PAYCHEST
Paychest
is a global marketing company that licenses
non-polluting technologies for development and
commercialization.
FLUSHAWAY
PROJECT
Paychest
has an exclusive manufacturing license to patents,
trademarks,
manufacturing and select marketing rights to Flushaway®
that allows us to exclusively market in many countries.
Flushaway®
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® is being developed for a range of biodegradable
babies' diapers and biodegradable adult incontinence products.
Retailer and consumer product acceptance has already been demonstrated,
by Consolidated Ecoprogress Technology (CET), who sold
Flushaway® sanitary products in
the United States,
United Kingdom, South Africa, Hong Kong and Australia.
On
the retail shelf, Flushaway®
sanitary products are 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.
Since licensing Flushaway® a new patent and sanitary products
design was
adopted reducing
Cost of Goods, increasing margins, and
providing better returns. Tests and trials following these
improvements had teething troubles but the end results
were
successful.
Product samples have been manufactured and distributed.
Product branding has been improved.
The Company has started commerical production and is focusing
on pursuing sales.
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COMPANY INFORMATION
Paychest Inc.
570 East La Cadena Drive,
Suite 1E
Riverside
CA 92507
1B
Glamour Court
1 Discovery Bay Road
Discovery Bay
Lantau
Hong Kong SAR
PR China
BOARD
OF DIRECTORS
President:
Peter Coorey
Directors: Colin Lu (Guang)
Vivian Phillips
MANAGEMENT
Peter
Coorey
INVESTOR
RELATIONS
Tom Hands
(Canada) 416-619-5242
from overseas: +1-416-619-5242
ir@paychest.com
Tobie Oliver (USA): 1-800-624-7479
from
overseas:+1-714-274-7206
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
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IMPORTANT
HIGHLIGHTS
CORPORATE
HIGHLIGHTS
- New
President and Board appointed in Sept
2010
- Filings
and disclosure project started. Legal issue addressed.
- DTC
stock certificate audit complete.
- Appointed
Transfer Online, an SEC regulated transfer agent.
- Arranged
funding for production and marketing.
- Addressed
judgments filed against the Company when under prior
management.
PRODUCT HIGHLIGHTS
- Price
competitive with majors in the industry
- New
production processes reduced cost of
goods delivering improved margins
- New utility
patent registered with
Patent Co-operation Treaty for international protection
- Established
manufacturing arrangements in
China; growing the manufacturing capacity, considerably
reducing production costs and improving product quality.
- Received Canada’s highly
acclaimed
Environmental Choice EcoLogo™ certification.
- Independent flush ability 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.
- Sales of Flushaway®
previously
achieved in major US stores and other countries by CET.
- Samples have been
produced and distributed.
- Flushaway has completed FDA
registration
- A strategic
supplier purchased select equipment for Flushaway production.
- Pilot production
for Flushaway started.
- Commerical production started
- New brand added (Mibella)
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SYMBOL
.
Other
OTC: PYCT.PK
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STRUCTURE
Issued
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Outstanding:
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936
as of December 8, 2011
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