posted
i think the brokers got the shares and sold them already for the big take, now just waiting for the price to drop so they can issue the shares that you worked for at a lower price so they can make more money off of us
Posts: 317 | From: Iraq | Registered: May 2006
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posted
N/A took the place of the pre-existing JPHC on TD AMERITARD. A change is a change.
Posts: 121 | From: The Lone Midwesterner | Registered: Jul 2006
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posted
An informative narrative by Dallas66 on another board says:
APO Health merges with JPHC. JPHC/APO become PAIVIS corp on the OTCBB. APO HEALTH is sold off and taken private leaving ONE entity within PAIVIS. PAIVIS/JPHC/MACRO is now on the OTCBB...the step up they wanted to make. I might also add they did it the LEAST EXPENSIVE and most EFFICIENT way possible. A Reverse merger with a dormant shell. Paiv goes down in value...hmmm....could it be because brokers allowed restricted shares to be sold as free trade shares, allowing people to make an immediate profit in the hundreds to thousands percent? Could this be considered an attempt by the brokers to further bury the JPHC shorts they still haven't covered? Could it be they are involved with the 239,455,555 SHORTED shares of PAIV in the first few weeks of July? The SHORTED shares they themselves had to acknowledge existed? Whithin a few days, the price runs to the mid $.30's...could this be flippers and day traders...shorts covering...retailers trying to make a quick buck thinking shorty is totally screwed and needs to cover right away? Could it be savvy investors buying up shares for the future when they KNOW they will be paid quite well to give up those phantom shares the brokers have no certs to cover with? A few days later PAIVIS puts out a PR stating a 1:200 R/S and symbol change to PAVC....hmmm...could it be they finally completed the PLANNED R/S that has been in the works for several months? Could it be the PLANNED R/S is part of the bigger plan to move up to the nasd/amex? Could it be a PLANNED move by the company to isolate the shorted shares of JPHC/PAIV and have a clean slate for the NEW ticker symbol shares? hmmmm...not receiving the restricted shares for months...could it be because the brokers blatantly lied...blatantly refused to deliver the requested information to the Transfer Agent? hmmmm...could it be they did those things to stall and attempt to hide/cover up the truth? The TRUTH is that TDAmeritrade KNOWINGLY allowed restricted shares to be traded on the open market. The TRUTH is at least 4 separate brokers allowed this activity, and in the process of allowing restricted shares to be traded, they actually told clients they were free trade shares when questioned about it. The TRUTH is the brokers were requested to provide shareholder information to the TA on MAY 28, 2006. The TRUTH is the brokers stalled/refused/delayed furnishing that information until JULY 28, 2006. TWO months AFTER the request was sent to them....hmmmm...wonder why it took so long? Gee...they can update your account in a matter of seconds for any transaction that you make, but suddenly it's a long and tedious and extremely difficult process to SEND TO THE TA the very information they can update in seconds. That is the TRUTH..the FACTS...wow...when I look through all the FACTS...it amazes me some people still don't have a clue and continue to blame the company instead of the brokers. Human nature I guess, ignorance is a tough characteristic to overcome.
Posts: 121 | From: The Lone Midwesterner | Registered: Jul 2006
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posted
And, without email or phone request, here is information from Ameritrade! ( For those of us restrictoids !
Still sounds about the same -- Wait some more....
From Ameritrade: ------------------------------------- Dear Valued Client,
Paivis Corp. merged with Jupiter Global Holdings Corp. (JPHC) on May 23, 2006. Shareholders of JPHC are now entitled to receive 0.462320850 restricted shares of Paivis Corp (PAIV) for every one share of JPHC.
The positions will be removed from your account on August 25, 2006 to reflect this change. The issuer has required the transfer agent to mail the new certificates to the address of record for your account. Executive Registrar & Transfer Agency, Inc. will mail the certificates after September 1, 2006.
As a valued Apex client, you will not incur any fees for these certificates.
If you have questions regarding this issue, or the delivery of your certificates, please contact Executive Registrar & Transfer by phone at 303-783-9055 or by mail at 3615 South Huron Street, Suite 104, Englewood, CO 80110.
