This is going to be a much higher valued stock soon, and it is a very good entry point from this dip.
Update on Name Change and New Corporate Website
HOUSTON, Feb. 17 /PRNewswire-FirstCall/ -- Beral Inc. has developed an
acquisition strategy for ProActive Computer Services Inc. (PAVP: Pink Sheets)
following the announcement that it has become an active shareholder of the
company. Beral Inc.'s strategy is to restructure PAVP as a merchant bank or a
holding company for valuable international assets and ventures. Mr. Andrew
Racz (International VP of Finance) has identified several European financial
institutions and investment management companies that would like to transfer
their assets, specifically those worth at least $1M USD, into PAVP.
Negotiations are proceeding well with these firms and details of the
acquisitions will be announced shortly once they are finalized. Beral Inc.'s
fee for their services consists of warrants issued by PAVP that are
exercisable at $0.10 per share. Thus, PAVP's cash flow is unaffected by its
contract with Beral Inc.
PAVP has applied for a name and ticker symbol change and expects that it
will be completed by the end of February. The new name will be CortDev Inc.
in order to reflect its current business operations. A new corporate website
is also under construction to replace the defunct PAVP website at www.pacsi.com . The website will reflect the new image of PAVP that is
focused on building a profitable company with an emphasis on maximizing
shareholder value. CEO Andrea Cortellazzi states: "We are working hard to
regain the trust of long-time shareholders and to keep all investors informed
of company developments. We want to ensure that they are comfortable with
their investment and believe as much as we do in the long-term success of
PAVP."
For more information, please call 514-830-3348.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data,
constitute forward-looking statements that involve risks and uncertainties
that could cause actual results to differ materially from those stated or
implied by such forward-looking statements. The potential risks and
uncertainties include, among others, potential volatility in the company's
stock price, increased competition, customer acceptance of new products and
services offered by the company, and uncertainty of future revenue and
profitability and fluctuations in its quarterly operating results. More
information about potential factors that could affect the company's business
and financial results may be obtained by contacting the company at by phone at
514-830-3348. Please also be advised that the company's stock is not currently
registered with the Securities and Exchange Commission.
Contact:
ProActive Computer Services Inc.
Andrea Cortellazzi, 514-830-3348
Aalabbate@sympatico.ca
SOURCE ProActive Computer Services Inc.
-0- 02/17/2004
/CONTACT: Andrea Cortellazzi of ProActive Computer Services Inc.,
+1-514-830-3348, Aalabbate@sympatico.ca/
/Web site: http://www.pacsi.com /
(PAVP)
CO: ProActive Computer Services Inc.; Beral Inc.
ST: Texas
IN: CPR STW FIN OTC
SU: TNM
------------------
DaDog
Beral Inc. has developed an acquisition strategy for ProActive Computer Services Inc. (PAVP: Pink Sheets) following the announcement that it has become an active shareholder of the company. Beral Inc.'s strategy is to restructure PAVP as a merchant bank or a holding company for valuable international assets and ventures. Mr. Andrew Racz (International VP of Finance) has identified several European financial institutions and investment management companies that would like to transfer their assets, specifically those worth at least $1M USD, into PAVP. Negotiations are proceeding well with these firms and details of the acquisitions will be announced shortly once they are finalized. Beral Inc.'s fee for their services consists of warrants issued by PAVP that are exercisable at $0.10 per share. Thus, PAVP's cash flow is unaffected by its contract with Beral Inc.
PAVP has applied for a name and ticker symbol change and expects that it will be completed by the end of February. The new name will be CortDev Inc. in order to reflect its current business operations. A new corporate website is also under construction to replace the defunct PAVP website at www.pacsi.com . The website will reflect the new image of PAVP that is focused on building a profitable company with an emphasis on maximizing shareholder value. CEO Andrea Cortellazzi states: "We are working hard to regain the trust of long-time shareholders and to keep all investors informed of company developments. We want to ensure that they are comfortable with their investment and believe as much as we do in the long-term success of PAVP."
