posted
And as far as DD, I was on the phone to ameritrade and scottrade this afternoon and no one would give me a definitive answer on what the SEC requires on a time limit for ameritrade to make good on thier mistake. they did call and say they were wrong but are they going to go public ? nooooo! isn't the SEC federal? if so they work for us the tax payers - I'm going to call tomorrow, all of us should - this is wrong and we not only as share holders, but the ones that give them thier paycheck, have the right to question what is going on - call - put pressure on the situation - it can only help you as a stock holder - we should not be kept in the dark .
IP: Logged |
quote:Originally posted by db: repo no way --you can't be great when you want to watch people lose money or even hope people lose money - if people think I'm wrong go to raging bull BB and look - this is a person that has not been in this stock for weeks but yet still posts several times a day stating that this is a POS - what is this person doing for a living? (posts during day) - I'm here in this stock with restricted shares and non restricted shares I have money on the line- I make my decision - I will ask you again "why are you posting on this thread?" nobody likes your self indulgence
(snickers) Damn repo... and here I thought I was the only one who didn't like/trust you...
-------------------- "Remember... no matter where you go, there you are." - Mad Max Beyond Thunderdome
IP: Logged |
posted
Ive had JPHC for long time now and knew from way back that these shares would be restricted for 1 to 2 yrs, I think every JPHC shareholder knew that. So those who stayed, stayed not to take loss or enjoy the quick % gain from where they bought at. My scottrade hasnt changed shares yet, but Im almost positive my account in JPHC shares has gone up 300%. Thats the only reason I held on to them. I could be totally wrong in math, but Im pretty sure each share I had in JPHC at merger time became worth .0025. At least I hope!!
IP: Logged |
That you want the SEC to force Ameritrade to buy back all the May 16, 2006 Illegal Restricted Paivis shares that Ameritrade fraudulently flooded the open market with. Tell the SEC you want them to force Ameritrade to buy back all the Illegal Restricted Shares in one day just as they Ameritrade flooded the open market with these Illegal Restricted Paivis Shares on May 16, 2006. It is very important to request this, if you do not Ameritrade will have at their own discression the time frame to buy those Illegal Restricted Paivis Shares.
Also request from the SEC for Ameritrade to make known the amount of Illegal Restricted Shrares they Ameritrade flooded the open market with on May 16, 2006. We as Legal Paivis shareholders have a right to this information.
Do not let Ameritrade get away with this FRAUD. http://www.sec.gov/complaint/selectconduct.shtml Select this link to file your complaint. Fraudulent or unregistered offer or sale of securities ******************************************************** By: dallas66tx 25 May 2006, 05:21 PM EDT Msg. 54779 of 54798 (Msg. is a reply to 54777 by simont68.) simon:
You and everyone else that uses Ameritrade really need to go to this website and file a complaint. I know a lot of people sold that knew shares were restricted, but Ameritrade KNOWINGLY credited accounts with "phantom" shares, and KNOWINGLY told shareholders the securities were free trade shares, when they in fact knew they were passing false information. Ameritrade should be held accountable for knowingly violating securities laws.
I am trying to find out how many legal Paivis shares are held by our group and others. If you intend on holding for a higher price would you tell me your share amount so we can see what is left of the float. I will post my findings when I get a tally.
IP: Logged |
posted
If Im not mistaken, the 20 day avg was said to be just over .01. The split was 4 for 1. Making each share of JPHC worth .0025. am I wrong on this? The only bad point for staying into merger was the restriction. At least thats what I remember the discussions being way back.
IP: Logged |
posted
By my math my 1.5 million JPHC shares would be worth $3814 right now. Not bad considering I only spent $600. Oh well, I'll have to wait and see.
IP: Logged |
posted
Chad thats the way I'm looking at it - the higher PAIV shares are, the better we are as stock holders- the people who held on through the merger are better off than selling at .0002
IP: Logged |
posted
I would never have sold, unless I couldve came close to breaing even. I bought at .0006, almost bought more at .0003, but then Id have no money to play with anymore, since I knew of restriction.
