InvestorsHub Logo
Followers 350
Posts 46914
Boards Moderated 19
Alias Born 08/28/2001

Re: scion post# 25

Wednesday, 02/11/2009 2:16:35 PM

Wednesday, February 11, 2009 2:16:35 PM

Post# of 52
PAVC I see zero trades and a .0001 ask

I think they were promising a $1.10 buyout and last NR states this

Paivis, Corp. Confirms Shareholders to Receive, Through Dividend, Shares of Mistral Ventures, Inc. Upon Finalization of Planned Spin-Off

2009-01-14 17:08 ET - News Release


ATLANTA, GA -- (MARKET WIRE) -- 01/14/09


Paivis, Corp. (PINKSHEETS: PAVC) ("PAIVIS" or the "Company") today confirms its intention to dividend shares of Mistral Ventures, Inc. to Paivis' shareholders. This dividend would be planned to take place upon the finalization of the spin-off transaction.

As stated previously, management is committed to providing shareholder value in this challenging economic environment. The Company's reasons for executing a spin-off transaction of this type include among other things, to dividend the shares of the public company Mistral Ventures, Inc. to Paivis' existing shareholders and to take advantage of strategic opportunities without taking on additional debt.


Investing is for those who don't know how to trade

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.