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DD looked good here was seriously thinking about buying in. Guess it was good all my money was tied up in other stocks that are currently down lol.
Had 700,000 shares of this in my account......
....and then, about 5 years ago, they magically evaporated into nothing! LoL
* * $PACV Video Chart 06-15-18 * *
Link to Video - click here to watch the technical chart video
Dang just found out about the history of this stock on an article, so I'm guessing you people are the forgotten ones.. LoL
Long time!! I still have 11,558 shares of PAVC.... Anything possible with these?? https://www.google.com/finance?cid=88601752232994
Remember they merged?!
I'll take them all just tell me where to send the SASE.
and its worth how much??? lol same as mine...hog
It's way too late to write it off as a loss for 2014...you have to hook up with your broker and surrender your shares as a total loss in a defunct company. Not really sure what the exact process is, but I know it can take several weeks or longer to have them declared a total loss.....and of course there is a cost to do this from the broker...... or have sold prior to the end of the year at a loss....and remember...you can only write off $3000 per year as a loss.
Also.....the IRS and SEC both have very specific rules/requirements for what is classified as a "worthless stock". You now have a year to investigate and prepare to see if it is worth the effort. I believe "worthless stock" is deemed sold on Dec. 31 of each year, so that plays into it as well...for both short term and long term gains/losses as they are applied against the like kind. short term gains/losses offset each other as do long term gains/losses.
hope this helps a little
So does this even trade anymore? TIA
What's the best thing to do? Write it off as a loss or hold onto it and hope for a miracle? Thanks
PAVC man i remeber this SCAMOLA
keep the shares and hope by some fantastic miracle it comes back. ... I guess that is what I will do... lolzzz... had just noticed that I had tons of this in my account blaah... had never even bothered to hover over or click on the number before, 'till just a bit ago... lololzzz... or if I have done so in past... I don't remember
So do I ... somehow? ... does not show up as PAVC though
this is a dead stock...you can do a few things with it. Pay your broker to have them declared worthless and take the write off...and your broker will happily do this for you...for a price.
Probably won't have time to do it this year...typically takes a few weeks to a month or more depending on your broker.
Keep in mind you can only deduct I believe $3000 a year in stock losses.....something to verify as I haven't checked it for a few years.
You can get a cert by requesting your broker send it to you....again a cost to that as well.
Frame the cert and hang it over your toilet ...I did this
use the cert for toilet paper
keep the shares and hope by some fantastic miracle it comes back.
So what are we supposed to do with the shares in our accounts. Still showing the stock symbol as numbers.
I have a shares of this stock from 2007. Is it still worthless?
I have a shares of this stock from 2007. Is it still worthless?
The brokerage I referenced in the previous message was not Fidelity. It was my second brokerage account.
For me, I was able to get my brokerage company to tell me the right form to use to get my shares declared worthless. I'm done with PAIVIS.
What's the update on this?
I think I still have my actual certificate
things are lookin up...got some good stocks and makin some bacon...lol
Not really looking for anyone - just logged on and decided to check out the old board and saw your name there. Rufus sure did f..k a lot of people and I knew it the day I had wings with him at Hooters or where ever the hell we were lol... Anyway I hope all is well with you...
KB
I'm still around...most everyone else is gone....talked to Frank a few months back, and hyper I used to talk to all the time. But after the Rufus nightmare, I think most everyone pretty much scattered. You might be able to find some of them on Skype.
Dallas - any of you old timers still around...
I have not been on the boards in years...
KB
Howdy again!! Another year! :) God Bless all!
Happy New Year. From time to time, I check the Nevada Secretary of State website under Business Entity Search. Here are details on Paivis: http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=pOhgoMdo4O7RWW%252fE8ordZw%253d%253d
Entity Name NV Business ID Status Type
PAIVIS, CORP. NV19971159132 Revoked Domestic Corporation
Note: The Status has four categories:
Active
Default
Revoked
Dissolved
For some reason, Paivis has not been placed in Dissolved status. So, it could come back at some point if the appropriate fees are paid. This may be the reason the PAVC or PAVCE stock listing on brokerage accounts can't be removed.
Calculate Reinstatement Fees for
PAIVIS, CORP.
