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that is correct sir....and Lindy....I remember well, they both volunteered...lol
pa, if you get to keep all your ORIGINAL totals...hows about you pitching in with lindy and tracky on that new vette for me...or maybe the new tires for AJ's when I pass my current vette on to him? lol
believe me, myself and a few others that have been in this stock for a long time spent hours educating the broker frontline phone peeps about this stock...not to mention a few of the higher ups.
hey TG...good to see your still around. I talked to the TA earlier this week and they continue to say end of month to first week of May. Lets hope they are correct. They have been extremely professional and up front with me each time we speak, and certainly appear to be making every effort to get this problem resolved.
interesting...I show something different
0.0211 575000 OTO 16:04:23
That was in DEC of last year that TDA gve me that info. We all know the brokers can and will change their minds as the wind blows. Once I have my cert in hand, I will do some checking again to see if they still handle them. I see no need to wst my time with them until I have the physical cert in my possesion.
Your broker should forward your cert to you. The TA sends them to the broker so they can validate the quantity of shares they will strike from their books in your account. That is their "proof" that you hold the shares and they are no longer liable.
Trader, that is to process the 144 paperwork to SELL the restricted shares. TDA did not charge me to have them issued.
Argo, long time since you've been around buddy. The TA and the company have ZERO say in who holds the certs. If your broker is willing to hold them, that may save you a few days snail mail time. Keep in mind there are very detailed requirements for selling 144 shares between year one and two. If the company isn't compliant with SEC requirements (such as filings), they may very well refuse to accept the request to remove the restricted legend for a period of time. I may need to get into the RE business as well at some point...I currently am a passive investor in REIT's...have been for years and do quite well on the return. GL.
TDAmeritrade is unfortunately still my broker, and they have told me they will handle restricted certs and process the paperwork for I believe $200.
hey guys/girls, go back and read a few of my posts over the last week. The TA will send our certs to our respective brokers, who will in turn use them to validate our accounts and strike that quantity of shares from our accounts. Keep in mind they may very well continue to show in your gainskeeper, as this is a third party service that our brokers do NOT control the content of.
The reason it is done in this manner is for broker liability. They are responsible for our shares until they receive/forward the certs to us. Once they validate the certs and mail them to us, they will no longer be held accountable for that quantity of shares, and we are free/forced to contact any broker we choose to assist in the sale of these restricted shares.
I say free/forced because some brokers refuse to handle restricted shares, so you may have to seek out an alternate broker, and my understanding is our northern friends in Canada will have a difficult time finding a broker that will accept otcbb and below certs because of a new law up there.
The one year portion of our two year restriction under SEC rule 144 will be over next month. At that time, we will be eligible to sell 1% of the O/S each 90 days....AFTER the appropriate rule 144 paperwork has been filed and accepted of course. That info and process may be obatined through the broker that will be handling the sale for you...for a fee of course. GL
serfy, check out this link.
http://www.dtc.org/impNtc/ope/ope_1376-07.pdf
OT: check this out...the eagletech lawsuit against the big boys.
http://www.internationalshareholdersgroup.com/
OT: check this out...the eagletech lawsuit against the big boys.
http://www.internationalshareholdersgroup.com/
OT: check this out...the eagletech lawsuit against the big boys.
http://www.internationalshareholdersgroup.com/
the entire authorized share count was subject to both the ratio from JPHC to PAIV, and the R/S from PAIV to PAVC.
wombat, I gotta disagree with you on the part about the company owing us nothing. They are a publicly traded company, and by that alone they are responsible to the shareholders. I am hoping they come out with an outstanding filing that reflects he details of this sale so we can see what benefit it brings to the company AND us shareholders.
oh no....the conversion is as you said, and the 200:1 R/S DID take place.
I just noticed in my gainskeeper (TDAmeritrade) it now shows my PAVC restricted shares after the R/S....no more JPHC shares. I wonder if the new TA is making progress quicker than we expected.
read my past few posts over the past week...that will fill you in on where we stand right now.
what reasons do you have for this to move up that high? The company hasn't put out any viable news for 6 months, and with an O/S of ~299m and float of ~12m...you would think they are poised to do something...but what. With the vol and pps up so dramatically today...is there news coming about the purported acqusition of Talon Corp? TIA
Jupiter Global Holdings (JPHC) merged with APO health (APO) and changed the ticker to PAIV...then sold APO health to Jan Stahl, the original owner of APO health for $1. Stahl took all the problems of APO health with him..ie ..lawsuits. Paivis then changed the ticker to PAVC with an R/S of 200:1, which is where we stand at this point.
yes, and I would bet it drops right back down by EOD. Since the announcement of the split...this thing has tanked...and after the teh split was recinded...still nothing, until now.
I did get clarification on the cert issuance to a point. It is standard procedure for the Transfer Agent to send a requested cert to the requesting broker. This is how the broker obtains verification of the issuance, and releases them from any further liability for those shares in your account. The broker can then strike those shares from your account, and they in turn mail your cert to you. The question is...will the brokers automatically send the certs on to us. I would think they would, but according to the TA, some brokers will hold the physical cert for a client. I'm not sure if we will need to contact our broker to ensure they deliver, or what. It may be to our benefit to allow the broker to hold the physical cert in the event we want to sell off some of our platinum shares for some pocket change....would shorten the process by a few days at least.
