These clowns should come admit how wrong they were about pyct and listening to IR BS....5years of nothing happening is enough proof they have been had by pyct
dcjr4107 Tuesday, 07/06/10 09:35:36 AM Re: georgegreen post# 60444 Post # of 112268
The FACT IS; The company can only give out 3.8 billion to the shorts unless they raise the Authorized Share count higher to compensate for such a large number of NAKED SHORTS out there. The SHORTS do not like that because they will have to buy on the OPEN MARKET at much much higher prices than .0001.
If they can get the company to raise the AS and give or sell them the shares at .0001 then they are golden. Or if they ACCEPT the shorts offer of "Spiral Financing" (accepting financing from the shorts in exchange for shares) which is really bad because the shorts got the money that they are financing from NAKED SHORTING the company's stock. Ironic and too funny, because;
PayChest IR Tom Hands has said that he has REPEATEDLY been getting calls from "People that represent a private investor" offering financing in exchange for free trading shares. Tom said they are getting very nasty and yelling and swearing when Tom says "The Company is not interested. And then they yell and hang up.
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