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PAVP news coming on thursday 2-26
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[QUOTE]Originally posted by JOED5500: [QB] February 24, 2004 13:13 ProActive Computer Services Featured in Barron's Update on CortDev Inc. Project HOUSTON, Feb 24, 2004 /PRNewswire-FirstCall via COMTEX/ -- ProActive Computer Services Inc. (Pink Sheets: PAVP) was featured in the February 23rd edition of Barron's. An excerpt from its recent news release was included in the Technology Week insert under Current Corporate Reports (p.T2). Barron's is considered to be America's premier financial weekly publication with its readership including corporate decision-makers, institutional investors, individual investors and financial professionals. (Source: [URL=http://www.barrons.com)]www.barrons.com)[/URL] As a result of this write-up PAVP has raised its credibility with the investment community and is attracting widespread investor interest. CEO Andrea Cortellazzi stated: "Since the issue hit the newsstands I have personally received numerous calls from institutional and private investors who expressed an interest to make a major investment in PAVP. I expect a number of these parties to invest in restricted stock in the near future, which will significantly increase our cash position and help us to fund our operations." The CortDev Inc. project is proceeding ahead of schedule. Surveying of the St.Hubert airport and surrounding property is complete as well as the architectural drawings. A majority of the space has been tentatively pre-leased. PAVP is presently in negotiations with three contractors with respect to construction of the hangar, which the company expects to close in a couple of weeks. In addition, to assist with project management and logistics PAVP has hired engineering and financial consultants. They are being compensated with shares in the company. As a result of these transactions the number of outstanding shares has been increased. CEO Andrea Cortellazzi stated: "The airport re-development project is quickly materializing. We can't wait to provide images of the work-in-progress to shareholders, which will be posted on our new corporate website by mid-March." [/QB][/QUOTE]
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