The MM's might take it in the shorts with the RS and change from PAIV.
Posted by BlindMellonChitlin on :
The pps is showing .o6 pre open today. With a 1 for 200 RS of PAIV you would expect the PAVC pps to open at 12.00 but if it does that won't hold for long IMO. Within minutes of any real trading I bet it will plummet.
Posted by Hannibull on :
in one account (TD Ameritrade) I have restricted shares and 201 shares PAIV (PAVC), we'll see if they round up the 201 shares in that account (since I already have restricted shares, though the restricted ones do not show up in my account, and the 201 shares shows as a separate position) then I also have 201 shares in another account, without restricted shares. Let's see if we make some bank with that lol
Posted by BLACKBEARD on :
well i see 12.00 pps on the ticker symbol of pavc , and paiv is no longer valid.. whooo hooo i do hope we all make bank on this Posted by BlindMellonChitlin on :
I had a few bucks lying around, so last week I bought 200 shares when there was talk of the pps going to pop. Sort of a lark....lol.
Now it might turn out to be a good investment.
Posted by BLACKBEARD on :
yeah no doubt BMC
Posted by banah18 on :
1 x 1000 weee
Posted by banah18 on :
5 x 10000
Posted by Hannibull on :
on my Ameritrade streamer I see (*PAVC*), no value, no shares, so I probably can't sell any
Posted by banah18 on :
So it takes 2 -3 days before the PAVC shares show up in ur account
Posted by BlindMellonChitlin on :
I can wait for my shares. I don't see how I can lose on this 30 dollar investment.....lol.
Posted by Hannibull on :
6 x 9 ?
Posted by MoneyMoneyMoney on :
quote:Originally posted by BlindMellonChitlin: I can wait for my shares. I don't see how I can lose on this 30 dollar investment.....lol.
X 3 accounts for me !!!
Posted by banah18 on :
GO GO GO GO GO GO GO PAVC!
Posted by Hannibull on :
$7 x $8
Posted by BLACKBEARD on :
quote:Originally posted by MoneyMoneyMoney:
quote:Originally posted by BlindMellonChitlin: I can wait for my shares. I don't see how I can lose on this 30 dollar investment.....lol.
X 3 accounts for me !!!
nice nice , i only have 2 accounts but this little trade wull make my day wonderful
Posted by banah18 on :
I have 6 accounts weeeeeeeee,,,,,,
and im holding still 10 k shars from 0.08 wee me
Posted by BLACKBEARD on :
this is the only time i wish i had more accounts and may open more because of this lesson
Posted by The Phat Man on :
quote:Originally posted by Hannibull: $7 x $8
hannibull, where are you seeing $7 x $8
my scottrade streamer is still showing 12 x 12.20
Posted by Hannibull on :
on the TD Ameritrade site, find the quote for PAVC and it says bid 7 ask 8 but you could be right too Posted by Jmoove on :
etrade doesnt show anything, both symbols sdont show any l2's, still have 201 shares of PAIV
Posted by kermit42 on :
TDA was 6 X 7 the first time I looked at it so maybe it'll move up some more before the open.
I'm not in it. Good luck to everyone. May I be the only person in the world ever to lose money on PAIV.
Posted by BLACKBEARD on :
whoooo friigging hoo i see $1200 on this position in my accounts
Posted by banah18 on :
ITS GOING UP!
Posted by Hitman on :
Doesnt matter what the bid/ask is ... IMO if you buy today you loose..... It is going down the R/S killed it
Posted by banah18 on :
IM BUYING IN THE MORNING LOTS
Posted by Jo4321 on :
Since my account shows the PAVC ticker but still the PAIV prices and share amounts, I called TDAmeritrade to get some clarification.
The guy I talked to said that when a PR says that about rounding up to 100 shares that it usually means "per brokerage", not per investor. But they are waiting to find out for sure. He said that it is the "hot topic of the morning".
Too bad, cause I had only 1500 shares which, I guess, now will give me 7.5.
Also, TDAmeritrade said that they hadn't been delivered the PAIV shares and it isn't scheduled to finalize with them until August 7th. (Although, he did say that sometimes, it comes through earlier, so keep an eye on it).
So us TDAmeritrade folks *may* not be able to trade until August 7th. Wonder where the PPS will be by then?
Jo
Posted by banah18 on :
SO WHAT HAPPENS NOW!?
Posted by Hannibull on :
quote:Originally posted by Jo4321: Since my account shows the PAVC ticker but still the PAIV prices and share amounts, I called TDAmeritrade to get some clarification.
The guy I talked to said that when a PR says that about rounding up to 100 shares that it usually means "per brokerage", not per investor. But they are waiting to find out for sure. He said that it is the "hot topic of the morning".
Too bad, cause I had only 1500 shares which, I guess, now will give me 7.5.
Also, TDAmeritrade said that they hadn't been delivered the PAIV shares and it isn't scheduled to finalize with them until August 7th. (Although, he did say that sometimes, it comes through earlier, so keep an eye on it).
So us TDAmeritrade folks *may* not be able to trade until August 7th. Wonder where the PPS will be by then?
Jo
this is ridiculous, how come other brokerages can trade this one and TDA can't?? that's unfair
Posted by banah18 on :
I hope i can trade it!
Posted by jg on :
8k are out
Posted by Hannibull on :
Also, any shareholder holding less than 100 shares post split shall be rounded up to 100 shares.
from the 8K, it's official
Posted by MoneyMoneyMoney on :
The money is in my choicetrade account already, just waiting on scottrade and fidelity to finish.
here's what i got from Fidelity:
Heather Llenos: Because of the unusual circumstances regarding the reverse split, and because the company didn't make the announcement and DTC (the share depository) wasn't aware of the circumstances until last night, in order to get the total 100 shares as a result of the clause in the reverse split, it will take longer than normal. Our reorg group's estimation (they have not gotten a solid date from DTC) is that it will take a few weeks to show in the accounts - this estimation of the wait is based on how long the transfer agent takes to send the shares out to brokerage firms. If you choose to sell the shares, you can do so with a representative, but you are responsible for meeting settlement which is trade date plus three biz days. If unable to meet settlement, there is a possibility that a buy in will be necessary. If you want to do a trade in the security, you can call a Fidelity representative at 800-544-6666. We unfortunately cannot take any trade requests via Instant Messaging for complia...
Posted by Jo4321 on :
Well, that is good news, then. But we still have the slight problem of not being able to sell it right now.
Has anyone with any other broker actually seen their split go through and their shares (less than 100) rounded up to 100?
Jo
Posted by Hannibull on :
there's no trades going on?
Posted by BLACKBEARD on :
yes i have my account is all set i had 201 last night and no have 100 , and have a limit order in
Posted by Jo4321 on :
What brokerage, blackbeard? And have you sold them yet?
Posted by banah18 on :
im going to sell now
Posted by BlindMellonChitlin on :
It's a mess and the MM's will probably stall as long as they can in order to drive the pps down. I think they are getting it in the shorts again like with the IPRE change.....lol.
Posted by EverGreen on :
well i still have 250 PAIV but at $12
i'm RICH LOL
Posted by BLACKBEARD on :
quote:Originally posted by Jo4321: What brokerage, blackbeard? And have you sold them yet?
choicetrade
Posted by banah18 on :
my broker is on the phone he is going to sell!
Posted by BLACKBEARD on :
at what price?
Posted by MoneyMoneyMoney on :
ask side: 500 X 9.00 200 X 12.00 200 X 20.00 200 X 22.00 100 X 101.00
bid side: 500 X 6.05 500 X 6. 500 X 4. 500 X 1.25
I have not sold because I do not want anything "wierd" to happen. Not only that but I have 7 dollars invested for 1000. I'm not worried and I will sell when everything settles.
Good luck to all and congrats on your "geek play" win! Awesome.
Posted by banah18 on :
I CANT , they didnt do the rounding shares yet!!!!!!!!
Posted by freddy79 on :
I can't either damm scottrade hasn't posted my pavc shares yet on my account, it still shows paiv shares Posted by cowlowski on :
I dont think anyone can trade today. I called td ameritrade and they have to wait for the shares. I talked to jack the transfer agent and he said it would be a couple of days for everyone to get the new stock. Also no trades have gone through on my accounts with scottrade or td
Posted by MoneyMoneyMoney on :
microcaptrade shows no trades for today either.
Posted by Igor R on :
quote:Originally posted by cowlowski: I dont think anyone can trade today. I called td ameritrade and they have to wait for the shares. I talked to jack the transfer agent and he said it would be a couple of days for everyone to get the new stock. Also no trades have gone through on my accounts with scottrade or td
Same story with Etrade, she said they had to get the shares from the DTC, and that should be done in a couple days. Does the DTC work over the weekends, hopefully?
Posted by banah18 on :
Did anyone get the rounded up stocks or not yet ?
Posted by BLACKBEARD on :
yes mine got rounded up , but i have not been able to sell yet either
Posted by banah18 on :
Yorus got rounded up , i have 50 shares in my account didnt round up to 100 ? ?!?
Posted by NEL on :
I have Fidelity and they are still showing PAIV in my accounts (with the old pps of .06) but PAVC in my watch list.
Posted by banah18 on :
I called and asked the broker , they said they didnt get instructions yet
Posted by Gary59 on :
looks like 100 sh traded finally 6.05 though
Posted by Hannibull on :
some selling going on right now, I don't have my shares yet...
Posted by cowlowski on :
I see 200 shares that went through at 6.00 and now some at 10.00 wtf...
Posted by NomarKash on :
and now we restricted share holders watch our stock go in the gutter....
Posted by Gary59 on :
up to 500 sh now must have started trading in now
Posted by BLACKBEARD on :
i sold out at 6.00 yeyeeiiiiipppppies
Posted by banah18 on :
HAHAHA
Posted by NEL on :
PAVC showing as 6.05 on my watch list only!
Posted by BLACKBEARD on :
5000% return baby that is the first time i ever made 5000% very happy Posted by cowlowski on :
why 6 when the bid ask is 12 12.20? Congrats...but I hope this somehow makes the mm cover the shorts but I aint holdin my breath because the only way the mms loose is if you sue them!!! Like this article. http:/ /en.wikipedia.org/wiki/Nasdaq_Market_Makers_Antitrust_Litigation
Posted by stocktrader22 on :
quote:Originally posted by BLACKBEARD: 5000% return baby that is the first time i ever made 5000% very happy
How, I thought it was a reverse split and $12 would equal the last trading price of PAIV
Posted by Hannibull on :
and how come other brokerages don't allow selling? that's so unfair!
Posted by NEL on :
With this wonderful R/S my tradeable shares are down 78% (-$3,383) but my restricted shares are up 3,429% (+$26,952) so I guess I'll still be OK when I can finally sell in 1-2 years. Wishful thinking.
Posted by BLACKBEARD on :
no take yesterday closing price(.06) X 200= $12 for todays price
Posted by BLACKBEARD on :
yeah i forgot all bout my restricted i need to check on that , i will be purchasing a new boat with that a big one if the price holds till may 07 , which i think it will hold or go up ,but we will see
Posted by NEL on :
PAVC at $6 down 50% from yesterday
Posted by BLACKBEARD on :
and that ain't right bout the other brokers , i love choicetrade i have been through this before ,and they are so helpful and on the money
Posted by BlindMellonChitlin on :
Thee MM's are loving it....they'll drive the pps into the toilet before most shareholders can trade...IMO.
Posted by cowlowski on :
Its ok blackbeard I'll be happy to sell my 100 shares at 12 bucks/share on Monday or tuesday At least let me dream. HOOray BEER
Posted by BLACKBEARD on :
yeah it's 5 oclock somwhere , and beer:30 here
Posted by CMoney on :
Blackbeard did you sell with the help of your agent or online. Who's your broker?
Posted by BLACKBEARD on :
quote:Originally posted by CMoney: Blackbeard did you sell with the help of your agent or online. Who's your broker?
sold online with a limit order , and i have choicetrade, love em, Posted by Jo4321 on :
Dang, very frustrating to have your hands tied due to a broker.
Congrats to you, though, Blackbeard.
Jo
Posted by cowlowski on :
well look on the bright side we can all short this stock now if you believe it will crash!
Posted by CMoney on :
man
Posted by banah18 on :
everyone put their limit orders at 0.12 and lets riase it up to ther eand sell at .12
Posted by CMoney on :
Scottrade just told me shares will probably be delivered tonight.
They wouldnt allow me to sell because shares havent been switched yet.
Posted by cowlowski on :
do u mean $12.00
Posted by MoneyMoneyMoney on :
wow, just sold and got 8.5 X 100. The other two accounts I will hold for 12 dollars. They took that 100 way too quick!! Now wish I had em back. hehe.
I too used choicetrade. Fidelity and scottrade yet to add shares to sell.
Posted by cowlowski on :
Are td's l2 wrong or is the bid 6.05, 1.10, 1.01 and the ask 9.00 and 20.00
Posted by CMoney on :
Sweet Money
*should have gone with choice*
Posted by MoneyMoneyMoney on :
cowlowski, IMO I feel that the MM's saw and knew about the 201 trades. They will take her down to pay them off and will take it back up later where it should be! I will then sell my other 200 shares.
thanks CMoney. I still don't know why though it didn't show up on L2's though. Also I find it nice to have a variety of brokers so that when one broker can't or "won't" trade a stock another will. Many options...
Posted by Jmoove on :
still have nothing in etrade, they are sooo slow with this kind of stuff
Posted by Hannibull on :
I'm seeing mirror trades
Posted by cowlowski on :
now the ask is 9.00 20.00 and 60.50
Posted by BLACKBEARD on :
u got out at 8.05 money ? good job man
Posted by MoneyMoneyMoney on :
Woops, sorry, I didn't see the second message. I got 50 off X 8.5 and the rest 6.05. Thanks BLACKBEARD.
Your order to sell 50 shares of PAVC (US) has been executed at 8.5 (USD).
Your order to sell 50 shares of PAVC (US) has been executed at 6.05 (USD).
ask side: UBSS 500 X 9. Nite 5 X 9. VNDM 2 X 20. BMIC 200 X 22. SACM 200 X 41. ARCA 2 X 60.50 FRAN 100 X 100.
Posted by BLACKBEARD on :
nice can't beat that i saw one order go through at 10.00 , i just wanted to lock in profits i'm like u wish i had more to sell
Posted by BLACKBEARD on :
wheres tonicma , i think he/she was a little low on the 1-2 $ range hehehe
Posted by BLACKBEARD on :
shes back upto 6.50
Posted by Fuzzy1018 on :
why there's a big spread between b/a?
Posted by MoneyMoneyMoney on :
if you try and sell should be able to get 7 according to microcaptrade L2's now.
Posted by BlindMellonChitlin on :
The fact that the pps is holding at this level (and maybe slowly rising) seems to me to indicate that the pps will go up a good amount in the near future. Maybe the wait for my shares from Etrade will be a good thing. I might even stay long. Who knows...maybe a pps of 15.00 or better in the long run?
Posted by cowlowski on :
tD'S L2'S show bid at 6.08, 4.00, 3.00, 1.10, 1.01, .01 and the ask at 8.00, 20.00,60.5, 2,000.00 Does anyone else have l2's that differ?
Posted by MoneyMoneyMoney on :
woah!!! look at VERT X 2000!!!! wouldn't that be sweet.....
Posted by MoneyMoneyMoney on :
VERT $7 on the bid UBSS $5.5 on the bid DOMS $1.25 on the bid
UBSS $9 on the ask BMIC $22 on the ask SACM $41 on the ask
Yours and these combined make up microcaptrade's L2's.
Posted by brackep on :
BLACKBEARD can you confirm the rounded up thing ?
How much shares did you have last night before the split and how much shares did you get this morning after the split ?
before split 201 ? after split 100 ?
Posted by BLACKBEARD on :
i can confirm that brack , i bought 201 yesterday , and had 100 this morning at the bell
Posted by brackep on :
ok thx BLACKBEARD
Posted by banah18 on :
Im not selling , i dont care. once all these little 100 sellers are out , this is off
Posted by BLACKBEARD on :
and i'm taking the rest of the day off and gonna go ride my motorcycle , and maybe go fishin ,see ya later fellers , and congrats to all profit makers
Posted by freddy79 on :
I'm with you there banah, or at least hoping for that Posted by BLACKBEARD on :
quote:Originally posted by banah18: Im not selling , i dont care. once all these little 100 sellers are out , this is off
your probably right B but i still have restricteds to watch, and my profits are banked on this one Posted by BlindMellonChitlin on :
quote:Originally posted by banah18: Im not selling , i dont care. once all these little 100 sellers are out , this is off
I think you may be spot on. Next week may be very interesting. Posted by needthecash on :
I have Ameritrade. Does anyone know how soon before we can trade these. I assume the * around the stock means restricted, but how long?
Posted by Hannibull on :
how come choicetrade allows sells and others don't? What more do they know?
Posted by DivotDog on :
Is it not possible or conceivable that this 200:1 RS is not some kind of back door deal between the company and the brokerages to help cover their huge short position created from Ameritrade releasing the restricted shares at the time of the JPHC / PAIV merger.
If something along these lines is conceivable then the $12 PPS drop to an open at $6 allows them to cover their short position at half the price as what it was yesterday. Ultimately a MM play. Although the lack of volume maybe telling the MM's that we are patient shareholders and that we know that they are still stuck in their short squeeze situation.
Just I thought ....?
Posted by BlindMellonChitlin on :
Not necessarily any 'deal' but more the normal action after an RS. But in this case the future might not follow the 'normal' RS result. This may move north in a big way down the road. Posted by midwestTEK on :
SICK, SICK, SICK!!! Market cap is SICK 2!
Posted by DivotDog on :
Blind, You see this as a normal reaction to a RS. Well even better for those that recognize that the short squeeze that was in play for PAIV has just carried over to PAVC. That being said smart money would hold and force the MM's to cover their short position at a much higher PPS.
Posted by banah18 on :
ITS MOVING BY ITSELF I LIKE IT
Posted by banah18 on :
EVERYONE SELL AT ASK IF U WANT TO
Posted by Jo4321 on :
quote:I have Ameritrade. Does anyone know how soon before we can trade these. I assume the * around the stock means restricted, but how long?
