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lemon

07/16/13 12:06 AM

#99322 RE: detrohs #99320

So the DTCC has a punch list of to dos for Paychest? Obviously, you have seen this list...

An announcement would be great by the end of July or even sometime this week, for sure.

What do you feel will happen when the announcement is made and dates are provided for the changes to occur? Just curious! Thanks
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crazyjerry

07/16/13 12:57 AM

#99333 RE: detrohs #99320

I'm an ex sci-fi writer, and want to get back into writing, and I think this fantastic almost dreamlike tale will make a good read, when it all unfolds, all the truths revealed and the company grows up, like a good boy.
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Dominion Melchizedek

07/16/13 8:23 AM

#99349 RE: detrohs #99320

LOL! Yeah, they have to restructure and dump the 28 billion shareholders either by moving the STORY to a new low OS count shell or reverse splitting (they said they had NO PLANS to do it, but Plans Change when scammers get desperate).

My guess is they are trying to create a new shell and abandon the 28 billion PYCT stuckholder shares so they can issue new preferreds which in turn convert to billions of commons. That is if the SEC allows it.