PAIVIS Corp (fka PAVC)

[tax_man]

ajman, I give them a 'D+' for the quarter. It wasn't a complete and utter failure. I am glad they reduced expenses, but the fact that revenue fell is for me the most unexpected disappointment. If anything, I'd expected to see a significant increase in revenue accompanied by a slightly higher net loss.

I definitely don't think the report is good and won't translate into increased buyer interest in the near future though. Not in my opinion. You can't have falling revenue, an increasing net loss/share over the previous quarter and expect it to lead to a buying frenzy. I really don't think we'll see a big pop as a result of this news, but I could be wrong I guess. I hope so. We'll see what happens tomorrow.

Until we see terms for the Detroit deal, assuming it proceeds well, I think we'll trade around the same range we've been trading for the past few weeks, edging down slightly until the next news or another trading anomaly.