Sincerely,
Bryce Engel Chief Brokerage Operations Officer TD AMERITRADE
quote:Originally posted by midwestTEK: An informative narrative by Dallas66 on another board says:
APO Health merges with JPHC. JPHC/APO become PAIVIS corp on the OTCBB. APO HEALTH is sold off and taken private leaving ONE entity within PAIVIS. PAIVIS/JPHC/MACRO is now on the OTCBB...the step up they wanted to make. I might also add they did it the LEAST EXPENSIVE and most EFFICIENT way possible. A Reverse merger with a dormant shell. Paiv goes down in value...hmmm....could it be because brokers allowed restricted shares to be sold as free trade shares, allowing people to make an immediate profit in the hundreds to thousands percent? Could this be considered an attempt by the brokers to further bury the JPHC shorts they still haven't covered? Could it be they are involved with the 239,455,555 SHORTED shares of PAIV in the first few weeks of July? The SHORTED shares they themselves had to acknowledge existed? Whithin a few days, the price runs to the mid $.30's...could this be flippers and day traders...shorts covering...retailers trying to make a quick buck thinking shorty is totally screwed and needs to cover right away? Could it be savvy investors buying up shares for the future when they KNOW they will be paid quite well to give up those phantom shares the brokers have no certs to cover with? A few days later PAIVIS puts out a PR stating a 1:200 R/S and symbol change to PAVC....hmmm...could it be they finally completed the PLANNED R/S that has been in the works for several months? Could it be the PLANNED R/S is part of the bigger plan to move up to the nasd/amex? Could it be a PLANNED move by the company to isolate the shorted shares of JPHC/PAIV and have a clean slate for the NEW ticker symbol shares? hmmmm...not receiving the restricted shares for months...could it be because the brokers blatantly lied...blatantly refused to deliver the requested information to the Transfer Agent? hmmmm...could it be they did those things to stall and attempt to hide/cover up the truth? The TRUTH is that TDAmeritrade KNOWINGLY allowed restricted shares to be traded on the open market. The TRUTH is at least 4 separate brokers allowed this activity, and in the process of allowing restricted shares to be traded, they actually told clients they were free trade shares when questioned about it. The TRUTH is the brokers were requested to provide shareholder information to the TA on MAY 28, 2006. The TRUTH is the brokers stalled/refused/delayed furnishing that information until JULY 28, 2006. TWO months AFTER the request was sent to them....hmmmm...wonder why it took so long? Gee...they can update your account in a matter of seconds for any transaction that you make, but suddenly it's a long and tedious and extremely difficult process to SEND TO THE TA the very information they can update in seconds. That is the TRUTH..the FACTS...wow...when I look through all the FACTS...it amazes me some people still don't have a clue and continue to blame the company instead of the brokers. Human nature I guess, ignorance is a tough characteristic to overcome.
It sounds like Dallas66 knows what he's talking about. What now?
Posts: 344 | From: Berkeley, CA | Registered: Sep 2005
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posted
can we file a complaint to the SEC about this? My letter that I posted from Scottrade talks about restricted shares yadda yadda yadda, well I didn't have any of my shares restricted, now I just dont have any shares except PAIV which is worth nothing. Meanwhile the 100 shares I am SUPPOSED to have is losing value each day....
Posts: 317 | From: Iraq | Registered: May 2006
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posted
Some say the world will end in fire, Some say in ice. From what I’ve tasted of desire I hold with those who favor stock market crash. But if it had to perish twice, I think I know enough of hate To know that for destruction a reverse split Is also great And would suffice.
-------------------- I'm a dark horse, running on a dark race course. Posts: 73 | From: St. Louis, MO | Registered: Mar 2006
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posted
I received the same email no_patience, it's only for the restricted stock and I have no idea what will happen with the unrestricted R/S shares... we'll just have to wait I guess *yawn*
Posts: 1091 | From: Brugge, Belgium / Dallas TX USA | Registered: May 2006
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posted
has any1 had ANY luck on actually buying free- trading shares through your broker???TIA
Posts: 121 | From: The Lone Midwesterner | Registered: Jul 2006
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posted
I picked and scanned the pieces I like and hopefully a PR will show the results to everyone. Always do your DD!!! The more you read the better odds you'll have.
WOW a 980% increase!!!
