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 OVERVIEW  
PAYCHEST
Paychest is a global marketing company that licenses non-polluting technologies for development and commercialization.


MIBELLA PROJECT

Paychest has an exclusive manufacturing license to patents, trademarks, manufacturing and select marketing rights to technology that allows us to exclusively market our range of sanitary products in many countries.

Mibella® is a unique range of feminine hygiene products manufactured in a patented process that makes our products flushable, biodegradable and dispersible under the most stringent environmental standards. 


Flushaway® technology is used in our range of women's sanitary products. Flushaway® technology enables our products to be flushable and biodegradable. Our products include sanitary products,  babies' diapers and adult incontinence products.

Retailer and consumer product acceptance has already been demonstrated, by an earlier Canadian company who sold
Flushaway® sanitary products (the brand name they used) in the United States, United Kingdom, South Africa, Hong Kong and Australia.

On the retail shelf, Mibella® sanitary products are priced to be cost competitive to majors in the industry, delivering more features for the same price. 

The target market size for our sanitary products is an estimated $9 billion with the sanitary napkins (pads) market at $6.5 billion and the pantiliner market at $2.5 billion.

We have designed and implemented a new product design and component formulations to reduce cost of goods, increase margins, and provide better returns. Tests and trials following these improvements had teething troubles as new production processes were adopted. .

A first tranche of product samples have been manufactured and distributed.

The Company has received its first purchase order with a gross value of US $1.2 million.
  COMPANY INFORMATION
  1B Glamour Court
  1 Discovery Bay Road
  Discovery Bay
  Lantau
  Hong Kong SAR
  PR China

  8105 Birch Bay Square
  Suite 205
  Blaine
  WA 98230
  USA


  BOARD OF DIRECTORS
  President: Peter Coorey

  Directors:  Colin Lu (Guang)
                  
                  
  MANAGEMENT
  Peter Coorey


  INVESTOR RELATIONS
  Tom Hands USA 302-724-6944
      from overseas: +1-302-724-6944
                Canada 416-619-5242
      from overseas: +1-416-619-5242
                ir@paychest.com

 
  TRANSFER AGENT
  Transfer Online, Inc.™
  512 SE Salmon Street
  Portland, OR 97214
  T: 503.227.2950
  F: 503.227.6874
  www.transferonline.com

IMPORTANT HIGHLIGHTS

CORPORATE HIGHLIGHTS
  • New loan financing in 2015
  • Wrote off assets remaining under control of prior management 
  • Restructured balance sheet converting debt to preferred B shares 
  • Reduced by 70% the note payable for product license 
  • Started process to reincorporate in Delaware

PRODUCT HIGHLIGHTS

  • Price competitive with majors in the industry
  • Established manufacturing arrangements in China
  • Independent flushability test completed
  • Independent dispersion test completed 
  • Independent biodegradability test completed under American Standards for Testing and Materials (ASTM D5988-03). Test requires biodegradable milestone is achieved in 180 days. Flushaway achieved the milestone in 70 days. Traditional product does not biodegrade and plastic is estimated to remain in landfill for 200 years or more.
  • Retailer and consumer acceptance proven through sales of similar product by Canadian company that achieved retail sales in US and other countries 
  • First tranche of samples produced and distributed.
  • Select production equipment purchased by supplier
  • Pilot production started
  • Branded product and packaging Mibella
  • First purchase order received for US $1.2 million of Mibella product
  • Trademarks registered in US and UK
  SYMBOL  .
  Other OTC: PYCT.PK



  SHARE STRUCTURE
  Issued & Outstanding:
                27, 685, 264, 936
                     as of October 16, 2014
    





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