Paychest Inc (PYCT)

[adanac]

I'm more right than you.

There is a discrepancy in PYCTs financial.

It seems that in January of 2008, they issued shares 1,115,000,000 shares for a long term note and 1,599,990,095 shares for services.

Balance, December 31, 2007 16,941,321,385
Common Shares Paid for Notes 1,150,000,000 (Q1 FOR $115K)
Common Shares for Service 1,559,009,955 (Q1)
ADDED TOGETHER (WITH A SLIDE RULE) 2,709,009,955 - SEE BELOW)

Balance, December 31, 2008 19,650,331,340


This was reported right in the charting of shares on the Financials (still is correct), HOWEVER, a comment in the narrative remains incorrect as it states:

In January 2008, the company issued 2,709,009,995 shares (SEE ABOVE) towards the elimination of a long term note of $115,000 and issuing 1,599,990,095 shares for investor relations, accounting services, transfer services and management consulting services.

CAN YOU GUESS WHICH ONE IN WRONG????