But I figured risk was worth reward, cause JPHC holders automatically made big gain after merger. and like u said DB, as long as PAIV maintains its price or goes up, so does our profit.
posted
From my coversation with the Paivis represenative; the number of JPHC shares that were reversed was 10 Billion. The current AS is 55 milion and the float is 30 million. With people holding large amounts of PAIV stock.... should TDAmeitrade be forced to cover I see this NEVER being covered. Paivis rep estimated that TDA was short somewhere in between 300-500 million shares minimum.
IP: Logged |
posted
scafraser....im not real sure to be honest with ya. I wish I never sold half of my shares at .0004 to jump into another stock though, but oh well...we learn.
How did u come up with that figure by the way?
I divided my shares by 4, to get new total for shares. then Im not sure, do I times them by the current price??
IP: Logged |
posted
16,300,00x.46232=7,535,816 shares of PAIV 7,535,816x.0055= $41,446.98
I've read numerous times this is how the conversion will be done. My broker also agreed this is how it will probably be done based on the PR's.
IP: Logged |
posted
wow, that twice what i thought. I thought conversion price was gng to be 20 day avg prior to merger, which was just over .01. and then we get 1 PAIV share for every 4 JPHC. Thus making a JPHC share worth .0025 at that time.
was I wrong?
Also, are our new shares now worth the current PAIV price?? its all consfusing.
IP: Logged |
posted
Yes the new shares will be worth the PAIV price. That's the .0055, I think that's what it closed at today. If you multiply your JPHC shares x that .0025 you should get roughly the same number as I got with the conversion rate. It seems like a nice deal to me. Hopefully the PAIV pps will hold up during the restriction.
IP: Logged |
posted
hope so scfraser, I also like your price of what Im at. lol That would be big break, considering I lost like 20000 on SFDE bs! well, havent sold, but no way in hell the new stock will ever go up 800% for me to break even. You live, you learn..and Ive learned! lol
IP: Logged |
posted
IMO repo is just one of those "told ya this would happen" guy who has no clue what he is talking about. hehe.. repo heard your frpt has been down big these days and you still havent reached $5.00 as per your prediction anyways, back off man.. these guys are losing money and what happiness does that give you as to self assert yourself? and btw FYI repo, i still hold FRPT and am up over 100% .. GLTA and hope this resolves itself good. i might just throw in my $100 tomorrow and see if it goes 1000%
IP: Logged |
posted
thank you Same for the info on SEC - everyone should place a complaint - hit dog hollers - everyone knew these were restricted shares - I know people who sold because they knew that they wouldn't be accoutable - what a scam - they sold lower now they have more money cause they sold at a lower price, now it's a higher price ! couldn't lose-- ameritrade is acting like it never happend - no way!
IP: Logged |
posted
ur right about price Scfraser, just went back and looked at old threads.... apparently I will have just over 7.5 mil of PAIV now. Thats great news! Now I just hope PAIV goes up or stays same for 2 yrs. I probably will never chase stock, buy into a merger stock, or buy with unsettled funds in hopes of "sure thing" again. Back to gtn stocks that fluctuate and get at the low point and then be patient and wait for it to go up.
Shoulda done with UNCN at .001 and RMDG when I had end of April at .0008. Could make 500% between them in a month. Being impatient cost my thousands in gains and even more in losses.
Paitence and DD, the best advice I can give to anyone, including me. lol
IP: Logged |
posted
Chad, you're missing one very important thing with all of your calculations, and I'm not bashing, I have 10mil shares of JPHC.
Your conversion was wrong in the first place. It was not 1/4, it was .4623208, which is actually better for us, but that's not the issue. So now I have 4.6million shares of PAIV. The price is now .0055, so on paper my shares are now worth $25,427. The issue that you are forgetting is that the day that the restriction is lifted, you will see the same mass sell-off that we all witnessed on Friday. The price as of close Thursday of PAIV was .01 (or thereabouts) because of the mass sell off, the price gapped down, and I'm pretty sure that you couldn't have sold for any more than .0018 at any point last Friday. So at BEST, you lost 82% of your "paper value" from the previous day. When you take a company that has 56million shares outstanding and suddenly there are hundred of millions more, the supply/demand gets all out of wack.
The one thing that may be beneficial to us as restricted PAIV stock holders is that the company has a year to get to the point where the share price is significantly higher than a penny, so that even with the inevitable sell-off, we still make some money.
