Shares for sale: 20198752, First the O/S PAVC is 26 Million and Stahl does not own that may shares.
Icon 1 posted November 09, 2006 09:16 Profile for NEL Send New Private Message Edit/Delete Post Reply With Quote I SEE THAT DR. JAN Stahl former APO CEO has filed to sell a boat load of shares.
Oct 21, 2006 (Vickers Stock Research via COMTEX) -- Document Processing Date: October 20, 2006
Filer: STAHL, JAN Relation:
Stock Name: Paivis Corp Stock CUSIP: 695793208
Stock Symbol: PAVC Exchange: OTC
Transaction date: October 06, 2006 Shares for sale: 20198752 Value held: $56307966
posted
This is NOT bogus.... I found this under news when I reserached this stock in the Fidelity Web Site... maybe the quantity does not take into account the 200:1 split?
Form 144: Filing to Sell 20198752 Shares of Paivis Corp (PAVC) 6:28 p.m. 10/21/2006 Provided by
Oct 21, 2006 (Vickers Stock Research via COMTEX) -- Document Processing Date: October 20, 2006
Filer: STAHL, JAN Relation:
Stock Name: Paivis Corp Stock CUSIP: 695793208
Stock Symbol: PAVC Exchange: OTC
Transaction date: October 06, 2006 Shares for sale: 20198752 Value held: $56307966
Broker: MERRILL LYNCH PIERCE FENNER Copyright (c) 2006, Vickers Stock Research Corporation. All rights reserved.
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Ameritrade person here. I thought I was slow, man.
I Did call the transfer agent last week. They say they are working it, but there is a pile 5 feet tall. The receptionist I spoke to knew most of the details and put my name on a 'to call list' She also said the certs are being mailed out 1 customer at a time. Some relief here know that it is not a black hole and only a brown one. I guess I may get mine about the time the restriction is lifted.
The information was provided to the transfer agent originally on 7/28/2006. The transfer agent is Executive Registrar & Transfer Agency.
Debra A. Apex Reorganization and Safekeeping, TD AMERITRADE Division of TD AMERITRADE, Inc.
I show that the telephone number for Executive Registrar & Transfer is 1-303-783-9055.
Laurie W. Apex Reorganization and Safekeeping, TD AMERITRADE Division of TD AMERITRADE, Inc.
I did not say you made that Form up. I saw the same Form as you pasted above. Then I did a little DD and found this out. Something in the above Fidelity Post you pasted is wrong. Stahl has 19,648 freely trading shares of Common Stock.
Item 5. Interest in Securities of the Issuer
(a) Aggregate number and percentage of the class of securities beneficially owned:
The Reporting Person beneficially owns 1,293,427 shares of Common Stock of the Issuer, consisting of (i) 19,648 freely trading shares of Common Stock of the Issuer, (ii) 713,959 restricted shares of Common Stock of the Issuer and (iii) 560,000 shares of Common Stock of the Issuer issuable upon the Reporting Person's conversion of 28,000 shares of Series A Preferred Stock. The shares of Common Stock of the Issuer beneficially held by the Reporting Person represents less than 5% of the Issuer's Common Stock, based on 26,189,752 shares of Common Stock issued and outstanding as of August 15, 2006 as reported by the Issuer in its amended quarterly report on Form 10-QSB/A for the quarterly period ended June 30, 2006 filed with the Securities and Exchange Commission on August 22, 2006.
(b) Number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition:
1,293,427 shares of Common Stock.
(c) Transactions in the securities effected during the past sixty days:
Please see Item 1 above.
(d) No other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities.
(e) The date on which the reporting person ceased to be the beneficiary owner of more than five percent of the class of securities:
quote:Originally posted by stocktrader2006: Mx3 - Are you saying you have your PAVC shares from the JPHC merger? Or is it from the R/S share round up to 100? These are 2 debacles that I know of with this.
Sorry it took so long to get back but didn't see you were asking until today. From the round-up under a 100 shares. Heres a few letters to maybe clear up things for those folks. I have already received my choicetrade shares and sold 50 X 8.50 and 50 X 6.55. Fidelity's letters to me:
Dear Fidelity Client:
We want to remind yoiu that there is a 11/14/2006 deadline to participate in the PAIVIS CORP COM tender offer. Your current quantity is 99.
You should have received complete details of this tender offer under separate cover. If you wish to tender your securities, please call us before the close of business on November 14, 2006. Our brokerage representatives can be reached at 800-544-8666 to complete this transaction for you or answer any questions.
If you already tendered your securities or are not interested in doing so, please disregard this reminder.
Sincerely,
Fidelity Brokerage Sercives
------------------------------------------------
Letter from beforehand:
We have been advised of the following by the agent of Paivas Corp, Executive stock transfer.
