posted
PAVP is in negotiations to acquire a fingerprint technology identification business. This was first reported in the March 23rd, 2003 news release. The process was delayed due to Carey W. Cooley's departure at the end of 2003. Andrea and his advisors have identified three acquisition targets and intend to make their decision by the end of the month. The biometric technology employed by these companies is state-of-the-art and in high demand due to the heightened emphasis on national security following the attacks of 9/11. The projections for each of these companies are at least $15M in revenues and profitable by 2005 when they expect their products to be ready for commercialization. Andrea stated: "This field is a fast-growing and exciting one that can make a positive contribution to the revenue and earnings of PAVP in both the short and long-term. The acquired company will operate as a separate entity or subsidiary of PAVP's CortDev Inc. business."
This is going to be a much higher valued stock soon, and it is a very good entry point from this dip.
posted
Gaining Momentum again, All aboard! Get in while you can.. this one will run much more with news comming up with 3 aquisitions to be decided on in less than 2 weeks!
Posts: 82 | Registered: Feb 2004
| IP: Logged |
HOUSTON, Feb. 17 /PRNewswire-FirstCall/ -- Beral Inc. has developed an acquisition strategy for ProActive Computer Services Inc. (PAVP: Pink Sheets) following the announcement that it has become an active shareholder of the company. Beral Inc.'s strategy is to restructure PAVP as a merchant bank or a holding company for valuable international assets and ventures. Mr. Andrew Racz (International VP of Finance) has identified several European financial institutions and investment management companies that would like to transfer their assets, specifically those worth at least $1M USD, into PAVP. Negotiations are proceeding well with these firms and details of the acquisitions will be announced shortly once they are finalized. Beral Inc.'s fee for their services consists of warrants issued by PAVP that are exercisable at $0.10 per share. Thus, PAVP's cash flow is unaffected by its contract with Beral Inc. PAVP has applied for a name and ticker symbol change and expects that it will be completed by the end of February. The new name will be CortDev Inc. in order to reflect its current business operations. A new corporate website is also under construction to replace the defunct PAVP website at www.pacsi.com . The website will reflect the new image of PAVP that is focused on building a profitable company with an emphasis on maximizing shareholder value. CEO Andrea Cortellazzi states: "We are working hard to regain the trust of long-time shareholders and to keep all investors informed of company developments. We want to ensure that they are comfortable with their investment and believe as much as we do in the long-term success of PAVP." For more information, please call 514-830-3348.
Forward-Looking Statements Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. More information about potential factors that could affect the company's business and financial results may be obtained by contacting the company at by phone at 514-830-3348. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact: ProActive Computer Services Inc. Andrea Cortellazzi, 514-830-3348 Aalabbate@sympatico.ca
SOURCE ProActive Computer Services Inc. -0- 02/17/2004 /CONTACT: Andrea Cortellazzi of ProActive Computer Services Inc., +1-514-830-3348, Aalabbate@sympatico.ca/ /Web site: http://www.pacsi.com / (PAVP)
CO: ProActive Computer Services Inc.; Beral Inc. ST: Texas IN: CPR STW FIN OTC SU: TNM
posted
Here is the news - Beral Inc. Finalizes Acquisition Strategy for ProActive Computer Services Update on Name Change and New Corporate Website HOUSTON, Feb 17, 2004 /PRNewswire-FirstCall via COMTEX/ --
Beral Inc. has developed an acquisition strategy for ProActive Computer Services Inc. (PAVP: Pink Sheets) following the announcement that it has become an active shareholder of the company. Beral Inc.'s strategy is to restructure PAVP as a merchant bank or a holding company for valuable international assets and ventures. Mr. Andrew Racz (International VP of Finance) has identified several European financial institutions and investment management companies that would like to transfer their assets, specifically those worth at least $1M USD, into PAVP. Negotiations are proceeding well with these firms and details of the acquisitions will be announced shortly once they are finalized. Beral Inc.'s fee for their services consists of warrants issued by PAVP that are exercisable at $0.10 per share. Thus, PAVP's cash flow is unaffected by its contract with Beral Inc.
PAVP has applied for a name and ticker symbol change and expects that it will be completed by the end of February. The new name will be CortDev Inc. in order to reflect its current business operations. A new corporate website is also under construction to replace the defunct PAVP website at www.pacsi.com . The website will reflect the new image of PAVP that is focused on building a profitable company with an emphasis on maximizing shareholder value. CEO Andrea Cortellazzi states: "We are working hard to regain the trust of long-time shareholders and to keep all investors informed of company developments. We want to ensure that they are comfortable with their investment and believe as much as we do in the long-term success of PAVP."
For more information, please call 514-830-3348.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. More information about potential factors that could affect the company's business and financial results may be obtained by contacting the company at by phone at 514-830-3348. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
Contact: ProActive Computer Services Inc. Andrea Cortellazzi, 514-830-3348 Aalabbate@sympatico.ca
SOURCE ProActive Computer Services Inc.
Andrea Cortellazzi of ProActive Computer Services Inc., +1-514-830-3348, Aalabbate@sympatico.ca http://www.pacsi.com
posted
GREAT NEWS... Acquisition strategy in place...spoke to Andrea and there is bigger news of contract signings by end of week. Company is on track for success IMO. Important bit of news is that Beral accepted warrants at 0.10 which means they can only buy shares at that price. Thus they see huge upside in the stock once the acquisitions are complete!
posted
Lots of buys going on right now, strong support in anticipation of the big news with the aquisitions!