For more information, please call 514-830-3348.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. More information about potential factors that could affect the company's business and financial results may be obtained by contacting the company at by phone at 514-830-3348. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact:
ProActive Computer Services Inc.
Andrea Cortellazzi, 514-830-3348
Aalabbate@sympatico.ca
SOURCE ProActive Computer Services Inc.
Andrea Cortellazzi of ProActive Computer Services Inc.,
+1-514-830-3348, Aalabbate@sympatico.ca
http://www.pacsi.com
SJD
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Thanks in advance
SJD
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quote:
Originally posted by salemm:
Two sentences that should catch everyone's eye (from last PR)
"Beral Inc.'s fee for their services consists of warrants issued by PAVP that are exercisable at $0.10 per share. Thus, PAVP's cash flow is unaffected by its contract with Beral Inc."
Make your own conclusions... stock presently sits at 0.0094.
salemm.
OOO... almost forgot about that one. This generally means that they believe their PPS will be 0.10. The question is how far away is this figure?
bhodi
quote:
Originally posted by The Hippo:
i agree with the swing idea... of course, i bought in at 0.011, so, thats no good for me!!
HEY Guys. I have been in contact with George over at PAVP, He had some interesting things to say I'll post the e-mails tommorow since I am waiting on one more. The first thing we discussed was the O/S and float, O/S is 250 million shares with float of 52 million. Insiders hold allot here so I do not see an RS anytime soon. They plan to list OTC in about 6 months. Also the Beral Warrant;
I misunderstood at first, Its not an excersiable option to sell at 10 cents a share, it is one to BUY AT 10 CENTS!~! to me this is huge. 1. It means they are not going to buy the stock only to lose on it. In other word they beleive what they are doing with the CO will price a far greater PPS then 10 cents a share obviously.
2. They are long term in. What they want to do here is very big in my opinion. This might be the stock play of this year..
Im very serious about this.
Creating a merchant bank here = CASH COW. We might see this year well over 1 buck a share, I think Beral is seeing this as well.
The upcoming name change will clear out any naked shorts, if any. Hard to see why MM'S would want to do that now here and risk "the herd" longs making their naked shorts "naked"
Well to sum it up, we don't have a ton of 0/S and insiders hold most of it already. I dont see an RS here anytime soon and an RS here would not be the worst thing in the world. Sure Beral gets the quick pop to 10 cents but allthe insiders hlding here it would not make much sense to me. The lower float can bring us to 10 cents rather quickly here, I just dont see an RS ATM.
To ne if all holds in course this one is no no brainer!!
SJD
Up to 0.012 already
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Beral Inc. in Negotiations with Major European Financial Institution
Fingerprint Technology Acquisition Near Completion
HOUSTON, Feb 20, 2004 /PRNewswire-FirstCall via COMTEX/ -- Beral Inc. has entered into negotiations to secure a multi-million dollar investment in ProActive Computer Services Inc. (Pink Sheets: PAVP). The investors include a major European Financial Institution and private parties. The funds will be used to finance the CortDev Inc. airport re-development project, specifically to purchase capital assets. In addition, the funds will assist PAVP to attain OTC Bulletin Board status. CEO Andrea Cortellazzi is pleased with the progress that Beral Inc. has made in attracting international investors to his company. He stated: "This interest in making a major investment in PAVP is proof positive that our business plan is a viable one and has tremendous profit potential. These funds are essential to ensure that our strategy is executed and that we reach our short- and long-term goals." Beral Inc. expects to finalize this contract by the end of next week at which time further details will be released. Beral Inc. will then begin negotiations with other interested European investors.
Further details on the acquisition of the fingerprint technology identification business will be released on February 26. PAVP has been in intense negotiations with the target company over the past week and an agreement should be reached in a matter of days. According to CEO Andrea Cortellazzi, " ... the company is an innovative one with leading-edge biometric technology and an experienced management team. The partnership will be a win-win situation for both of us."
SJD
SJD
[This message has been edited by wildhog (edited February 23, 2004).]