PAIVIS Corp (fka PAVC)

[same53]

Great post TheKid

Paivis did nothing wrong. The sellers of the restricted shares will be buying them back EOM.
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Here are the answers from an experienced investor.

A few FACTS. Hopefully, you all will understand what has occurred after reading this.

1. Here is how stock is issued. The company (PAIV) delivers the stock to the Depository Trust Company. The Depository Trust Company then delivers the stock to the various brokerages.
2. Some brokerages (Scottrade, Fidelity, etc..) will not recognize a new stock until they have received it from the Depository Trust Company.
3. Other brokerages (obviously Ameritrade) recognize a new stock before they have "officially" received it from the Depository Trust Company. They allow the new stock to be traded and so on. These brokerages take a risk by doing this. They are acting on the trust that all will work out.

4. NOW, if these shares were not restricted, Ameritrade investors would have been hooked up....able to lock a solid profit before all of the others could get in on the action. HOWEVER, since the shares are restricted everyone who sold is going to get bit in the behind. READ BELOW (word for word from the press release)

The Depository Trust Company has confirmed with Paivis that no allocation of any Merger Shares has taken place by them due to the facts that the Merger Shares are restricted and that the Merger Shares have not been physically received by Depository Trust Company for further allocation.

Allow me to translate. (By the way, I don't think that they could have said it any more perfectly). They are saying that The Depository Trust Company has not allocated any shares. In other words, if shares are being traded, they are coming from somewhere else.......Ameritrade. There were 920 million shares traded today on a company that only has 55 million shares. OUCH. Run for cover. This stock price will go to .01 very quickly. From there, anyone's guess.

The winners in this mess: Anyone who bought today or Friday
The losers in this mess: Any JPHC holders who sold today or Friday (After all, you knew you were selling restricted shares)
Who is to blame: Ameritrade and the greedly sellers of restricted shares.
Who is at no fault whatsoever: Paivis
Will trading halt: Absolutely not, why would it. The company has done nothing wrong. Ameritrade has just chosen to allow for ficticious shares to be traded.
Lesson to be learned: Play by the rules!

This is the first ever post from a seasoned investor. Hope you enjoyed.
Kid