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Alias Born | 05/07/2008 |
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Wednesday, July 07, 2010 1:30:25 PM
Rights to worldwide distribution? With a $5,000,000 note to CES (CEO Banks)- which is due in less than 2 years and for which they should have already started paying. And CES retained rights to prime US markets. CES still owns the patents. CES has gone dark. Nothing short of PYCT paying them will bring them back from the dead.
Not reverse split? Ironically thats the only real way to raise the millions needed to really develop and launch a real consumer product. PYCT CLAIMED that mysterious Hong Kong investors bought all the Preferreds in April 2008 injecting money into PYCT - but 2008 financials showed no signs this took place. Forget about 2009 financials - those are going on 14 months late.
Survived Pino years? Just moved from one Dominion of Melchizedek agent to another named Pillay (probably Pino associate Nico Botha). But Pillay has been AWOL since 2008. Hands claims he is still running PYCT but not even 2009/10 PRs mentioned him.
PYCT went from issuing nonsense fluff PRs to text entries on an Update Page on the website. This scam is running on fumes.
As for shorters - that fantasy. The final refuge for those who cant accept what PYCT reall is - a scam. Nobody purposely shorts NO BID X .0001 scams.
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