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CEO OF ELTP- ELITE PHARMA mentioned the co. would be sold before 2 1/2 years
If you need copy for transcripts please ask I can supply
ELTP
Moderator...
If anyone would like to step in as moderator, I'll be leaving my post for the buyout board. I'd like to see someone who is a little more familiar with these type of stocks to step in. I've been focusing on other opportunities and do not have the time necessary to continue on as moderator.
Well it looks like the Merger is done
AQUA is merging with Citation!
Why do I believe this?
because AQUA and AQWT are the same company.
Citation's President Kevin Spence will become AquaCell's President and Chief Financial Officer. per a PR for AQWT
He was hired by AQWT as the President and CFO and is getting his $165K Salary with 1 Million Shares (AQWT) plus 500K of Warrants of (AQWT)
but per the AQUA PR they can't tell you that the merger went through, so I believe that after today you will see the PR of
Keven Spence is becoming the President and CFO of AQUA and he will again get another $165K Salary, plus 21 million shares (AQUA) and AquaCell Tech (AQUA) has finished merging with Citation.
So the stock should go up tomorrow!
its a bargain at .09 right now... imo
XSBV - took 3 days for the markets to wake up and start giving the XSBV stock the value that I saw when I wrote that post.
And... l8 close Friday is just the start!
I gotcha, I saw merger's and wasn't thinking.
Strongtower...
The intent of this board is to find public companies that are either being bought out by private or public companies or merging with other public companies...ie there is a price to be paid for the shares.
It looks like most of the stocks that you listed are reverse mergers.
FUTURE MERGERS
MQPH-completed-now DPDW-
http://investorshub.com/boards/read_msg.asp?message_id=15612866
LDTI-http://investorshub.com/boards/read_msg.asp?message_id=15481324
METP
JLNY-completed-http://investorshub.com/boards/read_msg.asp?message_id=15575704
AHFP-http://investorshub.com/boards/read_msg.asp?message_id=15542339
TINN
MWXI-http://investorshub.com/boards/read_msg.asp?message_id=15565566
GMDP
IBCX-http://investorshub.com/boards/read_msg.asp?message_id=15654149
FCCN-http://investorshub.com/boards/read_msg.asp?message_id=15654049
HCPC-http://investorshub.com/boards/read_msg.asp?message_id=15597522
XSBV-http://investorshub.com/boards/read_msg.asp?message_id=15662913
APPI-http://www.investorshub.com/boards/read_msg.asp?message_id=15685883
Keeping an Eye on APPI, heres why,
Press Release Source: Advanced Plant Pharmaceuticals, Inc.
Advanced Plant Pharmaceuticals, Inc. and H & H Equipment Co. (HHE) Sign Letter of Intent Agreement To Provide $1.2 Million in Financing for Construction of Two Biodiesel Plants
Tuesday December 19, 4:30 pm ET
NEW YORK, NY--(MARKET WIRE)--Dec 19, 2006 -- Advanced Plant Pharmaceuticals, Inc. (OTC BB:APPI.OB - News) announced today the signing of a Letter of Intent (LOI) agreement with H & H Equipment Company, Inc. (HHE), a division of Hannah Industries, for the necessary financing to construct two biodiesel plants.
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HHE, a Kentucky corporation engaged in coal mining, loading and blending, washing and marketing and brokering of coal for utilities and other large industrial users, is a privately held company. According to the terms of the LOI, HHE will provide $1.2 million in funding to APPI in exchange for a minority interest in APPI in the form of preferred convertible stock. The funds will primarily be used to construct two biodiesel plants, with one plant to be constructed in eastern Kentucky and one in Palm Beach County, Florida.
As previously announced, the biodiesel plant in Kentucky is for a coal mine which will require 4-5 thousand gallons a day. Revenue for the first full quarter of operation is projected at $1 million, or $4 million annually.
Separately, APPI has announced merger negotiations with an undisclosed clean coal technology company. The clean coal patented process is designed to increase the BTU of low quality coal which substantially increases the value of low-grade lignite and sub-bituminous coal. The environmentally friendly process captures and removes harmful elements without disintegrating the coal and destroying further processing. Significantly, the patented process requires only 4-18 minutes retention time vs. the industry standard of 2-6 hours. Further development will require limited capital expenditures to be funded via grants from future partners.
