Replies to post #47685 on Paychest Inc (PYCT)

[PayChest]

I called choicetrade to get certs for my pyct shares. All i did was ask them how much a cert costed. They asked me for my account number to see what shares i wanted on a cert. I told them that i only wanted to know how much a cert was. They put me on hold for 8 minutes. Then they told me that the DTC was not giving out certs for pyct stock. They also said the price of the cert depended on which stock you were getting the cert for. BS They are so full of it!!

[poopscooper]

"and i don't think anyone would be wasting 130,000 dollars on this in one month if they didn't have some sort of inside information."

If anyone had inside info you would need tout letters coaxing strangers to buy 0001 paper.
Insider,people close to the deal would be scooping this up,no need for tout sheets.
130k a month in paper sales is nothing if they had the goods.
Serious investors would be plopping down more then that if this were a real deal.
0001 paper would be gone quick,way before the tout sheet buyers.

[lakers17]

Why not? You have 20 billion shares outstanding so that is not huge volume. How many stocks have more shares? You also have tout sheets involved now, people most likely being aid in shares who want to get paid (Hands, touts and maybe even Pillay) and those who want to try for a double or flip. The volume started when the tout sheets got involved. No mystery.

[PRmaniac]

joe, this simply could be one of two things...either should not provide confidence in this POS.

1. The company is dumping shares at a steep discount to $0.0001 for services or to pay financeers. This makes sense, since PYCt is providing little or no disclosure on funding, and their stock promoter now seems to be contradicting what they PR'd about Pillay's company's compansation.

2. Certain people/entities have a lot of shares to dump; and as soon as pump/dump rumors or stock promoters help by attracting new bagholders/sucker investors, those bagholders buy the shares and are now stuck with them.

Still no bid...not looking good.