Paychest Inc (PYCT)

[Trum]

All a transfer agent does is handle the share "accounting" and reporting so as a company you don't have to. It does make it harder to dump off shares and but it does not stop them....and that is when the TA plays hardball....they have to keep it above board or they are taken down too.
I doubt they would shut down pyct this soon even if they have solid evidence of insider illegal activity...(striping off restrictive legends and dumping) It takes time and all the Chill does is buy more time while keeping a company from dumping off more.
Did the chill stop selling and what about German Brokerages? Is that also dampened by the Chill...not sure - need to research it.