To be added to APPI's corporate e-mail list for shareholders and interested investors, please send an e-mail to ir@advancedplantpharm.com.
About Advanced Plant Pharmaceuticals, Inc. (http://www.advancedplantpharm.com)
Advanced Plant Pharmaceuticals, Inc. (APPI) focuses on the research and development of whole plant-based nutritionals. The company has a composition-oriented patent for a proprietary process of utilizing whole plants to safely manufacture all-natural nutritional supplements. APPI markets and distributes its line of products including Lo-Chol™ worldwide through various sales distribution channels.
"Safe Harbor Statement'' Under The Private Securities Litigation Reform Act Of 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause Advanced Plant Pharmaceuticals, Inc.'s actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
Contact:
Contact:
Advanced Plant Pharmaceuticals, Inc.
Investor Relations:
LC Group
Rick Lutz
(404) 261-1196
ir@advancedplantpharm.com
I'm really surprised XSBV isn't running yet! I wish we could get some kind of confirmation from GBVS!
Posted by: cargo_hauler
In reply to: None Date:12/19/2006 11:44:27 AM
Post #of 38105
XSBV - .095 - radar it - if .73 per share buyout is confirmed.
http://biz.yahoo.com/bw/061218/20061218005326.html?.v=2
ILGY (the buyer of TWOG)...
International Energy, Ltd. Has Signed LOI to Acquire 50% Interest in Oil Fields Located in Central Asia
Tuesday December 5, 9:00 am ET
ORLANDO, FL--(MARKET WIRE)--Dec 5, 2006 -- International Energy, Ltd. (Other OTC:ILGY.PK - News) has signed Letters of Intent to acquire 50% interest in oil fields located in the Atyrauskeye and Mangystauskeye regions of Kazakhstan with proven oil reserves of 140 Million barrels.
The joint venture partner in this project will be the Kazakhstan government. The purchase price of US$12 million will be applied to upgrading equipment to increase daily production at these fields.
CEO David Watson stated: "Kazakhstan provides a great opportunity for the realization of our company's strategic objectives due to the enormous oil and gas reserves in this region."
Tandem Energy Holdings, Inc. Announces Restructuring of Transaction with Platinum Energy Resources, Inc.
Thursday October 5, 9:05 am ET
MIDLAND, Texas--(BUSINESS WIRE)--Tandem Energy Holdings, Inc. (Pink Sheets: TDYH - News; "Tandem"), today announced that is has restructured its proposed transaction with Platinum Energy Resources, Inc. ("Platinum") from a merger to a stock for asset reorganization pursuant to Section 368(a)(1)©of the Internal Revenue Code.
Platinum and Tandem's wholly-owned subsidiary, Tandem Energy Corporation ("TEC") have entered into an Asset Acquisition Agreement and Plan of Reorganization pursuant to which Platinum will all acquire all of the assets and assume all of the liabilities of TEC, including approximately $42 million of TEC's debt, in exchange for the issuance of approximately 8 million Platinum's shares to TEC. The total number of shares to be received by TEC will be $60 million divided by the per share cash value of Platinum's IPO trust account at the time of closing. The per share cash value was $7.52 as of September 30, 2006. Prior to the closing of the reorganization transaction, Platinum will cause the Platinum shares to TEC to be registered so that they can be sold in the open market without restriction. Under the new agreement, the date by which the close of the acquisition must occur has been reset to December 31, 2006.
After the acquisition is consummated, TEC and Tandem will liquidate and distribute the Platinum shares to Tandem's shareholders at an exchange rate equal to the exact terms as set forth in the previously announced merger. In other words, any shareholder who previously was to receive $4.50 per share in cash, will now receive the essentially the same value in Platinum shares.
As part of the new agreement, current Tandem President and Chief Executive Officer, Tim G. Culp, has agreed to serve on the Platinum's board of directors. In addition, the remaining members of Tandem's senior management team have agreed to accept employment or consulting positions with Platinum.
