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Author Topic: PYCT 's BACK AGAIN
casviper
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I emailed these idiots the other day asking for an update on their 30 day action plan, especially when the 30 days are up. They referred me to their website to review their FAQ. Same old shyt with these people. I was hoping that it would rise enough so I can sell without a loss.
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Acer911
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IMO this company will have a good run until the end of the year... Dec 20 they launch.

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*I love pennies*

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mizzou7
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This "SCAM" will never change... I lost my *** in this stock... I wouldn't buy this if it was climbing to a dollar!!!

They lied about MLON, PYCT and XMET... I still have 4400000 shares of XMET and 4500000 shares of some spin-off of PYCT.... It's all BS. Make what you can and get the **** out!!!

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Acer911
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Im sorry but i see Paychest becoming a major player. Paypal has become a major player. Paychest hasnt even launched yet and when it does, it should get the attention of companies seeking its services, like Ebay did with Paypal. so this has big future. so hold ur shares and youll be thankfull.

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*I love pennies*

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mizzou7
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I have "NO" shares in this "SCAM"... Don't bet the farm on this POS...

quote:
Originally posted by Acer911:
Im sorry but i see Paychest becoming a major player. Paypal has become a major player. Paychest hasnt even launched yet and when it does, it should get the attention of companies seeking its services, like Ebay did with Paypal. so this has big future. so hold ur shares and youll be thankfull.


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bilgert
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quote:
Originally posted by Acer911:
Im sorry but i see Paychest becoming a major player. Paypal has become a major player. Paychest hasnt even launched yet and when it does, it should get the attention of companies seeking its services, like Ebay did with Paypal. so this has big future. so hold ur shares and youll be thankfull.

The only thing Paypal and Paychest have in common are the first three letters in the name of their company. I only lost $100 on this POS when I was a newbie in pennies and consider myself very, very blessed.

The company has a reported a/s of 100 BILLION on 6/06. It's a stinky pinky and it could be even greater now. Be afraid- be very afraid...

There may be a new CEO in town, but I bet Mario is within smelling distance.

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mizzou7
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You can bet on it... Mario is nothing but a "PUNK"...

quote:
Originally posted by bilgert:
quote:
Originally posted by Acer911:
Im sorry but i see Paychest becoming a major player. Paypal has become a major player. Paychest hasnt even launched yet and when it does, it should get the attention of companies seeking its services, like Ebay did with Paypal. so this has big future. so hold ur shares and youll be thankfull.

The only thing Paypal and Paychest have in common are the first three letters in the name of their company. I only lost $100 on this POS when I was a newbie in pennies and consider myself very, very blessed.

The company has a reported a/s of 100 BILLION on 6/06. It's a stinky pinky and it could be even greater now. Be afraid- be very afraid...

There may be a new CEO in town, but I bet Mario is within smelling distance.


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T e x
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quote:
Originally posted by T e x:
quote:
Originally posted by George:
quote:
Originally posted by OILDOG:
Pino being a shareholder is enough for me!! George, still pumping this thing? Just how many shares you still bagholding???? [Roll Eyes]

Never pumped a stock in my life. Only stating facts. I am just saying that Pino is gone. Of course he has stock. they gave it to him to get rid of him.
Pino's not a consultant anymore?
lol...

repeating: Pino's not a consultant anymore?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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casviper
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Dec 20th will be the telling of this story. If in fact it comes to light then maybe, just maybe this can be pulled off. If there are new owner and it sounds like it they can get rid of some of those shares which could begin to attract some new investor. At present this company has a huge trust issue they need to address. The first is the business itself. If they get that working I think people may begin to pay attention to this business model. If we begin to see advertising for the business/website then that too will help with the trust issue. Retire shares will also help the trust issue. I've been in this from the MLON so I have nothing to lose by giving this another chance. I would suggest those who haven't purchased NOT TO PURCHASE until we see where this is going. AS you can tell I'm not a pumper to a stock I own.
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casviper
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PayChest Announces Products and Services Launch

SANTA MONICA, CA, Dec 01, 2006 (MARKET WIRE via COMTEX) -- PayChest, Inc. (PINKSHEETS: PYCT) today announced the launch of its online payment gateway products: PayChest ACHnet, PayChest E-Check, PayChest RD21 and PayChest Credit Card Processing.
Through multiple agreements with regional banks, card processors and payment technology integrators, PayChest can now deliver a true e-commerce solution to online merchants and simultaneously provide a fully integrated electronic payment gateway.

The PayChest electronic suite of payment products enhances PayChest's commitment to delivering electronic merchant and consumer payment solutions.

In addition, PayChest will offer a turnkey online solution for prospective e-commerce business, comprising the setup of a website, an e-commerce shopping cart, web hosting, email server solutions, and merchant services.

This bundled package will be offered at an affordable rate and is expected to attract a range of online business from home based to larger business.

PayChest RD21 offers a remote depositing solution suitable for kiosks, check cashers and business with remote deposit needs. The PayChest ACHnet allows online money transfer between business and consumers nationwide via the federal ACH network.

