posted
OTCPicks.com: Pre-Market Stocks to Watch for Monday, May 23rd, PAIV, HYEG, PDSC, FCYI, CWFG, EQBM
By M2 Last Update: 5/23/2006 8:03:19 AM Data provided by
May 23, 2006 (M2 PRESSWIRE via COMTEX) -- Our Stocks to Watch for today include: Paivis, Corp. (PAIV), Hydrogen Engine Center, Inc. (HYEG), Produce Safety & Security International (PDSC), Falcon Energy Inc. (FCYI), Commonwealth American Financial Group, Inc./James Monroe Capital (CWFG), Equitable Mining Corporation (EQBM)
Paivis, Corp. (PAIV) (formerly APO Health, Inc.), a Nevada corporation, through its subsidiary distributes medical, dental and health and beauty aids products to dental and medical professionals and wholesalers throughout the United States.
PAIV News:
May 20 - Paivis, Corp. (Formerly APO Health, Inc.) and Jupiter Global Holdings, Corp. Announce Final Closing of Merger Agreement
Paivis, Corp. (formerly APO Health, Inc.) ("Paivis") (OTCBB: APOA) and Jupiter Global Holdings, Corp. ("Jupiter") (JPHC) today jointly announced their closing of the Definitive Agreement and Plan of Merger (the "Merger Agreement") dated April 21, 2006, pursuant to which Paivis acquired, through a wholly-owned subsidiary, 100% of the issued and outstanding common shares of Jupiter, and Jupiter became a wholly-owned subsidiary of Paivis. As consideration in the merger transaction, Paivis has agreed to exchange shares of its common stock with Jupiter's shareholders at an exchange ratio that valued the Jupiter shares at $0.005 per common share whereby Jupiter shareholders will receive approximately 0.46232 of a share of Paivis common stock. No fractional shares will be issued in the share exchange.
A new symbol will be assigned reflecting the name change from APO Health, Inc. to Paivis, Corp. The current management of Paivis and Jupiter will not continue with the successor entity. A new team of experienced management will be brought in, and the current management of Macro Communications, Inc., the core operating subsidiary of Jupiter, will take a leading role in the management of the merged companies.
Jan Stahl, the departing Chief Executive Officer of Paivis, commented, "We are pleased to have been able to reach a closing of the transaction and we welcome the Jupiter shareholders as Paivis shareholders and feel very strongly on the new combined entities moving forward."
Ray Hawkins, the Chief Executive Officer of Jupiter, commented further, "We are glad we achieved a closing of the Merger Agreement; the future is bright for the merged company."
Details, including but not limited to the specifics of the exchange ratio, regarding the consummation of the Merger Agreement will be filed by Paivis in a Current Report on Form 8-K with the U.S. Securities and Exchange Commission as required.
ABOUT PAIVIS, CORP. (FORMERLY APO HEALTH, INC.)
Paivis, Corp. (formerly APO Health, Inc.), a Nevada corporation, through its subsidiary distributes medical, dental and health and beauty aids products to dental and medical professionals and wholesalers throughout the United States.
ABOUT JUPITER GLOBAL HOLDINGS, CORP.
Jupiter Global Holdings, Corp., a Nevada corporation, is a holding company with interests and developments in a diverse number of growing industries. Jupiter plans to achieve a leadership position through the building of a synergistic network of innovative, profitable and global businesses.
HYDROGEN ENGINE CENTER, INC. (HYEG) "Up 100% on Monday"
Hydrogen Engine Center, Inc. (HYEG) is an innovator and leader in alternative-fuel power solutions. HEC engineers, manufactures and sells flex-fuel spark-ignited internal combustion engines for the industrial and power generation markets. HEC's world-class team of professionals includes trendsetters in mechanical and electrical engineering, design and specialty applications. The company has made several advances that can increase the durability and efficiency of today's internal-combustion industrial engine while also lowering emission outputs. HEC is located at 602 East Fair Street, Algona, IA 50511. Visit www.hydrogenenginecenter.com or call 515-295-3178 for more information.
IP: Logged |
posted
My other question - did anyone sell PAIV shares through Ameritrade that you owned prior to the merger... and are you going to have to buyback????? You're going to get azz raped.
DK - it looks like the MM's are going to azz rape those who are short.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM!
IP: Logged |
posted
Just call and ask. I don't see why you couldn't, but they may be in so deep with this that they don't want anyone else to be able to buy since they're probabyl trying to buy all they can themselves.
I don't know what to thikn anymore.
quote:Originally posted by Repoman75: I have Ameritrade and have no PAIV shares right now... can I buy and sell PAIV?
posted
I have my shares through Fidelity and have them on sell now for a dollar a share. lol. know that won't happen but they are up and mine to change the price on. Everything fine and dandy here. I hope everyone is!!!
woohoo!! glad I picked up a 100k more this morn.
-------------------- I buy fast and sell faster!
IP: Logged |
quote:Originally posted by Repoman75: My other question - did anyone sell PAIV shares through Ameritrade that you owned prior to the merger... and are you going to have to buyback????? You're going to get azz raped.
DK - it looks like the MM's are going to azz rape those who are short.
This is by far the biggest azz raping I've seen...glad I'm not the one getting azz raped for a change....WOW!!
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
![[Cool]](cool.gif)
Vagabond![[Smile]](smile.gif)