As a result of the transaction's new structure, Platinum Energy expects to have approximately $60 million of available cash at the close, in addition to a credit facility which it expects to close shortly after the consummation of the transaction. Platinum Energy intends to use such funds for, among other things, drilling and other capital expenditures relating to the TEC assets, and future acquisitions.
According to Mr. Culp, Tandem's President and Chief Executive Officer, "While the transaction has been restructured, we believe that it is beneficial for our shareholders in that it provides all of our shareholders with the option of monetizing their investment in Tandem through sales of Platinum's shares on the open market or retaining their shares and potentially increasing their return through an early investment in a new and well capitalized energy company that is committed to growth and maximizing shareholder value".
Tandem Energy Holdings, Inc. is an oil and gas exploration and development company based in Midland, Texas. The Company's activities are focused on low-risk properties in Texas and New Mexico.
This company is a PR dream! Too bad they don't affect the stock price.
IDS & HLS Have Concluded Arrangements With Bankers in Dubai
Wednesday August 23, 2:49 pm ET
HLS and IDS Updates Dubai Events
ORLANDO, FL--(MARKET WIRE)--Aug 23, 2006 -- IDS Worldwide, Inc. (Other OTC:IDWD.PK - News) reported yesterday that the companies would issue a pre-market update today. The HLS and IDS executives at this hour are still concluding arrangements with their bankers in Dubai and filing government licensing documents for the new combined entity. As soon as the executives return to the office, the market update will be released to Market Wire.
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IDS and HLS have concluded their bank meetings and are only requiring one additional government official document stamp for which the fees have already been paid to register the transaction documents. It is now 10:43 pm. In the UAE, Thursday and Friday are like our Saturday and Sunday in the United States so the government office will open Saturday morning in Dubai and the final document stamp will be put on the documents. This unforeseen delay in obtaining the final stamp is a formality and no further government agency approval for the deal is required.
IDS and HLS will issue the complete details to the wire services far in advance of the stock market opening on 08/28/2006.
Additionally, IDS and STS Joint Venture selling the HLS Bioflash Drive has received overwhelming response from both government agencies and GSA approved suppliers. The Joint Venture has received a steady stream of government orders around the clock in the last 24 hours under the OMB mandatory directive issued on August 10, 2006. Since it is a mandatory directive, GSA vendors, some who have ordered hundreds of units today, can immediately implement the HLS Bioflash security in any federal, state or local government agency. IDS and STS will issue a joint press release this coming Monday regarding all the government agencies' purchases and HLS Bioflash GSA implementation.
IDS has received requests to clarify certain points. Every investor purchasing IDS common stock (IDWD) will be eligible to receive the $2.35 cash per share from HLS, the 995ad.com distribution shares and the HLS dividend shares already received for stock holders who previously qualified (these Special Dividend shares have already been distributed to the IDS common stockholders in restricted form that owned IDS stock on the previously announced record date). It is necessary for IDS to separate the 995ad.com division into its own public company prior to HLS cash buyout of $2.35 per share.
IDS Clarifies Stock and Cash Distributions
Tuesday August 22, 2:56 pm ET
HLS and IDS to Release Pre-Market Update on Wednesday Morning
ORLANDO, FL--(MARKET WIRE)--Aug 22, 2006 -- IDS Worldwide, Inc. (Other OTC:IDWD.PK - News) reported earlier today that the 995ad.com division is concluding final negotiations to merge with a fully reporting publicly traded company in the next few days. 995ad.com will be the surviving company and will distribute shares to IDS common stockholders on a 1:1 basis for each share owned of IDS common shares at the time of the closing date. IDS shareholders must own the stock 3 days prior to the closing date to allow for the settlement of the trade in their respective accounts.
IDS has received requests to clarify certain points. Every investor purchasing IDS common stock (IDWD) will be eligible to receive the $2.35 cash per share from HLS, the 995ad.com distribution shares and also the HLS dividend shares already received for stock holders who previously qualified. It is necessary for IDS to separate the 995ad.com division into its own public company prior to HLS cash buyout of $2.35 per share.
