Replies to post #93846 on Paychest Inc (PYCT)

[mortalmyth]

Say what?

My post had to do with Paychest first borrowing money to enable THEM to buy shares (i.e. do a buyback to retire some shares), and the insiders then taking the preferreds received in exchange for those company loans and converting them into billions of common shares, which Paychest had to then issue and add into the O/S count. As such, this was a company to insider stock churning scenario pure and simple. Even more of this churning may have occurred since the end of 2011 (as Paychest recently indicated in their 2Q2012 report) and contributed to the on-going legal DTC "Chill" being placed on PYCT shares.

As such, I'm not clear on what the above subject has to do with your message reply to me:

No one is buying shares so therefore no profit in this scenario which logically leads to your scenario regarding Paychest to be
FALSE

P.S. It is the end of the day and I'm very right about what I'm seeing and stating (and Paychest clearly concurs).