Paychest Inc (PYCT)

[adanac]

WHO WOULD BE FOOLISH ENOUGH TO SHORT A .0001 STOCK

ONE OF THE SO-CALLED REASON THE 'SHORTS' DO NOT EXIST.

APPARENTLY SOMEONE THROUGH ONE OF THESE MMs

CHECK OUT #60343
THE FOLLOWING 'SUMMARY FOR JUNE 2010'

MONTH TO DATE FROM MY TRACKING
21 trades were for 75,372,809 @ UNDER .0001 for under $7,537.00
63 trades were for 128,543,207 @ .0001 for $12,854.00

MM FIGURES FROM FINRA REPORT
Total Share Volume 203,916,015
==============MTD==============YTD
DOMS======118,560,825=======558,674,325
NITE========83,355,190======1,486,098,996
HDSN========2,000,000=========7,000,000

THEN CHECK OUT THE SHORT INTEREST REPORT, THE LAST TIME THEY UPDATED IT

Jun 15, 2010 49,975 100.00 11,596,803

(i think poop mentioned $2.50/share Margin - no discount for large accounts)
@ 2.50 PER SHARE TIME 49,975 = $124,937.00 MARGIN REQUIRED

MAXIMUM SELLING VALUE .0001 * 49,975 = $5.00 MINUS COMMISSION
MAXIMUM PRICE TO COVER .0001 * 49,975 = $5.00 PLUS COMMISSION