posted
yeah thats the one but the bold print on the back sttod out to me again ,about specifically asking them to surrender jphc shares ,,, so i called and did that again ,,, demanded they surrener my jphc shares he said he could not give an exact date but he said adp said 2 weeks , which we have all heard before , but i did find out that DTC declined to participate in this sharade
-------------------- PREPARE TO BE BOARDED Posts: 742 | From: SOUTH CARRIBEAN | Registered: Mar 2006
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posted
brackep, and other interested parties. I just sent the following e-mail and got the reply that follows:
"Hello,
I am having a bit of a hard time figuring out exactly what is meant by "short interest". Can you let me know which of the following is the correct interpretation, or if neither is correct, an explanation of the actual meaning?
Say Company ABCD reports 10million shares short for July 2006 and then 11million for August 2006.
Interpretation 1: As of July 15th there were 10million uncovered short shares and as of August 15th there were 11million uncovered short shares, so essentially 1 million new short shares occurred from July 15th to August 15th.
Interpretation 2: There were 10 million shares shorted in July and 11 million shorted in August, so the total number of shorted shares of company ABCD is 21 million plus some unknown number that were shorted before July 2006.
Thank you in advance for any clarification that you can provide."
Reply:
"Hello xxxxx, Interpretation 1 is correct. The Rules require firms to report their outstanding short positions as of close of business on each given settlement date. The short interest that is reported by member firms and subsequently disseminated by NASD (after aggregation) is essentially a "snapshot" of the short interest of a security for that point of the month (settlement date).
So the next month a firm will report their total outstanding position as of the next settlement date, which should be inclusive of any increase or decrease to the prior position.
Hope this helps, please let me know if you have any further questions.
Regards,"
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
I have contacted ADP by email and courtesy copied the SEC on every email. I have not heard back from them as of yet. Im sure they had to send my emails to their legal department. enforcement*sec.gov I also filed a written complaint....I dontk know how good it will do but no one likes a watchdog on their back.
-------------------- Why not make some money, Everyone else is!!! Posts: 60 | From: North Carolina | Registered: Jan 2006
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posted
If this drops below .07 it could be a freefall. I'm out of my freetrading shares, but with restricteds, I'm still hoping to see this do well, but I don't have a good feeling.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
well i am holdin ,i spent the majority of the day on the phone today , and never got the same answer twice , they are all hiding somthing ,(massive short) IMO if they had already covered , somebody would have been able to give a firm date as to when i would recieve my restricteds , also filed SEC complaint, if everybody does this we will create the buzz needed to run this this
-------------------- PREPARE TO BE BOARDED Posts: 742 | From: SOUTH CARRIBEAN | Registered: Mar 2006
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posted
Sorry guys, I truly hope it goes back up for you. I may even hop back in if momentum comes back, but tomorrow could get ugly. I bet a lot of people will have an itchy trigger finger.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
wow ! what a shake - all those shorted shares and the MM's can drive the pps down like that,
amazing
I really wish somebody knew EXACTLY what the time frame is for the short position to be covered
Posts: 230 | From: florida | Registered: Feb 2006
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posted
We are all clueless right now about the time frame , but I'm gonna hold my shares even though it makes look like a fool for tyring to hold a hard falling knife
-------------------- Da Fareak Posts: 438 | From: San Francisco | Registered: Apr 2006
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posted
well I sold 200,000 and my broker uses NITE when I sell. I sold off at .092 and the fall began when I dumped. What really concerns me here is the fact that there are a small group of people who bought Paiv when it was under .001, I thought these people would have sold their shares off by now however I was told on IHUB that is not the case, there are several people whom hold a very large position back when this stock was in the sub penny area. It makes me uneasy when I have my hard earned money in a stock that someone loaded up on at 1/100th of the price I am currently paying.
I dumped 200K and you see what it did to the price, imagine if just one person decides to dump 3 million.. its over and out. Basically if you look at the charts you will see PAIV was front loaded like no other stock I have seen, 1.5 billion shares traded in 48 hours.
Posts: 165 | From: pennyland | Registered: May 2006
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1) approximately 1.5 billion shares traded on Friday May 19th and Monday May 22.
2) Ameritrade halted trading in PAIV first thing Tuesday May 23rd. No one could have sold their shares any day after Monday the 22nd.
