Replies to post #115945 on Paychest Inc (PYCT)

[poopscooper]

Lemon,In Canada they put an end to some of the BS/exaggeration/hype in News releases...the TSX steps in
lol...again I have to post this...lol this is soooo much fun making these monkeys look like clowns



http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29186699

At the request of the TSX Venture Exchange (the "Exchange"), Consolidated Ecoprogress Technology Inc. (the "Company") wishes to clarify and update certain statements reported on the Company's web site and in various news releases for the period from January 2003 to September 8, 2004.

[poopscooper]

What you think tom hands gets paid...In BC they got 10K a month back in 2004..So lets say 10K also for pyct IR GUY he does seem to work 24/7 and on holidays also

7years x 12 = 84months x 10K equals 840k that pyct has spent on IR...lol..wait lets use 8K a month equals 672K

but took 3years to get financing for production?
the list is long of what they could of done with 670K

lol...they could of buyback shares with that money
instead they hyped they bought back 30k

Is the picture getting clearer? or still scammier
Hence ClownJOB







Investor Relations Agreement

The Company announces that it has entered into a consulting agreement for investor relations services, dated effective July 1, 2004, with KCrew Communications Inc. ("KCrew") of Vancouver, BC. The agreement was for a term of three (3) months, but has been renewed for an additional three (3) months, expiring on December 31, 2004. The sole shareholder of KCrew is Mr. Raymond Szeto. The services to be provided by KCrew include certain administrative duties, shareholder communications, preparing promotional and multimedia material and investor relations services.

In consideration of KCrew providing the investor relations services to the Company, KCrew will receive a fee of $10,000 per month for each month of the agreement, for an aggregate fee of $60,000.

General

The Company's board of directors has established a new disclosure committee which will adhere to a written disclosure policy intended to ensure timely and balanced disclosure of all material information. The Company also plans to adopt an audit committee charter to ensure that matters relating to financial disclosure comply with regulatory requirements for timely, accurate and thorough disclosure.