Paychest Inc (PYCT)

[lemondrop]

When doing a name/symbol change, if the company also goes through the process of getting a new CUSIP number issued with the symbol change then their transfer agent has to send out new shares to all the shareholders (retail brokers). And since PYCT has now completed 2 Stock Audits (maybe a 3rd has been done during this chill) the company is giving out the 22.5 billion (since Liani Holding's shares are locked up in the chill the real float is 22.8 billion) so all the shorts will have to be bought back by the settlement date which is about 3-4 business days after the date of execution.