Further, HLS and IDS will release a joint press release pre-market tomorrow after conclusion of Wednesday morning meeting in Dubai (Dubai time which is 8 hours ahead of United States EDT).
IDS 995ad.com to Become Fully Reporting Public Company
Tuesday August 22, 9:47 am ET
HLS and IDS to Release Pre-Market Update on Wednesday Morning
ORLANDO, FL--(MARKET WIRE)--Aug 22, 2006 -- IDS Worldwide, Inc. (Other OTC:IDWD.PK - News) reported today that 995ad.com division is concluding final negotiations to merge with a fully reporting publicly traded company in the next few days. 995ad.com will be the surviving company and will distribute shares to IDS common stockholders on a 1:1 basis for each share owned of IDS common shares at the time of the closing date. IDS shareholders must own the stock 3 days prior to the closing date to allow for the settlement of the trade in their respective accounts.
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Further, HLS and IDS will release a joint press release pre-market tomorrow after conclusion of Wednesday morning meeting in Dubai (Dubai time which is 8 hours ahead of United States EDT.)
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
Contact:
Contact:
For further information contact:
IDS Worldwide, Inc.
info@ids-worldwide.com
http://www.hlsworldwide.com
IDS Issues Clarification of Today's Earlier Press Release
Wednesday August 16, 1:37 pm ET
HLS Buyout Not Delayed Until October 5, 2006
ORLANDO, FL--(MARKET WIRE)--Aug 16, 2006 -- IDS Worldwide, Inc. (Other OTC:IDWD.PK - News) has received numerous calls and emails from investors incorrectly interpreting today's earlier release. The Special Dividend and its related CUSIP Number and SB-2 filing is only being done the 1st week of October to coincide with the quarter-end audits of September 30, 2006. These audits must be completed for the quarter to complete the SB-2 Filing which has been drafted with only the audits figured to be added at the end of the quarter.
The HLS cash buyout for $2.35 per share will not be delayed by quarter-end audits. The day after the tender documents are approved, IDS Worldwide, Inc. will announce pre-market that the deal is signed and closed for qualified shareholders of record for all outstanding common shares of IDS stock held by the public. If the paperwork is completed this week in Dubai the documents will be submitted immediately. IDS will not have any advanced notice of timing until it releases the pre-market notification that the buyout is tender offer is approved.
IDS Updates Special Dividend and Dubai Events
Wednesday August 16, 11:36 am ET
HLS Purchases Additional Property in Dubai Today
ORLANDO, FL--(MARKET WIRE)--Aug 16, 2006 -- IDS Worldwide, Inc. (Other OTC:IDWD.PK - News) reported today that HLS executives from Dubai confirmed that the necessary steps have been taken to finalize the Special Dividend issued previously to IDS common stockholders. IDS has been informed that the special dividend shares should receive a CUSIP Number by October 5, 2006 and shortly thereafter the company plans to file an SB-2 Registration to have the restriction lifted on the special dividend shares.
IDS has received numerous requests from investors regarding the timing of the HLS $2.35 cash buyout of all IDS common shares outstanding. At this point the terms of the buyout have been finalized, with public stockholders of IDS common stock receiving all cash of $2.35 per share and IDS insiders accepting a mixture of HLS Corporate Bonds and Stock. The timing for the beginning of the tender is predicated now on only two remaining factors. First, HLS must submit the formal tender offer documentation to the appropriate agencies. Secondly, the tender documents must be approved by aforementioned agencies. Upon such approval of the tender documents, HLS will be required to transfer $5 Million non-refundable deposited to IDS bank accounts. There are no terms left to negotiate and IDS will sign the deal upon approval of the cash buyout tender documents.
Additionally, today HLS and IDS executives in Dubai met with numerous banks, government officials and Sheikhs prominently involved with the massive construction projects in Dubai. After these meetings HLS decided to purchase additional land surrounding the New Dubai Convention Center to facilitate the IDS and HLS 10-year business model. A map of the location can be seen at (http://www.hlsworldwide.com) on the company page. Land in Dubai is appreciating double digits per quarter and should make this a very valuable investment long-term for the stockholders.