When I called Ameritrade, the rep said it could be as late as Monday, but he also said sometimes things go through quicker so to keep an eye on it.
Great, just how I wanted to spend my Friday afternoon.
Jo
Posted by banah18 on :
EVERYONE SELL AT ASK!
Posted by BlindMellonChitlin on :
What's the hurry? It's up 25 percent today and looks to go higher. Monday might see 9.00 ...that is if the dipsticks quit selling at the bid.
Posted by banah18 on :
EVERYONE SELL AT ASK
Posted by needthecash on :
question! It is showing my shares restricted, but it shows I have the same ammount of shares as I did with paiv. is that right?
Posted by banah18 on :
SELL AT ASK
Posted by banah18 on :
anyone still in this weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Posted by midwestTEK on :
Of course, chekkin' in from the ole' golf course again.
Posted by banah18 on :
NO ONE HOLDING HERE EXCEPT ME
Posted by gemini5kl on :
dude most people dont even have the new shares in their accout, so there is nothing to hold, at the eairliest shares won't even get to the brokers from the dtc until monday.
Posted by freddy79 on :
quote:Originally posted by banah18: NO ONE HOLDING HERE EXCEPT ME
Im holding as well here too
Posted by McFly on :
I have what is probably a stupid question, but I thought I would ask this to the bright people of the world and the fact that I don't know what I'm suppose to do with these. I have the restricted share from JPHC, I haven't done anything yet because I don't know what I'm supposed to do with them. I have TDAmeritrade and I did send an email about this to them and they did reply but it didn't make sense. I am not a avid trader, I tried the trading thing and made some bad decisions and I know that, but what are we suppose to do to get the PAVC shares.
Posted by McFly on :
Thanks in advance by the way..
Posted by Camelboy on :
did this really go up 11,000% today????
Posted by banah18 on :
RECOMMENDATION GET OUT OF PAIV TODAY ITS GOING TO TANKE ONCE AMERITRADE ALLOWS U TO TRADE YOUR SHAREs
Posted by Camelboy on :
how can they get out though if they cant trade their shares?
Posted by banah18 on :
Those who can!
Posted by BigGuy133 on :
im not worried. we have until next may. and oil prices will go up again then anyway because the summer will be rolling in
Posted by Igor R on :
quote:Originally posted by BigGuy133: im not worried. we have until next may. and oil prices will go up again then anyway because the summer will be rolling in
Why wait till may, and what does oil prices have to do with anything?
Posted by midwestTEK on :
LET THIS PIG TANK! IMO get the moe-nay and run!
Posted by BLACKBEARD on :
banah u can set ur price on the ask ifin ya want but ,me hell i'm not that greedy , greed and fear , will kill a trader , i'm dam happy bout turnin 12.56 into $600, 5000%, over night , and like skip said on the other thread the MM's paint what they want. u have agood weekend there partner Posted by The Phat Man on :
quote:Originally posted by BigGuy133: im not worried. we have until next may. and oil prices will go up again then anyway because the summer will be rolling in
apparently you have money to burn then. to all, get out while you still can. (and then short the play into the ground). jmho
Posted by The Phat Man on :
quote:Originally posted by banah18: RECOMMENDATION GET OUT OF PAIV TODAY ITS GOING TO TANKE ONCE AMERITRADE ALLOWS U TO TRADE YOUR SHAREs
banah... what's your deal dude??? you have like 5 posts prior to this one yelling in all caps for people to get out and multiple posts just prior to this one you're yelling for everyone to hold, saying you're gonna hold, sell on the ask, etc. unless i've misread something, you're a loser and posting to your benefit only. most likely, while you were posting your 'hold' BS, you were selling everything you had. d!ck. imo
Posted by Chad on :
So it looks like those who bought 200 shares yesterday got their SICK gain, cool! However, I feel bad for those that bought over .04. (cause at $7, ur at a loss) I also feel bad for restricted shareholders if it does affect them. Like I said, RS's normally suck! Anyone that bought at .06 (and not the 200 share thing)basically lost 50% of their account value today and even more so for those that bought at higher PAIV price.
I dont see anyone selling, unless they made the quick "200 SHARE GAIN THING". Why would anyone? they'd take a huge loss, unless you bought PAIV at a penny.
Best chance is for old or new investers to buy and PPS to go up. This could be a good play once dust settles, I bet it'll make a 100% gain in not to long of time from a price of say $6.
Well, good luck to all holders and maybe someday we hit bigger board or get bought out or something?
Posted by EverGreen on :
i see you very happy
quote:Originally posted by EverGreen: if i read correctly: Any shareholder holding less than 100 shares post split shall be rounded up to 100 shares. **
so if you buy today 1000 shares ($60) tomorrow you will have 100 shares ($1200) ($12 post split price)
too nice to be true?
if thats true i'mm gonna buy 20 shares at the bell ,but i don't know how to tell if thats true or not,,, seems logical
Reply: i think minimum you need 201 shares to be left with 1 post split
quote:Originally posted by BLACKBEARD: banah u can set ur price on the ask ifin ya want but ,me hell i'm not that greedy , greed and fear , will kill a trader , i'm dam happy bout turnin 12.56 into $600, 5000%, over night , and like skip said on the other thread the MM's paint what they want. u have agood weekend there partner
Posted by jilly123 on :
fghbbv
Posted by same on :
Call your Broker Compliance Dept
Call the SEC, NASD, your Brokers Compliance Dept. Do a NASD and SEC Complaint against your Brokerage Compliance Dept for not cooperating with the T/A on requests made for information needed by the T/A so we can receive our Restricted PAVC formerly PAIV Shares.
If we do not put the Pressure on the above parties you will never get what is legally yours. THAT IS A FACT.
Here are Links and phone numbers for the SEC and NASD , Call the Compliance Dept Scottrade or your Brokerage Compliance Dept.
Scottrade Compliance Dept Phone # 1-800-888-1980 EXT 1900.
Posted by BLACKBEARD on :
yeah evergreen you started this whole mess LOL!!! but thanks fer being a quick thinker , i give u 5 starz Posted by Hitman on :
I am shocked to se that anyone even bought at any price today..... What a gr8 way to loose your hard earned mone
Posted by DivotDog on :
quote: -------------------------------------------------------------------------------- Originally posted by KittyKatGiRL: You guys realize that we have consistenly had 55 Mill volume for so long....BUT, the share price has gone so high since that time that the dollars traded per day have been shooting up day after day, even thought the # of shares is around the same. --------------------------------------------------------------------------------
Quote from Freddy79 It has been averaging bout that mark for the last 10 days or so
Just some quick math and something to think about.... at yesterdays prices todays volume nets the approximately the same dollar value as the average volume of approx 50 mill shares / day of PAIV
Short squeeze still in effect and MM's waiting for panic sellers to drop pps before they fill their shorts. IMO... GLTA
Posted by Skyman on :
4 pages of posts and not one word about what the company makes to sell. Not one word about profits, total assets, nothing.
Posted by midwestTEK on :
The Pumper vs. Basher Saga, (to be continued)!!!
Posted by BlindMellonChitlin on :
LOL.... Nobody really cares what they sell or do...just that the pps goes up!
Same for most pennies.
Posted by Chad on :
SAME, thx for the numbers listed above. When I get some time, I'll try to call some for some answers. Cause I want my damn shares, at least to see them! lol
Posted by ArmySGT on :
so let me get this right, since i have been gone, my 1900 now 9.5 shares but since i have less than 100 they will round me you to 100 shares? so confused
Posted by USF11 on :
Yes you will have 100.
Etrade was able to place sell orders for clients presuming they took the responsiblity of a short position.
I got $8 for mine and a few friends also got $8 and mid $7's. I would expect this to crash once people get their shares. The trades on wednesday were near 500. Thats alot of people left to dump.
Posted by ArmySGT on :
ok well i have scottrade and it doesnt show that I own any stocks in PAVC still shows my PAIV shares at 1900# so that kind of sucks, thank god its the weekend. So how can I put in a sell order without owning the stock??
Posted by NEL on :
My shares changed over today but only show account #1: 53 shares (from 10,570) account #2: 8 shares (from 1,750) account #3: 22 shares (from 4,500) account #4: 90 shares (from 18,000)
does that mean I will get 100 for each of the 4 different accounts? All are held by one brokerage firm, Fidelity.
Posted by BLACKBEARD on :
quote:Originally posted by NEL: My shares changed over today but only show account #1: 53 shares (from 10,570) account #2: 8 shares (from 1,750) account #3: 22 shares (from 4,500) account #4: 90 shares (from 18,000)
does that mean I will get 100 for each of the 4 different accounts? All are held by one brokerage firm, Fidelity.
call fidelity and ask
Posted by BLACKBEARD on :
see for me it wasn't about the money cause i have plenty for the things i need or want, well i don't have millions, but am on my there, i was just excited cause i had profited 5000% on 12 bucks , Posted by T e x on :
quote:Originally posted by BLACKBEARD: see for me it wasn't about the money cause i have plenty for the things i need or want, well i don't have millions, but am on my there, i was just excited cause i had profited 5000% on 12 bucks ,
DOH!
nature of the geek play... Posted by Jo4321 on :
quote: ok well i have scottrade and it doesnt show that I own any stocks in PAVC still shows my PAIV shares at 1900# so that kind of sucks, thank god its the weekend. So how can I put in a sell order without owning the stock??
Therein lies the rub for those of us who, by purchasing less than 20,000 shares, now find ourselves with a serendipitous opportunity that we cannot yet take.
It kind of stinks cause we didn't try and play the loophole by buying the minimum amount yesterday. We are the ones who are supposed to benefit from the "rounding up".
Keeping my fingers crossed that there will still be some value to the shares once we receive them.
Crooks, yes, but did I miss PAIV/PAVC on the list?
Posted by DivotDog on :
coppied from ihub
Posted by Dallas66tx on Raging Bull:
By: dallas66tx 05 Aug 2006, 06:41 PM EDT Msg. 12621 of 12621 (This msg. is a reply to 12619 by bobbybdb011.) Jump to msg. # bobby:
1,000,000 JPHC shares
1,000,000 X .46232 for PAIV ratio = 462320 PAIV shares. R/S conversion to PAVC 462320/200 = 2311.6 PAVC shares.
To answer your second question, yes, it will eliminate a lot of penny stock traders. That will be because of the pps alone. Next, this is NOT a newly formed penny stock. What we are going through currently is a transitional period by the company to move up to the nasd/amex. By lowering the A/S and O/S it makes the company more viable and attractive to the bigger investors that don't consider pinksheet/otcbb stocks. It also puts the company in compliance with the minimum pps requirements by both exchanges.
I agree that an R/S is more often than not a death blow for penny stocks, but one must consider the REASON for the R/S. Yes, it reduces the quantity of shares shorty has to cover, but it also reduces the liquidity of available shares shorty has to compete for. Also, financials will be out soon, and I do know management has been planning this for some time as a part of a progressive move to the bigger boards. They didn't R/S just to have something to do...they have a purpose, and that purpose is compliance with moving to the nasd/amex. Ohhh...and shorty IS NOT off the hook...they, or their brokers HAVE to cover those phantom shares. I own a nice chunk of those shares, as well as others in my investment group...and they aren't going to be cheap. GLT
Posted by DivotDog on :
also from ihub
Update -- August 4, 2006 (**************.com) -- There is never a dull moment where Paivis is concerned. Like many investors and critics, we find ourselves wondering at the eventual outcome of this downright bizarre situation that involves massive FTDs, undelivered buyout shares, and outrageous price oscillations. Following a 1:200 reverse split effective August 4, PAIV reopened as PAVC and began trading at $6.05 per share. The stock posted an intraday gain of 32.2% on moderate volume, closing at $7.10. But this particular reverse split included a free share giveaway that saw some investors cashing in with overnight gains of up to 1,000%.
In addition to being the single most shorted stock in the OTC (7/26 Short Interest Report), the terms of PAVC's 1:200 reverse split were also quite unique. In an August 3 press release and 8-K, Paivis specifies, "There will be no fractional shares issued under the consolidation; therefore all fractional shares will be rounded up to the next whole share. Also, any shareholder holding less than 100 shares post split shall be rounded up to 100 shares."
Cha-Ching. Essentially, Paivis gave away up to 99 free shares to anyone holding less than 100. For example, an investor holding 1,400 PAIV shares (worth $84 pre-split), received 7 PAVC shares plus an additional 93 shares free of charge (worth $800 at Friday's high of $8.00). The example described above would have yielded this lucky investor an instant 850% gain. For a stock that has already posted gains in excess of 25,000% since May, this "squeeze of a lifetime" continues to deliver substantial profits for some retail shareholders.
Alas, only a few fortunate traders whose brokers freely complied with the terms of the company's 8-K were able to sell their free shares during Friday's session. Many brokers, including Fidelity, refused to issue the additional shares - telling customers "we will update your account when the shares are delivered." One Fidelity customer reported the full-service broker said it might be 2 - 6 weeks before the round-up is credited to his account. What the share price will be at that time is anyone's guess. However, ************** notes the possibility exists for customers who sold shares on Friday to encounter short cover scenarios if the promised shares are not delivered to brokers in a timely fashion. Such an occurrence would not be the first in this unpredictable, often confusing drama.
The overall short position is now rumored to be as high as tens of millions of shares, on an assumed post-split float of just 150,000. ************** is hesitant to make any assumptions on what this latest development means for current shareholders. As of this writing, there are precious few provable facts, and no clear resolution yet in sight.
Note: ************** continues to urge our readers to proceed with caution should they choose to trade this stock. With powerful market forces creating extreme volatility, the opportunity for profit is countered by extreme downward pressure. Recent intraday gains and losses in excess of 40% make this a stock best suited for experienced investors and day traders.
Aug 3: Paivis, Corp. Announces Effective Date of Reverse Split and New Ticker Symbol PAVC
July 19: Ant & Sons: Paivis Corporation: The Ultimate Penny Stock Short Squeeze
June 29: Paivis Provides Information Regarding the Exchange and Delivery of Shares
May 25: Feature Story: PAIV "Phantom Shares" Debacle Unresolved
Posted by Hannibull on :
how exactly would people who sold their shares be forced to cover? these shares weren't restricted just because they went through a RS right?
Posted by MoneyMoneyMoney on :
Well, if you own restricted shares and you sold, you will have to cover. As for say me, that bought 201 "unrestricted" shares will NOT have to cover. The RS in this instance does NOT make unrestricted shares restricted.
Posted by midwestTEK on :
So if they short this to sya 1 bone ... that like equal to the previous .005. Am i catchin on? LOL. I will be there to buy, if so! GLTA!
Posted by Hannibull on :
yep money³, I bought 201 shares as well, so I don't see how I would be putting myself into a short position by selling unrestricted stock
thanks
Posted by NEL on :
Here's my message from Fidelity. I have 4 different accounts with them, all of which have under 100 shares each.
Please allow me to clarify. Your share balance for Paivis Corp (PAVC), will be rounded up to 100 shares, in each account. However, the shares must be sent to Fidelity first. This rounding up option doesn't have a specific date. When we receive the shares of PAVC, they will be immediately placed into your accounts.
Tick, tock, tick, tock.
Posted by EverGreen on :
Choicetrade + Lowtrade (both with Penson) already gave the 100 shares
Posted by Jo4321 on :
When asked when I will get my "rounded up shares", Ameritrade just told me this morning basically "It depends". They said it depends on what Paivis decides to do because they can delay it if they want. The free shares may take up to a week to arrive in my account.
Wonder why it is so much different with them than with Choicetrade and Lowtrade.
Jo
Posted by Hannibull on :
quote:Originally posted by EverGreen: Choicetrade + Lowtrade (both with Penson) already gave the 100 shares
exactly, my Ameritrade account and my overseas broker don't show those shares yet, how come other brokers like these two show 100 shares and ours don't ? makes no sense
Posted by freddy79 on :
Same here with scottrade, I think with this they have lost my account. I'm going to cancel it Posted by Igor R on :
Anyone with etrade gotten the rounded up shares yet? Im still stuck .
Posted by pepa z depa on :
i just sold my 100 shares for 7 bucks each, unfortunately i dont even remember how much of paiv and for which price i bought it. my MBtrading account is ****ed up right now, i only rember i didnt have much of Paiv stock.
Posted by ArmySGT on :
My scottrade is still showing my PAIV shares nothing has changed over yet...this sure blows hopefully PAVC keeps going up in the meantime
Posted by BlindMellonChitlin on :
My Etrade account shows no PAIV (ticker not valid anymore) and no PAVC. I'll just have to be patient I guess. It seems the pps is giong to stay about where it is anyway.
Posted by 4Given on :
WOW, my husband paid 95 dollars and owns after split 2387 shares........... coooooool
Posted by MoneyMoneyMoney on :
WOW, he must have had ALOT of pre-split shares! But why the 95dollars?
Posted by 4Given on :
he bought over a million of jphc, then turned to paiv then pavc, forgot he had it in one account and just called the broker, etrade said they would sell it now, but would short, he said he would wait. Posted by MoneyMoneyMoney on :
Yup, I wouldn't sell either. At least until the restriction is over, which I think is little less than a year for old JPHC holders.
Nice job with the gains!!!
Posted by midwestTEK on :
Ameritrade still stuck on JPHC shares,. This is boring!...Get on wit the shoe!!! Rich bastages!
Posted by Hannibull on :
$3.25 ... ew
Posted by Impat on :
News out !
Posted by MoneyMoneyMoney on :
I see none. Where you getting yours from?
Posted by Impat on :
Check my math on this, but I don't think that's possible.
2387*200=47740
47740/.46232 = 1,032,618
He couldn't possible have paid less than .0003 for the JPHC shares, as far as I can remember, so he'd have to have paid at least $300, and that's if he got his shares at the low point.
quote:Originally posted by 4Given: WOW, my husband paid 95 dollars and owns after split 2387 shares........... coooooool
Thank you Sir/Ma'am. I looked and didn't see under microcaptrade or otcbb.
Posted by Impat on :
Just came out at 9:04 AM, check on the summary file. It seems to me net income at $3/sh should rock this one to the moon!
