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   Non-TechPYCT - Paychest, Inc.


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From: xinpro12/3/2011 1:18:16 PM
   of 40
 
PayChest Inc. Starts Commercial Production of Flushaway® marketwire.com

HONG KONG--(Marketwire - Nov 10, 2011) - PayChest, Inc. (PINKSHEETS: PYCT)

PayChest Inc. (the "Company") is very pleased to announce the start of commercial production of a new design of Flushaway® sanitary products.

Flushaway® is a uniquely flushable and biodegradable range of patented sanitary products, expected to be price competitive to industry majors.

A flushable sanitary product solves a major problem for the consumer making after-use disposal discreet, private, easily accessible, hygienic, and clean. A biodegradable product ensures speedy elimination of the waste. The American testing standard ASTM D5988-03 requires the product biodegrade in 180 days, while our Flushaway® products biodegrade in 71 days. Flushable tests were carried out by Brunel University, England, and more recently by Air Products Polymers in the U.S. Sanitary products from industry majors are not flushable or biodegradable and estimates suggest they take 200 years or more to degrade.

A manufacturing agreement with Xinpro Manufacturing became effective in March 2011 when Xinpro completed the setup of a dedicated Flushaway® manufacturing facility in the Shanghai area, and the subsequent delivery of the first tailor made machine. This was the first in a series of machine purchases by Xinpro for producing Flushaway® in accordance with our new patent (patent pending).

This first film production machine and newly developed film manufacturing process, designed in the US, manufactures a cost effective, polyvinyl alcohol film using specialized materials, formulations, and know-how. A high quality film, along with patented treatment and other preparations, is key to ensuring the finished product performs during use while remaining flushable and biodegradable at disposal.

Retailer acceptance of Flushaway® has already been demonstrated by Consolidated Ecoprogress, which achieved sales of an earlier version to many stores including Walmart (USA), Boots (UK) and Big W (Australia). Under a license agreement initially issued by Ecoprogress, we are producing a lower cost product that performs better, and anticipate higher gross margins under the current PayChest business model.

The Company is confident Flushaway® will deliver "more for less" to the consumer by providing a product:

  • that has equal quality with the extra features of flushable and biodegradable
  • at a lower or equal shelf price to industry majors (such as Proctor and Gamble, Kimberly-Clark and Johnson & Johnson)
  • More details on the product can be found at www.paychest.com.

    The Company is focusing its efforts on sales and will make an announcement when information is available.

    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 otcmarkets.com.

    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.

    Historical news releases on the Company can be found at paychest.com.



    Contact Information
    • Contact:
      Paychest, Inc.
      ir@paychest.com

      Tom Hands
      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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    From: xinpro12/3/2011 1:19:54 PM
       of 40
     
    PayChest: Share Buyback Begins marketwire.com

    HONG KONG--(Marketwire - Nov 14, 2011) - Paychest, Inc. (PINKSHEETS: PYCT) (the "Company") is pleased to announce the early start of its share buyback program, as previously announced.

    This action follows last week's announcement regarding the start of Flushaway® commercial production. Flushaway® is a uniquely flushable and biodegradable range of patented sanitary products, expected to be price competitive to industry majors.

    As stated in the news release on September 15, 2011, the Company planned to buy back shares when circumstances permit. The start of commercial production and other business developments have created an opportunity to start the share buyback earlier than planned. Management are taking advantage of this opportunity as part of a broader plan to maximize shareholder value.

    The share buyback program has already begun and updates to the share count will be published on the company website, on www.pinksheets.com and through Transfer Online, the company's recently appointed SEC approved transfer agent.

    The Company is focusing its efforts on sales and will make an announcement when information is available.

    More details on the product can be found at www.paychest.com.

    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 otcmarkets.com.

    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.

    Historical news releases on the Company can be found at paychest.com.



    Contact Information
    • 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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    From: xinpro12/3/2011 1:23:37 PM
       of 40
     
    PayChest: Share Buyback Continues
    marketwire.com

    HONG KONG--(Marketwire - Dec 1, 2011) - PayChest, Inc. (PINKSHEETS: PYCT) (the "Company") is pleased to announce receipt of a further 100 million shares being retired under the recently announced share buyback program.

    Further to the reduction in issued and outstanding shares as of November 23rd, the Company has purchased a further tranche of 100 million shares. The lower share count will be reflected over the next week on the company website, www.paychest.com, www.pinksheets.com, and through Transfer Online, the company's SEC-approved transfer agent.

    Companies typically buy back shares to increase shareholder value.

    The Company purchased this 100 million shares at the current market price and plans to purchase more shares in coming weeks. This purchase continues the buyback program that is planned to last 3 months. The duration is dependent on a number of variables including the share price.

    Now that the Company has commercial production, the Company plans a Comprehensive Corporate Update in the next few weeks.

    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 otcmarkets.com.

    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.

    Historical news releases on the Company can be found at paychest.com.



    Contact Information
    • 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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    From: xinpro12/3/2011 2:50:11 PM
       of 40
     
    RETAILERS TO BE ANNOUNCED, STAY TUNED

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    From: xinpro12/3/2011 2:51:27 PM
       of 40
     
    THE PYCT SHELL WAS BOUGHT, NAME & SYMBOL CHANGE COMING THIS MONTH

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    To: xinpro who wrote (11)12/3/2011 3:53:54 PM
    From: hopster
       of 40
     
    Hopefully news will be out very soon

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    From: xinpro12/4/2011 2:21:09 PM
       of 40
     
    FROM THE COMPANY'S WEBSITE; "Flushaway® is being developed to deliver biodegradable diapers for babies, and a product for adult incontinence protection."



    I hear they might be doing a deal with one of the "Big Three" J&J, P&G or Kimberly Clark on this bio-degradable diaper.


    We will see very soon

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    From: xinpro12/4/2011 2:21:18 PM
       of 40
     
    DD on company that did the testing on FLUSHAWAY (polyvinyl alcohol film)
    "Air Products Polymers, L.P. is a joint venture between Air Products and Chemicals, Inc. and Wacker-Chemie GmbH that manufactures and distributes latex polymers."

    Air Products Polymers, L.P.
    Address: 7201 Hamilton Blvd.
    Allentown, PA 18195-1501
    Phone: 610-481-4911
    Fax: 610-481-4381

    chemeurope.com

    APD - NYSE $81.96
    airproducts.com

    wacker.com
    Last price:
    EUR 70.00

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    From: jmhollen12/4/2011 7:13:54 PM
       of 40
     
    It would appear that a name/symbol change or RM might be in the works, considering buy-back info and last 12 months of chart.

    .

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    To: jmhollen who wrote (15)12/5/2011 9:00:17 AM
    From: xinpro
       of 40
     
    Please update the i-box with the new info, otherwise please let me mod it so I can update it. I know everything, but maybe you should do some dd.

    Thank you!

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