IDS executives will remain in Dubai for another 5 days before returning to Pakistan and then onward the 1st week of September with regards to 995ad.com transactions with Chinese partners.
IDWD has scam written all over it, IMO. They're not taking any investor calls to discuss the acquisition. That's more than likely because there is no such company as IDWD!
IDS Updates Homeland Security Worldwide (HLS) Offer to Acquire IDS Common Shares
Wednesday August 2, 12:41 pm ET
IDS Acquisition Talks Continue With HLS
ORLANDO, FL--(MARKET WIRE)--Aug 2, 2006 -- IDS Worldwide, Inc. (Other OTC:IDWD.PK - News) reported that it is continuing its acquisition talks with HLS. IDS and HLS representatives have been in meetings everyday for the last ten days. HLS requested and received that there would be no standstill agreement commencing August 7, 2006 to prevent them from acquiring shares in the open market lower than the buyout price of $2.35 if the deal was not closed by the August 4, 2006 close of business.
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IDS feels that when consummated the $2.35 per share will benefit the majority of the public stockholders. HLS has informed IDS that the buyout would still be an all cash offer. IDS again stresses that the buyout will not include the 995ad.com division which will have its own registration.
HLS had previously informed IDS it will use funding facilities with its current bankers and a $50 Million Bond offering overseas that has been planned previously for expansion and worldwide acquisitions. If accepted, its offer for IDS common stock will not involve stock but would be an all cash purchase offer.
IDS administrative offices will not divulge any further information not contained in this press release or take individual investor relations calls during these acquisition talks.
FHAL Last: 1.09 Change: +0.445(+68.99%) Volume: 5.8 m
looks like there should be some upside,
Initial estimates places the company combined financial structure and per share book value at $7.21.
The Fronthaul Group Inc. Announces Merger Agreement With Conversion Solutions, Inc.
Wednesday July 12, 9:56 am ET
KENNESAW, GA--(MARKET WIRE)--Jul 12, 2006 -- The Fronthaul Group, Inc. (OTC BB:FHAL.OB - News) would like to announce the signing of a Merger Agreement and Plan of Merger with Conversion Solutions, Inc., a Delaware Corporation.
The surviving entity will be Conversion Solutions, Inc.; FHAL day to day operation will cease immediately, and the company will operate as CVSU to include the Director and Officers as follows;
Surviving Board of Directors
Rufus Paul Harris Chairman
Ben Stanley Director
Jerry Bivens Director
John Walsh Director
Surviving Officers
Rufus Paul Harris Chief Executive Officer
Ben Stanley Chief Operating Officer
Darryl Horton Chief Financial Officer
Jerry Bivens Corporate Secretary
Romeo Venditti Executive Vice President of Global Investments
Sabra Dabbs Executive Vice President Investments
John Walsh Executive Vice President Administrations
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The Merger facilitates $803,149,146 in booked assets and shareholder equity. Initial estimates places the company combined financial structure and per share book value at $7.21.
Under the agreement CVSU will consume all obligations of FHAL as filed in the last FHAL 10Q.
"This Merger will greatly benefit the shareholders of FHAL and CVSU, and takes the corporation one step closer toward our long-term goals," stated CEO Rufus Paul Harris.
"This is a fantastic day for the shareholders of the Fronthaul Group, Inc. The management mindset has always been to increase shareholder value, I believe this next phase in the evolution of this company will maximize shareholder value in the most effective and efficient manner possible," says Mike Alexander.
Attention CVSU Shareholders, Note Holders and Option Holders; Please see Shareholder update on our website www.cvsu.us each individual will be required to complete the Form of Affiliate to achieve share exchange under the Merger Agreement.
About Conversion Solutions, Inc.
CVSU is a diversified holdings corporation, which was formed to originate, fund and source funding for asset-based transactions in the private market. CVSU's main service will be to acquire, fund and provide insurance to target companies in the currently underserved $15,000,000 to $100,000,000 asset finance market. Our funding will enable our businesses to compete more effectively, improve operations and increase value. CVSU is headquartered in Kennesaw, Georgia, a suburb of Atlanta. For more information, please visit us at www.cvsu.us.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause the actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.