Posts: 82 | Registered: Feb 2004
| IP: Logged |
posted
Wow gaining more momentum, in anticipation of the bigger news with the 3 target aquisitions.. also the company issued warrents to buy at .10 at any time, which means the company is very undervalued. There are 5 mil warrants for Mr. Andrew Racz that he can't touch for 1 year. And the stock has to be at .10 to cash them or whatever.
Andrea stated that he is going to New York to meet with Andrew Wed and Thur and there is more news due out this week. If Andrea approves the deal he has worked out then that news will be released as well. Posts: 82 | Registered: Feb 2004
| IP: Logged |
posted
im in at 0.0135 its down now. im a poor newbie who gets upset at seeing his stocks drop boo hoo hoo
Posts: 133 | From: san diego CA | Registered: Feb 2004
| IP: Logged |
posted
Anyone have any opinions on the close today...It finished up 10%...Anybody who has a position or is interested in buying I would appreciate any input as to where they feel this will be heading. After reading the PR's it sounds like it has great upside..
posted
Just my op... bought 200,000 at .011 and .012 for (hopefully) short term gain. Limited dd... charts look good, in general. PR would give me what I need! salemm.
Posts: 783 | From: Ottawa, Canada | Registered: Feb 2004
| IP: Logged |
posted
Anyboday have an opinion on where this is heading in the near future?? Rumor has it on RB that there will be a PR tomorrow about an acquisition of a finger printing company. But that is only a rumor...Any input would be appreciated
posted
Two sentences that should catch everyone's eye (from last PR) "Beral Inc.'s fee for their services consists of warrants issued by PAVP that are exercisable at $0.10 per share. Thus, PAVP's cash flow is unaffected by its contract with Beral Inc." Make your own conclusions... stock presently sits at 0.0094. salemm. Posts: 783 | From: Ottawa, Canada | Registered: Feb 2004
| IP: Logged |
quote:Originally posted by salemm: Two sentences that should catch everyone's eye (from last PR) "Beral Inc.'s fee for their services consists of warrants issued by PAVP that are exercisable at $0.10 per share. Thus, PAVP's cash flow is unaffected by its contract with Beral Inc." Make your own conclusions... stock presently sits at 0.0094. salemm.
OOO... almost forgot about that one. This generally means that they believe their PPS will be 0.10. The question is how far away is this figure?
posted
Looks good to get in at this level. I'm in at .009. I am also taking comfort that NITE is on the ask @ .022. Good be a great close or a gapper in the am
posted
PAVP is looking mighty good at .0080; that's down 0.0014 today. In my op, a buy here assures easy profit when it retraces to .0095. Good swing trade there. Any opinions on this?? salemm.
Posts: 783 | From: Ottawa, Canada | Registered: Feb 2004
| IP: Logged |
posted
FROM RB... please take it for what it's worth! salemm.
HEY Guys. I have been in contact with George over at PAVP, He had some interesting things to say I'll post the e-mails tommorow since I am waiting on one more. The first thing we discussed was the O/S and float, O/S is 250 million shares with float of 52 million. Insiders hold allot here so I do not see an RS anytime soon. They plan to list OTC in about 6 months. Also the Beral Warrant;
I misunderstood at first, Its not an excersiable option to sell at 10 cents a share, it is one to BUY AT 10 CENTS!~! to me this is huge. 1. It means they are not going to buy the stock only to lose on it. In other word they beleive what they are doing with the CO will price a far greater PPS then 10 cents a share obviously.
2. They are long term in. What they want to do here is very big in my opinion. This might be the stock play of this year..
Im very serious about this.
Creating a merchant bank here = CASH COW. We might see this year well over 1 buck a share, I think Beral is seeing this as well.
The upcoming name change will clear out any naked shorts, if any. Hard to see why MM'S would want to do that now here and risk "the herd" longs making their naked shorts "naked"
Well to sum it up, we don't have a ton of 0/S and insiders hold most of it already. I dont see an RS here anytime soon and an RS here would not be the worst thing in the world. Sure Beral gets the quick pop to 10 cents but allthe insiders hlding here it would not make much sense to me. The lower float can bring us to 10 cents rather quickly here, I just dont see an RS ATM.
To ne if all holds in course this one is no no brainer!!
posted
There is a persistent rumour that PAPV will release another PR. Nothing yet, as of 8:40am on Friday... but who knows. I'd like to see this up in the green, way up... especially after yesterday's massive bleeding of everything I own. Here's hoping to Friday news! (the worthwhile kind) salemm.
Posts: 783 | From: Ottawa, Canada | Registered: Feb 2004
| IP: Logged |
posted
I hear that...I took a beating on this yesterday myself...I bought in at 0.0145 (OUCH!!) Lost some of my QBID money I sold some to invest in other companies, but still own a good amount of shares because it sounds like this company has some promise, plus I DON'T LIKE LOSING MONEY!! So I'm holding this one for a while...You know at least one PR will be out before the end of the month regarding symbol change