Posted by BlindMellonChitlin on :
LOL... It's 3000 total profit spread over ALL the shares....
But at least it's a profit.
Posted by Impat on :
Yeah just came back from deep loss...
Posted by PCola77 on :
Haha, $3/share? I think that would assume there are 1000 shares outstanding. I'm thinking it's SLIGHTLY more than that.
$3,000 is the total net income, not per share, I'm fairly certain.
quote:Originally posted by Impat: Just came out at 9:04 AM, check on the summary file. It seems to me net income at $3/sh should rock this one to the moon!
Posted by midwestTEK on :
NICE INCOME STMNT!
Posted by Impat on :
Pcola, you're right! nothing bad but nothing good!
Posted by PCola77 on :
I'd say profit is good, but hard to get too excited about $3K
quote:Originally posted by Impat: Pcola, you're right! nothing bad but nothing good!
Posted by BlindMellonChitlin on :
$3 ($183) ($387) ($77)
3000 is a significant improvement. Look at most other pennies.....almost always a negative number.
Posted by Impat on :
Key Statistics Get Key Statistics for:
Data provided by Capital IQ, except where noted.
VALUATION MEASURES
Market Cap (intraday): 268.73M Enterprise Value (8-Aug-06)3: 401.54M Trailing P/E (ttm, intraday): N/A Forward P/E (fye 30-Sep-07) 1: N/A PEG Ratio (5 yr expected): N/A Price/Sales (ttm): 32.63 Price/Book (mrq): N/A Enterprise Value/Revenue (ttm)3: 38.60 Enterprise Value/EBITDA (ttm)3: -776.737
FINANCIAL HIGHLIGHTS
Fiscal Year Fiscal Year Ends: 30-Sep Most Recent Quarter (mrq): 31-Mar-06
Management Effectiveness Return on Assets (ttm): -21.97% Return on Equity (ttm): N/A
Income Statement Revenue (ttm): 10.40M Revenue Per Share (ttm): 0.243 Qtrly Revenue Growth (yoy): -51.40% Gross Profit (ttm): 1.24M EBITDA (ttm): -516.96K Net Income Avl to Common (ttm): -644.86K Diluted EPS (ttm): -0.02 Qtrly Earnings Growth (yoy): N/A
Balance Sheet Total Cash (mrq): 255.78K Total Cash Per Share (mrq): 0.005 Total Debt (mrq): 112.92K Total Debt/Equity (mrq): N/A Current Ratio (mrq): 0.776 Book Value Per Share (mrq): -0.007
Share Statistics Average Volume (3 month)3: 27,850 Average Volume (10 day)3: 27,850 Shares Outstanding: 56.58M Float: 35.12M % Held by Insiders4: N/A % Held by Institutions4: N/A Shares Short 3: N/A Short Ratio 3: N/A Short % of Float 3: N/A Shares Short (prior month)3: N/A
Dividends & Splits Forward Annual Dividend Rate5: N/A Forward Annual Dividend Yield5: N/A Trailing Annual Dividend Rate3: N/A Trailing Annual Dividend Yield3: NaN% 5 Year Average Dividend Yield5: N/A Payout Ratio5: N/A Dividend Date3: N/A Ex-Dividend Date5: N/A Last Split Factor (new per old)2: N/A Last Split Date3:
Posted by ArmySGT on :
and still watching the price dwindle away to nothing....stupid scottrade! Where the H3LL are my PAVC shares??
Posted by BlindMellonChitlin on :
Same place the Etrade shares are......
Posted by Camelboy on :
jeez, you guys got screwed. Horrible idea on that reverse split pavc
Posted by Camelboy on :
if noones even able to sell how is this tanking so much?
Posted by BlindMellonChitlin on :
Because some dipsticks are dumping for whatever they can get.
Posted by no_patience on :
Those shares are in limbo with the JPHC restricted shares.
PAVC is going to get all the money, get bought by some unknown, and all the execs will meet in the Bahamas!
Posted by ArmySGT on :
who would be able to sell if no one has any shares yet?
Posted by Camelboy on :
people within the company??? and then buy them back when it tanks maybe, i dunno I didnt think anyone could sell these right now
Posted by BlindMellonChitlin on :
Some brokers have credited accounts as far as I know. And some are selling 'short' expecting the shares are on the way.
Posted by ArmySGT on :
did you see that PAVC was opened in January, share price was $70.00??
so if they are selling short and the shares dont get there soon enough what happens???
Posted by no_patience on :
I think the split is not good. Often it is used to stabilize the price or get uplisted.
So when we were back at .10, a double to .20 was thinkable and maybe double that to .40. Investors are more forgiving with those smaller numbers.
But could you see 12 doubling to 24 or quad to 48. No one would buy that from this company... They are having too much fun manipulating the stock.
I think thats what their real game plan is. To the Bahamas!
Posted by MoneyMoneyMoney on :
quote:Originally posted by ArmySGT: so if they are selling short and the shares dont get there soon enough what happens???
With Choicetrade I didn't sell short. There are no restrictions and the shares were in my account to sell. It said nothing about selling short.
Posted by brackep on :
Can someone contact the company and ask if there financials that came out today are correct ? maybe they made a mistake with there income ...
If nobody wants to do that then can you give me an emailaddress ?
Posted by MoneyMoneyMoney on :
MMM: I should have 99 more shares of PAVC according to their legal document (8-K), and I'm wondering where they are?
Vincent - Fidelity Brokerage Services LLC, Member NYSE, SIPC, has joined the session.
MMM: choicetrade already credited me and I've sold gain of 720 dollars from 20!!
Vincent: Ok. So how many shares do you believe you should have in your account as a result of the 1 for 200 reverse split?
MMM: well post-split I had 1 so should be given 99 to make 100 in total.
Vincent: I don't think there is a way to see that.
MMM: choicetrade already has and its a legal document! Straight from the 8-K.
Vincent: Ok. I called a trader it inquire. I was informed that he has no knowledge to support the information that you stated about being rounded up to 100 shares if you hold less than 1 share after reverse split. I am going to call the reorg dept to get more assistance. Vincent: was that information in the 8-k? Vincent: if not, where did you hear about this?
MMM: yep, 8-k filed 2006-08-04 09:18 APO HEALTH INC /NV/files form 8-k. want me to copy and paste a copy?
Vincent: the url would be fine
MMM: its through microcaptrade.com I pay for the service.
Vincent: Ok. I was able to reach a reorg rep. She confirmed the information. she stated that we are awaiting the additional shares from the transfer agent. She said that they should be in your account by the end of the week. Thank you for your patience.
Posted by Hannibull on :
would that mean that not only Fidelity but other brokerages would receive those shares as well by the end of this week?
Posted by Jo4321 on :
Any Fidelity or TDAmeritraders see their shares yet?
Jo
Posted by Hannibull on :
quote:Originally posted by Jo4321: Any Fidelity or TDAmeritraders see their shares yet?
Jo
no (TDA)
Posted by MoneyMoneyMoney on :
I would assume so Hannibull, being that the reorg. dept. will send out all shares needed by end of week but of course no guarantee.
Jo, Fidelity hasn't placed the shares in my account either. They take a long time to do anything involved with those types of transactions.
Posted by sportsguy on :
I'm totally lost. Originally had JPHC, which became VXBX, then turned into PAIV, and now it's PAVC? I guess I have shares somewhere out there, but I can't see them!
Posted by JBravo on :
whao.... no trades yet....
Posted by ArmySGT on :
so how long will they hold out on these shares? I wish I could call Scottrade but hell I am fortunate that I have internet action. Anyone with Scottrade call them yet?
Posted by midwestTEK on :
all brokerages from the on-line perspective (Aturd,scotturd,etc) even local city brokers won't sell PAVC. I'd like to grab 25,000 mo'
Posted by MovingUp on :
ArmySGT,
spoke to ScottTrade.
I called the toll free number, 877-358-1980 and spoke to Sue.
I asked her what the hold up was on my free trading PAIV shares being converted over to tradable PAVC shares.
Her reply was that they have not received paynent yet in order to reverse the shares. I asked once again what is the hold up there? She told me the DTC had not yet paid the firms.
Posted by MovingUp on :
Is this still the main thread for PAVC on allstocks.com or is there another one now that it's no longer under .10?
Posted by ArmySGT on :
Thank you for your e-mail. You are correct, DTC has just announced that there is going to be a reverse split on Paivis Corp 695793-109 (PAIV) on a 1 for 200 basis. Because of this we contacted the transfer agent to get an update on the shares. The agent commented that they have not started processing the issuance of the Paivis restricted shares and it will now be delayed more because of the reverse split.
We have asked the agent to contact us as soon as possible when they start processing our accounts. They would provide no promises.
The agent said they are getting slammed with calls which is causing even more delays in the processing. If you wish to contact someone we would suggest you call the company and not the agent. The company phone number is 404-601-2885.
The difficulties we have had with the agent in getting the Jupiter to Paivis restricted shares issued leads us to believe we will have similar problems with the additional shares needed on the reverse split.
thats what i got in reply from the so I asked them since I never owned any of the restricted shares why are they screwing me over
Posted by nomed on :
Got this fom RB...
August 10, 2006 5:30 PM -- **************.com -- Paivis Corp (OTC: PAVC.OB) spoke with us this week in an effort to address the many questions shareholders have asked of late. We present this helpful information concerning delivery of overdue JPHC merger shares, "rounded up" gift shares, and other relevant company activities.
The Most Shorted Stock In The OTC?* Paivis first came to forefront of OTC gossip when delivery of new shares issued in a merger between Jupiter Holding Corp (JPHC) and APOA Health (APOA), somehow went awry. The terms of the merger call for each JPHC and APOA shareholder to receive 144 restricted stock in Paivis Corp (the surviving entity) per the valuation described by the merger agreement. In total, approximately 5 billion shares were to be issued. But problems arose when online broker TDAmeritrade issued billions of merger shares - not marked as restricted - to their own customers, before Paivis and the DTC had allocated any certificates. The result was a massive sell-off of "phantom merger shares" that apparently transferred an (allegedly) enormous pre-existing JPHC short position into the relatively tiny PAVC float. Possibly because the company specified a physical certificate exchange, PAVC has experienced wild price increases up to 25,000% since May 2006. In our opinion, Paivis is a prime candidate for the short squeeze of the year.
"Where's My Stock?" This week we spoke with Glen Lidell at Paivis Shareholder Services. We discussed the delivery of restricted merger stock certificates, and also the gift shares issued August 7 for both free trading and restricted PAVC common stock. Following are his answers to the many questions posed by readers these past months.
Restricted Merger Shares Those who have waited almost 4 months for certificates should not have to wait much longer. Mr. Lidell stated that currently, "most of the large online brokers" have fully complied with the company's request for detailed account information on former JPHC shareholders. While Paivis is still waiting for information from some of the smaller brokers, Lidell told ************** that the mailing of restricted stock certificates is "happening now." He added that some shareholders should already have received them. With so many certificates to be mailed, Lidell indicated the task is a daunting one, but added, "we're working our way through it."
Among those awaiting restricted merger shares, there were incidental reports last week of symbols changing back to JPHC in some online brokerage accounts. Lidell assured ************** that he was unaware of this, and it likely meant some online brokers were a bit confused following the reverse split. For a situation that is already completely confusing, that doesn't surprise us. But we prompted Lidell further, and he assured us Paivis is still following the original merger agreement outlined months ago.
Reverse Split "Gift" Shares The unusual terms of the recent 1:200 reverse split include a share "roundup." As a reward to long-time shareholders, Paivis is handing out free stock -- so that anyone holding less than 100 shares after the split will now have a minimum of 100 shares. Of course, a reverse split of this magnitude concerned us, but Lidell explained that it was planned months ago as a way to "adjust the share price to a level suitable for listing on a larger exchange." He also pointed out that unlike typical OTC "share reductions," this reverse split reduced the company's authorized capital in direct proportion to the reduction of common shares. Compared to pre-split levels, it does not afford Paivis the opportunity to further dilute the stock. When we questioned Lidell on the estimated number of additional gift shares, he stated he did not have an accurate figure, but that they would be issued from the current authorized capital. He humorously commented on the swiftness with which savvy retail investors found and acted on the notification of the split hours before the close. On exactly how many traders took advantage of the offer -- buying 100 or 200 pre-split shares for just a few cents -- Lidell stated he did not know at this time.
There has been some confusion as to whether the gift shares are to be restricted, and/or mailed to directly to shareholders. Lidell made it quite clear that the gift shares issued to free trading PAVC shareholders are not restricted, and will be credited to shareholder's brokerage accounts as soon as they are issued. He said rumors of a two to six week wait are greatly exaggerated. The transfer agent has already issued some of the round-up shares, and customers of online brokers holding stock in street name should see the new shares appear in their accounts "very soon." For restricted stockholders, the round-up shares will be mailed directly to their homes, and will likewise carry the 144 (restricted) designation.
Paivis: Passing The Muster Initially, we wondered at this modest OTC company's ability to cope with the magnitude of the situation at hand. To deal firmly with those engaged in illegally shorting the stock on such a massive scale, and to simultaneously honor promises made to shareholders, is enough to unnerve even the largest of blue chip companies. However, Paivis appears to be handling the situation quite effectively, but admittedly not as quickly as some would prefer. In speaking with Mr. Lidell, we had the distinct impression that while the situation was formidable, it was well under control. We also took the opportunity to press him for details of the upcoming Paivis 10-QSB (quarterly financial report), due out around August 15th. Lidell declined to comment, but assured us that, too, was right on schedule -- and would contain much new information on current and planned business activities.
Nice work, Paivis.
Posted by Jo4321 on :
quote: He said rumors of a two to six week wait are greatly exaggerated.
Well, thank goodness for small favors.
quote:The transfer agent has already issued some of the round-up shares, and customers of online brokers holding stock in street name should see the new shares appear in their accounts "very soon."
Should we hold our breath?
Jo
Posted by Hannibull on :
this is the first stock I see with such delays, wow
Posted by midwestTEK on :
whoops I n f i n i t y S t o c k s D o t C o m G L L O O O O O N N N N G G G G ZZZZ
Posted by Impat on :
I got a 25 mil buy at the low just the day before the merger to set up PAIV and then 200 R/S with a down trend right now. Even at $5/sh, I'm here with restricted JPHC at almost 4000% gain...Even if restricted at least one year (under some other SEC conditions are required) If I recover my investment level, some people are going to be screwed over here, but do not think that at all...Just still waiting for my restricted R/S shares...lol
Posted by bksundar on :
Are you the "vanished" tonicma in disguise buying up 25mil. I know he claimed he bought 250million etc...
Posted by Dark Horse 7092 on :
...now I'm schooled in the art of confusion.
Posted by T e x on :
quote:Originally posted by Dark Horse 7092: ...now I'm schooled in the art of confusion.
lol...
Step One
Posted by Dark Horse 7092 on :
This stock is like the "Who's on first, What's on second" skit. All I know is I think I'm glad I have this (alleged) PAVC stock...if that really is it's name. It could be something totally different by now; I mean it's had the symbol PAVC for over 24 hours already!
Posted by yolkarmy on :
Dear yolkarmy:
Thank you for giving me the opportunity to assist you today. I apologize for the delay in responding to your recent inquiry. Recently, we have been experiencing a large volume of inquiries and are working as quickly as we can to respond to all of our clients. Regarding the exchange from JPHC to PAIV restricted shares, we forwarded a beneficial holder list to the transfer agent on July 28, 2006, so they may issue a physical certificate for your restricted shares. The transfer agent will be able to provide you with additional information as to how restricted shares will be impacted by the 1:200 reverse split referenced in my previous e-mail as well as an estimated timeframe for receipt of these shares.
Sincerely,
blah. Reorganization and Safekeeping, TD AMERITRADE Division of TD AMERITRADE, Inc.
Posted by same on :
Poster KG4 and the Mark Cuban Article
This is the guy that KG4 said was going to do an article on PAIV. KG4’s post is at the end. Now after you read this article and KG4’s post where I called him a Fraud you will see IMO what he was trying to accomplish.. When KG4 posted this article I wrote to http://sharesleuth.com/ . I never got a reply back from them on what KG4 said in his post below. This poster deserves what he or she gets. I have no empathy for posters like this. Any poster who posts with no links or proof, with inaccurate and misleading information to scare and scam investors will have me and other PAIV (PAVC) investors to contend with. We will weed you out and expose you everyday where ever you post.
Investing 101 - Aug 11, 2006 - Printable Version - World’s Largest Plasma TV: Priceless…For everything else, there’s Sharesleuth.com by Mark Faulk Some days you just can’t buy a break. What started out as a great week for Mark Cuban suddenly turned decidedly south on Friday, or maybe we should say that it turned north. Turned north as in the first company that his own personal journalistic #####, Christopher Carey, profiled this past Monday on Sharesleuth.com. While shares of Xethanol (XNL-AMEX) have been falling steadily since shortly after Cuban began shorting the company on May 10, and the drop accelerated when his “journalistic newsletter” (winkwink) trashed the company this past Monday, the stock rallied on Friday, gaining over 10% for the day. At one point during the day, it traded as high $6.25 and was up over 22% on extremely high volume, before sellers and/or market makers managed to pull it back down to $5.63 on a few small trades at the end of the day.
Then, today it was reported that Cuban has so far been unsuccessful in efforts to be the first person in America to buy the world’s largest plasma TV. One astute observer compared Cuban to the spoiled Veruca Salt character in Willy Wonka and the Chocolate Factory: “I want an oompa-loompa now, daddy.”
Cuban has courted controversy as an outspoken, irrational billionaire ever since he and his partner Todd Wagner sold Broadcast.com to Yahoo for $5.7 billion in 1999. He subsequently bought the Dallas Mavericks basketball team, was the brainchild behind a failed TV reality show called “The Benefactor” (for the 99.9% of Americans who don’t remember that little gem, it was basically a rip-off of The Apprentice, and lasted all of eight weeks), and once tried to start a hedge fund that would have bet on sporting events.
