If you have not heard about the new News I have been waiting on for six months has finally been released.
$PYCT has had some significant buy orders the last few days, Over 1% of the A/S has already been bought out in the last 3 days alone. So much buy Volume and not many sales happening is telling me to buy some and hold on.
If you are worried about Volatility no need the beta is 2.401 which is a higher volatility than the Market itself. I like this stock because if the Company ends up being part of the 1% penny stocks that up list into NASDAQ then this would be the lotto play of the century.
I am not trying to pump this stock by any means please do not read into this the wrong way, After visiting many stores to do a survey on my own accord it seems that there is an equal amount if not more Pads sold to woman than tampons based on what I had seen as far as what was stocked on the shelves.
Now with Verified Products when they come out in stores, I am thinking will give this stock and company more value than anyone imagined. Early adopters will be rewarded if all plays out the way I feel it could.
Why?
Because these Pads will be the only Biodegradable Products for hygiene on the market today. Currently Thousands of Tampons and other products that are NOT biodegradable are being flushed into our toilets. Versus its competitors, I truly feel that it has a shot to beat the
Very limited Competition that is available today.
This is a great buy and also Potential long term investment. They are also developing other Bio Degradable products that will also be ONE OF A KIND on the Shelves.
$MNST took three years to go from .60 cents to $40.00pps + even they were underestimated and the Truth is Energy Drinks is more Competition than Tampons period.
Of course there is no guarantee but at these prices .0001-.0002 the reward could possibly out weigh the risk even if you held on for the next 3 years, It has been sleeping for the last 6 years and it's eyes have started to shutter. ...
PayChest Prepares for Commercial Production of Mibella(R) Flushable Women's Sanitary Pads and Liners
2015-03-13 09:00 ET - News Release
HONG KONG, CHINA -- (Marketwired) -- 03/13/15
PayChest, Inc. (OTC PINK: PYCT)
PayChest Inc. is pleased to announce it is preparing for production of its Mibella® womens sanitary product range.
Meetings over recent months with our manufacturing partner,
Xinpro Manufacturing, and their suppliers have validated production
plans and contingencies in preparing for upcoming commercial production.
The Mibella® product range to be produced first comprises
ultra-thin sanitary napkins, maxi-pads and pantyliners of our patented
and patent pending brand of flushable and biodegradable women's sanitary
products.
Under the initial production arrangement PayChest is
outsourcing production to eliminate or defer the high capital cost of
setting up our own manufacturing.
Supplier production is tailored to our unique requirements
using customized equipment, machinery enhancements or defined production
processes. Customized equipment or machinery enhancements are put in
place at PayChest cost. The Company has the option of acquiring Xinpro,
or parts of, to bring production under the control of PayChest at a
later date, if and when management chooses.
ISO compliance is a mandatory requirement for PayChest suppliers.
During a recent tour of the polymer film facility samples of
the film were obtained and tested for strength, elasticity and
thickness. The Company has asked for some modifications to the film to
enhance product performance and this is currently in process.
The Company has recently received product inquiries that open
up a new targeted market segment. Further news will be provided on this
and other developments as more information comes available.
Those not currently on our e-mail list for news releases are encouraged to call or e-mail the company to be added.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters
discussed in this press release contain forward-looking statements that
involve risks and uncertainties, including those described in the
Company's filings with OTC Markets
http://www.otcmarkets.com/stock/PYCT/financials.
Certain statements contained in this release that are not
historical facts constitute forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of 1995, and are
intended to be covered by the safe harbors created by that
Act. Reliance should not be placed on forward looking statements because
they involve unknown risks, uncertainties and other factors which may
cause actual results, performance or achievements to differ materially
from those expressed or implied. Forward looking statements may be
identified by words such as estimates, anticipates, projects, plans,
expects, intends, believes, should and similar expressions and by the
context in which they are used. Such statements are based upon current
expectations of the Company and speak only as of the date made.
Historical news releases on the Company can be found at
http://www.paychest.com/news.htm.
Contact:
PayChest, Inc.
ir@paychest.com
Tom Hands:
1-416-619-5242
1-302-724-6944
for trading and the bank just laughs at you? Well if you can write a good enough proposal you can