I wont make any comments regarding other posters
((HEY POIUY & TAX,
What's your take on these two ( Braden & Soud )?...Jimi.))
I will comment on what I am seeing. This is no surprise to me. Anybody that has read my posts knows I have said many times that I expected to see news of mergers, acquisitions and etc.
I was correct as they announced in one day that they were acquiring 2 companies and another company was acquiring them.
IMO, this is still a giant sham. No terms have been announced and until we see the terms, see the deals go thru and see the results, there is no way to know for sure if it is legit or a sham. My opinion is that is a sham, but that is just my opinion and I cannot factually state it is a sham.
I look at it like this. If current PAVC shareholders make money on these 3 deals, then all is good. If current PAVC shareholders do not make money then all is not good.
There is no way of telling what current PAVC shareholders will end up with as they conveniently did not list the important aspects of these deals. Do PAVC shareholders get a cash buyout that puts immediate cash/profits in their pocket or will PAVC shareholders be shown a rosy picture, have everybody cheer and applaud, only to end up with restricted shares in yet another iffy company with possible RS's and heavy dilution to follow?
When this was JPHC company painted a very rosy picture claiming they had a guaranteed CASH buyout price from a current large player in VOIP. Obviously that was not true as they sold out to APO a troubled health-care company that obviously was not a large player in VOIP. The guaranteed cash buyout that everybody claimed would put immediate cash in shareholders pockets turned out to be very far from what they claimed. Shareholders got restricted stock in the new company and then endured the fiasco of the company filing for a RS, but then saying they were not going to do it and it was just a ploy to trap shorts. Yet they did do the RS and announced it with 20 minutes left in the trading day and to go in to effect the next day, which did not allow anybody to see the news and sell if they wanted to. PPS tanked 99% and here we are.
My opinion is the terms will be painted to look great but will be anything but great. I hope sincerely that PAVC shareholders walk away from these 3 deals with either CASH or FREE TRADING STOCK with a hefty premium to current levels. However, my gut, my brain and my common sense leads me to believe current PAVC shareholders will not get CASH or free trading stock at a hefty premium. I suspect as I said, it will be painted to look great but shareholders may end up with restricted shares in yet another company and then the RS and dilution game starts all over again.
However, until we see the terms, see each deal go thru and then see actual real factual results, all one can do is speculate.
I do find it suspect that they did not state that PAVC shareholders will receive cash or a hefty premium in a new free trading company. They know the terms but they did not put it in the PR(s). If PAVC shareholders were going to get cash or a hefty premium of free trading stock in a new company, I think they would have said it 5 times and placed it in bold print for all to see.
My opinion is everybody will applaud and down the road they will cry. Just my opinion though. Each investor must form their own opinions/conclusions and act as they see fit.
BTW, what happened to the PR saying AMERICAN EXPRESS WAS BUYING PAVC? The company that announced they are buying PAVC is a cash strapped OTC with issues. It certainly is no American Express imo.
GLTA/PR
AI