As per the terms of the company's merger agreement. Paavas corporation has effected a 1 for 200 reverse split from cusip # 695793109 to cusip 695793208. Shareholders are entitled to be rounded up to a minimum of 100 shares of cusip# 695793208.
Before clients can receive their additional entitlement, the agent is requiring the disclosure of the following beneficial holder information: 1 - Full name of account 2 - Current address 3 - Social security # or tax I.D. Since personal information such as this cannot be released by our firm without the permission of the shareholder, we are requesting you contact your broker as soon as possible to provide consent for the release of this information.
To facilitate this process, shareholders have been given an equal number of shares due on the round-up under Cusip# 69579..... By tendering these shares, the shareholder agrees to allow the firm to release their personal information to the agent.
Any questions regarding the corporate action's details should be directed to executive stock transfer (303) 783-9055 or Mr. Glenn Liddell at Paivas, Inc, (800)963-6471.
Fidelity Brokerage Services LLC Member NYSE, SIPC.
-------------------- I buy fast and sell faster!
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posted
I'm writing Ameritrade again, I wonder if the round-up shares thing also counts if you held JPHC shares during the merging (restricted stock), does anyone know this? I'm not sure because I have 1 share in another account that also still needs to be rounded up to 100
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On 08/17/2006, TD Ameritrade submitted a request to the transfer agent for Paivis Corporation for the additional shares as the result of the company's decision to round up. Once we have received these additional shares, your account would be updated accordingly. At this time, we do not have an estimate on how much longer before the shares will be received.
Laurie W. Apex Reorganization and Safekeeping, TD AMERITRADE Division of TD AMERITRADE, Inc.
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posted
I talked to my Fidelity broker today regardng the share round-up. I let him know that I wanted to participate in the "tender" and he informed me he has my info in place but until ALL of the Fidelity PAVC shareholders call in with their request to participate NONE of our shares will be released or become active. Come on you Fidelity people get on the ball and make the call. I want my FREE shares.
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quote:Originally posted by NEL: I talked to my Fidelity broker today regardng the share round-up. I let him know that I wanted to participate in the "tender" and he informed me he has my info in place but until ALL of the Fidelity PAVC shareholders call in with their request to participate NONE of our shares will be released or become active. Come on you Fidelity people get on the ball and make the call. I want my FREE shares.
that's BS, you are entitled to your round-up shares no matter what, they can't put a hold on it when 1 out of the hundreds of fidelity clients who own PAVC "doesn't call", your right to get those shares does not depend on other people! I wouldn't fall for that, I don't believe any of it... JMO
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I would highly suggest that all here call their Brokerage Firms and speak with your Compliance Examiner. Ask and demand from your Brokerage Firm compliance dept all information on your accounts that they sent to the transfer Agent Mr Jack Donelly .All Documents! Do not take no for an answer you have the right to receive this information on your accounts from your brokerage Firm.
Okay, I did this, and I got my reply (via U.S. Mail today):
quote: Thank you for your correspondence dated November 2, 2006 regarding your account held with TDAmeritrade.
You requested for TDA to send you copies of all information sent to the transfer agent of Paivis (PAVC). Regrettably, we will not be able to honor your request as the information was provided to the agent by the Depository Trust (DTC). The additional round-up shares from the reverse split were requested from the agent through DTC on August 17, 2006. Once the shares are received from the agent, we will post them to the affected shareholder accounts.
Should you have any questions yada yada yada....
Jeffrey R. Bornhoft Client and Regulatory Relations Analyst Corporate Compliance
-------------------- "Great Day for Up!"....Dr. Seuss
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The TA requested from all the Brokerages . I use Scottrade and have been given a line of B/S since June. 1. Legal Name: use the name in your broker account 2. Home address 3. Social Security Number 4. Total # of shares after merger & date 5. Total # of shares after exchange rate & date 6. Total # of shares after 200:1 reverse split & date
Ameritrade is not telling you the facts IMO.
Keep on their case and do a SEC Complaint as I and others have done.
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quote:Originally posted by NEL: I talked to my Fidelity broker today regardng the share round-up. I let him know that I wanted to participate in the "tender" and he informed me he has my info in place but until ALL of the Fidelity PAVC shareholders call in with their request to participate NONE of our shares will be released or become active. Come on you Fidelity people get on the ball and make the call. I want my FREE shares.
NEL, Did you give permission to allow your info to be told to PAVC transfer? If you did, Fidelity is saying today, the 14th of Nov, is the last day to say yes and that "all shareholders information" will then be sent in one swift transaction. After today it will then take approx 2 wks to get the shares into the account and able to sell.
If you did not give permission then you will not receive shares.
I love CHOICETRADE!!!!!!!!!!!!
-------------------- I buy fast and sell faster!
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