PYCT formerly known as MLON closed up 100% yesterday @ .0012. For those of you that have doubts in PYCT doubt yourself anymore. Given the recent info. such as the FREE matching Dividends for each MLON stock you hold. I believe if we are going to compete with PayPal this company has to be serious and it seems so to me so far, they are not trying to inflate the stock price deliberately like most penny stocks. If they wanted to inflate the price of the stock they would have put out a PR weeks ago about the FREE matching dividends to drive the price up, but they didn't, they announce it 2-3 hrs before they made the name switch and secondly they made it payable on 2/11/06 for those who were still in MLON on record as of the close of 2/06/06. Had they wanted to drive the price up before the launch of paychest to enrich themselves they would have made those free shares payable after the launch date (2/15/06)to keep investors in to inflate the stock price for a greater profit. But because this company is a real company with a vision they are going about business in a legitimate way, gaining investors confidence going foward. Like I said if they mean business this stock will be trading around $5.00-$10.00 + within 6 months.
These are just my opinions, I have seen penny scams before but my hunch is telling me there are no games so far in this one, not that the eyes can see or the nose can smell. The 15th of this month would be a good read on their intentions, I am sure they will update us on that date or a day before of whatever plans they have in store......
I would love for someone to post this on the (PYCT/MLON) RagingBull board since I dont have any access to post there...
IMHO
2/08/06
8:55 AM.