These online services will be restricted to the United States until further notice. The credit card processing services will be provided globally. PayChest will launch these services on December 20th, 2006.

PayChest's CEO, Mr. Lawson Pillay, stated, "I am pleased with the progress achieved to date. These services mark the beginning of a solid foundation for PayChest's valuation and future growth."

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George
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17 million shares traded today.

Tex

Pino is not even a consultant now.
They had to use Pino during the process of buying the company but he and all others are gone now. I have researched this and played with it a little during the Pino days. It is a total new ownership now and they will have a hard time over coming the past but they must of got a good deal on the price. I am aware of all of the past with this one and may other that were run the same way..EPYH, GRYF, WGFL, NNOS, WHLI, MAMG, Qbid...even GTEL....I made 25k on GTEL, 10K on QBID and mad and lost money on others..it is the game in penny land. I think this one will pay off again and so will GTEL.

to

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If all goes well then great, if not, make it work.

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T e x
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weren't you on-thread during GVRP?

So did the company file/PR something to the effect that Pino's consultant gig ended?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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casviper
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If this thing doesn't launch on the 20th then game over. However, if this new team pulls this off and it's launched on the 20th then just maybe this could be the 2007 surprise. I guess we will know on the 20th.
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George
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quote:
Originally posted by T e x:
weren't you on-thread during GVRP?

So did the company file/PR something to the effect that Pino's consultant gig ended?

Yes sir...I bought one of those lotto tickets...I wished I sold during the first couple of days. I still have my shares locked up in the safe. What is their new trading symbol? MAMG got washed and sold to a new name...bunch of BS....

I was on here a lot during the first GTEL run and banked about 25k on that. It is getting me interested again so I am out researching. It is up 150% or so in the last few days. GTEM. I am looking to ride it again.

I also expect this PYCT to take off through the first of the year.

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If all goes well then great, if not, make it work.

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George
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quote:
Originally posted by T e x:


So did the company file/PR something to the effect that Pino's consultant gig ended?

From PR on 20 October.

"The initial strategy calls for immediate changes in staffing and technology. All existing PayChest relationships with directors, employees and contractors have been terminated. PayChest now has direct access to staff and technology through Genfin and its strategic partners. These resources will provide PayChest with intellectual property, financial processing software and connectivity to currently operational financial gateways."

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If all goes well then great, if not, make it work.

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casviper
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DRUM ROLL PLEASE

Do we launch tomorrow or not? Taking bets.

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George
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News on the website:


Pre Launch News :

PayChest confirms it is ready to launch its suite of solutions. These solutions include online financial payment services for individuals, organizations and businesses alike.

To advance these Services, PayChest relies on relationships with the banking community including Bank of America, Wells Fargo, CitiGroup, First Premier Bank and BanXCard.

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If all goes well then great, if not, make it work.

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casviper
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Could this actually be for real? Wouldn't this be a shyt kicker if this stock actually is now a real company that finally got its act together. I'll give up on CSHD for this to be real. I guess time will tell.
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George
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GET IN NOW.......

News Update:

PayChest Releases Products

Look for product releases and Web enhancements through the day.

A formal press release will cross the market wires shortly today.

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If all goes well then great, if not, make it work.

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George
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PayChest Launches on Target; Sets Sights for 1st Quarter 2007
Wednesday December 20, 1:23 pm ET


HUNTINGTON BEACH, CA--(MARKET WIRE)--Dec 20, 2006 -- Expanding its scope, flexibility and potential market applications, for electronic financial payment solutions, PayChest Inc. (Other OTC:PYCT.PK - News) today announced the launch of PayChest RD21, PayChest E-Chek and PayChest E-Commerce services.
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The expanded services provide payment solutions to consumers, organizations and business alike.

The PayChest RD (remote deposit) 21 service converts paper checks into electronic images expediting the processing and clearance of check deposits. This service reduces the need for paper checks and allows a business to remotely deposit checks via a digital image, to participating banks and vendors.

This service will only be available in the United States.

Key benefits include:

Quicker settlement of funds without significant hold periods

Expedited return information

Easy access via a secure Web-based front-end

Integrated reporting of electronic check payments

Reduction of check handling costs

PayChest E-Chek provides a secure electronic check payment solution for business and individuals processing payments, via the internet utilizing an existing checking account. The PayChest E-Chek program allows for payment to consumer and business accounts.

These products are being marketed via direct and indirect sales channels, utilizing existing distributors and agents of our partners..

The launch of these services comes on the heels of the "Thirty Day Action Plan" initiated by the company's CEO, Mr. Lawson Pillay.

Commenting on the Action Plan and launch results, Mr. Pillay said, "Firstly, I am thankful to our shareholders, partners and employees for their continued support and patience. We initially encountered some administrative and infrastructure delays, but I am excited that we were able to launch our new services as scheduled. We are finishing this year with a solid foundation for growth into 2007. We have relocated our operations to Southern California in line with expectations. We will continue to deliver on an aggressive new product schedule, in the first quarter of 2007 and promote our services through our partners. The 'soft' launch initiated today, also serves as testament to PayChest's commitment to monitoring quality control in a live environment. During this period, our developers will be able to make adjustments, if any, in anticipation of our full scale marketing launch in Q1, 2007. We will continue to diligently add new products and new partners."