More recently, he was fined $200,000 by the NBA for screaming at referees and NBA commissioner David Stern after losing a playoff game two months ago “#### you! #### you! Your league is rigged!” Later on his ****, Cuban professed his love for cursing, when he said, in response to people who he said took offense at his cursing, “#### em.”
Trading stock before he releases negative reports on the company, trying to buy giant TVs before they go on sale, violating NBA regulations and using profanity to complain about losing a game…this is a person who clearly doesn’t feel that the rules that the rest of society have to abide by apply to him.
**************************** My post to KG4 Posted by: same53In reply to: KG4 who wrote msg# 4386 Date:7/11/2006 10:01:27 AMPost # of 10053
Kg4 your a FRAUDI will not stop and will expose you for the Fraud you are with your continuous slanderous misleading posts on PAIV. This is the fifth time I am asking you KG4 for the link and article about the story to EXPOSE PAIV as you KG4 state in your post below. I am an investor in PAIV, I have posted Facts on PAIV. YAs I said before prove ne wrong. You care nothing about the PAIV Investor. If you do not post the Article or Link the Moderator should ban you KG4 from this Site for posting Misleading and Slanderous posts one after the other on Paiv the Company. Here here is the your SCAM Post to remind you KG4.
Posted by: KG4In reply to: grush123 who wrote msg# 4177 Date:7/7/2006 1:21:39 PMPost # of 4200LOL....
Gee, one minute nothing I say matters...but now you claim I was scaring the crap out of EVERYBODY???Also, I am GLAD you made money......as far as not listening to me....um sorry, but I dont believe I ever told you or anybody to sell......I have expressed my opinion that PAIV is a MESS, with quite a fiasco on it's hands and that I prefer not to hold something with so many issues.....regardless,
I AM GLAD YOU DIDFNT LISTEN TO ME ALSO...NOBODY should ACT on anything said on a message board...ask all those that bought those pumping paiv at .009 awhile back, how they feel because they listened to the pump, bought and sold for a huge loss...They shouldnt have listened and should have done proper DD...just as everybody should.....Lastly, My opinion has not changed one bit...this is a huge fiasco...I do think the company is responsible...I do think money can be made on the games they will play.....but, I would not be surprised one bit if this has a very ugly ending...In fact, most everybody agree's that PAIV is a scam..except those few longs still living in denial...so why you guys are surprised that I dont like PAIV..well, gee whiz....I guess I am part of a HUGE group that thinks PAIV is a very questionable company....
By the way...do you guys know Mark Cuban? Owner of the Dallas Mav's? He obviously has many other business entities as well.....one, which is being launched, will be specializing in exposing 'questionable' companies. The people running this site are very highly respected people within the investment community......I wont do your DD for you and tell you the name of the company...yall are so good at DD, I am sure you can figure it out..... How will longs feel when this company does an 'expose' on PAIV, which will hit every newswire there is?
I dont think such highly respected people exposing the many flaws of PAIV, as well as JP and AP...will go un-noticed....These arent message board posters.....These are highly respected people that the street and most investors listen to......
But again, I dont want anybody to lose money...I hope everybody makes a fortune on this scam while you can.....But, dont come yelling at me or blaming me when 'news' starts hitting that isnt too good for paiv, and certainly dont blame me if they get halted or dilute it to worthlessness.....and certainly dont blame me if you find out paiv is doing things you are not aware of.....Blame the company when it happens......GLTA.... *************************************************************** Stop insulting me and stop your non stop public whining.....proof is in my past posts and/or other public places....I am NOT here to 'show you the way' or do your DD for you...if you cant find it, I suggest doing more thorough DD and stop whining at me to do it for you.......you want to see it? Then open your eyes and start looking....or wait....time will reveal the truth and you'll know it then.... I have other issues to address and have no time to waste on you, nor intentions to REPOST what has already been posted...have a nice week and good luck....
« PAIV Message list
Posted by 4Given on :
quote:Originally posted by sportsguy: I'm totally lost. Originally had JPHC, which became VXBX, then turned into PAIV, and now it's PAVC? I guess I have shares somewhere out there, but I can't see them!
jphc gave a divy on vxbx, then several months later became paiv, and now jphc. you should have shares for vxbx and pavc, call your broker... you would not want to miss out.. good luck.
Posted by Hannibull on :
quote:Originally posted by MoneyMoneyMoney: Vincent: Ok. I was able to reach a reorg rep. She confirmed the information. she stated that we are awaiting the additional shares from the transfer agent. She said that they should be in your account by the end of the week. Thank you for your patience.
by the end of the week huh lol
Posted by MoneyMoneyMoney on :
lol, don't shoot the messenger.
Well, I guess someone didn't tell the truth between Mr. Vincent or the reorg rep.
I'll continue to wait on the other 3,000% profit I made.
Posted by midwestTEK on :
Dahh Bears!
Posted by Igor R on :
Anyone with etrade gotten their shares yet, or know of a time when we're supposed to get them?
Posted by ArmySGT on :
i know with Scottrade I have not
Posted by midwestTEK on :
SAME HERE with Ameritrade. TD that izz
Posted by BigmoneyAtl on :
No shares converted yet with mine * etrade. It is extremely frustrated to see the pps being manipulated and driven by MMs while we sit on the sideline and cannot do a thing about. Can hardly wait until we all can do battle once again with the same level of playing field.
Posted by midwestTEK on :
Ameritrade says the Market value is worth .0002/PPS Still stuck on JPHC, STILL!
Posted by tarq3 on :
TDAmeriturd now showing PAIV shares not PAVC. So not sure what is up with that but the fact that they are now showing and not resticted is interesting. But stiLL issues to be worked out as there is no PAIV anymore
Posted by bksundar on :
I had started a thread on this yesterday. I cannot trade the PAIV shares shown though...
Posted by midwestTEK on :
We need that enthusiasm! Start 2,3, even 5 boards> It's all good!
Posted by Igor R on :
Still no shares .
Posted by ArmySGT on :
i think the brokers got the shares and sold them already for the big take, now just waiting for the price to drop so they can issue the shares that you worked for at a lower price so they can make more money off of us
Posted by midwestTEK on :
N/A took the place of the pre-existing JPHC on TD AMERITARD. A change is a change.
Posted by midwestTEK on :
An informative narrative by Dallas66 on another board says:
APO Health merges with JPHC. JPHC/APO become PAIVIS corp on the OTCBB. APO HEALTH is sold off and taken private leaving ONE entity within PAIVIS. PAIVIS/JPHC/MACRO is now on the OTCBB...the step up they wanted to make. I might also add they did it the LEAST EXPENSIVE and most EFFICIENT way possible. A Reverse merger with a dormant shell. Paiv goes down in value...hmmm....could it be because brokers allowed restricted shares to be sold as free trade shares, allowing people to make an immediate profit in the hundreds to thousands percent? Could this be considered an attempt by the brokers to further bury the JPHC shorts they still haven't covered? Could it be they are involved with the 239,455,555 SHORTED shares of PAIV in the first few weeks of July? The SHORTED shares they themselves had to acknowledge existed? Whithin a few days, the price runs to the mid $.30's...could this be flippers and day traders...shorts covering...retailers trying to make a quick buck thinking shorty is totally screwed and needs to cover right away? Could it be savvy investors buying up shares for the future when they KNOW they will be paid quite well to give up those phantom shares the brokers have no certs to cover with? A few days later PAIVIS puts out a PR stating a 1:200 R/S and symbol change to PAVC....hmmm...could it be they finally completed the PLANNED R/S that has been in the works for several months? Could it be the PLANNED R/S is part of the bigger plan to move up to the nasd/amex? Could it be a PLANNED move by the company to isolate the shorted shares of JPHC/PAIV and have a clean slate for the NEW ticker symbol shares? hmmmm...not receiving the restricted shares for months...could it be because the brokers blatantly lied...blatantly refused to deliver the requested information to the Transfer Agent? hmmmm...could it be they did those things to stall and attempt to hide/cover up the truth? The TRUTH is that TDAmeritrade KNOWINGLY allowed restricted shares to be traded on the open market. The TRUTH is at least 4 separate brokers allowed this activity, and in the process of allowing restricted shares to be traded, they actually told clients they were free trade shares when questioned about it. The TRUTH is the brokers were requested to provide shareholder information to the TA on MAY 28, 2006. The TRUTH is the brokers stalled/refused/delayed furnishing that information until JULY 28, 2006. TWO months AFTER the request was sent to them....hmmmm...wonder why it took so long? Gee...they can update your account in a matter of seconds for any transaction that you make, but suddenly it's a long and tedious and extremely difficult process to SEND TO THE TA the very information they can update in seconds. That is the TRUTH..the FACTS...wow...when I look through all the FACTS...it amazes me some people still don't have a clue and continue to blame the company instead of the brokers. Human nature I guess, ignorance is a tough characteristic to overcome.
Posted by no_patience on :
And, without email or phone request, here is information from Ameritrade! ( For those of us restrictoids !
Still sounds about the same -- Wait some more....
From Ameritrade: ------------------------------------- Dear Valued Client,
Paivis Corp. merged with Jupiter Global Holdings Corp. (JPHC) on May 23, 2006. Shareholders of JPHC are now entitled to receive 0.462320850 restricted shares of Paivis Corp (PAIV) for every one share of JPHC.
The positions will be removed from your account on August 25, 2006 to reflect this change. The issuer has required the transfer agent to mail the new certificates to the address of record for your account. Executive Registrar & Transfer Agency, Inc. will mail the certificates after September 1, 2006.
As a valued Apex client, you will not incur any fees for these certificates.
If you have questions regarding this issue, or the delivery of your certificates, please contact Executive Registrar & Transfer by phone at 303-783-9055 or by mail at 3615 South Huron Street, Suite 104, Englewood, CO 80110.
Sincerely,
Bryce Engel Chief Brokerage Operations Officer TD AMERITRADE
Posted by jg on :
did they mention anything about our 100 shares been trying to get them on the but no luck
Posted by midwestTEK on :
I got the same "valued client" thing, also.
Posted by gohigh on :
quote:Originally posted by midwestTEK: An informative narrative by Dallas66 on another board says:
APO Health merges with JPHC. JPHC/APO become PAIVIS corp on the OTCBB. APO HEALTH is sold off and taken private leaving ONE entity within PAIVIS. PAIVIS/JPHC/MACRO is now on the OTCBB...the step up they wanted to make. I might also add they did it the LEAST EXPENSIVE and most EFFICIENT way possible. A Reverse merger with a dormant shell. Paiv goes down in value...hmmm....could it be because brokers allowed restricted shares to be sold as free trade shares, allowing people to make an immediate profit in the hundreds to thousands percent? Could this be considered an attempt by the brokers to further bury the JPHC shorts they still haven't covered? Could it be they are involved with the 239,455,555 SHORTED shares of PAIV in the first few weeks of July? The SHORTED shares they themselves had to acknowledge existed? Whithin a few days, the price runs to the mid $.30's...could this be flippers and day traders...shorts covering...retailers trying to make a quick buck thinking shorty is totally screwed and needs to cover right away? Could it be savvy investors buying up shares for the future when they KNOW they will be paid quite well to give up those phantom shares the brokers have no certs to cover with? A few days later PAIVIS puts out a PR stating a 1:200 R/S and symbol change to PAVC....hmmm...could it be they finally completed the PLANNED R/S that has been in the works for several months? Could it be the PLANNED R/S is part of the bigger plan to move up to the nasd/amex? Could it be a PLANNED move by the company to isolate the shorted shares of JPHC/PAIV and have a clean slate for the NEW ticker symbol shares? hmmmm...not receiving the restricted shares for months...could it be because the brokers blatantly lied...blatantly refused to deliver the requested information to the Transfer Agent? hmmmm...could it be they did those things to stall and attempt to hide/cover up the truth? The TRUTH is that TDAmeritrade KNOWINGLY allowed restricted shares to be traded on the open market. The TRUTH is at least 4 separate brokers allowed this activity, and in the process of allowing restricted shares to be traded, they actually told clients they were free trade shares when questioned about it. The TRUTH is the brokers were requested to provide shareholder information to the TA on MAY 28, 2006. The TRUTH is the brokers stalled/refused/delayed furnishing that information until JULY 28, 2006. TWO months AFTER the request was sent to them....hmmmm...wonder why it took so long? Gee...they can update your account in a matter of seconds for any transaction that you make, but suddenly it's a long and tedious and extremely difficult process to SEND TO THE TA the very information they can update in seconds. That is the TRUTH..the FACTS...wow...when I look through all the FACTS...it amazes me some people still don't have a clue and continue to blame the company instead of the brokers. Human nature I guess, ignorance is a tough characteristic to overcome.
It sounds like Dallas66 knows what he's talking about. What now?
Posted by ArmySGT on :
can we file a complaint to the SEC about this? My letter that I posted from Scottrade talks about restricted shares yadda yadda yadda, well I didn't have any of my shares restricted, now I just dont have any shares except PAIV which is worth nothing. Meanwhile the 100 shares I am SUPPOSED to have is losing value each day....
Posted by Dark Horse 7092 on :
Some say the world will end in fire, Some say in ice. From what I’ve tasted of desire I hold with those who favor stock market crash. But if it had to perish twice, I think I know enough of hate To know that for destruction a reverse split Is also great And would suffice.
Posted by Hannibull on :
I received the same email no_patience, it's only for the restricted stock and I have no idea what will happen with the unrestricted R/S shares... we'll just have to wait I guess *yawn*
Posted by midwestTEK on :
has any1 had ANY luck on actually buying free- trading shares through your broker???TIA
Posted by Jo4321 on :
Another Monday, another week begins and I STILL don't have my shares in my TDA account.
Hasn't it been over two weeks now?
Jo
Posted by Karma Earl on :
TDA is now showing my updated PAVC shares. Not rounded up though.
Posted by bksundar on :
Izone is also showing the R/S shares PAVC in my account
Posted by same on :
I picked and scanned the pieces I like and hopefully a PR will show the results to everyone. Always do your DD!!! The more you read the better odds you'll have.
WOW a 980% increase!!!
RESULTS OF OPERATIONS
Revenue for the nine months ended June 30, 2006 was $4,557,193, a increase of $4,135,008, or 980%, from $422,185 for the nine months ended June 30, 2005. The increase in revenue was as a result of the acquisition of Macro Communications (“Macro”) in September, 2005.
As of August 15, 2006, 26,189,752 shares of Common Stock of the issuer were issued and outstanding
Our products are sold through approximately 3,000 retail outlets in the United States and our distribution is rapidly expanding.
Posted by T e x on :
$85k on hand... Posted by MoneyMoneyMoney on :
lol, and thats a piece I didn't like. I have 200 free shares so I do not care if it tanks or skyrockets. We know which it'll prob be.
LIQUIDITY AND CAPITAL RESOURCES We had cash-on hand totaling $84,592 as of June 30, 2006.
[ August 21, 2006, 20:01: Message edited by: MoneyMoneyMoney ]
Posted by same on :
10Q Opinion on PAVC
The $1,033,603, debt write off was a one time deal meaning PAVC should have shown break even to a profit. The $4,135,008, or 980% increase in revenue substantiates the Share price of PAVC and is undervalued IMO under the new share structure.of PAVC. The Company IMO will have to decrease expenses which I see them doing IMO. Also the reason the Company stated it wanted to move to another exchange is for better financing. I beleive financing has already been talked about by the Company and will be arranged. I beleive the Company will add aquisistions as they said they will to compliment its business. Remember PAVC is in the developement stage. We are in good shape IMO.
Revenue for the nine months ended June 30, 2006 was $4,557,193, a increase of $4,135,008, or 980%, from $422,185 for the nine months ended June 30, 2005. The increase in revenue was as a result of the acquisition of Macro Communications (“Macro”) in September, 2005.
Cost of revenue for the nine months ended June 30, 2006 was $4,182,713, a increase of $3,199,653, or 325%, from $983,060 for the nine months ended June 30, 2005. The increase in cost of sales was also as a result of the acquisition of Macro. The gross profit percentage for the nine months ended June 30, 2006 was 8.2% compared to (133%) for the nine months ended June 30, 2005. Telecom related sales accounted for the Company’s entire revenue in the current period.
Debt retirement expense for the nine months ended June 30, 2006 was $1,033,603, a increase from $0 from the nine months ended June 30, 2005, as the Company offered inducements to certain debtholders to convert their obligations to shares. Wages and Benefits costs decreased by $2,841,359 due to changes in corporate and compensation structure and staffing. Office, Rent & Sundry expenses increased by $189,038 for the period ended June 30, 2006, and Depreciation expense increased by $123,653, both as a result of the acquisition of Macro. Foreign exchange losses increased by $140,223 in the current period compared to the prior period.
Posted by MoneyMoneyMoney on :
Well, I got the shares too. But not rounded up to the 100 shares. Folks who have Choicetrade, did you see the rounded up numbers immediately or did it take two steps?
Jo
Posted by MoneyMoneyMoney on :
Jo, I actually had approx 1,600 shares that turned into 8 and then Choicetrade gave me 92 to make the 100. I sold for $727 couple weeks ago and just today bought back 100 X 4.25. Since I've yet to receive those shares in my Fidelity or Scottrade accounts so I decided to protect myself just in case something goes awry. Never know with the DTCC and brokerages now since they've become "wiser".
Posted by Jo4321 on :
Thanks,
So you didn't have to call or do anything else to get the other 92 shares, they just came in your account automatically.
I, BTW, have 7 shares right now, so I'm in a similar situation except that the PAVC PPS is much lower now.
Posted by midwestTEK on :
welp here's some opinions, any1 else....???
10Q Opinion on PAVC
The $1,033,603, debt write off was a one time deal meaning PAVC should have shown break even to a profit. The $4,135,008, or 980% increase in revenue substantiates the Share price of PAVC and is undervalued IMO under the new share structure.of PAVC. The Company IMO will have to decrease expenses which I see them doing IMO. Also the reason the Company stated it wanted to move to another exchange is for better financing. I beleive financing has already been talked about by the Company and will be arranged. I beleive the Company will add aquisistions as they said they will to compliment its business. Remember PAVC is in the developement stage. We are in good shape IMO.
