PAIVIS Corp (fka PAVC)

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About Paivis Corp.

Paivis Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards; these calling cards are currently in approximately 5,000 retail outlets in the U.S. Current retail distribution reaches over 5,000 locations, generating approximately $7 million in annual revenue. Paivis is poised to increase this distribution each month. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets, including Duane Reade, 7 Eleven, and Chevron and marketed through important distribution agreements. Paivis focuses on marketing its phone cards to many ethnic communities that generate high levels of international traffic. The cards provide access to more than 230 countries.

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http://biz.yahoo.com/iw/070802/0285910.html

Acquisition Would Add $30,000,000 in Revenue to Paivis Corp.; Acquisition Would Put Paivis in Higher Margin Prepaid Cellular Business; Acquisition Will Expand Distribution Channels; Acquisition Should Improve Infrastructure Efficiency
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