posted
At least this Friday ended better than last Friday, as far as being in the green...not that we're anywhere near last Friday's closing price.
Posts: 256 | Registered: Oct 2005
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posted
all the complaints to the SEC, they may put some pressure on this thing , let the MM's be like a one legged cat in a sand box triin to cover up $h!t.
-------------------- PREPARE TO BE BOARDED Posts: 742 | From: SOUTH CARRIBEAN | Registered: Mar 2006
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posted
Repost 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.
posted
UPDATED July 29: ************** is maintaining its Short Squeeze Alert for Paivis Corp. As we head into August, the PAIV short position is perhaps even larger than before. The first-ever OTC Short Interest Report, requiring NASD members to report short positions on all over-the-counter equity securities on a monthly basis, was published July 26. We were not surprised to see PAIV rank at the top of the list. With just 57 million legitimate shares outstanding, a whopping 239,455,555 additional short shares were reported as of July 14. PAIV is now the single most shorted stock in the OTC.
According to Paivis transfer agent, Executive Registrar & Transfer, the long-awaited PAIV merger shares have still not been cleared through the DTC. This provides some confirmation that possibly billions of "phantom shares" issued and sold through Ameritrade were not authorized by Paivis Corp. Despite continuing requests from the transfer agent, only a few brokerages have submitted a full accounting of pre-merger positions held by their customers. Net result: rightful owners of PAIV merger shares have still not received the stock they were promised over three months ago.
Wild price swings have become the norm in the past several weeks, with PAIV shares reaching highs of $0.28, and dropping as low as $0.046. ************** urges our readers to proceed with caution should they choose to trade this stock. With powerful market forces creating extreme volatility, the opportunity for enormous profit is countered by extreme downward pressure, possibly generated by additional short-selling. Intraday gains and losses in excess of 40% make this a stock for experienced investors and day traders.
Posts: 801 | Registered: Nov 2005
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posted
Just as a follow up for whoever it was that I was talking to about the semantics of the "Short Interest Report" (I think brackep, but may be wrong). I sent another reply to the person at otcbb.com and asked for further clarification:
Yes that does answer my question. However, while perusing the website awaiting your reply, I came upon this page http://www.otcbb.com/news/2006/GeneralNews/071406.stm When it comes to definitions, it says " Current Month Short Interest The amount of shares that were reported as being sold short for the month by reporting firms " I'm not sure if anyone else found/finds that confusing, but I wanted to alert you to it in case other people had the same confusion that I had, in which case that definition may need to be altered to be more clear. Thanks again for your help,
Thank you *****,you are right in that there have been a few concerns from others regarding the definition. The definition is the same used for the Nasdaq short interest which has been in place for quite some time. http://www.nasdaqtrader.com/trader/defincludes/nasdshortint_def.stm In any case, I had already forwarded this concern to Market Regulation who preside over all things related to Short Interest and they may decide to reword the definitions on both sites to eliminate any confusion. Thank you again for bringing this to our attention.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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Thanks for the buck up. I'm down at the moment having bought at .187, but decided to follow Serfdom's advice on iHUB and try to suck more shares out of the shorters by flipping. Got my price at .08, hope to get back in around .06.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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Scottrade submitted some more documents, I will follow up on Weds to see if it is the rquested Info that the T/A needs. IRA Accounts, it seems that the Brokers are telling clients that the Restricted Paiv shares from the JPHC merger in your IRA Account will be posted and held by the Brokerage Firm you do business with in your IRA Account.
Not so fast the IRA Shares may be sent to you the same way they will be sent as in your Regular Account bt the T/A. It is being looked into by expeirenced People. So the IRA as of now is a Question on how it is to be handled.
Ameritrade is still telling the T/A that Ameritrade will be holding all the Restricted Paiv Shares, imagine that!. No way will this happen and anyone with Ameritrade should do a SEC Complaint right away IMO for not cooperating with the T/A.
It seems as if some Brokerages are trying to make side deals with some of their JPHC Clients for some kind of settlement which takes the Brokerages of the Hook. Now why would they do this? Because they are SCARED and know they did wrong. This IMO is Illegal and if any Brokerage attempts to settle with you in this fashion get names of the parties involved and report them to the SEC right away.
The links are below. Keep the pressure on your Compliance Dept and write the SEC with a Complant, everyday if you have to. *********************************************************
By: same53 31 Jul 2006, 11:01 AM EDT Msg. 11894 of 11968 (Msg. is a reply to 11864 by tflys1.) tflys1 Yes, here is Info
29 Jul 2006, 11:58 AM EDT Msg. 11805 of 11892 (This msg. is a reply to 11804 by same53.) Jump to msg. # Repost 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.
posted
Hey everyone something you dont know...Reverse split for the company is iminent.
This proposed reverse split IS NOT THE SAME TYPE of reverse split that normal OTC companies use to print more shares.
The kind of reverse split that we're all afraid of is DILUTIVE. It allows companies to reduce the number of common shares, while RETAINING the ability to print up to the SAME number of shares they had before.
That's what makes people panic. However, this is way different
If you read the filing at the Nevada SOS - PAIV is proposing to reverse the Authorized capital from it's current $5,001,500.00 to only $26,500.00. If this were a dilutive reverse split, THE AUTHORIZED CAPITAL WOULD REMAIN THE SAME.
This means that Paivis can NOT issue more shares (split adjusted) than what they could issue now if they wanted to
Posts: 193 | Registered: Jul 2006
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posted
Paivis Corp. Will Not Implement a 200- 1 Reverse Split Tuesday August 1, 10:36 am ET
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--August 1, 2006--Paivis Corp. (OTC BB:PAIV.OB --News) announced today that its board of directors has decided, in its discretion, not to implement the 1-200 reverse split of its common share capital at this time.
The Private Securities Litigation Reform Act of 1995 (the "PLSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.
Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. Paivis intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause Paivis' actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in Paivis' annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at http://www.sec.gov.
Contact: For more Paivis information please contact: Paivis Shareholder Services Phone: 800-963-6471
Posts: 193 | Registered: Jul 2006
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posted
Patience is Key here. MM's WON'T take it past .05. Or, it will be a NEW thanksgiving Day!!!GOBBLE GOBBLE!
Posts: 121 | From: The Lone Midwesterner | Registered: Jul 2006
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posted
Ahhh that's when its time to go outside and enjoy the 110 degree weather, tan dem' chikken legz!
Posts: 121 | From: The Lone Midwesterner | Registered: Jul 2006
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