SOURCE: PayChest, Inc.

April 10, 2012 13:16 ET

PayChest Reporting Current on OTC Markets Pinksheets

HONG KONG--(Marketwire - Apr 10, 2012) - PayChest, Inc. (PINKSHEETS: PYCT) (the "Company") is pleased to announce the Company is now reported as "Current" on

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 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


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

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 Information

  • Contact:
    PayChest, Inc.

    Tom Hands
    from overseas: +1-416-619-5242

    Tobie Oliver
    from overseas: +1-714-274-7206