News for 'PAVP' - (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: www.barrons.com) 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."
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
cortdev@sympatico.ca
SOURCE ProActive Computer Services Inc.
CONTACT: Andrea Cortellazzi of ProActive Computer Services Inc.,
+1-514-830-3348, cortdev@sympatico.ca
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Nothing's more fun than a Subs stock run!!!
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, yeh thought that was a nice base,, opps, but better the what I was going to do yesterday @ .015,, no biggie, this is being shorted pretty bad because the new ticker and cusip # is coming and the shorts have to cover, typical MM's game,, IMO,, but will see, could have been a major shake, buy on rumor sell on news! if we bounce back over a penny tomorrow we could have shaked the shorts out! Or its back to .005 know one knows at this point..
