PAIVIS Corp (fka PAVC)

[nukuhiva]

Bigdog I just sent this complaint to the SEC .

2 months ago JPHC (JUpiter Global Holding )merged into PAIVIS Corp (PAIV.OB )and we were supposed to received a ratio of restricted shares . These shares are still not showing up in my account they got a N/A synbol without any explanation. We are supposed to received the certificates as well . Paiv is going to issue a dividend on these shares ,but they need to be in the account first .. 2 months and still waiting . AMERITRADE is short on this security ... PAIV is number one on the SHO list with a total of 250 millions shares short only for the first two weeks of july , when the float is only 56 million !
How long this scenario will last ? How can the SEC allow what is essentially counterfeiting and theft—not to mention fraud—to continue unabated? The penalty now under reg SHO is that if the offending party that originally perpetrated the fraud doesn't cover the naked short within 13 trading days, the broker is barred from shorting any more on behalf of that account! ! I
Thank you for your reply ..and action