3) 2.5 billion shares have been traded since May 23rd
4) As of July 11th, there were 239 million shares shorted in PAIV, which was confirmed in an e-mail to the NASDAQ person in chanrge of the OTCBB short reporting list. The are not billions of short shares.
5) 524 million shares have traded since July 11th.
Do with this information what you'd like, I think you're all probably aware of my opinion by now. I think all short shares have been covered and we were just trading amongst ourselves for the last few days.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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- Dallas, I just got off the phone with Mr. Donnelly and was very impressed. I suggest anyone who has doubts about TDA and the rest of the brokers covering need to contact him directly. I got lucky and caught him off the phone. Apparently he has received hundreds of calls from paivis/jphc shareholders. Anyway, he told me exactly what Dallas stated about TDA refusing critical information. When I relayed to him that many of us had filed complaints with the SEC, he stated that he knew that because the SEC had already contact him to get information about the situation. He even went on to say a SEC rep contacted him today again. I asked him point blank if he was confident that TDA and other brokers would be required to cover and he state that yes, they would have to cover and that Paivis was doing what they legally could to address the situation also. So, even after today's drop, I'm much more confident about this investment. GLTA -
Posts: 801 | Registered: Nov 2005
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- Just called TA, confirmed that none of the Brokers have covered, or contacted him in regards of giving them the Jupiter share holders info. -
Posts: 801 | Registered: Nov 2005
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Scottrade sent documents to the T/A. This is what is missing, One Scottrade has not sent in their RECORD POSISTION on JPHC as requested by the T/A. May 11 and May 23 are the dates needed and were requested by the T/A. Two Scottrade did not provide the JPHC to Paiv CONVERSION Calulations as requested.
Without these the T/A can not issue us our PAIV Restricted Shares. Use this post Copy and Paste it in an e-mail to Scottrade requesting they cooperate with the T/A Jack Donnelly and send the T/A the above information. This has been two months now.
Posts: 88 | From: USA | Registered: Apr 2006
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quote:Originally posted by pennyaddict71: well I sold 200,000 and my broker uses NITE when I sell. I sold off at .092 and the fall began when I dumped. What really concerns me here is the fact that there are a small group of people who bought Paiv when it was under .001, I thought these people would have sold their shares off by now however I was told on IHUB that is not the case, there are several people whom hold a very large position back when this stock was in the sub penny area. It makes me uneasy when I have my hard earned money in a stock that someone loaded up on at 1/100th of the price I am currently paying.
I dumped 200K and you see what it did to the price, imagine if just one person decides to dump 3 million.. its over and out. Basically if you look at the charts you will see PAIV was front loaded like no other stock I have seen, 1.5 billion shares traded in 48 hours.
Im sure a lot of those people who haven't sold yet are people with restricted stock (from JPHC). If it makes you feel better, those people won't be able to sell their shares for another year or so, until then you're fine. I'm not following PAIV that much anymore so I don't know which direction it will take in the coming trading sessions
Posts: 1091 | From: Brugge, Belgium / Dallas TX USA | Registered: May 2006
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I've been following this company/situation for five months. Here are the facts. *macro communications is profitable. our numbers will be coming out any day now. expect solid numbers. *our new leadership is proven and is taking steps to make the company run *there are at least 239 million shorted shares on this stock. there are probably more if you consider the "phantom share" debacle that occurred on May 19th. *the stock ran from .005 to .275 in a few weeks. this was not a one day "pump and dump" run. this was a steady, high volume, consistent run. *the volume has been very low on the recent decline. the mm's are giving this stock a shake that "would make your teeth rattle". think about it......any shares that they can get at these levels are crucial considering that the price is way undervalued at the current level. *the company had a website up for one day. the website was well designed and informative. now if you go to www.paivis.com is says, "coming soon". they pulled the website after one day so the shorts could have more time to cover. *also, the company has not issued an operational press release since the merger in May. Why? because the company is being flexible with the crooks that need to cover the shorted shares. that's right. the same guys that drove jphc into the ground are now being given some leeway to cover with paivis. *once the numbers come out, the website gets reposted, and the manipulation stops with the execution of trades, you will see this stock settle in the 1.00 to 1.50 range. if you have been looking for the investement of a lifetime, here it is. *why do all of the message boards seem to be pressuring people to sell paivis? is it because there are people on the boards that are concerned about me losing money? of course not! with this much pressure to sell I know that i have my hands on a big hitter. *so, in summary, thank you serfdom for all of your posts. you and i have very similar outlooks on this stock. i am going to keep my "kung fu grip" on my 610000 shares. my hope is to sell them for about 1.30 sometime in the next four weeks.
i think that pretty much sums it up. happy investing. kid -
Posts: 801 | Registered: Nov 2005
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posted
Scottrade July 27 Update With T/A Info needed
Scottrade sent documents to the T/A.