Revenue for the nine months ended June 30, 2006 was $4,557,193, a increase of $4,135,008, or 980%, from $422,185 for the nine months ended June 30, 2005. The increase in revenue was as a result of the acquisition of Macro Communications (“Macro”) in September, 2005.
Cost of revenue for the nine months ended June 30, 2006 was $4,182,713, a increase of $3,199,653, or 325%, from $983,060 for the nine months ended June 30, 2005. The increase in cost of sales was also as a result of the acquisition of Macro. The gross profit percentage for the nine months ended June 30, 2006 was 8.2% compared to (133%) for the nine months ended June 30, 2005. Telecom related sales accounted for the Company’s entire revenue in the current period.
Debt retirement expense for the nine months ended June 30, 2006 was $1,033,603, a increase from $0 from the nine months ended June 30, 2005, as the Company offered inducements to certain debtholders to convert their obligations to shares. Wages and Benefits costs decreased by $2,841,359 due to changes in corporate and compensation structure and staffing. Office, Rent & Sundry expenses increased by $189,038 for the period ended June 30, 2006, and Depreciation expense increased by $123,653, both as a result of the acquisition of Macro. Foreign exchange losses increased by $140,223 in the current period compared to the prior period.
Posted by Jo4321 on :
Talked to someone in TDAmeritrade's reorganization department this morning. He said that now that they've issued the r/s shares, a letter was sent to PAVC containing the info of stockholders who would be eligible for the "rounding up" of the shares. He said that PAVC has to look at each one and issue the shares.
He had no estimate as to how long this would take, but since it took over two weeks just to get the shares in the first place, I'm not holding my breath. He also said "I can't guarantee that they'll actually give the other 93 (in my case) shares, but we think it will happen".
Jo
Posted by CMoney on :
Scottrade shows symbol "***300"(I typed the stars myself), it says I have 2 shares, price N/A.
GainsKeeper shows PAVC for 5 shares for 4.25/sh
Posted by ArmySGT on :
i still have nothing but my PAIV shares with a # sympol in front of them
Posted by nomed on :
quote:Originally posted by ArmySGT: i still have nothing but my PAIV shares with a # sympol in front of them
Same for me ArmySTG, on my "free" tradin shares. But my restricted shares are gone, and i got a $25 dollar amount in my accout history for delivery of certs.
Posted by Igor R on :
I've got etrade, and they switched over from that random number to PAVC, but I only have one share. And now I have a margin house call, and they tacked on a $20 mandatory reorganization fee, WTF is that lol.
Posted by MoneyMoneyMoney on :
quote:Originally posted by Jo4321: He had no estimate as to how long this would take, but since it took over two weeks just to get the shares in the first place, I'm not holding my breath. He also said "I can't guarantee that they'll actually give the other 93 (in my case) shares, but we think it will happen".
Jo
Yep, it may take a while but you tell em to keep holding his breath because the 8-k is a legal document and we are to be rounded up.
Here is the excerpt: 8-k Aug. 3rd.
On August 3, 2006, PAIV was notified by the Nasdaq Market Integrity Section that the effective date of the Reverse Split is August 4, 2006. On that date, all provisions of the Reverse Split approved by the Registrant’s board of directors, becomes effective and as of that date, every 200 shares of the Registrant’s common stock will automatically become equal to one share of common stock, provided however, there will be no fractional shares issued under the consolidation therefore all fractional shares will be rounded up the next whole share. Also, any shareholder holding less than 100 shares post split shall be rounded up to 100 shares.
Posted by wildweb on :
I emailed etrade in regards to the 1 share I have in my account and where are my other 99 shares I was suppose to get when the r/s took place....Below is the response I got from Etrade:
Thank you for your message. I do apologize for any frustration this may be causing you. I have gone ahead and forwarded your email to our Corporate Action Research Team as I also show that shareholders with less than 100 shares post split will be rounded up to that amount. Our Corporate Action Research Team will be getting back to me within 2-3 business days. As soon as I receive information from them I will let you know when you can expect to see the additional shares in your account. Until then, please let us know if you have any additional questions or concerns.
Posted by midwestTEK on :
They should sum it up and say:
Sorry valued client, we have really f u k k e d you this time, and what are you gonna do about it? Sorry if you are losing your rear, but we are banking on your loss. Maybe you should try casino gambling instead.
Sincerely Ameritrade, azz-reaming service
Posted by GSilk316 on :
My JPHC/PAIV shares are completely gone from my Scumtrade account, and $25 was taken out also for processing the certs that I have no idea when and if ever they show up at my door.
Posted by Jo4321 on :
I got this reply today my email query about where my "round up" shares are:
quote: Dear ____
We have not received the shares for the round up at this time. Once we receive the shares the account will be updated accordingly. At this time we do not have an estimated time frame to receive the shares.
Debra A. Apex Reorganization and Safekeeping, TD AMERITRADE Division of TD AMERITRADE, Inc.
Posted by wildweb on :
LOL....Midwest....LOL
Posted by Gary59 on :
Here's the last reply that received from Scottrade; Dear Investor:
Thank you for your email. The DTC transferred your shares to the Transfer Agent for JPHC. According to instructions from the company to the Transfer Agent, the new shares are to be mailed directly to the clients. We have contacted the Transfer Agent and asked when our clients should expect to see their new certificates mailed to them. The Transfer Agent has not responded to our request.
Please let us know if you have any further questions.
ATD would not let me purchase any today either online or over the phone. They said I could only sell through them. No real explanation.
Posted by midwestTEK on :
We need the DAQ to end this manipulation crap FOR GOOD!
Posted by jg on :
I've talk to aturd but they just give me the run around they suck big time
Posted by ArmySGT on :
these f-ers are letting it drop to the equivalent price before they are like ohhh ok here you go sorry about that
Posted by midwestTEK on :
LOL Yep and IT will too, and they will too.
Posted by Schwabie on :
Settle down guys. Brokerage firms put a sell only restriction. That is good because since you still don't have your shares... NO ONE CAN SELL AHEAD OF YOU ! LMAO
Posted by MoneyMoneyMoney on :
I sold through choicetrade after receiving my post split shares. I had unrestricted and have never held "restricted" shares of JPHC, PAIV, or PAVC.
Posted by HurricaneBob on :
I talked to Etrade. They tried to act like they never heard of this stock before. Believe that and you'll believe anything. Talked to Jack, the transfer agent, and he told me everyone is afraid to say they know anything about the certificates. He did tell me his etrade stack to process is 4" thick, not to mention another 200 brokers that have submitted for shares. He said he was going to try to have them done by labor day. That was a week and a half ago i talked to him. I told him I would wait till two weeks after labor day to see them show up or I would make a follow up call with him and etrade. Nonetheless, still cant touch those shares till next May.
Posted by midwestTEK on :
So are yah sayin' What's one first? Who's on second? and, where is third base???
Posted by Hannibull on :
so, do we get the rounded up shares or not? I thought the 8K was pretty clear on that :/
Posted by Jo4321 on :
I think we will get them......eventually. You just reminded me that I need to call TDAmeritrade again. Maybe if everyone calls everyday, it'll move along faster.
Jo
Posted by ArmySGT on :
this is what i got today
Dear Patrick:
Thank you for your email. The entries for the 1-200 reverse split will be processed tomorrow. All clients have had their old shares of Paivis 695793-20-8 PAIV exchanged into the new shares 695793-20-8 PAVC at a rate of 1 for 200. The terms of the reverse are that all client will receive a minimum of 100 shares. However, the company and the agent have not provided DTC with instructions on how to request the additional shares. We are monitoring the DTC notices so we can submit the request for additional shares as soon as possible. Until we get the additional shares your position will only reflect the 1-for-200 reverse split. Your should not sell the additional shares until they have been booked to the account.
We have calls into the agent in hopes getting information on the round up shares for the reverse split as well as information regarding the reverse and the exchange shares of restricted from the Jupiter merger.
As more information becomes available we will pass it on to you.
Please let us know if you have any further questions.
Sincerely,
Steve B. Scottrade Inc. National Service Center
Posted by JBravo on :
So finally I got my PAVC shares in my scottrade account. After the reverse split, i received 45 measly shares (over 91%loss). Didn't they said we will get minimum 100 shares (not that it makes much difference in my loss).. or is there a loophole in it too?
Posted by Jo4321 on :
Thanks ArmySgt. Doesn't sound like they are in too much of a hurry to get the shares.
I actually have a chance to break even, if I were to have my 100 shares on hand and could sell them at today's PPS. But since it seems it keeps going down and who knows when the shares will come, I probably won't get that chance.
Jo
Posted by Dark Horse 7092 on :
I just called up Scottrade today...and they said they still have no clue on how long it will be before I get my shares. They told me to call their transfer agent, but wouldn't give me the agent's phone number because I'm not an institution! What service! I hope a big wig at JD Power and Associates is in this stock with a Scottrade account!!! That would rock!!!
Posted by Jo4321 on :
Anyone know the transfer agent?
This sucks.
BTW, I opened up a Choicetrade account after this fiasco and will be gradually moving over there for all my penny trades. Choicetrade customers had no trouble receiving their rounded up shares and have since sold them for big profits.
Jo
Posted by Gary59 on :
JBravo how did you get your shares into the Scottrade acc , Mine still have not been added and when I talk to them the transfer agent will be sending me my certificates by mail.. Also arent the shares we get restricted until sometime next year anyway so we cant trade them or put them into our accounts until the restriction is lifted anyway?
Posted by Hannibull on :
and we're down 86% since the R/S, and those who did the rounded-up-shares geek play still don't have their rounded up shares. It also looks like they can forget about uplisting to the Nasdaq now...
Posted by PCola77 on :
This is a bloodbath. When people finally get their 99 "free" shares from the round up, they'll all dump and the price will come down even further.
Yippee... Posted by Jo4321 on :
Yep, but WHEN will those 99 shares come? I did not do the "geek" play". I was one of the "lucky" ones who had less than 100 shares after the split because I had only purchased 1500.
Now, I will be at a loss even WITH the free shares. Sigh.
Jo
Posted by stocktrader2006 on :
Good freakin grief, WTF is going on with this?
Anyone buying at around a 1.00? This stock is way oversold. Bounce soon?
Posted by stocktrader2006 on :
Looks like this stock needs another R/S to keep it over a buck.............LOL
Posted by PCola77 on :
It may be oversold technically, but with a bunch of people still itching to dump as soon as they get their "free" shares, this still has too much downside risk.
Has anyone gotten their rounded up shares yet?
Posted by stocktrader2006 on :
I have yet to get my freakin PAVC shares from the orginal JPHC - PAIV merger.
WTF?
Posted by PCola77 on :
Me too. All the while, their worth dwindles rapidly. My restiricted shares that were once worth close to a million dolalrs are now worth under $20,000 and falling.
Posted by BLACKBEARD on :
Has anyone gotten their rounded up shares yet? -------------------------------------------------------------------------------- Posts: 837 | From: West Chester, PA | Registered: Jan 2006 | IP: Logged |
yup sold fer a 5000% gain however my resticted are STILL in limbo Posted by PCola77 on :
What broker Blackbeard. Seemed like Choucetrade was the only one that they've gone through, as far as I recall seeing.
Posted by stocktrader2006 on :
This might be the bounce off of a 1.00?
Posted by BLACKBEARD on :
yep choicetrade is the key , from what i see on the boards when a play like this comes along , all the bigger more popular brokers , screw it up , and investors can't get answers and such , i am on my 3rd broker ,choicetrade, and love 'em
Posted by Repoman75 on :
Pcola!!!!! Looking for an update here buddy... are your shares up or down now? Do you wish you could have sold back when the AMTD fiasco happened?
Posted by PCola77 on :
I'm still up on paper, but am about 99% sure that when I can actually sell in like 9 months it'll be at a significant loss. Although like I've said from the beginning, I've mentally written it all off as a lesson learned, so anything I get will be a positive. I made enough on the short squeeze to cover most of what I "lost" on the restricted shares, so I'm okay with everything.
Plus I've been finding some really good low float stocks lately. My last 3 "picks" have gone up like 50-100% in just a few hours. Although as usual, I f*** them all up and sell too late and barely make any money, but at least I'm picking them well Posted by Repoman75 on :
Keep me in the loop! I made a killing on ACTC, WWEN and some NASDAQ 52 week low stocks (HOKU, FNSR).
Posted by PCola77 on :
Nice job. I found another really nice low floater, but I'm gonna watch it another couple of days first. The price keeps falling, so it could be dilution. I'm going to try to get it figured out. If it's not dilution I'll be going into it big time.
Posted by ArmySGT on :
Dear Investor:
Thank you for your email. When you buy shares, settlement is the trade date plus 3 business days. The shares are delivered to us at settlement date, which is when they are deposited to your account. When you sell shares, it is our responsibility to take them from your account, and forward them to the buyer. In the case of Jupiter/Paivis, this is a company reorganization, and all of the conditions are set by Jupiter/Paivis, not by anyone in the brokerage community.
You commented that the company has stated it has issued shares. I believe you. The problem is the company does not issue the shares to the clients, or the brokerage houses, but to the transfer agent. It is the transfer agent that has been holding up the process of transferring shares..
We have been in contact with the transfer agent on the above securities. The transfer agent would not give a status on the issuance of the restricted certificates. This is most likely because they now need to determine the number of shares each client is entitled to on the reverse split and round up. We will continue to request updates and will let you know as soon as we have any more information.
Per the terms of the reverse split clients are entitled to a minimum of 100 shares. Our prior e-mail advised everyone that the reverse split entries have been made from PAIV to PAVC, but that any round up shares had not been received. That is still the case. Once we have the additional shares we will book the round up shares to your account. Hopefully the transfer agent will be more cooperative in getting the round up shares.
We do not post dividends or splits on foreign stocks until we receive them. This usually results in a delay of 1-3 business days. As soon as the new shares are delivered to Scottrade, they will be posted to your account.
Please let us know if you have any further questions.
Scottrade has been named Highest in Investor Satisfaction With Online Trading Services Six Times in a Row by J.D. Power and Associates. For award information, visit www.jdpower.com <http://www.jdpower.com/>. -----Original Message----- From: patrick.yates*us.army.mil [mailto:patrick.yates*us.army.mil] Sent: Thursday, September 07, 2006 9:17 AM To: Scottrade Customer Support Subject: Trading
Ok I am emailing again about my PAVC shares, my account switched from PAIV to PAVC but only have the 9 shares from the reverse split, not the 100 shares per reverse split deal. How come when i buy shares you can just put them in my account, when i sell shares you get rid of them almost immediately but when I am due shares it takes forever to give me what I am due and according to the company the shares were already sent out. I have watched this share drop from $7 to almost the pre-reverse split price... oddly enough, other brokers already sent their clients their share.. WHEN WILL I SEE MY SHARES?? All email sent to and from this address will be received or otherwise recorded by the Scottrade corporate email system and is subject to archival, monitoring or review by, and/or disclosure to, someone other than the recipient. Email transmissions may not be secure. You may contact us by telephone if you have concerns about security.
yeah nice to watch it turn out to be cheaper then it was before i even owned it as PAIV.... so easy to pass the buck to the transfer agent. I wish I wasnt in Iraq so i could call them and ask what the deal is...
Posted by PCola77 on :
This whole thing has been a massive clusterf*** the entire time. I'm thankful that I came out okay, but I can imagine tha a lot of others weren't as fortunate, and like you said, everyone will just blame someone else, and the little guy gets screwed.
Posted by Hannibull on :
quote:Originally posted by PCola77: This whole thing has been a massive clusterf*** the entire time. I'm thankful that I came out okay, but I can imagine tha a lot of others weren't as fortunate, and like you said, everyone will just blame someone else, and the little guy gets screwed.
yah no sh**, we're under a dollar now, down 92% since the R/S
Posted by stocktrader2006 on :
What a POS!
Posted by Dark Horse 7092 on :
Hey, ArmySGT, when you get back, how about you and me going to scottrade headquarters and trash the place?
Posted by Jo4321 on :
Here's the response I got to my most recent inquiry:
quote: The additional shares for the round up were requested from the transfer agent on 8/17/2006; however at this time we have not received those shares from the transfer agent. Once they are received we will post the accordingly.
Debra A. Apex Reorganization and Safekeeping, TD AMERITRADE Division of TD AMERITRADE, Inc.
Posted by Soul_beyond on :
I think u should send a email asking why it takes so long, and did the transfer agent has a reason for this delay?
if they are doing the tranfer .. in what procedure are they at ..
Posted by visiblecat on :
I had a situation with my broker ,canadian broker BMO in canada. I sold my 100 shares ,but they werentin the account , I only had 50 shares after the reverse split and then just recently they bought 50 shares without asking me to cover , so i called and complaind and the credited the 50 shares at the price they bought them Posted by Jo4321 on :
You are right. Sent....
Jo
Posted by Jo4321 on :
Well, at least they replied back very quickly......
My email:
quote: Why is it taking so long? Does the Transfer Agent give you a reason for this delay? Who is the Transfer Agent? It has been nearly a month. This is unacceptable
Their response:
quote: We have not been provided with a reason as to why it is taking so long to receive the shares. I am attempting to locate the transfer agent whom we are working with to complete this transaction. Once I receive that information I will notify you via email.
Debra A. Apex Reorganization and Safekeeping, TD AMERITRADE Division of TD AMERITRADE, Inc.
Jo
Posted by NEL on :
Last week I got a letter from Fidelity about my Jupiter shares. Today I called to "give them permission" to release my information to the transfer agent. Sounds like I will be getting my shares soon!
Posted by bluemax on :
here is the link to the live chat last friday with CEO BUGS and CEO SSWM:
I cant wait to get my split, restricted shares of shirt!
Posted by ArmySGT on :
so still nothing for me from Scottrade.. they keep telling me about Jupiter shares and i tell these F-ers i never had shares while they were Jupiter, I had PAIV shares and where the HEll are my shares its been long enough to where i need some numbers. I watched any type of money go into the red from the day it R/S to the present still worth less than what i had left in it, I am still waiting so I can dump this dang thing but at 9 shares i am not anywhere worth the sell. Any suggestions?
Posted by T e x on :
sarge,
call Kevin in compliance...but make sure you have your ducks in a row.