Item Fee
Reinstatement Fee $ 300.00
Annual List (due 4/30/2009) File This List Online Now! File Offline
$ 4,225.00
Annual List Late Fee $ 75.00
Annual List (due 4/30/2010) File This List Online Now! File Offline
$ 4,225.00
Annual List Late Fee $ 75.00
Annual List (due 4/30/2011) File This List Online Now! File Offline
$ 4,225.00
Annual List Late Fee $ 75.00
TOTAL*
$ 13,200.00
* These fees are current as of today's date of 01/07/2012 09:55 AM but can change based on events occurring on future dates and do not include the state business license fee. Calculated fees do not include fees and penalties if the entity is in default or revoked status due to resignation or other registered agent deficiency or is on administrative hold. For these types of inquiries please contact our office.
Add another $4,300 for 4/30/2012.
WOW!! Hi all! Time passed is nice to look back on! :) I still have a piece of paper with 85,000 shrs on it. Paivis. Slowly decaying.......... What a lesson! :)
most everyone is still on skype...but not on the "board" we had set up. I talk to a few peeps now and then, but haven't talked to KCC in well over a year.
How are you Dallas - you guys still hanging out on the skype board. I don't even have skype on my lap top any more. Man we were dreamers with this one. Hell I bet KC still thinks it's going to make us millions LOL.
Anyway have a good one old friend.
KB
KB...how ya doin. and Frank told me you and Rufus were pretty tight after a dozen beers....lol
I had lunch with Rufus near Atlanta once long ago - I knew that day we were screwed. Glad the SOB is in jail...
T (KB)
no, i was just replying to trentp1969's question about Rufus.
Any info showing connection to PAVC
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Important Sites
Paivis Homepage
http://paivis.com/
TrustCash Homepage
http://trustcash.com/site2/
SEC Info on Paivis
http://www.secinfo.com/$/SEC/Registrant.asp?CIK=1076607
SEC Info on TrustCash
http://www.secinfo.com/$/SEC/Registrant.asp?CIK=1157688
TrustCash's IHub board
http://investorshub.advfn.com/boards/board.asp?board_id=9729
Sec Official Site on Paivis
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001076607&owner=include&count=40
Investor Relations
1-800-963-6471
Transfer Agent
Corporate Stock Transfer, Inc. T A
3200 Cherry Creek Drive South
Suite 430
Denver, CO 80209
Shari Humpherys, Secretary/Manager of Operations Department
Fax (303) 282-5800
Phone (303_282-4800
Corporate Contact
3475 Lenox Road
Suite 400
Atlanta , GA 30326
PH: 404.601.2885
FAX: 404-963-0357
PAIVIS CORP. (OTCBB:PAVC)
Paivis Corp is a leading provider of prepaid and stored value telecommunications solutions. Founded in 2006, Paivis Corp. was successful in acquiring a major prepaid company established in 1998. Paivis focuses on creating lines of prepaid products and services, including over 10 brands and a distribution network of over 8,000 storefronts with access to more than 230 countries.
From long distance to cash debit cards, Paivis Corp provides the technology platform that facilitates successful delivery of a myriad of prepaid products and services to end-users throughout the world.
Paivis Corp has developed dynamic, innovative products to further its growth. The complete Paivis Corp product suite includes Prepaid Calling Cards, Prepaid Wireless and Stored Value Card.
The Paivis Corp team is dedicated to providing the most economical prepaid solutions with the highest level of support to our customers.
With experienced leadership, an entrepreneurial focus and the power of Paivis Corp's global network, the Paivis Corp family of products is positioned to carry the company strongly into the future.
Management
Edwin Kwong - Interim President, CEO & CFO
Mr. Kwong has over five years of experience as a public company CFO, and over ten years of experience as a management consultant to small growing Companies, both public and private. He has worked as a consultant for Hopewell Holdings, Manulife Financial, Ernst & Young in Asia, and with Intria Items Inc., a financial technology company. Mr. Kwong previously served as a consultant to Paivis, Corp. and various subsidiaries. His experience and background in finance and project management has helped his clients navigate through difficult growth phases. Mr. Kwong has a Bachelor of Commerce from the University of British Columbia, and a Graduate Diploma in Asian Management from Capilano College.
Pinksheets
http://pinksheets.com/pink/quote/quote.jsp?symbol=PAVC#getQuote
TRUSTCASH
ABOUT TRUSTCASH
Trustcash Holdings, Inc. (TCHH-OTCBB) was founded in 2003 developing a technology platform focused on selling stored value cards that can be used by consumers to make secure and anonymous purchases on the Internet without disclosing their credit card or personal information. In 2004 and 2005, THCC established a distribution system for its cards primarily through retail outlets, and began initiating activities to contract websites for the use of its cards. In 2006, the Company began to integrate its technology with numerous websites, initially in adult entertainment industries. It also upgraded its technology platform to allow the purchase of 'virtual' cards through its own website www.trustcash.com or any of its content partner websites.