This is what is missing, One Scottrade has not sent in their RECORD POSISTION on JPHC as requested by the T/A. May 11 and May 23 are the dates needed and were requested by the T/A.
Two Scottrade did not provide the JPHC to Paiv CONVERSION Calulations as requested.
Without these the T/A can not issue us our PAIV Restricted Shares.
Use this post Copy and Paste it in an e-mail to Scottrade requesting they cooperate with the T/A Jack Donnelly and send the T/A the above information.
This has been two months now. Here are Links and phone numbers do a SEC and NASD Complaint, Call the Compliance Dept Scottrade, Call and verify with the T/A.
Scottrade Compliance Dept Phone # 1-800-888-1980 EXT 1900. ******************************************************** These are my older posts on the same subject Scottrade.
E-Mail and call your Brokers Compliance Dept NOW
Repost On Scottrade the LISTS, Important
Also other Brokerages are not cooperating with the T/A. E-Mail and call your Brokers Compliance Dept NOW. They are stalling.
I just found this out July 24, 2006 at 12.20 pm est from T/A.
The Lists Were sent out to T/A as stated by Scottrade but they Scottrade did not include one item. Scottrade did not provide the T/A their Stock Record Posistion on JPHC as of the record date. The T/A needs this to verify the totals, without this he can not send out the Certificates to us. The T/A is going to sent out another Fax asking for this material.
IMO Scottrade knew very well what they were doing and did not include their Stock Record Posistion on JPHC as of the record date needed by the T/A. Call and e-mail Scottrade Compliance dept Phone Numbers are below in my previous posts about Scottrade. *********************************************************** By: same53 20 Jul 2006, 10:58 AM EDT Msg. 9794 of 11070 (Msg. is a reply to 9182 by same53.) Repost Very Important about Brokers and Paiv Shares
I talked three hours today to the Paiv Transfer Agent at Phone #1- 303-783-9055 and to Scottrade Compliance Dept Phone # 1-800-888-1980 EXT 1900. This is what I found out.
I would first suggest that you find out the phone number of your broker’s Compliance Dept as I did and call them to request your Paiv Restricted Shares be sent to you in your name to your home address.
You must do this otherwise the Brokerages will not do anything to help you. They are out to help themselves... The Transfer Agent and the Company Paiv have done everything they can do, it’s the Brokerages that are not cooperating because they shorted JPHC and Paiv., they got greedy and are now caught in that greed, it is up to the Shereholders of JPHC to start complaining to their Brokerage Compliance Dept. that serves him or her. You as a client signed an agreement with your Brokerage Firm and have every right to do this. The Brokerages have been telling everyone different stories to buy time because they are making huge money from shorting JPHC and PAIV.
This is what I found out today July 14, 2006 about Scottrade who is my broker about my JPHC Shares. Now remember other Brokerages are doing the same thing .This is in three Parts A, B and C.
Part A
All of our JPHC Shares were held in CEDE&CO. All of out JPHC Shares were sent to the PAIV Transfer Agent by CEDE&CO.
The Transfer Agent has all the names and share totals for all JPHC shareholders that were sent to them by CEDE&CO.
This was done two months ago. The Transfer Agent faxed all Brokerages two months ago with detailed instructions for the Brokerages to follow.so that the JPHC shares could be converted to PAIV restricted Shares and sent to the owners of those Paiv Restricted Shares at their home address.
The Transfer Agent asked for the Name, Address, Social Securtity number and the amount of JPHC Shares held in the clients account.
Now how hard is this to do, it is all done electronically.
The Transfer Agent right now has all the PAIV Restricted Shares ready to be mailed out to us at our home addresses.
