Paychest Updates Bloomberg, Plans Broader Shareholder Distribution
February 24 2012 - 9:00AM
Marketwired
Paychest, Inc. (PINKSHEETS: PYCT)
PayChest Inc. (the "Company") announces it has updated Company
information as reported on Bloomberg as part of a plan to add more
overseas shareholders.
Bloomberg is a well-known international financial services
company that supplies worldwide financial information. Many foreign
brokerage firms use Bloomberg to access company information as well
as stock quotes.
Paychest plans to take advantage of upcoming foreign Flushaway
and Mibella product sales to introduce the Company and expand
investor interest to countries outside the US. Presently, over 90%
of Company shareholders reside in the US. With recent positive
corporate developments, the Company has received a growing number
of investor inquiries from around the world.
The update to Bloomberg is part of a broader investor awareness
program aimed at worldwide investors and part of a broader strategy
aimed at maximizing shareholder value.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Historical Company news releases can be found at
http://www.paychest.com/news.htm
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.
Contact: Paychest, Inc. ir@paychest.com Tom Hands 1-416-619-5242
from overseas: +1-416-619-5242 Tobie Oliver 1-800-624-7479 from
overseas: +1-714-274-7206
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