Paychest Inc (PYCT)

[adanac]

I see the bashers are back to stating shares are being given out by the company at .00005 "Heck most players at this level would love to get .00005 shares and dump them for .0001..."

Yet my postings of the company financials indicates even cash for shares are based on .0001. See below:

O/S DEC 8,2011 =========27,785,264,936
O/S DEC 2010 ===========22,250,331,340
DIFFERENCE============5,534,933,596

SHARE ACTIVITY IN 2011

NOT CANCELLED in 2006=================124,014,285
Shares for DEBT=======($16,092.00)========160,919,311
Preferred to Common=(180K Preferred)======1,800,000,000
Preferred to Common=(65K Preferred)========650,000,000
Given to Liani for continued FIN Support======3,000,000,000
TWO 100MILLION SHARE BUYBACKS=======(200,000,000)

O/S DEC 8,2011 =========27,785,264,936

The O/S on Sept 1,2011 was==== 27,985,264,936
The O/S on Mar 31,2005 was==== 19,850,000,000
A difference of OVER 6 YEARS====8,135,264,936

SINCE FLUSHAWAY (MAY 2008

SHARES FOR SERVICES : ZERO
SHARES FOR DEBT====: 560,919,311 (CASH OF $56,092.00)
PREFERRED FOR DEBT= : 400,000,000 (CASH OF $400,000.00)
PREFERRED FOR ???? : 600,000,000 ??????

O/S MARCH 2008 (PROIR TO FLUSHAWAY)========19,850,000,000
Shares NOT CANCELLED in 2006==================2,200,000,000
Shares for DEBT=======($40,000.00)================400,000,000
Shares for PREFERRED=($200,000.00)==================200,000P