Paychest Inc (PYCT)

[PRmaniac]

One patent that was pending had appeared on the WIPO web site (World Intellectual Property Organization) was recently discontinued by the licensor in favor of a superior design solution resulting in a new patent application.

Maybe it was discontinued because they had patent problems and could never get their film patented. I don't see how any new patent application will help them get around the fact that they may be using someone's intellectual property.

Now they are back to the drawing boards, possibly another 2 year setback. Meanwhile, they had a third party try to put down a deposit on one machine. Does PYCT not have any more money left for product development, and how much of the company are they giving away for someone to put down a down payment? Third parties do not do this out of the goodness of their heart...LOL