posted
This might be a little off topic, but are there ever any "geek" plays with forward splits. The only one I saw was CSJJ * 0.0001 doing a forward split of 150 for 1. That would mean you'd have 150X more shares that you could sell at 0.0001, hence a 150 bagger if they sold... I think perhaps that's why CSJJ cancelled it, LOL.
$100 would turn into $15,000! [If sold]
Posts: 54 | From: Canada | Registered: May 2006
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posted
well, hope u guys that got in get some quick dough! I also hope that it comes out at a good price tomorrow and holds its level and in time, does go to bigger board , attracts bigger investers, and make us all big money!!
As a restricted holder, this should be real fun trying to get our Certs for PAIV(STILL!!!), then gtn them converted over to new ticker!. lol
Posts: 379 | From: Peoria, AZ. | Registered: Apr 2006
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posted
Well, TDAmeritrade said this morning that when a PR says that about rounding up to 100 shares that it usually means "per brokerage", not per investor. But they are waiting to find out for sure. He said that it is the "hot topic of the morning".
Too bad, cause I had only 1500 shares which, I guess, now will give me 7.5.
Also, TDAmeritrade said that they hadn't been delivered the PAIV shares and it isn't scheduled to finalize with them until August 7th. (Although, he did say that sometimes, it comes through earlier, so keep an eye on it).
So I may not be able to trade until August 7th. Wonder where the PPS will be by then.
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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I do not care what the negative posters say. IMO this is great news for us, the Company is following a game plan. We wiil be happy.
Edit/Delete Post Reply With Quote SAME, your as familiar with this stock as any, is this a good thing, bad thing, or no change from today thing, for us RESTRICTED shareholders.
I guess 1st we need to get our Certs. lol
Posts: 88 | From: USA | Registered: Apr 2006
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Per TDAmeritrade, the DTC informed them the "payment date" for the PAVC shares is SCHEDULED for Monday August 7, 2006. What that means is Aturd is expecting to receive the post split PAVC shares for their clients. Aturd said currently you may BUY PAVC shares but will not be able to sell. Also, they made it clear that the scheduled date of payment is not written in stone...meaning it coud be tues. or wed. before they get the shares from the DTC. Once they receive the shares, you may trade your UNRESTRICTED. for those of you seeing PAVC in your aturd account with your pre split numbers, is that the symbol change is complete, but aturd doesn't have possession of the shares to verify and show the post split numbers. Once they get them...everything SHOULD be accurate.
On another note, information I've received is that this R/S has been in the process for at least two months, and the purpose is to move to the amex or nasd. The pps needed to meet minimum requirements, and the next step is the financials. Unfortunately the amex and nasd move pretty much at the same speed as the SEC, so per my information, it could be 6 to 9 months down the road before we see that move. I'm not saying it WILL take that long, just that it can. Since this has been in the works for several months, hopefully management has things rolling, and we see it sooner than later. I questioned a possible buyout/merger to facillitate the move, response was those options weren't mentioned in the equation at the present time
-------------------- url Posts: 92 | From: bronx new york | Registered: May 2006
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Call the SEC, NASD, your Brokers Compliance Dept. Do a NASD and SEC Complaint against your Brokerage Compliance Dept for not cooperating with the T/A on requests made for information needed by the T/A so we can receive our Restricted PAVC formerly PAIV Shares.
If we do not put the Pressure on the above parties you will never get what is legally yours. THAT IS A FACT.
Here are Links and phone numbers for the SEC and NASD , Call the Compliance Dept Scottrade or your Brokerage Compliance Dept.
UBBFriend: Email this page to someone!
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