Posted by ArmySGT on :
What do i need to have in regards to ducks? I just shot them an email asking what is taking them so long and why do they keep passing the buck off on the transfer agent. I told them that i would like an email from their transfer agent to show me their reasoning for the hold up of issuing the promised shares.
Posted by T e x on :
with Scottie? YOU have to be the expert...
If they're passing the buck to the TA, you need strong evidence from the TA that you're due your shares...
in my state? It is legal to record conversations as long as one party is aware...
e-mails, notes, etc all mount up...
if you're *convinced* you're right? Simply keep presenting evidence: OTCBB filings, PRs, documentation of conversations with TA/company, etc...
sadly, that's what required. I go through it alla time with geek plays...
Posted by BLACKBEARD on :
i have been pissed off at this too, friggin B/S i got may geek play shares and sold with choice trade , but i hold restricted through first trade , i called them monday and they gave me the same run around , about waiting on the T/Ass , so i called I/R fer jupiter , and she said that , the T/A is having to do them by hand , and should take no longer than 2 week , i have heard that friiggin 2 weeks B/S everytime i talk to sombody about this
Posted by Hannibull on :
que pasa? +92% lol
Posted by NEL on :
what is going on here?
Posted by Hannibull on :
+132% oléééééé lol
Posted by NEL on :
yah but still down 88% from my original buy-in... got a long way to go.
Posted by The Phat Man on :
now might be the best and only time to get out for anyone still holding from the old days. for anyone crazy enough to buy in at a buck as of late, congrats on having big balls.
Posted by Jo4321 on :
If I only had my round-up shares, I'd be even.
Jo
Posted by NEL on :
UP 44% today with 30,000 volume so far... anything going on here?
Posted by BlindMellonChitlin on :
Moving nicely. I wish Etrade would get me my 99 additional shares. But I'll be patient. Maybe by the time I get them they'll be worth a lot more.....lol
Posted by NEL on :
agreed, waiting on my extra shares as well...
Posted by Soul_beyond on :
what the hell is wrong with this company .. why didn't they send the shares out already
Posted by miralake on :
I know this is an old, tired topic, but has anyone from ETrade who held JPHC shared recieved the restricted PAVC shares? I keep emailing ETrade and I always get the same response...
"Thank you for your message regarding the JPHC and PAVC corporate merger. I apologize for any confusion that you have experienced due to this situation. Unfortunately the new shares of Paivis have not yet been delivered by the company and we cannot deposit them to your account until they have been. The dates we have given you in the past have been the dates that we have been given, once the date comes the shares don't and we're either given a new date, or told that they are still processing the request. Because of this we can't give you a date, the company doesn't seem to want to deliver the certificates or is experiencing some trouble in doing so. Either way we will still be making contacts in an attempt to coerce the company to deliver the shares, and I can assure you that as soon as they do we will deposit them to your account immediately."
Should I believe them? Who is to blame for the hold up??
Posted by Chad on :
i havent received anything yet either. im in Scottrade. Although, they did apparently send my shares to the TA....They arent in my account anymore and havent been for like a month now I think. I will probably call the TA at some point to see if they have them. I believe the # is listed somewhre in these posts.
Posted by Jo4321 on :
Nothing in the 10K said anything about the "round up" shares being restricted, right? (I'm not talking about former JPHC shares, but PAIV shares turned PAVC)
If anyone wants to call the transfer agent for PAVC it is 303-783-9055 Executive Registry. Maybe if enough of us call about our rounded-up shares, they'll put it on the front burner.
The lady who answered when I called gave the song and dance that there is just "so much paperwork".
JO
Posted by same on :
IMO pavc
HAS A GAMEPLAN. The silence IMO is for a reason, I recommend every PAVC Shareholder file a SEC Complaint. See below for particulars.
For those who have not filed a SEC Complaint I would highly recommmend you do so and call the SEC to follow up on your complaints. Remember this is our investment. IMO the SEC is well aware of the situation with PAVC and all it encompasses. PAVC is in a unique situation in that the open market was flooded with Illegal Restricted Shares on May 22, 2006 by the brokerages. Below are the historical quotes for JPHC and PAVC. It is also my opinion that the complaints we are filing with the SEC have made a difference. I know a lot of individuals who have filed complaints with the SEC against the brokerage firms involved. This investigation will take time IMO it is a very slow process but I am happy and confident with my investment. We have a lot to gain IMO. These brokerages have hurt the Company PAVC on implementing its game plan and time frame. I hope this info helps some of you.
Below is some info you can use if you file a SEC Complaint.
Paiv now PAVC Here is the PAIV Press release for June 29, 2006 http://biz.yahoo.com/iw/060629/0140620.html . stating the procedure for the Brokers and shareholders to follow.
Paivis, Corp. Provides Information Regarding the Exchange and Delivery of Shares as per the Recently Completed Merger With Jupiter Global Holdings, Corp.via COMTEXJune 29, 2006
ATLANTA, GA, Jun 29, 2006 (MARKET WIRE via COMTEX News Network) -- Paivis, Corp. ("PAIVIS" or the "Company") (OTCBB: PAIV) provides additional information regarding the procedures that Jupiter Shareholders should follow in order to efficiently exchange their Jupiter common shares (the "Jupiter Shares") for their new PAIVIS shares ("Merger Shares") under the terms of the recently completed Merger Agreement with Jupiter Global Holdings, Corp. Specific details regarding the Merger Agreement and the Merger Shares can be found in the Company's Form 8-K filings made on April 25, 2006 and May 17, 2006 with the U.S. Securities and Exchange Commission.
The Merger Shares to be received by the Jupiter Shareholders are "restricted securities" as defined by Rule 144 promulgated under the Securities Act of 1933. The Merger Agreement provides that the Merger Shares will not be registered under the Securities Act, or the securities laws of any state, and absent an exemption from registration contained in such laws, cannot be transferred, hypothecated, sold or otherwise disposed of until; (i) a registration statement with respect to such securities is declared effective under the Securities Act, or (ii) PAIVIS receives an opinion of counsel for PAIVIS that an exemption from the registration requirements of the Securities Act is available.
Due to the effectiveness of the Merger, the former Jupiter Shareholders have now been registered on the transfer books of the Company but certificates representing the Merger Shares can only be issued in accordance with the Merger Agreement, particularly the Exchange of Certificates Section 1.09 (i), whereby the Jupiter Shareholders must surrender their Jupiter common share certificate(s) to the transfer agent of PAIVIS, in order to receive their Merger Shares certificate. PAIVIS provides its new shareholders from Jupiter Global Holdings, Corp. the following instructions to complete the receipt of their Merger Shares:
A.
If you owned shares in Jupiter as of May 23, 2006 that were held in certificate form, please forward your Jupiter common stock certificate(s) to PAIVIS' Transfer Agent to be exchanged for your Merger Shares. PAIVIS recommends that you retain a copy of your certificate(s) before mailing the original to the PAIVIS Transfer Agent ("Executive Transfer"). You do not need to endorse the certificate for transfer or include any stock power transferring the certificate.
B. If you owned shares in Jupiter as of May 23, 2006 that were held in a brokerage account, your broker is your key contact that can help you receive your Merger Shares. All Jupiter shares that were held in a brokerage account are beneficially held for you and are considered "street name" shares and therefore you are the beneficial owner of those street name shares. These street name shares for Jupiter shareholders are represented on the stock books of Jupiter by CEDE and Company (CEDE and Company is the nominee name for Depository Trust Company). Therefore your broker through its relationship with CEDE and Company holds your Jupiter shares for you beneficially. Executive Transfer is currently working with CEDE and Company, and indirectly with your broker, to process the issuance of your Merger Shares and the cancellation of your Jupiter Shares. You must contact your broker to have them help you in surrendering your Jupiter Shares so you can receive your certificate representing your Merger Shares. The most practical way of accomplishing this is for Jupiter shareholders that have their Jupiter Shares in a brokerage account, to have your broker surrender your shares to Executive Transfer for you. Specifically, ask your broker to surrender on your behalf to Executive Transfer your Jupiter shares that they and CEDE and Company beneficially hold for you. Since you must surrender your Jupiter Shares as per the Merger Agreement, and your broker holds your street name shares for you, your broker must assist you in the exchange and surrender of your Jupiter Shares to Executive Transfer. If your broker has questions, have them contact Executive Transfer at the phone number given below for specific details on the exchange process by brokers.
C. Lastly, because of the terms of the Merger Agreement, specifically section 1.09 (i), it is imperative that you undertake the exchange of your Jupiter Shares as soon as possible, as you will not be able to effect any transactions in your PAIVIS shares, such as receiving dividends if declared, until the exchange of your shares is properly completed.
D. The transfer agent for Paivis is Executive Registrar & Transfer, Inc. 3615 South Huron Street, Suite 104 Englewood, CO 80110 Jack Donnelly Ph. 303-783-9055 ("Executive Transfer").
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS The Private Securities Litigation Reform Act of 1995 (the "PSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements. Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA.
PAIVIS intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause PAIVIS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in PAIVIS annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at http://www.sec.gov. For more PAIVIS information please contact: Paivis Shareholder Services Phone: 800-963-6471 SOURCE: Paivis, Corp. Copyright 2006 Market Wire, All rights reserved.
Revenue for the nine months ended June 30, 2006 was $4,557,193, a increase of $4,135,008, or 980%, from $422,185 for the nine months ended June 30, 2005. The increase in revenue was as a result of the acquisition of Macro Communications (“Macro”) in September, 2005.
Cost of revenue for the nine months ended June 30, 2006 was $4,182,713, a increase of $3,199,653, or 325%, from $983,060 for the nine months ended June 30, 2005. The increase in cost of sales was also as a result of the acquisition of Macro. The gross profit percentage for the nine months ended June 30, 2006 was 8.2% compared to (133%) for the nine months ended June 30, 2005. Telecom related sales accounted for the Company’s entire revenue in the current period.
Debt retirement expense for the nine months ended June 30, 2006 was $1,033,603, a increase from $0 from the nine months ended June 30, 2005, as the Company offered inducements to certain debtholders to convert their obligations to shares. Wages and Benefits costs decreased by $2,841,359 due to changes in corporate and compensation structure and staffing. Office, Rent & Sundry expenses increased by $189,038 for the period ended June 30, 2006, and Depreciation expense increased by $123,653, both as a result of the acquisition of Macro. Foreign exchange losses increased by $140,223 in the current period compared to the prior period.
I think the broker (Scottrade) will not release your shares when PAVC is running to the moon (up to $15, I think) . They wait until PAVC go down to $1.05 then they can release your shares.
I got same problem with Scottsuck when QBIT run from $.0011 to $.0145 in 2 days. They hold my shares without season, they did not let me sell. When they released my QBIT shares, it went down to $.0015. They made a short sell for profit and buy back when stock go down then release the shares to me. I should made $ 10,000 but I did not. I am thinking about suing them. I got all records.
Posted by ArmySGT on :
thats what my LT just said too, he thinks that Scottrade is milking my shares for their worth and holding out and pushing the blame on the TA. This is the response I received from them the other day in regards to me asking them.
Dear Investor, Thank you for your email. Scottrade still has not received additional information regarding how soon the issue with the PAIV shares will be resolved. You will have to mail or deliver a formal request in writing to your local branch staff if you would like Scottrade to provide you a response in writing.
From: patrick.yates*xxx.xxx Sent: Wednesday, September 27, 2006 11:36 PM To: Scottrade Customer Support Subject: Trading
Status of the shares?? I am writing again trying to find out the status of my roundup shares for the R/S for the PAIV shares. Who is the transfer agent and why is there such a hold up with issuing the shares? I mean the transfer agent has to have a reasonable answer to this. Can I get a follow up and something in writing directly from the transfer agent showing that they are the reason for this hold up?
Posted by Jo4321 on :
ArmySgt and others, I'm repeating part of my last post here:
If anyone wants to call the transfer agent for PAVC it is 303-783-9055 Executive Registry. Maybe if enough of us call about our rounded-up shares, they'll put it on the front burner.
The lady who answered when I called gave the song and dance that there is just "so much paperwork". She took my phone number and said someone would call me with more info, but alas, no call as of Friday.
Jo
Posted by Jo4321 on :
Still no call back. What a surprise.
I made another call today. Receptionist said that a man named Jack is supposed to call me back. He has several messages from other PAVC investors. Good job guys, keep on calling.
Even as the share price falls 24% UGH!
Jo
Posted by Jo4321 on :
The transfer agent called back. Nice guy, but no real answers about time-frame for any of the shares (Restricted shares, "round-up" or otherwise).
He explained that there are apparently over 150 different brokers with over 450 different packages depending on which scenario you fall in (the original merger, the restricted shares, the reverse split, the round-up shares).
Couldn't or wouldn't give a time frame for completion. Said that the brokerage houses were all supposed to provide a list of beneficiaries to them. Some of these brokerages, held off for months and are blaming them, the TA.
Jo
Posted by stocktrader2006 on :
I guess I'll put this in my will (to be read on about the year 2045):
And lastly, call the local Scottsh*t office and see if my PAVC shares have been deposited in my account. If not, wait another 20 years. If so, good for you, and yes - hell is frozen over.
Posted by Jo4321 on :
LOL Stocktrader2006!
When I was talking to the TA, I asked him if he could give an estimate: "Are we talking weeks, months, years??" He admonished me for being sarcastic. But I wasn't being sarcastic. I truly don't know if we will see resolution of this thing any time soon.
Jo
Posted by Soul_beyond on :
quote:Originally posted by Jo4321: The transfer agent called back. Nice guy, but no real answers about time-frame for any of the shares (Restricted shares, "round-up" or otherwise).
He explained that there are apparently over 150 different brokers with over 450 different packages depending on which scenario you fall in (the original merger, the restricted shares, the reverse split, the round-up shares).
Couldn't or wouldn't give a time frame for completion. Said that the brokerage houses were all supposed to provide a list of beneficiaries to them. Some of these brokerages, held off for months and are blaming them, the TA.
Jo
did they said .. how many of that 150 brokers and 450 packages have they accomplished?
Posted by Repoman75 on :
What's going on with this pig nowadays? Still the short squeeze of the century???
Posted by stocktrader2006 on :
I think the TA is viewing internet porn all day, rather than processing our merger shares.
Posted by Jo4321 on :
quote: did they said .. how many of that 150 brokers and 450 packages have they accomplished?
No, I specifically asked him that and he wouldn't commit to an answer.
JO
Posted by PCola77 on :
Repo, if you don't think .0007 to .285, or over 40,000% is impressive, then I don't know what to tell you man.
I made back what I lost in JPHC, and still have a nice 23,000 restricted shares that I'll probably never see a penny from.
Did you see what AWYB did? from .0012 to .66, and some are still expecting another bounce once the NOBO report comes out (I personally am hopefully, and am holding a decent amount, but not convinced it will soar again. Although volume of 3.5 million today on a stock with a float of 2.8 million is hard to ignore.)
quote:Originally posted by Repoman75: What's going on with this pig nowadays? Still the short squeeze of the century???
Posted by stocktrader2006 on :
quote:Originally posted by stocktrader2006: I think the TA is viewing internet porn all day, rather than processing our merger shares.
I expect my certificate to be sticky and have stains on it. lol
Posted by Dark Horse 7092 on :
I might inform the SEC about this situation. If our sleezy brokers did any "stalling" in order to make a buck for themselves, I think some of us might have a nice court case.
Posted by Superbee383 on :
You said the TA was nice? I thought he was a rude jerk, personally. He yelled, then he moaned and groaned that he'd be working all weekend (end of August, beginning of Sept) to get us our shares. He said he'd have them sent within the week. Well.. Over a month later, and still nothing. It's not the brokerage firms, It's the PAVC Transfer agent. He also said he's not putting anything in street name. He told me that we'd all be getting our shares in the mail. I told him I wanted mine in street name, and said I'd be sending it to Ameritrade as soon as I got them.. Hey Dark Horse.. let me know how it goes with the SEC please? And has anyone told the TA that they were going to, or already did call the SEC? I'm getting sick of this.. that much I know!
Posted by Jo4321 on :
quote: You said the TA was nice? I thought he was a rude jerk, personally. He yelled, then he moaned and groaned that he'd be working all weekend (end of August, beginning of Sept) to get us our shares.
Maybe he was beat down and broken by the time I called him. He was nice enough, answered my questions. Although, he did get quite testy when I mentioned my broker was Ameritrade. Said they had been shorting the stock. Maybe he and Rufus (CSHD) need to talk.
Jo
Posted by Dark Horse 7092 on :
Superbee, I've found that if I report to the SEC about the brokers (and I want them to do something about it), I can't be anonymous. Therefore, Scottrash, my broker could easily refuse me service...and if I'm wrong, that would stink. Currently, I do not believe I know of anyone who has reported the TA to the SEC. I'm hopping mad!!!! Do you know of anyone with evidence, or even suggestion, of illegal delaying tactics?
Posted by ArmySGT on :
quote:Originally posted by Dark Horse 7092: Hey, ArmySGT, when you get back, how about you and me going to scottrade headquarters and trash the place?
Deal! lol and then go take all their papershares and invest with their money
Posted by stocktrader2006 on :
Anyone with Scottrade get their PAVC shares yet - from the JPHC/PAIV merger?
WTF is taking so long?
Posted by Superbee383 on :
At Ameritrade, and still no shares either.. BUT it isn't going through the brokerage firms. The Transfer Agent said he's sending them to us, via snail mail, as they don't want the brokerage firms to short the stock. If we want them in street name, we have to send them to the brokerage firms ourselves. He told me this at the end of Aug/ beginning of Sept. SUPPOSEDLY he was sending them out that first week of Sept.. which hasn't happened yet. So, if we're to blame anyone, it's PAVC and their transfer agent.
Posted by Repoman75 on :
quote:Originally posted by stocktrader2006: Anyone with Scottrade get their PAVC shares yet - from the JPHC/PAIV merger?
WTF is taking so long?
Your involved with this scam too? Man, you're batting 1000 on the scam stocks. I might have CMKX to sell you.
