ROFLMAO: Paivis, Corp. Expects Planned Spin-Off Transaction to Boost Shareholder Value
Tuesday January 13, 2009 17:10:53 EST
ATLANTA, GA, Jan 13, 2009 (MARKET WIRE via COMTEX News Network) --
Paivis, Corp. (PINKSHEETS:PAVC) ("PAIVIS" or the "Company") today provides additional information to its shareholders about the intended benefits from its planned spin-off of part of its operations into another public company.
The Company's reasons for executing a spin-off transaction of this type include among other things, to dividend the shares of this new public company to Paivis' existing shareholders and to take advantage of strategic opportunities without taking on additional debt.
The Company believes this dividend strategy is a great mechanism to boost shareholder value.
About Paivis, Corp.