The Company has since established itself as the leader in this new payment processing concept by establishing relationships with over 1000 web site partners, as well as thousands of retail outlets. Its proprietary technology and processing system can support a high volume of transactions while insuring that privacy and security to the consumer is maintained. Its appeal is expanding beyond the adult industry to a growing market of mainstream internet consumers concerned about privacy and security.
Stored value cards are one of the most dynamic and fastest growing products in the financial industry. More than 20 million users in 2006 are expected to double to 49 million users by 2008, creating over $72 billion in transactions. Experts put this industry in the introductory or early growth stage of the life cycle. (Federal Reserve Bank of New York, 2006).
When a consumer purchases a Trustcash card, they receive a unique 12 digit anonymous access code and are able to use it as a payment option (just like a credit card). Purchases are deducted from the remaining card balance, which can be used for as long as card value remains. Trustcash reimburses the web site partner for the purchases made with the card, less a processing fee.
Trustcash LLC became Trustcash Holdings, Inc. in April, 2007 as the result of a merger, and is expanding its Trustcash brand and payment concept to a range of new markets and distribution systems.
Trustcash Holdings, Inc. and Paivis, Corp. Announce Commencement of Plans to Integrate Systems and Joint Venture on Certain Business Projects as Preparation for Merger Combination
Tuesday February 19, 10:04 am ET
News Regarding the Merger Between Paivis and TrustCash
Paivis to Immediately Implement Plan to Push Trustcash to Close Merger Before Mid August
Monday June 30, 10:54 am ET
http://biz.yahoo.com/iw/080630/0411745.html
Trustcash Holdings, Inc. Shareholder Update
Thursday June 26, 8:15 am ET
http://biz.yahoo.com/iw/080626/0410779.html
Paivis Corp. to Seek Range of $0.04 to $0.05 per Common Share for a Dutch Auction With Trustcash
Thursday June 26, 9:30 am ET
http://biz.yahoo.com/iw/080626/0410858.html
Trustcash Holdings, Inc. and Paivis, Corp. Announce It Has Received the Final Installment of Merger Costs Financing From Mistral Ventures, Inc.
Tuesday June 3, 8:15 am ET
http://biz.yahoo.com/iw/080603/0402975.html
Paivis, Corp. Announces It Has Completed the Final Part of Its Review of Trustcash
Thursday May 29, 10:38 am ET
http://biz.yahoo.com/iw/080529/0401390.html
Trustcash Holdings, Inc. and Paivis, Corp. Provide Update on Merger Financing
Thursday May 29, 1:01 pm ET
http://biz.yahoo.com/iw/080529/0401847.html
Paivis, Corp. Announces It Has Completed the Second Part of Its Final Review of Trustcash
Monday May 19, 8:15 am ET
http://biz.yahoo.com/iw/080519/0398466.html
Paivis Corp. Announces Completion of Important Merger Agreement Deliverable
Thursday May 15, 8:15 am ET
http://biz.yahoo.com/iw/080515/0397480.html
Paivis, Corp. Provides Shareholders Additional Information on Its Merger Agreement Deliverables
Marketwire(Wed April 30 8:15am)
http://biz.yahoo.com/iw/080430/0391964.html
Paivis, Corp. Announces It Expects to Complete Certain Key Merger Agreement Deliverables by May 15, 2008
Apr 28, 2008 13:51 ET
http://marketwire.com/mw/release.do?id=849187&k=paivis
Paivis, Corp. Announces It Is Expediting Closing of Merger With Trustcash in the Month of May
Marketwire(Thu 8:15am)
http://biz.yahoo.com/iw/080424/0390109.html
Trustcash Holdings, Inc. Announces Moving of Offices to Atlanta, GA
Marketwire(Mon, Apr 21)
http://biz.yahoo.com/iw/080421/0388589.html
Trustcash Holdings, Inc. Shareholder Update
Marketwire(Fri, Apr 18)
http://biz.yahoo.com/iw/080418/0388153.html
Trustcash Holdings, Inc. Confirms It Has Purchased Paivis, Corp. Common Shares in the Open Market
Marketwire(Thu, Apr 10)
http://biz.yahoo.com/iw/080410/0385470.html
Trustcash Holdings, Inc. Announces Customer Service Integration With Paivis; Commitment to Merger
Marketwire(Wed, Apr 9)
http://biz.yahoo.com/iw/080409/0385214.html
Trustcash Holdings, Inc. Releases the Fourth and Final Segment of Its Chairman's Letter to Its Shareholders and Shareholders of Paivis, Corp.