Posted by stocktrader2006 on :
quote:Originally posted by Repoman75:
quote:Originally posted by stocktrader2006: Anyone with Scottrade get their PAVC shares yet - from the JPHC/PAIV merger?
WTF is taking so long?
Your involved with this scam too? Man, you're batting 1000 on the scam stocks. I might have CMKX to sell you.
Geeesh...Did I squeeze your head?
Posted by ArmySGT on :
PAVC -- Paivis Corp. Com ($0.0002)(New)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
PAIVIS, CORP ., (SC 13D/A) Statement of Ownership Filed By STAHL JAN DR
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
SCHEDULE 13D (Amendment No. 1)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THRETO FILED PURSUANT TO RULE 13d-2(a)
PAIVIS, CORP. (Name of Issuer)
Common Stock, par value $0.0002 per share (Title of Class of Securities)
695793 10 9 (CUSIP Number)
Virginia K. Sourlis, Esq. The Sourlis Law Firm 2 Bridge Avenue Red Bank, NJ 07701 732-530-9007 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
May 11, 2006 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. |_|
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
-------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY).
Dr. Jan Stahl -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| -------------------------------------------------------------------------------- 3 SEC USE ONLY
-------------------------------------------------------------------------------- 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) (See item 3). N/A
-------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_|
-------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States -------------------------------------------------------------------------------- 7 SOLE VOTING POWER
1,239,618 ----------------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 1,239,618 WITH ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER
0 -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,239,618 -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |_|
-------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 5% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN --------------------------------------------------------------------------------
This Amendment No. 1 to Schedule 13D amends the Schedule 13D filed by the Reporting Person with the Securities and Exchange Commission (the "SEC") on February 22, 2005 and relates to the Common Stock, par value $0.0002 per share (the "Common Stock"), of PAIVIS, Corp., a Nevada corporation whose principal executive offices are located at 400-3475 Lenox Road, Atlanta, Georgia 30326 (the "Issuer").
As reported by the Issuer in an amended Form 8-K filed with the SEC on May 17, 2006 (which amended the Issuer's Form 8-K filed with the SEC on April 25, 2006), on April 21, 2006, APO Health, Inc., a Nevada corporation ("APO"), entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with APO Health Acquisition Corp, Inc., a Nevada corporation and wholly-owned subsidiary of APO ("APO Acquisition"), and Jupiter Global Holdings, Corp., a Nevada corporation ("Jupiter"), providing for the merger of APO Acquisition with and into Jupiter, with Jupiter being the surviving corporation and a wholly-owned subsidiary of APO (the "Merger").
On May 11, 2006 (the "Effective Date"), the Merger was consummated and APO changed its name to PAIVIS, Corp. Pursuant to the terms of the Merger Agreement, each share of Common Stock of Jupiter issued and outstanding immediately prior to the effective time of the Merger was automatically converted into and become a right to receive 0.46232085067036500 of a share of Common Stock of APO, and was automatically canceled and retired and ceased to exist.
On the Effective Date of the Merger, the Reporting Person sold in private transactions an aggregate amount of 10,055,614 shares of the Registrant's Common Stock for an aggregate sales price of $98,056.14 (or approximately $0.01 per share). The Reporting Person's remaining 4,223,565 shares of the Issuer's freely trading Common Stock were subsequently reduced to approximately 21,118 shares when the Registrant effectuated a 200-for-1 reverse stock split on August 4, 2006.
On October 6, 2006, the Reporting Person sold 500 shares of the Issuer's Common Stock in the open market for $2.15 per share.
On October 10, 2006, the Reporting Person sold 1,000 shares of the Issuer's Common Stock in the open market for $2.30 per share.
As the date hereof, the Reporting Person beneficially owns an aggregate of 1,239,618 shares of the Issuer's Common Stock, consisting of: (i) 19,618 shares of freely trading Common Stock of the Issuer, (ii) 720,000 shares of restricted Common Stock of the Issuer received in the Merger, and (iii) 25,000 shares of Series A Preferred Stock received in the Merger which are convertible into 500,000 shares of restricted Common Stock of the Issuer, which represents less than 5% of the Issuer's currently outstanding Common Stock.
As of the Effective Date, the Reporting Person ceased being a reporting person/insider of the Issuer.
Item 5. Interest in Securities of the Issuer
(a) Aggregate number and percentage of the class of securities beneficially owned:
The Reporting Person beneficially owns 1,239,618 shares of Common Stock of the Issuer, consisting of (i) 19,618 freely trading shares of Common Stock of the Issuer, (ii) 720,000 restricted shares of Common Stock of the Issuer and (iii) 500,000 shares of Common Stock of the Issuer issuable upon the Reporting Person's conversion of 25,000 shares of Series A Preferred Stock. The shares of Common Stock of the Issuer beneficially held by the Reporting Person represents less than 5% of the Issuer's Common Stock, based on 26,189,752 shares of Common Stock issued and outstanding as of August 15, 2006 as reported by the Issuer in its amended quarterly report on Form 10-QSB/A for the quarterly period ended June 30, 2006 filed with the Securities and Exchange Commission on August 22, 2006.
(b) Number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition:
1,239,618 shares of Common Stock.
(c) Transactions in the securities effected during the past sixty days:
Please see Item 1 above.
(d) No other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities.
(e) The date on which the reporting person ceased to be the beneficiary owner of more than five percent of the class of securities:
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
October 11, 2006
By: /s/ Jan Stahl ------------- Dr. Jan Stahl
Posted by MoneyMoneyMoney on :
Cool!!! I finally got my free 99 shares for the round-up. This is through Fidelity. Now still waiting on Scotty. I'll be closing my account with scottrade as soon as I get em there. On to CHOICETRADE. I've never had problems there. NEVER!!!
Posted by ArmySGT on :
thats awesome 3money! I cant wait till scotty will get me mine!
Posted by NEL on :
quote:Originally posted by MoneyMoneyMoney: Cool!!! I finally got my free 99 shares for the round-up. This is through Fidelity. Now still waiting on Scotty. I'll be closing my account with scottrade as soon as I get em there. On to CHOICETRADE. I've never had problems there. NEVER!!!
I have Fidelity too, still no rounded up shares... maybe later today?
Posted by Chad on :
IF THERES ANYONE IN THIS FROM JPHC DAYS, COULD YOU HELP ME TO LOCATE THE RULES AS FAR AS WHEN WE CAN TRADE THE RESTRICTED SHARES? I REMEMBER SEEING LONG WAY BACK BUT I TRIED A SEARCH AND CANT FIND ANYTHING TO LOCATE THE THREAD. THX!
Posted by NEL on :
I thought it was one to possibly 2 years, not sure myself?
Posted by same on :
Important info on Brokerage Firms and T/A
I would highly suggest that all here call their Brokerage Firms and speak with your Compliance Examiner. Ask and demand from your Brokerage Firm compliance dept all information on your accounts that they sent to the transfer Agent Mr Jack Donelly .All Documents! Do not take no for an answer you have the right to receive this information on your accounts from your brokerage Firm.
Do not listen to the excuse that you may here from your Compliance Examiner saying to you (you can see everything we sent to the T/A by looking at your account it is all there.)
You want to see and have physical possession of all the Documents sent about your account to the T/A. . You may have to request this information in writeing which is what I had to do. I hand deliverd a letter to the branch manager at my local branch office and I got a copy of the letter for my records.
After this I sent an E-Mail to the Brokerage Firm I use stating exactly what I just did and reiterated the information I wanted mailed to me. I mentioned names of all the parties I talked to. By doing an E-Mail to your Brokerage Firm it insures that they receive your requests. You protect yourself so the Brokerage Firm can not come back on you and state they never received any such request from you.
Next call the T/A and speak to Mr Donelly. Ask Mr Donelly if he could send you a Fax about the information he has requested from the Brokerage Firm that you are using.
I did just that and Mr Donelly sent me a Fax on what he requested from my Brokerage Firm I use which is Scottrade.. Mr Donelly verified that I was a clinent of that Brokerage Firm before he sent me the Fax.
I will not post the contents of the Fax on this message board. It is up to you to call the T/A and get a copy for yourself.
I can state this after reading the information I received from the T/A I sent a SEC Complaint against the brokerage Firm I use.
I have been asking my Brokerage Firm questions for months with e-mails, phone calls and talking face to face with the branch manager with no results. What are they trying to hide? Now I know the answer.
Posted by Chad on :
SAME, is what they are hiding a good thing for us restricted holders??
Posted by Chad on :
I no longer have my restricted shares in my Scottrade account anymore, they said that it was sent to the TA and a $25 charge was applied to my account. that was like a couple months ago i think.
Posted by same on :
Chad IMO
We will be fine on our restricted shares. Yes it is good for us. Now I am only speaking of one Brokerage firm, the one I use. There are many more involved.
Posted by JBravo on :
Did anyone got their "round-up to 100" shares yet after reverse split. I am still waiting on mine. Scottrade is not very helpful to find the status.
Posted by same on :
You guys have to call
The T/A and do SEC Complaints, read my previous posts and follow what I posted.. Do you really think the Brokerage Firm is going to help you.
JBravo Send New Private Message Edit/Delete Post Reply With Quote Did anyone got their "round-up to 100" shares yet after reverse split. I am still waiting on mine. Scottrade is not very helpful to find the status. Posts
Posted by Jo4321 on :
up 50% today.
Wish I had my 100 shares. Guess another call to the TA is in order.
Jo
Posted by Chad on :
hope so SAME. I figure if I dont get the by end of year, I'll be calling TA continuously. Also, I wish you could divulge what they were hiding and how its good for resticted holders using Scottrade. lol thx for all ur info by the way over the months.
Posted by Hannibull on :
3.25 x 41 ? is it halted? *edit* nvm might be my streamer that's acting weird
Posted by same on :
Chad its not the T/A
You want to contact your Broker they are the culprits here. Everyone Call T/A and verify what is going on. Read the below posts on what is really happening with Scottrade and Ameritrade. Then Call T/A 303-783-9055
Posted by: same53In reply to: same53 who wrote msg# 13647 Date:10/18/2006 10:22:48 AMPost # of 13702 Everyone Read this post again. I see a lot of posters asking Questions that they can get themselves. I did exactly what I posted below. I also followed up with the Brokerage Firm I use in requestiong New Information. I am waiting on that.Again i will not post on the message boards what I found out. I did do a SEC Complaint against my Brokerage firm and I am pissed that we are being lied to and deceived by these firms.IMO Do not think for one minute that the brokerage firms are working in your be half. At first I thought they were.NOT ANY MORE* **************************************************************Important info on Brokerage Firms and T/A I would highly suggest that all here call their Brokerage Firms and speak with your Compliance Examiner.Ask and demand from your Brokerage Firm compliance dept all information on your accounts that they sent to the transfer Agent Mr Jack Donelly . All Documents!Do not take no for an answer you have the right to receive this information on your accounts from your brokerage Firm. Do not listen to the excuse that you may here from your Compliance Examiner saying to you (you can see everything we sent to the T/A by looking at your account it is all there.)You want to see and have physical possession of all the Documents sent about your account to the T/A.. You may have to request this information in writeing which is what I had to do. I hand deliverd a letter to the branch manager at my local branch office and I got a copy of the letter for my records.After this I sent an E-Mail to the Brokerage Firm I use stating exactly what I just did and reiterated the information I wanted mailed to me.I mentioned names of all the parties I talked to.By doing an E-Mail to your Brokerage Firm it insures that they receive your requests. You protect yourself so the Brokerage Firm can not come back on you and state they never received any such request from you.Next call the T/A and speak to Mr Donelly. Ask Mr Donelly if he could send you a Fax about the information he has requested from the Brokerage Firm that you are using. I did just that and Mr Donelly sent me a Fax on what he requested from my Brokerage Firm I use which is Scottrade.. Mr Donelly verified that I was a clinent of that Brokerage Firm before he sent me the Fax.I will not post the contents of the Fax on this message board. It is up to you to call the T/A and get a copy for yourself.I can state this after reading the information I received from the T/A I sent a SEC Complaint against the brokerage Firm I use.
I have been asking my Brokerage Firm questions for months with e-mails, phone calls and talking face to face with the branch manager with no results. What are they trying to hide?Now I know the answer. ********************************************* Posted by: same53In reply to: None Date:10/18/2006 1:21:59 PMPost # of 13702
Post from RB this is what is going onThis is exactly what I am getting at. Read the post below. By: rinderles18 Oct 2006, 11:35 AM EDTMsg. 14031 of 14032Jump to msg. # I would strongly suggest that anyone who has restricted shares for JPHC to contact the transfer agent and verify that the transfer agent has your shares. I would also make sure they have the correct amount. I called yesterday to verify my position and to my surprise he told me my shares were not even listed with the Scottrade record position.I thought all my shares were sent months ago and im pretty disgusted to learn after all this time my shares were not included for some reasonThis could be a huge problem. *********************************************** Posted by: Dallas66In reply to: None Date:10/18/2006 6:09:54 PMPost # of 13702
I spoke with Jack Donnelly last Monday and last Friday concerning the delivery of shareholder information from TDAmeritrade involving the restricted shares. Jack told me as of friday, he still has not received the complete and correct listing of shareholders, and what information involving share count received with that information is incomplete, this was from TDAmeritrade.
I contacted TDA last Monday after talking to Jack and demanded the following information be sent to the TA immediately. I was told by Jane in the compliance dept., the information had already been sent.
I asked her to verify with me what that information was...not names and numbers...just the specific information the TA had requested, and when it was actually sent. Jane was unable to supply me with that information. Jane assured me that MY personal information would be resent, and it would be done on Tuesday of last week.
I also requested an email verifying my personal information so I could again contact the TA to verify he indeed did receive the correct and accurate information. As of last Friday Jack had not received the information, nor had I received an email conformation as I was promised. Today I contacted TDA again spoke with John, and was told MY PERSONAL INFORMATION was propriatary by TDA and they did not have to disclose that information to me.
That was the wrong answer. After a brief conversation with a supposed dept. head, to make this shorter...I was told I will be sent the requested information via snail mail excluding my SS# for security reasons, which will also be resent to the TA. I can live with that. I was also told by this person at TDA that they sent all requested information to the TA on Oct. 12, 2006.
How many months late is that from when the TA requested it?
The TA faxed me the letter he sent to TDA. TDA DID NOT COMPLY. EVERYONE...PLEASE DO THE FOLLOWING:CONTACT YOUR BROKER...DEMAND THEY RESEND "YOUR" PERSONAL INFORMATION TO THE TRANSFER AGENT. DO NOT TAKE NO FOR AN ANSWER. DEMAND THEY SEND YOU A COPY OF THAT INFORMATION TO YOU VIA SNAIL MAIL. AGAIN...DO NOT TAKE NO FOR AN ANSWER. TELL THEM UP FRONT YOU WILL BE VERIFYING THIS INFORMATION WITH THE TRANSFER AGENT PERSONALLY.
IT DOESN'T MATTER IF THEY TELL YOU THEY HAVE SENT IT A DOZEN TIMES...DEMAND THEY RESEND...IT IS YOUR RIGHT TO SEE IT. here is the information the TA requires in order to complete the delivery of your shares.Legal Name: use the name in your broker account
Home addresstax id (SS#) 1. Total # of shares after merger & date2. Total # of shares after exchange rate & date3. Total # of shares after 200:1 reverse split & date05-11-06 is the merger date05-23-06 is the jphc to paiv ratio date08-03-06 is the 200:1 reverse split dateIf you had APOA shares, there is an additional piece of information needed.
The stock record position and date for the div. I believe that was around 5-12-2006.....maybe 5-10-2006.these three records for your shares are called the"stock record position"you also need specified if you had only jphc...onlyapoa...or both jphc and apoa shares.
If your curious about the letters the TA has sent to the brokers, you will have to contact the TA and he will gladly FAX a copy to you involving YOUR broker. Posted by: scrath50 In reply to: None Date:10/18/2006 3:17:07 PMPost # of 13702
interesting......"Thank you for your email. Scottrade is waiting to receive further instruction from the stock's transfer agent regarding the additional shares that are due shareholders.
All the shares will be credited to the necessary accounts when Scottrade finally takes possession of them.We apologize for the delay. Please let us know if you have any furtherquestions regarding your account. Cordially,Jon M.National Service CenterScottrade Inc."
Posted by same on :
More Proof that Brokerages false statements
Are not cooperating with the T/A
Posted by: Bigdogs In reply to: LP who wrote msg# 3364 Date:10/19/2006 8:01:55 PM Post #of 3378
LP
These are my thoughts on the restricted Pavc(Jphc) shares.
I strongly advise every single person who has restricted shares of JPHC (now Pavc) to call the tranfer agent and confirm with him that he has your positions and shareholder information sent by the brokerages
After finding out after 6 months the other day that the transfer agent did not have my shares or any information on my account I am pissed. Been on the phone with compliance trying to figure everything out.
I have been in touch with the transfer agent and he has sent me a list of everything the brokerages needs to comply with the transfer agent. From what im hearing and is backed up by the transfer agent is the brokerages have a ton of failure to deliver shares and that there are only a minimal percentage of shares to give out to anyone and until the brokerages buy back in those failures the majority of shareholders will not be getting any shares from the looks of it.
I have talked to a few others with very large positions and there shares never showed up with the transfer agent. So the brokerages who have said all our information was sent have been misinforming alot of people including me.
If you call the transfer agent & request a fax of everything he needs
This is getting very disturbing what im hearing
I will update as i go from here
Posted by McShooter on :
I have not received my certs in the mail yet, but after calling Scottrade and venting suddenly PAVC shares are showing in my Gainskeeper this morning. Anyone else showing shares in Gainskeeper? Things that make you go HMMMMMM!!!! They do look nice with that 383% gain in there I must say!!! Let's hope they at least hold this PPS or better!!!
500 into 100K...You Gotta' Believe!!!
Posted by FOSTR on :
McShooter I dont have mine in gainskeeper yet, but I will call them right now and see what the hell is going on. thanks for the update.
fostr
Posted by stocktrader2006 on :
quote:Originally posted by McShooter: I have not received my certs in the mail yet, but after calling Scottrade and venting suddenly PAVC shares are showing in my Gainskeeper this morning. Anyone else showing shares in Gainskeeper? Things that make you go HMMMMMM!!!! They do look nice with that 383% gain in there I must say!!! Let's hope they at least hold this PPS or better!!!
