PayChest Inc. (PYCT)
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PayChest Inc. Profile
| Household Products Industry | Consumer Staples Sector | Peter G. Coorey CEO | OTC PINK Exchange | 704289107 CUSIP |
| US Country | - Employees | - Last Dividend | 3 Nov 2004 Last Split | - IPO Date |
Overview
Paychest, Inc. is a marketing company focused on the licensing of eco-friendly technologies for development and commercial use. Initially known as Mellon Research, Inc., the company underwent a name change to Paychest, Inc. in January 2006. Founded in the year 2000 and headquartered in Blaine, Washington, Paychest aims to offer innovative solutions to everyday products, emphasizing sustainability. Its primary efforts are directed towards the commercialization and improvement of feminine hygiene products, as well as exploring opportunities in biodegradable diapers and incontinence protection for adults, through its proprietary technologies, including the notable Flushaway technology.
Products and Services
- Flushaway Technology Feminine Hygiene Products: Leveraging Flushaway technology, Paychest, Inc. has developed a range of feminine hygiene products under the Mibella brand. These products stand out for being flushable, biodegradable, and dispersible. The technology ensures that the products do not contribute to environmental pollution, offering an eco-friendly alternative to traditional hygiene products.
- Biodegradable Diapers for Babies: With a focus on expanding their eco-friendly product line-up, Paychest is working on the development of biodegradable diapers for babies. These products aim to address the significant environmental issue posed by traditional disposable diapers, by offering a sustainable, yet practical, solution for parents.
- Adult Incontinence Protection: Targeting a broader demographic, Paychest is also exploring the development of products for adult incontinence that are environmentally friendly. This initiative reflects the company’s commitment to leveraging its Flushaway technology for creating solutions that cater to adults requiring incontinence protection, without compromising the environment.
- Winged Pads and Pantiliners: As part of its Mibella brand feminine hygiene range, Paychest offers winged pads and pantiliners that embody the company’s ethos of sustainability. These products are designed to provide comfort and protection, while also being mindful of environmental impact.
The company distributes its eco-conscious products through retailers across the United States, Hong Kong, South Africa, Australia, and the United Kingdom, aiming to make a significant impact in reducing pollution and promoting sustainability in everyday products.