RESULTS OF OPERATIONS
Revenue for the nine months ended June 30, 2006 was $4,557,193, a increase of $4,135,008, or 980%, from $422,185 for the nine months ended June 30, 2005. The increase in revenue was as a result of the acquisition of Macro Communications (“Macro”) in September, 2005.
As of August 15, 2006, 26,189,752 shares of Common Stock of the issuer were issued and outstanding
Our products are sold through approximately 3,000 retail outlets in the United States and our distribution is rapidly expanding.
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
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The $1,033,603, debt write off was a one time deal meaning PAVC should have shown break even to a profit. The $4,135,008, or 980% increase in revenue substantiates the Share price of PAVC and is undervalued IMO under the new share structure.of PAVC. The Company IMO will have to decrease expenses which I see them doing IMO. Also the reason the Company stated it wanted to move to another exchange is for better financing. I beleive financing has already been talked about by the Company and will be arranged. I beleive the Company will add aquisistions as they said they will to compliment its business. Remember PAVC is in the developement stage. We are in good shape IMO.
Revenue for the nine months ended June 30, 2006 was $4,557,193, a increase of $4,135,008, or 980%, from $422,185 for the nine months ended June 30, 2005. The increase in revenue was as a result of the acquisition of Macro Communications (“Macro”) in September, 2005.
Cost of revenue for the nine months ended June 30, 2006 was $4,182,713, a increase of $3,199,653, or 325%, from $983,060 for the nine months ended June 30, 2005. The increase in cost of sales was also as a result of the acquisition of Macro. The gross profit percentage for the nine months ended June 30, 2006 was 8.2% compared to (133%) for the nine months ended June 30, 2005. Telecom related sales accounted for the Company’s entire revenue in the current period.
Debt retirement expense for the nine months ended June 30, 2006 was $1,033,603, a increase from $0 from the nine months ended June 30, 2005, as the Company offered inducements to certain debtholders to convert their obligations to shares. Wages and Benefits costs decreased by $2,841,359 due to changes in corporate and compensation structure and staffing. Office, Rent & Sundry expenses increased by $189,038 for the period ended June 30, 2006, and Depreciation expense increased by $123,653, both as a result of the acquisition of Macro. Foreign exchange losses increased by $140,223 in the current period compared to the prior period.
Posts: 88 | From: USA | Registered: Apr 2006
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posted
Well, I got the shares too. But not rounded up to the 100 shares. Folks who have Choicetrade, did you see the rounded up numbers immediately or did it take two steps?
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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posted
Jo, I actually had approx 1,600 shares that turned into 8 and then Choicetrade gave me 92 to make the 100. I sold for $727 couple weeks ago and just today bought back 100 X 4.25. Since I've yet to receive those shares in my Fidelity or Scottrade accounts so I decided to protect myself just in case something goes awry. Never know with the DTCC and brokerages now since they've become "wiser".
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
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posted
welp here's some opinions, any1 else....???
10Q Opinion on PAVC
The $1,033,603, debt write off was a one time deal meaning PAVC should have shown break even to a profit. The $4,135,008, or 980% increase in revenue substantiates the Share price of PAVC and is undervalued IMO under the new share structure.of PAVC. The Company IMO will have to decrease expenses which I see them doing IMO. Also the reason the Company stated it wanted to move to another exchange is for better financing. I beleive financing has already been talked about by the Company and will be arranged. I beleive the Company will add aquisistions as they said they will to compliment its business. Remember PAVC is in the developement stage. We are in good shape IMO.
Revenue for the nine months ended June 30, 2006 was $4,557,193, a increase of $4,135,008, or 980%, from $422,185 for the nine months ended June 30, 2005. The increase in revenue was as a result of the acquisition of Macro Communications (“Macro”) in September, 2005.
Cost of revenue for the nine months ended June 30, 2006 was $4,182,713, a increase of $3,199,653, or 325%, from $983,060 for the nine months ended June 30, 2005. The increase in cost of sales was also as a result of the acquisition of Macro. The gross profit percentage for the nine months ended June 30, 2006 was 8.2% compared to (133%) for the nine months ended June 30, 2005. Telecom related sales accounted for the Company’s entire revenue in the current period.
