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| | #1 (permalink) |
| Join Date: Jan 2008
Posts: 8
![]() | Let me know what all you penny stock pros think about this?By the way I got into this stock at $.02 a share at 90,000 shares. I'm scared to death on what to do now. PAIVIS CORP COM NEW (PAVCE: OTC BB) Merger with Trustcash is to go underway on Jan, 31. The stock hit a low yesterday and should be at it's bottom before the merger takes place. I'm buying in today for sure. If anything I think it should have a nice little bounce back today. Also good news! A quality valuation for the common stock of Paivis. -- Each share of common stock of Paivis will be exchanged for $0.65 cents worth of Trustcash Preferred Stock. -- The Company believes, considering numerous factors, that its common stock is undervalued and therefore negotiated to get for its shareholders a price/share in the stock exchange with Trustcash that would more accurately reflect a value the underlies the business of Paivis. -- Management believes its efforts have achieved a quality value in terms of purchase price and preferred rights and preferences. Paivis, Corp. Provides Update on Its Acquisition Activities Market Wire - January 16, 2008 12:43 PM ET Related Quotes Symbol Last Chg PAVC Trade 0.009 0.00 TCHH Trade 0.14 0.00 Quotes delayed at least 15 minutes Paivis, Corp. ("PAIVIS" or the "Company") (OTCBB: PAVC) today provides an update to its shareholders regarding its acquisition activities. The Company is pleased to announce that the due diligence and audit process for its planned acquisition of Detroit Phone Card, Inc. and AAAA Media Services, Inc. is progressing well. The plan to complete the acquisitions within the parameters of the previously announced merger with Trustcash Holdings, Inc. is on track. Furthermore, the Company is continuing to seek other acquisitions that would add to its business plan and also to the plans of the abovementioned merger, with the goal of delivering growth and potentially increased shareholder value. About Paivis, Corp. Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets, including Duane Reade, 7-Eleven, and Chevron. Last edited by flyinbrian17 : Fri, 01-18-2008 at 09:41 AM. |
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| | #2 (permalink) |
| King of Brostland Join Date: Aug 2005 Location: Palm Springs, Ca
Posts: 57
![]() | If it was me.....I'd bail.......fwiw........This has been one of the scammier POS on the OTC for quite some time. Sure it runs, but you better be by the door in a crouched runner start position.................z
__________________ Faster horses, yw, ow, mm.................. |
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| | #4 (permalink) |
| Realist,/Moderator!!! | ZIMBAAAAAAAAAAAAAA Wazzzzzzzzzup dewd, and I agree 101% with you on this gem, It has been hashed and rehashed so many times!!! Pumps and dumps is what it does, as with 90% of these sub / sub sub POS!!!
__________________ All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. Joseph Conrad, Use your own mind on what to buy and sell!! |
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| | #7 (permalink) |
| Senior Member Join Date: Jun 2006 Location: All over, mostly sw US
Posts: 126
![]() | If you want to play pennies, get another 2500-. Open a margin account at Choicetrade, and short them after a 3 day pop. Look at the charts, 6 months, 1, 2, 3,.....10 year. 99% always come down. And after that, over time, they come down a LOT more. It makes for a very nice safety net. And a profitable one too. |
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| | #10 (permalink) |
| Join Date: Jan 2008
Posts: 8
![]() | I think i'm going to stick this one out till Jan. 31. With TRUSTCASH HLDGS INC COM (TCHH: OTC BB) at $.14 a share i'm thinking that Paivis should be somewhere at $.03 a share. That would stick with the 5 for 1 buy out even if not at $.65. Let me know what you penny stock pros think about this. Or even if I do let the shares get converted to TRUSTCASH HLDGS INC COM (TCHH: OTC BB) What do you guys think about the future price of this stock? The hold out one the shares are converted is 6 months with a 5% dividend quarterly. |
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