Replies to post #1181 on Paychest Inc (PYCT)

[Jim Bishop]

Dec 16/04 "Mellon (OTC:MLON.PK - News) today announced that it a (sic) acquired 3,000,000 shares which is less than 5% of Equity Retirement Distributors Canada Ltd. (ERDTF.PK) from Pearl Asian Mining Industries, Inc. (PRMN.PK) in exchange for 500,000,000 newly issued MLON shares subject to SEC RULE 144."

[Art2Gecko]

I wouldn't think a private share exchange would trade on the open market, would it? "Having no relationship with either of these companies" means just that, I think. They have no business relationships, not that they aren't just shareholders, and less than 5% holders per Mario's PR..