500 into 100K...You Gotta' Believe!!!
I had my PAVC shares in my Gainskeeper yesterday....Today I have my original JPHC shares.
Posted by PCola77 on :
I have JPHC shares in Gainskeeper with a value of $0 and the converted shares of PAIV with yesterday's close of $2.75. Looks good. Too bad we can't sell them Posted by FOSTR on :
McShooter
just got off the phone with scotty and the /ta what a f***ing joke. just curious you said your pavc shares are showing up in your gainskeeper, when I told them that they basically called me a liar and said no one that has a scottrade account will have pavc showing because they do not hold restricted shares in any account, and as far as the t/a they said the typical responce that they have not recieved all the info from scotty. but I am supposed to recieve a call from jack donnelly no later than friday will see.
Posted by Burn on :
JUPITER GLOBAL HOLDINGS COR (JPHC) 3,847,594 0.0006 2,280.92 -2,280.92 -100.00 Scott Trade gainskeeper
Posted by McShooter on :
quote:Originally posted by stocktrader2006:
quote:Originally posted by McShooter: I have not received my certs in the mail yet, but after calling Scottrade and venting suddenly PAVC shares are showing in my Gainskeeper this morning. Anyone else showing shares in Gainskeeper? Things that make you go HMMMMMM!!!! They do look nice with that 383% gain in there I must say!!! Let's hope they at least hold this PPS or better!!!
500 into 100K...You Gotta' Believe!!!
I had my PAVC shares in my Gainskeeper yesterday....Today I have my original JPHC shares.
And now today they are gone just like that. Showing JPHC shares once again. B.S. B.S. and more B.S.!!!
Posted by same on :
McShooter and others on Gainskeeper
The same thing happen to me, the difference is I printed out the Gainskeeper posistions. So I have the proof it was done. Second IMO they did this to show they are cooperating with the Transfer Agent, then they reversed back to JPHC. The reason Phanthom Shares they created from the fiascal on May 22, 2006 when all the brokerage firms flooded the open market with Illegal Restricted PAIV Shares and they are caught. Remember May 22, 2006 when the Brokerage Firms flooded the open market with Illegal PAIV shares, http://ragingbull.quote.com/mboard/boards.cgi?board=JPHC&read=55013 5/26/2006 0.005 0.006 0.004 0.006 146,078,259 5/25/2006 0.007 0.007 0.004 0.006 224,541,371 5/24/2006 0.009 0.099 0.008 0.008 406,496,755 5/23/2006 0.003 0.009 0.003 0.007 760,425,733 5/22/2006 0.001 0.003 0.001 0.002 920,928,086 5/18/2006 0.009 0.014 0.007 0.01 1,063,402 This is where the problem lies IMO. Also with the FTD that is happening right now with the Brokerages. I would advise everyone file a SEC Complaint no matter what their views.
Posted by goodlive on :
Email back from Scottrade 10/24/2006:
"Thank you for your e-mail.
For the latest information, I would contact the transfer agent, Executive Registrar and Transfer Inc., 303-783-9055, or you could call Paivis Shareholder Services at 800-963-6471.
Feel free to contact us whenever you have any questions.
Cordially,
XXXXXX
Scottrade Inc.
Posted by goodlive on :
Quote I had my PAVC shares in my Gainskeeper yesterday....Today I have my original JPHC shares.
You are right - I had the same thing in the GainsKeeper Scottrade. I think it was 3 or 4 days ago, it showed PAVC with profit !!!! Now it shows JPHC again with 100% loss !!!!!!!!!!!
Posted by stocktrader2006 on :
What the _________?? (you fill in the blank) Posted by PCola77 on :
Mine still shows both JPHC at 0 and PAVC at 3.20.
I'm rich! Posted by stocktrader2006 on :
This is _________!!! (you fill in the blank) Posted by MoneyMoneyMoney on :
My suggestion is to transfer all your funds and stocks to Choicetrade.com!!! I have never had a problem on ANY plays I've ever done. Even the ones Tex like to call "geek plays".
Posted by stocktrader2006 on :
Mx3 - Are you saying you have your PAVC shares from the JPHC merger? Or is it from the R/S share round up to 100? These are 2 debacles that I know of with this.
Posted by stocktrader2006 on :
Hey what do you know? - My JPHC shares are out, and PAVC shares are back in my Gainskeeper.
Posted by FOSTR on :
WOW!!!!!
mine is showing as well, about time. now if we could just sell and everyone would be happy
Posted by stocktrader2006 on :
Don't worry FOSTR tommorow they will be gone and JPHC shares will be back. Happened to me last week. lol
Posted by FOSTR on :
dont they become unrestricted about may of 07'? hell by then they will be worth nothing
Posted by stocktrader2006 on :
I want to say that you can only sell a tiny portion in May '07, and the rest in May '08.
Posted by FOSTR on :
just printed a copy off of gainskeeper so the next time they tell me the shares have never been in there I can give them a large paper cut with my copy
Posted by stocktrader2006 on :
Good idea.
Posted by McShooter on :
My shares are showing again and I printed them up on Gainskeeper as well!!!
500 into 100K...You Gotta Believe!!!
Posted by FOSTR on :
dumb question
I had 1,000,000 shares of jphc at the time of the merger and according to the letter I recieved I am supposed to have 462,321 of paivis then why does my account with scotty show over 2.3 mil of paivis? maybe I had to many brews last night and my mind is not very clear today.
Posted by PCola77 on :
You should have 2,311. Not 2,311,000. There was a 200:1 reverse split that you have to divide your 462,321 shares by. If you have 2.3 million, keep it quiet Posted by FOSTR on :
thanks for the help mums the word
Posted by same on :
McShooterCopy and Past Gainskeeper
As well in case they dissapear again
My shares are showing again and I printed them up on Gainskeeper as well!!!
500 into 100K...You Gotta Believe!!! Posts: 201 | From: Ohio | Registered: Mar 2006 | IP: Logged | Report this post to a Moderator
Posted by FOSTR on :
alright this is BS now my gainskeeper shows jphc again, does anyone else still have there paivis shares or are they all gone? glad I printed the copy yesterday that shows they were in my account, will rip them a new ass come morning and give them the paper cut I promised.
Posted by FOSTR on :
just got off the phone with scottrade what a f***ing joke, first corp office has no idea why the shares for jphc and paivis are showing up on different days, told me to call tech support they dident have a clue, was then told to call local office they could help [WRONG] they will just have to get back with on this. complete bs Posted by Hannibull on :
so how come none of us have gotten our round-up shares? It's clearly written in an SEC filing posted a few months ago that those who had under 100 shares would get 100 shares, aren't they obligated by law to keep their promise? Isn't there anything us shareholders can do?
Posted by NEL on :
I got my round up shares about 2 weeks ago (Fidelity). But they are not currently tradeable, guess I have to give them a call and find out why?
Posted by NEL on :
I SEE THAT DR. JAN Stahl former APO CEO has filed to sell a boat load of shares.
Oct 21, 2006 (Vickers Stock Research via COMTEX) -- Document Processing Date: October 20, 2006
Filer: STAHL, JAN Relation:
Stock Name: Paivis Corp Stock CUSIP: 695793208
Stock Symbol: PAVC Exchange: OTC
Transaction date: October 06, 2006 Shares for sale: 20198752 Value held: $56307966
Broker: MERRILL LYNCH PIERCE FENNER
Posted by stocktrader2006 on :
I guess Dr. Jan needs some money for Christmas.....lol
Posted by FOSTR on :
has anyone recieved there certs in the mail yet???
Posted by stocktrader2006 on :
Certs for what? They JPHC-PAVC merger?
Posted by FOSTR on :
yes
Posted by same on :
NEL This is Bogus
Shares for sale: 20198752, First the O/S PAVC is 26 Million and Stahl does not own that may shares.
Icon 1 posted November 09, 2006 09:16 Profile for NEL Send New Private Message Edit/Delete Post Reply With Quote I SEE THAT DR. JAN Stahl former APO CEO has filed to sell a boat load of shares.
Oct 21, 2006 (Vickers Stock Research via COMTEX) -- Document Processing Date: October 20, 2006
Filer: STAHL, JAN Relation:
Stock Name: Paivis Corp Stock CUSIP: 695793208
Stock Symbol: PAVC Exchange: OTC
Transaction date: October 06, 2006 Shares for sale: 20198752 Value held: $56307966
Broker: MERRILL LYNCH PIERCE FENNER
Posted by stocktrader2006 on :
Why is this thread still in the .10 & under board?
It's been over .10 for months.
Posted by NEL on :
This is NOT bogus.... I found this under news when I reserached this stock in the Fidelity Web Site... maybe the quantity does not take into account the 200:1 split?
Form 144: Filing to Sell 20198752 Shares of Paivis Corp (PAVC) 6:28 p.m. 10/21/2006 Provided by
Oct 21, 2006 (Vickers Stock Research via COMTEX) -- Document Processing Date: October 20, 2006
Filer: STAHL, JAN Relation:
Stock Name: Paivis Corp Stock CUSIP: 695793208
Stock Symbol: PAVC Exchange: OTC
Transaction date: October 06, 2006 Shares for sale: 20198752 Value held: $56307966
Broker: MERRILL LYNCH PIERCE FENNER Copyright (c) 2006, Vickers Stock Research Corporation. All rights reserved.
Posted by stocktrader2006 on :
Don't you know that reverse splits don't affect the CEO's shares?
lol
Posted by NEL on :
Well I didn't make it up.
Posted by no_patience on :
Certs for what? They JPHC-PAVC merger?
Hey,
Ameritrade person here. I thought I was slow, man.
I Did call the transfer agent last week. They say they are working it, but there is a pile 5 feet tall. The receptionist I spoke to knew most of the details and put my name on a 'to call list' She also said the certs are being mailed out 1 customer at a time. Some relief here know that it is not a black hole and only a brown one. I guess I may get mine about the time the restriction is lifted.
The information was provided to the transfer agent originally on 7/28/2006. The transfer agent is Executive Registrar & Transfer Agency.
Debra A. Apex Reorganization and Safekeeping, TD AMERITRADE Division of TD AMERITRADE, Inc.
I show that the telephone number for Executive Registrar & Transfer is 1-303-783-9055.
Laurie W. Apex Reorganization and Safekeeping, TD AMERITRADE Division of TD AMERITRADE, Inc.
Good luck.
Posted by FOSTR on :
easy trigger I have made the same calls myself, just curious if anyone has actually recieved there's yet.
Posted by same on :
NEL on Stahl here
I did not say you made that Form up. I saw the same Form as you pasted above. Then I did a little DD and found this out. Something in the above Fidelity Post you pasted is wrong. Stahl has 19,648 freely trading shares of Common Stock.
Item 5. Interest in Securities of the Issuer
(a) Aggregate number and percentage of the class of securities beneficially owned:
The Reporting Person beneficially owns 1,293,427 shares of Common Stock of the Issuer, consisting of (i) 19,648 freely trading shares of Common Stock of the Issuer, (ii) 713,959 restricted shares of Common Stock of the Issuer and (iii) 560,000 shares of Common Stock of the Issuer issuable upon the Reporting Person's conversion of 28,000 shares of Series A Preferred Stock. The shares of Common Stock of the Issuer beneficially held by the Reporting Person represents less than 5% of the Issuer's Common Stock, based on 26,189,752 shares of Common Stock issued and outstanding as of August 15, 2006 as reported by the Issuer in its amended quarterly report on Form 10-QSB/A for the quarterly period ended June 30, 2006 filed with the Securities and Exchange Commission on August 22, 2006.
(b) Number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition:
1,293,427 shares of Common Stock.
(c) Transactions in the securities effected during the past sixty days:
Please see Item 1 above.
(d) No other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities.
(e) The date on which the reporting person ceased to be the beneficiary owner of more than five percent of the class of securities:
June 9, 2006
SC 13D/A Last Page of 5 TOC 1s
Posted by MoneyMoneyMoney on :
quote:Originally posted by stocktrader2006: Mx3 - Are you saying you have your PAVC shares from the JPHC merger? Or is it from the R/S share round up to 100? These are 2 debacles that I know of with this.
Sorry it took so long to get back but didn't see you were asking until today. From the round-up under a 100 shares. Heres a few letters to maybe clear up things for those folks. I have already received my choicetrade shares and sold 50 X 8.50 and 50 X 6.55. Fidelity's letters to me:
Dear Fidelity Client:
We want to remind yoiu that there is a 11/14/2006 deadline to participate in the PAIVIS CORP COM tender offer. Your current quantity is 99.
You should have received complete details of this tender offer under separate cover. If you wish to tender your securities, please call us before the close of business on November 14, 2006. Our brokerage representatives can be reached at 800-544-8666 to complete this transaction for you or answer any questions.
If you already tendered your securities or are not interested in doing so, please disregard this reminder.
Sincerely,
Fidelity Brokerage Sercives
------------------------------------------------
Letter from beforehand:
We have been advised of the following by the agent of Paivas Corp, Executive stock transfer.
As per the terms of the company's merger agreement. Paavas corporation has effected a 1 for 200 reverse split from cusip # 695793109 to cusip 695793208. Shareholders are entitled to be rounded up to a minimum of 100 shares of cusip# 695793208.
Before clients can receive their additional entitlement, the agent is requiring the disclosure of the following beneficial holder information: 1 - Full name of account 2 - Current address 3 - Social security # or tax I.D. Since personal information such as this cannot be released by our firm without the permission of the shareholder, we are requesting you contact your broker as soon as possible to provide consent for the release of this information.
To facilitate this process, shareholders have been given an equal number of shares due on the round-up under Cusip# 69579..... By tendering these shares, the shareholder agrees to allow the firm to release their personal information to the agent.
Any questions regarding the corporate action's details should be directed to executive stock transfer (303) 783-9055 or Mr. Glenn Liddell at Paivas, Inc, (800)963-6471.
Fidelity Brokerage Services LLC Member NYSE, SIPC.
Posted by Hannibull on :
I'm writing Ameritrade again, I wonder if the round-up shares thing also counts if you held JPHC shares during the merging (restricted stock), does anyone know this? I'm not sure because I have 1 share in another account that also still needs to be rounded up to 100
Posted by Soul_beyond on :
My broker didn't actually contacted me to request that information ..
Posted by Hannibull on :
XXXXXXXXXX
On 08/17/2006, TD Ameritrade submitted a request to the transfer agent for Paivis Corporation for the additional shares as the result of the company's decision to round up. Once we have received these additional shares, your account would be updated accordingly. At this time, we do not have an estimate on how much longer before the shares will be received.
Laurie W. Apex Reorganization and Safekeeping, TD AMERITRADE Division of TD AMERITRADE, Inc.
Posted by Soul_beyond on :
i kinda have the same message also ..
Posted by NEL on :
I talked to my Fidelity broker today regardng the share round-up. I let him know that I wanted to participate in the "tender" and he informed me he has my info in place but until ALL of the Fidelity PAVC shareholders call in with their request to participate NONE of our shares will be released or become active. Come on you Fidelity people get on the ball and make the call. I want my FREE shares.
Posted by Hannibull on :
quote:Originally posted by NEL: I talked to my Fidelity broker today regardng the share round-up. I let him know that I wanted to participate in the "tender" and he informed me he has my info in place but until ALL of the Fidelity PAVC shareholders call in with their request to participate NONE of our shares will be released or become active. Come on you Fidelity people get on the ball and make the call. I want my FREE shares.
that's BS, you are entitled to your round-up shares no matter what, they can't put a hold on it when 1 out of the hundreds of fidelity clients who own PAVC "doesn't call", your right to get those shares does not depend on other people! I wouldn't fall for that, I don't believe any of it... JMO
Posted by Jo4321 on :
Originally posted by Same on 10/14/2006
quote:Important info on Brokerage Firms and T/A
I would highly suggest that all here call their Brokerage Firms and speak with your Compliance Examiner. Ask and demand from your Brokerage Firm compliance dept all information on your accounts that they sent to the transfer Agent Mr Jack Donelly .All Documents! Do not take no for an answer you have the right to receive this information on your accounts from your brokerage Firm.
Okay, I did this, and I got my reply (via U.S. Mail today):
quote: Thank you for your correspondence dated November 2, 2006 regarding your account held with TDAmeritrade.
You requested for TDA to send you copies of all information sent to the transfer agent of Paivis (PAVC). Regrettably, we will not be able to honor your request as the information was provided to the agent by the Depository Trust (DTC). The additional round-up shares from the reverse split were requested from the agent through DTC on August 17, 2006. Once the shares are received from the agent, we will post them to the affected shareholder accounts.
Should you have any questions yada yada yada....
Jeffrey R. Bornhoft Client and Regulatory Relations Analyst Corporate Compliance
Posted by Soul_beyond on :
Yo, .. it is not that my broker wont' send that infromation to the t/a .. it is t/a didn't request for it ..
Posted by same on :
jo4321
The TA requested from all the Brokerages . I use Scottrade and have been given a line of B/S since June. 1. Legal Name: use the name in your broker account 2. Home address 3. Social Security Number 4. Total # of shares after merger & date 5. Total # of shares after exchange rate & date 6. Total # of shares after 200:1 reverse split & date
Ameritrade is not telling you the facts IMO.
Keep on their case and do a SEC Complaint as I and others have done.
Posted by MoneyMoneyMoney on :
quote:Originally posted by NEL: I talked to my Fidelity broker today regardng the share round-up. I let him know that I wanted to participate in the "tender" and he informed me he has my info in place but until ALL of the Fidelity PAVC shareholders call in with their request to participate NONE of our shares will be released or become active. Come on you Fidelity people get on the ball and make the call. I want my FREE shares.
NEL, Did you give permission to allow your info to be told to PAVC transfer? If you did, Fidelity is saying today, the 14th of Nov, is the last day to say yes and that "all shareholders information" will then be sent in one swift transaction. After today it will then take approx 2 wks to get the shares into the account and able to sell.
If you did not give permission then you will not receive shares.
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lol
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wee me
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