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Paychest Inc (PYCT) 0.0001 $PYCT PayChest Reduc

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Post# of 273330
Posted On: 09/21/2016 7:16:58 AM
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Posted By: Stock_Tracker
Paychest Inc (PYCT) 0.0001 $PYCT

PayChest Reduces Long Term Liabilities by $3,500,000
Marketwired - Fri Nov 20, 8:00AM CST
Paychest, Inc. (OTC PINK: PYCT) wishes to announce that the Company has negotiated a 70% reduction in a key note payable reducing the amount due from $5,000,000 to $1,500,000; a reduction of $3,500,000.

PayChest Restructures More Than $1 Million of Debt
Marketwire Canada - Tue Nov 03, 8:00AM CST
PayChest, Inc. (OTC PINK: PYCT)

PayChest Restructures Balance Sheet
Marketwired - Tue Sep 22, 8:02AM CDT
PayChest, Inc. (OTC PINK: PYCT) is pleased to announce that the Company has completed a number of write-downs and write-offs aimed at restructuring the Company's financial position to better represent its on-going business. The second quarter financials, scheduled for release in the next several days will reflect these changes.

PayChest: Mibella(R) Production and Funding Update
Marketwired - Thu Sep 10, 8:02AM CDT
PayChest Inc.(OTC PINK: PYCT) is pleased to announce that the Company continues to receive funds under the recently announced $500,000 financing package. This money is being used to fund the initial production and sales cycle beginning with commercial production of the Mibella® product line through to receiving payment from the customer.

PayChest Arranges $500,000 Financing
Marketwire Canada - Tue Jul 21, 8:05AM CDT
PayChest, Inc. (OTC PINK: PYCT) is pleased to announce that the Company has arranged a $500,000 non-dilutive financing with an accredited investor. Under the terms of the agreement, the financing in its current format would involve a five year loan at 10% simple interest with interest payments deferred, capital repayments deferred and profit share payments of up to 7% of EBITDA. PayChest expects to receive the first significant tranche of this phased financing within 2 weeks. This follows receipt of smaller amounts late last week.

PayChest Prepares for Commercial Production of Mibella(R) Flushable Women's Sanitary Pads and Liners
Marketwired - Fri Mar 13, 8:00AM CDT
PayChest, Inc. (OTC PINK: PYCT)

PayChest Completes Designs for New Flushable & Biodegradable Adult Incontinence Product
Marketwired - Mon Nov 03, 8:07AM CST
PayChest, Inc. (PINKSHEETS: PYCT)

PayChest Retires 100 Million Shares
ACCESSWIRE - Fri Oct 17, 8:01AM CDT
HONG KONG / ACCESSWIRE / October 17, 2014 / Paychest, Inc. (PINKSHEETS: PYCT) PayChest Inc. is pleased to announce the buyback of 100 million shares and completion of its buyback and stock retirement program as previously announced.



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