Paychest Inc (PYCT)

[bigh41]

Please understand that I hate bashing this company. I have a boat load of shares and I love the predictions of .01+ pps. However I do have major concerns at this moment. I have read enough penny stock PRs to understand that it is not that they said something but how they phrased it. The last PR did nothing for me. Please feel free to “set me straight” if I am not correct on the following. Please do not tell me it is coming. It has been coming since May 2008 and is still not here.

A few of my concern are:
1) Mr. Soo was instrumental in establishing a supply chain but what they did not say was whether it was a current supply chain or the supply chain when he was with CES.
2) Over year ago the pads past test and sample were supposed to be made. Also sample where suppose to be made in June according the update page. Where are they?
3) This new board apparently has been around for a while and still we know no more than we did 2 years ago.
4) Several posters are happy that Pillay is gone however Pillay was PYCT and so promises that he made such as no reverse split are also gone.
5) Tom emailed several people and said news stream would start in 7-10 days. Regardless if this was actual days or business days the time frame has past.
6) Tom email people several months ago and at that time he had a draft on his desk waiting to be released. Nothing was released except a PR about the board and Pillay. I do not believe that this draft was the PR about the new board considering the board had not met yet.
7) there are several posters here post things as fact but provide no proof of where they got the info, info that the rest of us can not find.
8) O/S shares increase when the company supposedly
Has secret group financing them.
9) I can go on and will not even bring up the $5k letter that said “soon” over 2 years ago.