Yes, but how many shares for how many shares is not stated. It only says the deal with be a share swap. It does NOT say it will be a 1 for 1 share swap and I am 99.999999% sure that if PAVC shareholders were getting a 1 for 1 swap of a stock over $1, they would have announced the terms.
IMO, the only way it will be a 1 for 1 is if they screw with the share structures and then give restricted shares.
Common sense. Does anybody really think that they are going to get a 1 for 1 swap in which you give up restricted PAVC shares with a .25 price and get an equal number of free trading shares that are worth over $1?
((The Agreement with Paivis, Corp. (``Paivis'') outlines the terms of an acquisition/merger wherein Trustcash will acquire all of the issued and outstanding Common and Preferred shares of Paivis and its subsidiaries; on a share for share basis))