PayChest, Inc. Announces No Reverse Split
March 11 2009 - 3:53PM
Marketwired
PayChest, Inc. (Arizona) (PINKSHEETS: PYCT) announces that there
will be no reverse split in the company's shares neither in 2009
nor in the foreseeable future. The company has consistently
maintained and implemented this philosophy as reverse splits are
typically detrimental to shareholder value. The shares outstanding
remain unchanged at 19.85 billion shares. The company is extremely
confident that as developments progress with the "Flushaway" pads
and liners, shareholder values will be enhanced.
The company is confident that it will deliver a women's hygiene
product line to the consumer that is of equal or better quality to
the major companies in this marketplace (Proctor and Gamble,
Kimberly-Clark and Johnson and Johnson) while having the added
feature of being a flushable product at a comparable price.
About PayChest (Arizona)
PayChest, a global marketing company and developer of technology
solutions, and its strategic partner companies market and
distribute select products and services worldwide, which provide an
increased public awareness to conserve and preserve the world's
limited resources.
About the proposed dividend PayChest (Oregon)
PayChest and its strategic partner companies are developing
integrated commerce processing solutions utilizing cutting edge
technologies to deliver in store, online and mobile solutions
globally. These include turnkey point of sale solutions, gift and
loyalty portal systems, ACH electronic systems, online and mobile
payment platforms and rewards-based platforms to integrate into an
existing business system.
Safe Harbor Statement
The foregoing press release contains forward-looking statements.
For this purpose any statements contained in this press release
that are not statements of historical fact may be deemed to be
forward-looking statements. Without limiting the foregoing, words
such as "may," "will," "expect," "believe," "anticipate,"
"estimate," "continue," "can" or comparable terminology are
intended to identify forward-looking statements. These statements
by their nature involve substantial risks and uncertainties and
actual results may differ materially depending on a variety of
factors.
Contact: PayChest, Inc. Investor Relations 1-877-525-5170
ir@paychest.com www.flushaway.com
Paychest (CE) (USOTC:PYCT)
Historical Stock Chart
From Jun 2024 to Jul 2024
Paychest (CE) (USOTC:PYCT)
Historical Stock Chart
From Jul 2023 to Jul 2024