Paychest Inc (PYCT)

[dcjr4107]

Look on the website that was updated 2 weeks ago, sorry you are wrong. AND the company has NEVER sold one share on the open market since Pillay took over 5 years ago.

Giving shares out to insiders and for services rendered is very smart.

The company still has 3.8 billion shares to sell at .01+++++ that's 40+ $$ million

http://www.paychest.com/investors.htm

The company would never be able to update on the website that the OS is 21.8 if it was not. And you know that.

"While the reduction was a good thing, for a company that has supposedly been funded by deep pocketed outside parties for the past 4 years, it's a bit odd that they've needed to dilute the share structure from 16.6B to 21.8B."

Issuing shares to insiders and others is MUCH MUCH different than selling on the open market. Without knowing how much of those are RESTRICTED is totally RIDICULOUS to EXAGGERATE.

LOL - WOW