Replies to post #36005 on Paychest Inc (PYCT)

[poopscooper]

Laker, dollars stores could be!
let's at least give them that.

http://findarticles.com/p/articles/mi_pwwi/is_200610/ai_n16797913


With new funding, the company will begin to use new materials developed by Quartek that is expected to increase our gross profit from approximately 20% to approximately 40%. Presently, 8 containers a month are needed for the company to be cash neutral. At a 40% gross margin, approximately 4 containers a month are needed to be cash neutral.

As you see Laker they say "With new funding the company will begin to use new materials developed by Quartek "

Did they ever get new funding?
IMO me don't think so