PAIVIS Corp (fka PAVC)

[same53]

Charlatan From what I have learned

Paivis and JPHC have done everything Legally and have not done one thing wrong. JPHC was heavily NSS for months.
IMO this was an orchestrated move by the Illegal Naked Shorters to cover.This has been going on for years by Market makers as we know. Ameritrade IMO should be held accountable, will they probably not. The ones who sold on Friday all knew the shares were restricted and unregistered as did Ameritrade. It was Illegal period.

As you state it is in the PR and the 8K that state restricted and unregistered.
The parties that screwed up is Ameritrade and the ones who sold IMO. Read my previous post. I have been here since last September and have spoken to managemnt at diferent times. They did all legally that was reqired for this merger and divedend.
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Still confused..

Theres a pretty good thread about PAIV over at Allstocks.com. I've read thru the 8K and the 14F-1. I've also read thru the SEC section 4 and 5 about securities.

I'm completly at a loss. In one form it would appear that it describes the shares as an exchange for "comon" stock. However in the 8K and previous PR's it states them as "restricted".

Now one thing I have concluded is that the shares that were exchanged were not "registered" shares. It states that in every form filed and every PR. It clearly states they are not "registered" shares. Correct me if I am wrong but a non registerd stock cannot be traded in any form or fashion. That it would take a vote of the board/shareholders and at that point they would have to be registered with the SEC.

Now, in the form 14F-1 it states that the shares are being converted into common stock of PAIV. Is that all that is needed to lift the "unregisterd" status ? Please no forum wanna be Legal experts. Just the facts ... Anyone else found or spoken to someone that has a clue a this point ?

I do not see them making the sellers buy there shares back. I do however see a halt on trading and all sells reveresed. It's obvious at this point that TDA sold virtual shares since they had not been delieverd at the time of sale.

God this is confusing ... I need a ciggarette.

Char