What makes you so sure about PAVP this afternoon? Do you know this CEO to be reputable. MANY of them lie to shareholders. I've spoken to 2 in the past - both liars. One actually said "No RS EVER" and a month later - BOOM!
Also - if the PR comes out - how high do you think it may go?
posted
LOVE, this CEO has actually been pretty proactive (no pun intended). PRs came out as scheduled, etc etc etc. Last time we had a scheduled PR, we got it, and WITHIN that PR, he specifically listed March 9th as the date for the next PR.
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This is from the last PR and demonstrated a lot to me about the CEO's respect for the shareholders.
" In an effort to keep all investors in PAVP updated and well-informed with respect to current and future company developments, CEO Andrea Cortellazzi requests that all interested shareholders e-mail their full name and address (residence and e-mail) to cortdev@sympatico.ca. They will be sent a pamphlet on the CortDev Inc. project, which will include architectural images of the airport property under redevelopment and further details on the timeline. In addition, timely updates on the company's progress with respect to the CortDev Inc. project and fingerprint technology business will be e-mailed to the shareholder list."
I have never seen another penny stock company do something like this before.
quote:Originally posted by Special J: This is from the last PR and demonstrated a lot to me about the CEO's respect for the shareholders.
" In an effort to keep all investors in PAVP updated and well-informed with respect to current and future company developments, CEO Andrea Cortellazzi requests that all interested shareholders e-mail their full name and address (residence and e-mail) to cortdev@sympatico.ca. They will be sent a pamphlet on the CortDev Inc. project, which will include architectural images of the airport property under redevelopment and further details on the timeline. In addition, timely updates on the company's progress with respect to the CortDev Inc. project and fingerprint technology business will be e-mailed to the shareholder list."
I have never seen another penny stock company do something like this before.
agreed! BTW, did you email them with your info, and I await the info to come in the mail. Of course, its only been about 2 business days, but I cant wait!
posted
Many do keep subscribers updated, PRVH and GZFX for examples.
dz
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quote:Originally posted by Special J: This is from the last PR and demonstrated a lot to me about the CEO's respect for the shareholders.
" In an effort to keep all investors in PAVP updated and well-informed with respect to current and future company developments, CEO Andrea Cortellazzi requests that all interested shareholders e-mail their full name and address (residence and e-mail) to cortdev@sympatico.ca. They will be sent a pamphlet on the CortDev Inc. project, which will include architectural images of the airport property under redevelopment and further details on the timeline. In addition, timely updates on the company's progress with respect to the CortDev Inc. project and fingerprint technology business will be e-mailed to the shareholder list."
I have never seen another penny stock company do something like this before.
posted
This MM walk down is hilarious. They are attempting to get this thing down as hard as they can but we're not budging. Absolutely great to watch these MM's scramble to cover their a$$e$ before all of the shares have to be accounted for. Good Luck to Everyone
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I think we are headed up again. News could be just around the corner as the last time we saw a shake like that the news came shortly. Best of Luck
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Keeps hitting .014 and bouncing back. The MM's can try but not many people budging. Whoever sold at .0145 is a moron IMO. Unless we get news saying that the company was blown up. Not likely.
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I keep seeing these 500,000 blocks being passed around. I think the MM's are passing them back and forth to look like sales. I have no idea if this is true, but someone holding 500K today when news is expected at any time would surely not dump at this point in time.
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quote:Originally posted by 2ndrow: I keep seeing these 500,000 blocks being passed around. I think the MM's are passing them back and forth to look like sales. I have no idea if this is true, but someone holding 500K today when news is expected at any time would surely not dump at this point in time.
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Here comes the head fake before the news. Should be coming out shortly in my opinion. Looks almost identical to the pattern we saw on Thursday before the news. Good Luck to All
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it seems like a stupid thing to do! Everyone who is in has endured two other huge shakes, or they bought stock in anticipation of the PR. We shouldnt see too much selling, I HOPE!
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Press Release Source: ProActive Computer Services Inc.
ProActive Computer Finalizes Acquisition of Fingerprint Technology Company Tuesday March 9, 2:22 pm ET
HOUSTON, March 9 /PRNewswire-FirstCall/ -- ProActive Computer Services Inc. (OTC Pink Sheets: PAVP - News) has finalized the acquisition of a privately-held fingerprint technology company, Digitalus Technology Inc. (DTI). Under the terms of the agreement, PAVP acquired DTI in exchange for cash. About DTI
DTI is a provider of innovative and effective biometric solutions and products for commercial use. A corporate website is currently under construction at the following address, www.digitalustech.com. DTI specializes in advanced fingerprint technology and its applications in the public sector. The company is currently developing fingerprint-based biometric devices targeted to the airport and airline industries. These products would enable airports and aviation-related centres in the US to comply with the several pieces of legislation related to homeland security. In addition, these products will also capitalize on the initiative by President George Bush to protect the US-Mexico border by positively identifying and screening any travelers at the entry ports. DTI is also working on products/solutions to enhance PC/Network security in the government and corporate sectors. The company expects that these airport-security and PC/Network devices will be ready for commercialization by the fourth quarter of 2004. DTI will be hiring several vendors throughout the US to market the devices. DTI's goal is to achieve profitability by the end of 2005 with at least $15M in annual revenue.
Spin-Off Details
PAVP will perform a reverse-merger of Digitalus Technology Inc. into a public shell, which should be completed in two weeks. The name and trading symbol of the public shell will be released in a matter of days, once it receives legal clearance. Shares of the public shell will then be distributed to PAVP shareholders of record as of the close of business on April 9, 2004. PAVP shareholders will receive .01 shares of the public shell's common stock for each share of PAVP common stock owned.
Status of Name Change
A new CUSIP number has been assigned and the company is awaiting the new trading symbol, which should be available very soon. A press release will announce the new name and trading symbol once it is in effect.
Finally, CEO Andrea Cortellazzi would like to sincerely thank all the shareholders who e-mailed their contact information for the CortDev pamphlet and e-mail updates. PAVP is very committed to maintaining strong investor relations and maximizing shareholder value.
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
posted
1. The date for the spinout is too long 2. They are giving .01, not very much 3. I just think people expected more from the PR. 4. I went out yesterday for wgfl 5. Look for new buyup on this later in the week
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