Contact:
The Fronthaul Group, Inc.
Email Contact
At least they acknoledge that the shares will be restricted. Most of these buyouts don't say anything about the shares being restricted. It's nice to see somebody upfront about it.
Paivis, Corp. Provides Information Regarding the Exchange and Delivery of Shares as per the Recently Completed Merger With Jupiter Global Holdings, Corp.
Thursday June 29, 6:13 pm ET
ATLANTA, GA--(MARKET WIRE)--Jun 29, 2006 -- Paivis, Corp. ("PAIVIS" or the "Company") (OTC BB:PAIV.OB - News) provides additional information regarding the procedures that Jupiter Shareholders should follow in order to efficiently exchange their Jupiter common shares (the "Jupiter Shares") for their new PAIVIS shares ("Merger Shares") under the terms of the recently completed Merger Agreement with Jupiter Global Holdings, Corp. Specific details regarding the Merger Agreement and the Merger Shares can be found in the Company's Form 8-K filings made on April 25, 2006 and May 17, 2006 with the U.S. Securities and Exchange Commission.
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The Merger Shares to be received by the Jupiter Shareholders are "restricted securities" as defined by Rule 144 promulgated under the Securities Act of 1933. The Merger Agreement provides that the Merger Shares will not be registered under the Securities Act, or the securities laws of any state, and absent an exemption from registration contained in such laws, cannot be transferred, hypothecated, sold or otherwise disposed of until; (i) a registration statement with respect to such securities is declared effective under the Securities Act, or (ii) PAIVIS receives an opinion of counsel for PAIVIS that an exemption from the registration requirements of the Securities Act is available.
Due to the effectiveness of the Merger, the former Jupiter Shareholders have now been registered on the transfer books of the Company but certificates representing the Merger Shares can only be issued in accordance with the Merger Agreement, particularly the Exchange of Certificates Section 1.09 (i), whereby the Jupiter Shareholders must surrender their Jupiter common share certificate(s) to the transfer agent of PAIVIS, in order to receive their Merger Shares certificate.
PAIVIS provides its new shareholders from Jupiter Global Holdings, Corp. the following instructions to complete the receipt of their Merger Shares:
A. If you owned shares in Jupiter as of May 23, 2006 that were held in
certificate form, please forward your Jupiter common stock
certificate(s) to PAIVIS' Transfer Agent to be exchanged for your
Merger Shares. PAIVIS recommends that you retain a copy of your
certificate(s) before mailing the original to the PAIVIS Transfer
Agent ("Executive Transfer"). You do not need to endorse the
certificate for transfer or include any stock power transferring
the certificate.
B. If you owned shares in Jupiter as of May 23, 2006 that were held in
a brokerage account, your broker is your key contact that can help
you receive your Merger Shares. All Jupiter shares that were held
in a brokerage account are beneficially held for you and are
considered "street name" shares and therefore you are the
beneficial owner of those street name shares. These street name
shares for Jupiter shareholders are represented on the stock books
of Jupiter by CEDE and Company (CEDE and Company is the nominee
name for Depository Trust Company). Therefore your broker through
its relationship with CEDE and Company holds your Jupiter shares
for you beneficially. Executive Transfer is currently working with
CEDE and Company, and indirectly with your broker, to process the
issuance of your Merger Shares and the cancellation of your Jupiter
Shares. You must contact your broker to have them help you in
surrendering your Jupiter Shares so you can receive your
certificate representing your Merger Shares. The most practical way
of accomplishing this is for Jupiter shareholders that have their
Jupiter Shares in a brokerage account, to have your broker
surrender your shares to Executive Transfer for you. Specifically,
ask your broker to surrender on your behalf to Executive Transfer
your Jupiter shares that they and CEDE and Company beneficially
hold for you. Since you must surrender your Jupiter Shares as per
the Merger Agreement, and your broker holds your street name shares
for you, your broker must assist you in the exchange and surrender
of your Jupiter Shares to Executive Transfer. If your broker has
questions, have them contact Executive Transfer at the phone number
given below for specific details on the exchange process by
brokers.