Marketwire(Tue, Apr 8)
http://biz.yahoo.com/iw/080408/0384583.html
Trustcash Holdings, Inc. Provides Update to Shareholders
Marketwire(Fri, Apr 4)
http://biz.yahoo.com/iw/080404/0383721.html
Trustcash Holdings, Inc. Releases the Third Segment of Its Chairman's Letter to Its Shareholders and Shareholders of Paivis, Corp.
Marketwire(Fri, Mar 14)
http://biz.yahoo.com/iw/080314/0375037.html
Trustcash Holdings, Inc. Reserves Right to Purchase Paivis Common Shares in the Open Market
Marketwire(Thu, Mar 13)
http://biz.yahoo.com/iw/080313/0374438.html
Trustcash Holdings, Inc. Releases Part Two of Its Chairman's Letter to Its Shareholders and Shareholders of Paivis, Corp.
http://biz.yahoo.com/iw/080312/0374016.html
Trustcash Holdings, Inc. Releases Chairman's Letter to Its Shareholders and Shareholders of Paivis, Corp.
Marketwire (Tue, Mar 11)
http://biz.yahoo.com/iw/080311/0372866.html
PLEASE READ THE 8k/A BEFORE INVESTING!!!!
http://www.secinfo.com/d11Q1u.t2v.htm
Item 1.01 Entry into a Material Definitive Agreement.
On December 27, 2007 the Registrant filed on Form 8-K reporting that on December 20, 2007 Paivis, Corp a, Nevada corporation (“Paivis”) entered into an Agreement and Plan of Merger (the “Initial Merger Agreement”) with TCHH Acquisition Corp, Inc., a Nevada corporation and wholly-owned subsidiary of Trustcash Holdings, Inc. (“TCHH Acquisition”), and Trustcash Holdings, Inc., a Delaware corporation (“Trustcash”).
This Form 8-K/A reports that on February 5, 2008, Paivis, TCHH Acquisition and Trustcash amended the Initial Merger Agreement referred to above and entered into an Amended and Restated Agreement and Plan of Merger (the “Merger Agreement”). The Merger Agreement provides that upon the terms and subject to the conditions set forth in the Merger Agreement, TCHH Acqusition will merge with and into Paivis, with Paivis being the surviving corporation and a wholly-owned subsidiary of the Company (the “Merger”).
At the Effective Time (as defined below) of the Merger, pursuant to the terms of Paivis’ certificate of incorporation and the Merger Agreement, 100% of Paivis’ issued and outstanding common stock immediately prior to the Effective Time shall be exchanged for cash and stock as per the following:
Each issued and outstanding common share of Paivis shall be converted into the right to receive $0.10 payable to the holder thereof in cash without interest, plus one share of common stock of Trustcash.
The parties to the Merger Agreement have agreed to use their best efforts to consummate the transactions by March 31, 2008, or as soon thereafter as practicable (the "effective time").
The Merger Agreement contains certain conditions precedent to consummation of the Merger and other customary provisions, including but not limited to the audits of Paivis and its acquisitions being completed, financing being secured by Trustcash, respective shareholder approvals, obtaining consents, providing certified lists of shareholders and delivery of certain due diligence and other corporate documents.
A copy of the Merger Agreement is filed as Exhibit 10 to this current report and is incorporated by reference herein. The foregoing summary of the Merger Agreement is qualified by the Merger Agreement in its entirety. Exhibit 99 is a press release issued by Paivis on February 5, 2008 regarding the parties’ execution of the Merger Agreement and attached as Exhibit 10 is the Merger Agreement.
INSTRUCTIONS FOR UN-RESTRICTING YOUR MERGER SHARES:
The Process:
http://www.investorshub.com/boards/read_msg.asp?message_id=20808378
Definition Rule 144
http://www.sec.gov/investor/pubs/rule144.htm
Trading Complaints
Securities Market Regulation SEC phone # 202-551-5777
NASD Complaints
http://www.finra.org/index.htm
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22038629
State of Incorporation: Nevada
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=mOW0MOy4g1qOh6B9UES11g%253d%253d
PAVC Share Structure
A/S = 250,000,000.00
Par Share Value: $ 0.0002
Capital Amount: $ 50,000.00
O/S = Est. 93M per latest 8K filed on Dec. 27th, 2007
PAIV CUSIP numbers
UNRESTRICTED CUSIP # is 695793109
RESTRICTED CUSIP # is 695793992
APOA RESTRICTED CUSIP # is 00203J996
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