First Quarter Service Release Schedule

January 2007 -- PayChest Rewards marketing program. Furthermore, the Rewards program will be released in conjunction with a debit card. The debit card and Rewards program will be marketed to payroll processors, direct employers, tax preparation companies, employment agencies, retail financial centers and sales organizations.

February 2007 -- a series of flexible, global gift card programs, for domestic and international markets will be released.

March 2007 -- international banking gateway access is currently being negotiated with several countries, for connectivity by March. This will mark our entry as a fully integrated global financial service provider.

Press announcements relating to the above launch schedules, will be released accordingly with more details.

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If all goes well then great, if not, make it work.

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casviper
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PR came out and the pps went down. I thought it would. I don't see this moving until the website is up and working and service are being provided.
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casviper
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IT WORKS !!!!! You can create an account. WOW!!! This may actually be the real thing this time. Website is up and running.
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George
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It is for real and it will only take time now. I will pickup some more cheap shares.

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If all goes well then great, if not, make it work.

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casviper
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It looks like they ran into some problems today. At least they were honest and posted on it on their website. Down today hopefully it was the bottom.
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OILDOG
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convert paper checks into electronic images" My banks have been doing that for several years. Johnny-come-late.

Thank shareholders for their patience. lol. Bagholder patience. For some its....infinite.

No audited financials,just pr's.Not even unaudited financials by a legit firm,so someone can be held accountable and go to Club Fed. Just a slap on the hand,last time.
No, no "investment",here. Cheap shares. They tend to get very cheap,all too often. A pinksheet "financial" business????lmao

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It takes a lot of attaboys to make up for an aww chit

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casviper
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PayChest Announces Rollout of Financial Services

HUNTINGTON BEACH, CA, Jan 26, 2007 (MARKET WIRE via COMTEX) -- PayChest, Inc. (PINKSHEETS: PYCT) today announced the rollout of several online financial services and provided updates on the company's banking relationships today. The announcements were made after a series of network and processing upgrades were completed, to streamline the online money transfer products.
The financial services made immediately available to the public include short-term payday loans through First Cash America, a company affiliated to PayChest through Mr. Pillay. Additional PayChest product rollouts include the release of the Banx debit card and the rewards program, scheduled for public release by February 20th, 2007. The rollout of the E-Store solution, as a comprehensive one-stop global e-commerce offering for small and large enterprises, will be accompanied with a press release next week.

Mr. Pillay stated, "As a global online financial services gateway, PayChest provides consumers the ability to transfer, pay or loan money from mobile devices or online. We have been able to enlist these services from our affiliate company banking relationships and I will continue to leverage these to PayChest's advantage. Our current banking relationships include Wells Fargo, Washington Mutual, Bankfirst, FBOD, Banxcard and First Premiere Bank."

He further stated, "This integration differentiates PayChest from others in the industry and is attracting the attention of larger search engines with our capabilities in this unique space. We will continue to set a new standard with further innovation and integration."

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mizzou7
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This company will never escape its name.... PYCT/MLON...
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casviper
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PayChest e-Store Commerce Solution Is Launched

HUNTINGTON BEACH, CA, Feb 01, 2007 (MARKET WIRE via COMTEX) -- PayChest, Inc. (PINKSHEETS: PYCT) today announced the release of the PayChest e-Store merchant solution, a feature-rich, fully scaleable e-commerce storefront for online businesses. The launch coincides with the company's aggressive product rollout for the first quarter of 2007.
With a clear focus to increase revenues and reduce transaction costs for online retailers and their customers, the PayChest e-Store web solution provides enhanced electronic marketing, e-commerce, order fulfillment and management tools, to small and medium-sized online business.

The electronic marketing tools provide online retailers with the data necessary to build valuable customer databases, optimizing their marketing efforts. These tools include permission-based electronic messaging, search engine optimization, analytical business reporting and tracking services.

The new service shopping cart supports an unlimited number of products, departments, categories and configurations in the shopping cart view. Further product enhancements on the platform include the support of products sold to be shipped and products and services available for downloads, such as e-books, or ring tones.

The e-Store integrates to the PayChest gateway, allowing online merchants the ability to customize their customer's ordering experience to suit their business needs. The order fulfillment process also includes easy check out capabilities and access to the shipping gateways.

"The PayChest e-Store solution leverages the latest e-commerce capabilities enhancing the online business experience for internet retailers and customers alike," said Mr. Lawson Pillay, CEO of PayChest. "PayChest's e-Store coupled with our financial services, provides our company a unique opportunity in the e-commerce space. At a benchmark price of $69.95 with enhanced services, PayChest e-Store is well positioned in the marketplace. With this new offering, we achieve the objectives of increasing online retailer revenues, provide the latest in technology, without jeopardizing quality and further reduce transaction costs for online businesses. The e-Store combined with the world rewards program, to be unveiled later this quarter, provides the e-Store retailer with increased sales through our unique affiliate marketing platform."

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