Replies to post #87030 on Paychest Inc (PYCT)

[swim]

adanac...well said...looking forward to the 1st announced PO...&
sure are many non shareholders on the board...

[lakers17]

Want to bet any purchase orders won't be verifiable? Have you found the PYCT product at any trade show or in any woman's magazine like a real company would do before product release. Are you going to deny obvious dilution coming in 2012 per the financials. Keep making excuses and spinning. Did you support the same Banks and Hands in CES? What is CES currently trading at? What is your percentage loss or gain in CES?

Yes real investors DDing PYCT don't care about 28 billion shares and more coming. Means nothing? ROTFLMAO Simply hilarious. there also is no short. Keep dreaming. If there was there would be hundreds of posters here. Game over but did it ever really start?

[poopscooper]

Adanac,CES announced plenty of PO's.
And today you find the same players Banks and TommyBoy working a new crowd.Tom Hands has been since May 2008 and John Banks name has started to surface.
They announced plenty for CES and in the end delivered squat.


At the request of the TSX Venture Exchange, Consolidated Ecoprogress Technology Inc. wishes to clarify and update certain statements reported on the company's website and in various news releases

http://satellite.tmcnet.com/news/2004/sep/1071767.htm

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=4473101


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70652491

With today’s announcement that it has order
36 containers of its lauded Flushaways feminine
hygiene products, valued at $US1.8 million,
Consolidated Ecoprogress Technologies
Inc. (TSX-V: CES) has fired a warning shot
across the corporate bows of the likes of
Proctor & Gamble and Johnson & Johnson.

Reflecting this fact, the company’s stock chart
has a pretty nice look to it. It’s a smooth looking
rounded bottom chart formation with
good, primary support at the $C0.20 level.
Resistance comes in around just below the 30-
cent mark. A five-to-ten-cent gain should be
easy. A volume breakout above $C0.30 could
have the stock up by as much as another 20
cents.
Longer term, the potential looks much greater

[Anvil]

REAL SHAREHOLDERS care about Purchase Orders.

Some people, not real shareholders, but some posters, are really concerned about the share count. When the POs are announced REAL SHAREHOLDERS won't care about how many shares are O/S because they will ALL move up in price (ALONG WITH THE PRICE OF THE 'SHORTED SHARES')

My understanding is this board is discuss PYCT pro, con, informative ....

The current topics for PYCT, IMO, are:

1. The alleged product(s)
2. The o/s and any potential changes to the o/s
3. Company's efforts to obtain PO's
4. The secrecy aspects to Xinpro, management, etc.
5. The promised attorney letter.

I would say the divy, but that appears to be back burner.

Seeing as there is no info regarding items 1,3,4 & 5 above, or the divy for that matter, I have recently tended to focus on #2 as there is information available and I think it is important to see how the company is financing itself.

In this regard, 28 billion is a large o/s. I do find it interesting that historically, PYCT has been able to issue shares without a discount, with exception of Rich Capital.

But now, things have changed. The largest financing $300k was done at a 25% discount convertible into 4 billion shares. Combined with other converts, PYCT's o/s could grow another 6.65 billion. Then add on another 8 billion should Rich convert.

Another item worth discussing is the alleged NSS. Which I have a hard time believing given the company has gone through 2 DTC audits and adjustments were made. IMO, if there were more shares o/s than certs, I think the DTC audits would have caught that.