Paychest Inc (PYCT)

[crazyjerry]

You people need to go back and read the last news release closer because: advanced stage means later stage, or latest stage of negotiations, which means their almost done, and with several known companies. Third party financing pays for the most important stages, PRODUCTION, MATERIALS AND WORK IN PROGRESS, in exchange for a standard fee, which means it happens a lot, with many business entities, but only for companies where there is good product profitability, which we know Paychest will be profitable, and based on the ability to pay. Paychest will be able to produce without the constraints imposed by its own cash pool, which means the Company can grow faster and focus on meeting market demand, which previous mgmt could not do. Also, growing faster means the route to revenues and profit accelerates, and we make money faster. We all know profit is the lifeblood of all stocks, without profit the Company will die. The company will consequently be able to pour their own cash into marketing and product development. It also mentioned the first purchase order was funded by a letter of credit, not a loan