What you have to realize is that anyone that has these restricted shares will make money as long as they can sell their PAIV shares for more than (JPHC purchase price)/.4623208. So anyone that bought for, say .0005 will probably sell that day if they can get more than about .001, or a tenth of a penny. So even if the price of PAIV is like $1 a year from now, you would see a VERY small fraction of that when you could actually sell.
I had initially bought JPHC with the thinking that the stock would have to go down by almost 85% in order to not make money, and I didn't think that that would happen. But Friday's events showed me otherwise.
I'm obviously holding at this point (because I have no choice), but we should all realize now that the chances that we made a quick 5-10x profit are pretty slim.
Hopefully I'm wrong, and we won't know for another 12 months, but I'm thinking we basically all got into a situation where our money will be tied up for a year and we're not gonna get much of a return out of it.
quote:Originally posted by Chad: same, I had 16.3 Million shares of JPHC. good luck on getn the figures.
Hey, Chad. Just a bit of friendly advice... when peeps come looking for a share count, that's the time to palm your cards. Especially when a group player comes around. Nothing is ever as it appears.
same, the blame won't be determined by posters on a bb, and the SEC has plenty of complaints to follow up. The SEC is the appropriate place to register individual (not prompted) complaints, even about these 'group players'.
posted
Correction May 19, 2006 Paivis SEC Complaint put
I originally stated May 16, it is May 19, 2006
That you want the SEC to force Ameritrade to buy back all the May 16, 2006 Illegal Restricted Paivis shares that Ameritrade fraudulently flooded the open market with. Tell the SEC you want them to force Ameritrade to buy back all the Illegal Restricted Shares in one day just as they Ameritrade flooded the open market with these Illegal Restricted Paivis Shares on May 19, 2006. It is very important to request this, if you do not Ameritrade will have at their own discression the time frame to buy those Illegal Restricted Paivis Shares.
Also request from the SEC for Ameritrade to make known the amount of Illegal Restricted Shrares they Ameritrade flooded the open market with on May 19, 2006. We as Legal Paivis shareholders have a right to this information.
Do not let Ameritrade get away with this FRAUD. http://www.sec.gov/complaint/selectconduct.shtml Select this link to file your complaint. Fraudulent or unregistered offer or sale of securities ******************************************************** By: dallas66tx 25 May 2006, 05:21 PM EDT Msg. 54779 of 54798 (Msg. is a reply to 54777 by simont68.) simon:
You and everyone else that uses Ameritrade really need to go to this website and file a complaint. I know a lot of people sold that knew shares were restricted, but Ameritrade KNOWINGLY credited accounts with "phantom" shares, and KNOWINGLY told shareholders the securities were free trade shares, when they in fact knew they were passing false information. Ameritrade should be held accountable for knowingly violating securities laws.
posted
TD-Ameritrade and other brokerages are NOT at fault, because it was filed THE WRONG WAY BY JPHC/PAIV: JPHC filed on 5/18(not restricted) then on 5/24(restricted) when THEY CHANGED(Revised) IT LATER!
I got this info. from otcbb.com:
quote: Daily List Search OTHER-OTC / PORTAL SYSTEM CHANGES
SECURITY DELETIONS
05/18/2006 JPHC Jupiter Global Holdings Corp. Common Stock 05/19/2006 Merger with APO Health Inc (0.46232085067036500/sh PAIV for each JPHC share held) **
05/24/2006 JPHC Jupiter Global Holdings Corp. Common Stock 05/19/2006 Revision to the D/L of 5/18/2006; Merger with APO Health Inc (0.46232085067036500/sh RESTRICTED Paivis Inc [symbol PAIV] for each JPHC share held) **
posted
I wrote my congressman once, and actually got a reply -I was told that for everyone who wrote him he said," there was 10,000 other people that felt the way I do but, never write" it was an engaging conversation, maybe the SEC is the same way. Call, give them a chance.
IP: Logged |
posted
Sky - called several times and they called me back - if you read my previous posts I was told yesterday that there was no resolution to this - today I was called and told it was thier fault and my account was in order-but,,,, nothing in writing, has anybody seen a PR or an email stating ameritrade was at fault?
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
![[Razz]](tongue.gif)
anyways, back off man.. these guys are losing money and what happiness does that give you as to self assert yourself? and btw FYI repo, i still hold FRPT and am up over 100% 
![[Eek!]](eek.gif)
