Replies to post #115555 on Paychest Inc (PYCT)

[lloydm]

With DTC chill twice imposed on them. I don't see see them raising the AS.

Also note from annual report.

NOTE 5. FUTURE STOCK CONSIDERATIONS
The general shareholder consensus is to avoid a reverse stock split. Management concurs because it reduces shareholder value and confidence. Management will not use a reverse stock split to consolidate the issued shares. The consolidation will be achieved through further negotiation, share swap, buyback and other positive means. However, a reverse split will be necessary when PayChest is ready to advance to a higher trading exchange, such as the Nasdaq.