C. Lastly, because of the terms of the Merger Agreement, specifically
section 1.09 (i), it is imperative that you undertake the exchange
of your Jupiter Shares as soon as possible, as you will not be able
to effect any transactions in your PAIVIS shares, such as receiving
dividends if declared, until the exchange of your shares is
properly completed.
D. The transfer agent for Paivis is Executive Registrar & Transfer,
Inc. 3615 South Huron Street, Suite 104 Englewood, CO 80110
Jack Donnelly Ph. 303-783-9055 ("Executive Transfer").
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") 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
Yes but making for a nice flipper
this IDWD/HLS deal is getting a lot of press releases, considering it is just a letter of intent that has not yet even been signed,let alone accepted.
It's going to be interesting to see who sells off into the announcment of this deal.
IDS Updates Homeland Security Worldwide (HLS) Offer to Acquire IDS Common Shares
Thursday July 13, 2:28 pm ET
HLS to Submit Formal Written Offer by July 20, 2006
ORLANDO, FL--(MARKET WIRE)--Jul 13, 2006 -- IDS Worldwide, Inc. (Other OTC:IDWD.PK - News) reported that it had concluded meetings with the executives of HLS today and HLS executives will be returning to Dubai this weekend. HLS has informed IDS that upon their return to their headquarters on Monday they would have their advisors immediately draft a formal written offer to acquire the outstanding shares of IDS common stock for $2.35 per share. HLS purchases in the open market from the public float and limited purchases from restricted stock of insiders will allow HLS to achieve majority control.
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IDS feels that when consummated the $2.35 per share will benefit the majority of the public stockholders. The buyout will not include the 995ad.com division which will have its own registration.
HLS has informed IDS it will use funding facilities with its current bankers and a $50 Million Bond offering overseas that has been planned previously for expansion and worldwide acquisitions. If accepted, its offer for IDS common stock will not involve stock but would be an all-cash purchase offer.
HLS has increased its offer to $2.35 per share and informed IDS upon acceptance of the offer HLS would have its banker JPMorgan Chase set up the appropriate closing escrow accounts. IDS has informed HLS that upon acceptance of the offer HLS will have to pay a $5 Million non-refundable deposit to be placed in the escrow accounts till closing.
Lyamec in Agreement With Grifco on $2.25 Per Share Offer
Friday July 7, 7:00 pm ET
LONDON, July 7 /PRNewswire/ -- Lyamec announces that it has reached an agreement with Grifco (Pink Sheets: GFCI - News) to move on the USD $2.25 per share offer: "We look forward to receiving fully executed documents in the upcoming days, and look forward to move to closing." Lyamec states acquisition initiatives on the 5 year outlined USD $76.5 Million GPC approved Libya facility entails an additional premium of USD $28 Million to be paid directly to Lyamec. In a statement by Interim CEO RG Raymond, "Clearly, it would be an unwise decision on anyone's part to perceive that any offering to acquire a majority stake of Grifco at this stage will lead to leveraging their position on the Libya facility without our approval, regardless of Grifco's current assets and or commercialized tools and products. Notwithstanding this, Grifco is now to resume consolidating its assets for closing."
The Global Oil Tools Libya facility in Misurata is strategically located to provide ready access to critical key distribution points from which Global can deliver tools to regional customers on a just-in-time basis. Global's advantage in North Africa is the ability to provide a localized, fully integrated development, manufacturing and shipping facility over competitors shipping tools from distant distribution centers.
About The Lyamec Group
The Lyamec Group (www.lyamec.com) was established in 1999, to fulfill the existing and expanding demand for U.S.-made products. The Lyamec Group provides vital assistance in laying unique and integrated platforms with cross-border assets to further streamlining efficient and effective opportunities and solutions.
Global Oil Tools (Pink Sheets: GFCI - News) is ISO 9001 and A.P.I. Spec. 14A certified and Quality Assurance Program conforms to all specifications set forth in ISO 9001 (ANSI/ASQC Q91) and A.P.I. Spec. 14A. Global has strict quality control standards, starting with the purchase of raw materials, through the manufacturing process, the inspection process, and the shipping process. Global maintains complete traceability on every product manufactured.