free 1-877-525-5170
E-Mail: ir@paychest.com
Website: www.flushaway.com
June 10, 2008
As a shareholder in PayChest Inc., we are excited to announce a change in the direction of the company. PayChest Inc. has acquired most of the worldwide rights for sales, marketing, manufacturing, and the use of patents and trademarks for FlushawayTM technology and products. The company’s financial services business assets will be spun out of PayChest Inc. either by way of a dividend or sold by August 1, 2008.
FlushawayTM products have been sold in such stores as Walgreens, K-Mart and Wal-Mart as well as Sainsbury’s, Boots and Waitrose in the UK. The product has also been sold in Franklins and Big W in Australia, Pick and Pay and Clicks in South Africa and retailers in Hong Kong.
Over the recent weeks, the various changes include the hiring of a new Investor Relations firm, the implementation of a new company website, the announcement of the new acquisition and the recently completed annual financial statements. Information of the recent acquisition can be found on the new company website, www.flushaway.com. There is no change in the company stock symbol. A quote for the company shares can be found on www.pinksheets.com, under the symbol “PYCT”.
The product has recently undergone a design change to make a better performing and vastly cheaper product. When production recommences, samples of the FlushawayTM brand of products will be sent to all shareholders on our shareholder list.
We will endeavour to move the new business model forward and maximize shareholder value and this being said the company remains fully committed to no reverse split for the company shares for the foreseeable future. If you have any questions or would like to be included on our e-mail list for future news releases, please do not hesitate to call our toll free line or contact us by e-mail. All calls and e-mails will be responded to in a timely fashion.
Yours Sincerely
PayChest Inc.
Tom Hands
PayChest IR
AI
