Paychest Inc (PYCT)

[Dominion Melchizedek]

"YOU ARE IN TILL YOU'RE OUT"

Actually, there is one case that wouldnt be true. Where the SEC revokes the shares. One would not really OUT, but just holding worthless cancelled shares. If one gets their certs before the axe falls you can wallpaper a house with it. Thats the consolation prize.

As for your list---- there are many facts.

PYCT FLYING DUTCHMAN - TOP TEN FACTS

1) PYCT is a stock symbol that is still trading usually on anemic volume at NO BID.
2) PYCT has a guy who calls himself Tom Hands as the IR guy (as useful as a box of rocks).
3) PYCT has a website that updates FAQs sometimes - mostly months and even years go by without an update.
4) PYCT has issued mostly unverifiable PRs and consist largely of things that dont actually occur.
5) PYCT is nearly 13 months late with 1Q 2009 financials that were supposed to be out in late May 2009 as per PR (refer to #4)
6) PYCT issued 2008 Financials that conflict with PRs stating that in April 2008 mysterious Hong Kongians took control of PYCT by buying 100% of Preferred Shares. Not mentioned in 2008 Financials nor is there any evidence of any cash infusion (the alleged reason for doing it) Unless $1,500 is all they paid for PYCT.
7) PYCT - Tom Hands claims Lawson Pillay is still CEO, but his name hasnt appeared on PRs after 2008 and has been essentially MIA for a year and a half.
8) PYCT hasnt issued a PR in nearly 4 1/2 months and could only update FAQs with unverifiable dubious information.
9) PYCT has no real offices/phones/employees (Virtual offices dont count as they are essentially mail drops with optional office space rentals available)
10) PYCT has no visible means of income (other than possibly paying for services - like IR)or dumping shares on the market for income to keep the website up.

Thats it.