Debt retirement expense for the nine months ended June 30, 2006 was $1,033,603, a increase from $0 from the nine months ended June 30, 2005, as the Company offered inducements to certain debtholders to convert their obligations to shares. Wages and Benefits costs decreased by $2,841,359 due to changes in corporate and compensation structure and staffing. Office, Rent & Sundry expenses increased by $189,038 for the period ended June 30, 2006, and Depreciation expense increased by $123,653, both as a result of the acquisition of Macro. Foreign exchange losses increased by $140,223 in the current period compared to the prior period.
Posts: 121 | From: The Lone Midwesterner | Registered: Jul 2006
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posted
Talked to someone in TDAmeritrade's reorganization department this morning. He said that now that they've issued the r/s shares, a letter was sent to PAVC containing the info of stockholders who would be eligible for the "rounding up" of the shares. He said that PAVC has to look at each one and issue the shares.
He had no estimate as to how long this would take, but since it took over two weeks just to get the shares in the first place, I'm not holding my breath. He also said "I can't guarantee that they'll actually give the other 93 (in my case) shares, but we think it will happen".
Jo
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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quote:Originally posted by ArmySGT: i still have nothing but my PAIV shares with a # sympol in front of them
Same for me ArmySTG, on my "free" tradin shares. But my restricted shares are gone, and i got a $25 dollar amount in my accout history for delivery of certs.
-------------------- "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
I've got etrade, and they switched over from that random number to PAVC, but I only have one share. And now I have a margin house call, and they tacked on a $20 mandatory reorganization fee, WTF is that lol.
Posts: 854 | From: Alpharetta, GA | Registered: Mar 2006
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quote:Originally posted by Jo4321: He had no estimate as to how long this would take, but since it took over two weeks just to get the shares in the first place, I'm not holding my breath. He also said "I can't guarantee that they'll actually give the other 93 (in my case) shares, but we think it will happen".
Jo
Yep, it may take a while but you tell em to keep holding his breath because the 8-k is a legal document and we are to be rounded up.
Here is the excerpt: 8-k Aug. 3rd.
On August 3, 2006, PAIV was notified by the Nasdaq Market Integrity Section that the effective date of the Reverse Split is August 4, 2006. On that date, all provisions of the Reverse Split approved by the Registrant’s board of directors, becomes effective and as of that date, every 200 shares of the Registrant’s common stock will automatically become equal to one share of common stock, provided however, there will be no fractional shares issued under the consolidation therefore all fractional shares will be rounded up the next whole share. Also, any shareholder holding less than 100 shares post split shall be rounded up to 100 shares.
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
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posted
I emailed etrade in regards to the 1 share I have in my account and where are my other 99 shares I was suppose to get when the r/s took place....Below is the response I got from Etrade:
Thank you for your message. I do apologize for any frustration this may be causing you. I have gone ahead and forwarded your email to our Corporate Action Research Team as I also show that shareholders with less than 100 shares post split will be rounded up to that amount. Our Corporate Action Research Team will be getting back to me within 2-3 business days. As soon as I receive information from them I will let you know when you can expect to see the additional shares in your account. Until then, please let us know if you have any additional questions or concerns.
Posts: 122 | Registered: Aug 2005
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Sorry valued client, we have really f u k k e d you this time, and what are you gonna do about it? Sorry if you are losing your rear, but we are banking on your loss. Maybe you should try casino gambling instead.
Sincerely Ameritrade, azz-reaming service
Posts: 121 | From: The Lone Midwesterner | Registered: Jul 2006
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posted
My JPHC/PAIV shares are completely gone from my Scumtrade account, and $25 was taken out also for processing the certs that I have no idea when and if ever they show up at my door.
Posts: 35 | From: Jersey | Registered: Feb 2006
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posted
I got this reply today my email query about where my "round up" shares are:
quote: Dear ____
We have not received the shares for the round up at this time. Once we receive the shares the account will be updated accordingly. At this time we do not have an estimated time frame to receive the shares.
Debra A. Apex Reorganization and Safekeeping, TD AMERITRADE Division of TD AMERITRADE, Inc.
-------------------- "Great Day for Up!"....Dr. Seuss Posts: 3387 | Registered: Mar 2006
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