Replies to post #48298 on Paychest Inc (PYCT)

[lakers17]

I don't invest on "going to" and I still own the shares I own bought when Pillay mislead everyone with his launch PR. I agree with MFrige's analysis and I look at my money as lost money. At this point I don't care and would rather be right. I still say this is nothing and never makes it to the shelves on a large scale or even moderate scale. Not even close. I'll stick with that. Keep believing though if it makes you happy. Tell me when you find Pillay.

[PRmaniac]

Like when Mario Pino issued a divvy? WSSE and XMET sure turned out well, didn't they?

Are you forgetting that when a co issues a dividend, the underlying company's intrinsic value decreases by the "value" of the dividend.

With the bloated share pool of around 20 billion shares, PYCT really needs a reverse split so the market cap can move even lower as the share price declines after the R/S.

I see that you also may be ingnoring the fact that PYCT has little or no cash, at last report. If you've been following along, it also likely has been racking-up obligations along the way. Testing and development and admin cash burn are not insignificant, and details seem to be purposely being hidden from investors.

Looking more and more like Mario Pino tactics all the time? LOL

Are you sure Pillay is not a Mario Pino a.k.a ? Could this also explain why the last known address for the company is now in Canada and thre CEO is now the statutory agent in AZ, the state of incorporation?