Paychest Inc (PYCT)

[breezin_chs]

Reg D in English.

starthewoundedpup, dilution? Lie? Um, I think you're looking at it the wrong way. Reg D is a vehicle for Mellon Research to HELP its clients obtain financing by providing "boutique micro-cap venture capital services to private mid cap companies." The idea seems to be to provide financing to a LOT of small and mid-cap companies while simultaneously taking equity positions and sharing the divs with the shareholders of Mellon Research.

http://www.venturea.com/pvt.htm

For some entrepreneurs, the best vehicle to accomplish initial equity financing under an exemption is through the use of Regulation D, which is a limited offer and sale of their company's stock, or securities, without registration under the Federal Securities Act of 1933.