Check previous pages, we can redeem VMC for paycoins in near future.
Where did You see this kind of information ?
We havent announced anything like that !
It is not planned at all, PayCoins will be sold and the funds will be used to build up VMC Collateral Security !
Check this announcement please:
https://bitcointalk.org/index.php?topic=582873.msg9779729#msg9779729