So why would the Brokerages not do what the Transfer Asked them to do. This is why.
Part B
I found this out while talking to the Transfer Agent, The Transfer Agent added up all the JPHC Shares that CEDE&CO sent them.
There was a HUGE Discrepency in the total JPHC share count that CEDE&CO sent to the Transfer Agent compared to what the Brokerage Participents Share Count.stated.
Why? Because a large number of brokers loaned out JPHC Shares to other participants to cover short sales which caused the huge share price drop in Paiv which caused the huge share number difference in what CEDE&CO sent the Transfer Agent compared to the Brokerage Participants JPHC totals.
For Scottrade my Broker they loaned JPHC Shares to Merill Lynch.
Other Brokerages did the same thing with many different brokerage Firms.
For Scottrade to correct this situation they have to demand the return of all the JPHC Shares from Merill Lynch or Scottrade has to buy in Merill Lynch based on the original transaction with merill Lynch.
This is what Scottrade is trying to get out of and why they along with other brokerage firms are not cooperating with the Transfer Agentfor PAIV.
The Brokerages also want to keep your PAIV Restricted Shares in their own Vault. Why? So when the restriction is lifted they can short the shares and start this process all over again.
They can not do this if you have the Shares in your name held by you. Here is the PAIV Press release for June29, 2006 stating the procedure for the Brokers to follow. I called my Broker Scottrade on June 30, 2006 and was told everything would be taken care of by Scottade and they knew of the Press release issued by Paiv. I called again on July 13, 2006 and was told that my JPHC shares were sent to the T/A and that within 5 days i should have my Paiv shares. I called again on july 14, 2006 and was told by numerous parties that Compliance was aware of the situation and working on it. I asked for the Compliance Dept number and received another story. I then called the Transfer Agent along with Loyola. The Transfer Agent talked to Scottrade and gave them specific Instrutions for the second time. These conversations took 3 hours. Press Release June 29, 2006 Paiv. http://biz.yahoo.com/iw/060629/0140620.html
PartC
This is what I was advised to do after tallking to the Transfer Agent of Paiv phone # 1-303-783-9055 and the Investor Relation firm Loyola used for Paiv phone # 1-702-317-2300.
I also found out there will be a fee of $25.00 per Cert. If you have two accounts it is $50.00.
By all means call numbers I listed above and ask your own Questions. Use my post for a reference and remember the Broker is out for themselves and making money, expect to be told stories by all the Brokerage firms involved in this fiascal and remember demand your Paiv Restricted Shares sent to your address in your name.
So with this information I found out today and on the advice I was given I called Scottrade Compliance Dept and left a message that I as a Scottrade Clinent and shareholder of JPHC shares will file an SEC Compaint against Scottrade for their refusal in cooperating with the above parties mentioned in giving me my Paiv Restricted Shares that I am entitled to mailed to my home address in my name.. I stated that if I did not have my Restricted Paiv shares within 10 days from today July 14, 2006 I would begin my SEC Complaint. against Scottrade, I will also file a Complaint with
Expect a song and dance from your Brokers saying that Latimere and DTC are involved. Do not fall for this and verify what I am posting here with the Paiv Transfer Agent..
Also I found out that the only way to stop Firms from Shorting Stock is for you the client to ask and sign an agreement with your Broker that they are not to loan your shares out. They will not tell you about this agreement you have to ask them for it. If they do loan your shares out you can sue them. Putting a Sell order above the price of a stock does not tie your shares up as some think it stops the firms from shorting.
I hope this helps and call your Compliance Dept right away.
Posts: 88 | From: USA | Registered: Apr 2006
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posted
when it comes to shorting a stock, nss and what is really going on is way, way, more complicated than what some people may think.
please go to the site listed below and watch the video it takes about an hour but it's good chit and will make you think about PAIV's situation
[URL=www.businessjive.com/nss/darkside.html]
I'm still holding but I already made alot of money on this and riding free and restricted shares.
Posts: 230 | From: florida | Registered: Feb 2006
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posted
You are cleared for LIFT OFF, so just do it!