Spoke with the Transfer Agent about 15 minutes ago. I was informed that they expect to have everything worked out within 3-4 weeks. She said they are engaging the brokers and the DTCC to sort out the share structure, and determine who is entitled to how many shares. I also questioned about who would take physical possession of the certs. She informed me they would in fact be mailed back to the broker. I reminded her of the corporate PR put out by PAIVIS stating the physical certs would be mailed to the individual owners at their personal residence. She stated the company was WRONG in making that statement....the certs go back to the originating broker, and they have two options. Either mail each of us our certs, or hold the certs and reinstate our shares in our accounts. I mentioned my concern with the broker holding my certs because of shorting possibilities. She assured me the broker can NOT short a physical cert as they are not included in their bulk cert for that security. She said the broker must have our written permission in order to utilise our physical cert in any form or fashion. I have not been able to contact the company for several weeks now, so I have no idea what their opinion is. I would suggest ensuring you have a plentiful supply of K-Y on hand....FYI...PAIVIS phone number that I have is 404-601-2885...have left numorous voice messages to retun my call...no luck. Also, my understanding is CANADIAN brokers no longer handle certs for otcbb level securities...don't know how true it is...but canadian friends have told me this is the case...seems some may have problems with this cert thing now. GLTA
Holliday Texas is about 10 miles WSW of Wichita Falls. Location is at the intersecting hwys 82, 440, and 277. Maybe you couldn't find it because it has two L's in it. GL
there are others of us out here feeling the same pain.
I found this little piece in the 8K
NASDAQ Listing . As of the Effective Time, Parent shall have satisfied all requirements in order for the shares of Parent Common Stock to be issued in the Merger to be listed on the NASDAQ Capital Market.
I would assume that will be at least one itme used to void the merger.
so I would think it is expected the merger agreement will be nullified soon in a PR?
thak you sir.
Analytical Surveys Announces Nasdaq Delisting
Tuesday April 3, 4:05 pm ET
SAN ANTONIO, April 3 /PRNewswire-FirstCall/ -- Analytical Surveys, Inc. (ASI) (Nasdaq: ANLT - News), today announced that on April 2, 2007, the Company received notice from the staff of the Nasdaq Stock Market (the "Staff") that the Nasdaq Listing Qualification Panel has denied the Company's appeal of the Staff's January 18, 2007 decision to delist the common stock of the Company. Accordingly, the Company's common stock will be delisted effective at the open of business on April 4, 2007. The Company's common stock will continue to be traded on the OTC Pink Sheets. Additionally, the Company will seek to establish relationships with market makers and commence trading on the OTC Bulletin Board as soon as practicable. However, there can be no assurance that a market for the Company's shares will develop.
ADVERTISEMENT
The Panel's decision to delist the Company's common stock was based on two continued listing deficiencies. First, the Panel noted the Company's non- compliance with Nasdaq Marketplace Rule 4310(c)(2)(B) requiring the Company to have: (i) a minimum of $2,500,000 in stockholders' equity as of December 31, 2006; (ii) at least $35,000,000 in market value of listed securities, or (iii) at least $500,000 of net income from continuing operations for the most recently completed fiscal year or two of the three most recently completed fiscal years. As reported in the Company's Form 10-QSB for the quarter ended December 31, 2006, the Company had stockholders' equity of $2,448,000 at December 31, 2006.
Second, as announced on July 27, 2006, the Staff's original decision to delist the Company was due to the Company's non-compliance with Nasdaq Marketplace Rule 4310(c)(4) requiring that the minimum bid price of the Company's common stock exceed $1.00 per share. In order to regain compliance with this rule the Company had to achieve a $1.00 minimum bid price for 10 consecutive trading days during the 180-day period ending on January 17, 2007. The Company was unable to regain compliance with Marketplace Rule 4310(c)(4).
ASI's Chief Executive Officer, Lori Jones, said that management does not expect the Staff's determination will have any impact on ASI's day-to-day operations. "While we are disappointed with the Panel's decision, we will continue normal operations and pursue merger and acquisition opportunities that can provide shareholder value. Our small capital structure and the limited number of shares outstanding has restricted the growth steps we can accomplish under Nasdaq Marketplace Rules. We plan to continue to meet our reporting obligations with the Securities and Exchange Commission and maintain corporate standards as we strive to build the Company."
Analytical Surveys, Inc., which has historically served the GIS markets, has recently transitioned its focus toward the development of oil and gas exploration and production opportunities. ASI's Energy Division is focused on high-quality exploratory and developmental drilling opportunities, as well as purchases of proven reserves with upside potential attributable to behind-pipe reserves, infill drilling, deeper reservoirs and field extension opportunities. ASI is headquartered in San Antonio, Texas. For more information, visit www.asienergy.com.
Can you direct me to the information that shows the company is working on various deals? I would love to see some progress in this company, but seems we are stuck in the bottom fo the barrel right now with not much hope of climbing out anytime soon. TIA
serfy, what company was/is DETXQ...can't find anything relating to that ticker symbol. TIA
oil up again today...we drop 20% after the close. what business is this company in?
yup...cant spell today
hey guys, I don't post a lot on this board, but just to get an idea of what can happen with a pharma stock when really good news hits...take a look at DNTN.....I think xkem will do the same thing when they get rolling. sorry if someone has already mentioned it.
we should fly right up past 2 cents on such market changing news....NOT
Some good news to pass along. I just spoke with the T/A and she stated they have received all the data from Donnelly. She said he turned over "everything" on tuesday 3/27/07. Per her comments, she feels within two to three weeks they will complete the verification process to determine who gets what....and hopefully...HOPEFULLY....they will be mailing certs out in less than a month. This is based on the assumption that they have accurate and complete records, as she said they received "several boxes of records" from Donnelly. We know Donnelly complained about getting crap records for months...and then finally said he did receive everything....so....take it for what it could be. I will again contact the TA in 2 weeks to see how they are proceeding. For now...it's a brighter day...we will learn more in two weeks. For those waiting on roundup shares...they should be included in this process.
Mr. Mackey, that is correct if you held JPHC shares. If you held only PAIV shares, it is just PAIV/200.
I tend to agree that it's being held down. With the volume we had today, you should have been filled easily.