PayChest Reporting Current on OTC Markets Pinksheets
11 April 2012 - 3:16AM
Marketwired
PayChest, Inc. (PINKSHEETS: PYCT) (the "Company") is pleased to
announce the Company is now reported as "Current" on
OTCMarkets.com.
This follows the recent filing of the Company 2011 Annual Report
and the supporting Attorneys Opinion Letter.
The "PayChest, Inc. 2011 Annual Report" and Attorneys Opinion
Letter can be found on www.OTCMarkets.com and is compliant with the
OTC Markets Alternative Reporting Standard and Guidelines.
Management believes increasing disclosure and transparency will
help the Company attract a broader investor base. Consequently this
change to "Current" is one part in a wider program aimed at
attracting a broader investor base.
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.
Management expects this interest to grow as Purchase Orders are
received and product goes onto the shelf in different countries.
PayChest plans to take advantage of this to introduce the Company
and expand investor interest to countries outside the US.
Historical news releases on the Company can be found at
http://www.paychest.com/news.htm.
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.
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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