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Monday, August 06, 2012 7:05:21 AM
HONG KONG--(Marketwire -02/10/12)- PayChest, Inc. (Pinksheets: PYCT.PK - News) -- The Company is in negotiations with six different customers worldwide regarding Purchase Orders for its Flushaway/Mibella range of flushable and biodegradable women's sanitary napkins. The Company is also in early stage discussions with two North American customers.
While the Company was targeting customers in North America and Europe it has also received significant interest from other countries that have progressed faster than anticipated. All customers have a significant retail presence in their respective countries.
The first purchase orders in each country has taken longer to arrange because of different package sizes for each country or region, different language packs, different shipper carton sizes, and local pricing including, shipping, local taxation and import duties. Alongside this, there is the retailer's shelf plan to prepare and manage the placement of product onto their store shelf.
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