Replies to post #102525 on Paychest Inc (PYCT)

[crazyjerry]

Hopefully, the share structure will finally be cleared up when the name changing process is over, the new symbol, cusip and whatever else they got to do. YOU SEE, IF ILLEGALLY BORROWED SHARES ARE NOT REGISTERED AND SHOW UP NOWHERE, HOW ELSE CAN WE STOP THE ETERNAL ON-GOING PROCESS OF SHORTING. THERE'S NO RECORD, SO THE COMPANY MUST FORCE ALL THE SHARES OUT INTO THE OPEN, AND START ALL OVER AGAIN. Hopefully this time, shareholders will be treated with transperancy, the ability to look at all phases of the shareholders structure, like you see with the huge corporations, and the smaller more transperant one's I've seen here on Ihub, whereby the controlling shareholders names and amount of shares owned is revealed for all to see.

[Dominion Melchizedek]

There is zero proof of unregisterdd shares as evidenced by PYCTs not ONE but TWO socalled SEC Stock Audits - the last before they got their real TA. So any claims of shorting caused by unregistered shares is just plain wrong. Since then? Im quite sure PYCTs TA could find that out. Supposedly, the reason for the chill was irregularities regarding the conversion of preferreds that created more commons a couple of years ago. I recall PYCT saying somethng about this. Apparently PYCT is unable to satisfy the DTCC with a logical explanation for what went on back then and the chill is now going on 2 years. You can still buy and sell PYCT via some brokers who dont care about chills - like Etrade but for the most part investors are avoiding PYCT like the plague. Its pretty clear is 100% scam. $0 cash, $0 revenues, no sales, no discernable business activity at all. Total inability to sell more preferred that would bloat up the OS count in future years. PYCT is now just a zombie stock dragging itself along like an extra from The Walking Dead.