-------------------- "Remember... no matter where you go, there you are." - Mad Max Beyond Thunderdome Posts: 261 | From: BFE | Registered: Jan 2005
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GO PAIV GO GO PAIV GO RA RA REEE KICK UM IN THE KNEE RA RA RASS.... KICK UM IN THE OTHER KNEE
-------------------- "Remember... no matter where you go, there you are." - Mad Max Beyond Thunderdome Posts: 261 | From: BFE | Registered: Jan 2005
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posted
brackep, here is your post and my replies in Italics:
I've been following this company/situation for five months.
As have I.
Here are the facts. *macro communications is profitable. our numbers will be coming out any day now. expect solid numbers.
I don't disagree, but don't have enough info to say that I expect solid numbers.
*our new leadership is proven and is taking steps to make the company run
Not sure how anyone can call that a fact, seems like an opinion if there ever was one. That being said, I don't necesarily disagree with that either.
*there are at least 239 million shorted shares on this stock. there are probably more if you consider the "phantom share" debacle that occurred on May 19th.
This is flat out, 100% wrong. As of close of business on July 11th, there were 239 million shares short, we have no idea how many are short now, but you can be pretty sure it's not anywhere near that number, and certainly not "probably more".
*the stock ran from .005 to .275 in a few weeks. this was not a one day "pump and dump" run. this was a steady, high volume, consistent run.
This is definitely true, except it went to .285 if I recall correctly. However, no one (as far as I know) has ever claimed this was a pump and dump.
*the volume has been very low on the recent decline. the mm's are giving this stock a shake that "would make your teeth rattle". think about it......any shares that they can get at these levels are crucial considering that the price is way undervalued at the current level.
There's another very possible reason for the volume to be what it is, and that's because the MMs have covered and have lost interest, and so only retail investors are buying/selling now.
*the company had a website up for one day. the website was well designed and informative. now if you go to www.paivis.com is says, "coming soon". they pulled the website after one day so the shorts could have more time to cover.
I never heard about the one day website, so I can't comment on that, but "so the shorts could have more time to cover" is conjecture at best.
*also, the company has not issued an operational press release since the merger in May. Why? because the company is being flexible with the crooks that need to cover the shorted shares. that's right. the same guys that drove jphc into the ground are now being given some leeway to cover with paivis.
Again, conjecture.
*once the numbers come out, the website gets reposted, and the manipulation stops with the execution of trades, you will see this stock settle in the 1.00 to 1.50 range. if you have been looking for the investement of a lifetime, here it is.
Can you point me to even one single "fact" in this point?
*why do all of the message boards seem to be pressuring people to sell paivis? is it because there are people on the boards that are concerned about me losing money? of course not! with this much pressure to sell I know that i have my hands on a big hitter.
This is classic pumper behavior, "all of the message boards seem to be pressuring people to sell paivis"? If there's more than one or two people on this board or ihub "pressuring people to sell" I'd love to see it. In fact, you can count me as someone who's "pressuring people to sell" even though I've never told anyone to sell, just that I sold, and want to present the other side of the coin, since the "pumper"/"basher" ratio is usually 90/10 at worst. And as hard as this guy seems to find it to believe, the thing that I am concerned about most certainly is with people losing money based on false hope and ridiculous promises of great wealth.
*so, in summary, thank you serfdom for all of your posts. you and i have very similar outlooks on this stock. i am going to keep my "kung fu grip" on my 610000 shares. my hope is to sell them for about 1.30 sometime in the next four weeks.
Can't say I disgree with anything in this point, but it's completely irrelevant to the fact that we have no proof anymore that ther is any short position at all.Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
What do you mean by "pcola77 is wrong"? I'm only saying that it is possible that the shorts have been covered. If I said anything more certain, then I apologize. I'm only sayign taht the reason most of us bought this stock was because we were sure that they weer still signiificantly short. That is no longer the case. It IS possible that they are completely covered, which adds a lot of risk, and to me, at this point, the risk/reward is too high.
quote:Originally posted by db: PAIV still listed on reg sho list
I'm waiting for next short list if PAIV still short by millions then pcola77 is wrong and you would have to ask why would this stock still be shorted?
if they clean up their mess and have no listed short position then they still have the problem of the restricted fiasco
oh yea, (CHEER)
THEY TRY AND BRING IT DOWN BUT I"M STILL HOLDING FAST MM"s SUK AND THEIR BREATH SMELLS LIKE A$$
GOOOOOOO! PAIVVVVVV!
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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