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07/23/06 3:33 PM

#6791 RE: nukuhiva #6787

IMO looks like a forward split + another class of shares

bolds, brackets and italics = mine


https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?lx8nvq=mOW0MOy4g1qOh6B9UES11g%253d%253d&CorpName=PAIVIS%2c+CORP.


Previous Stock Value:

Par Value Shares: 125,000,000

Value: $ 0.0002


No Par Value Shares: 0

Total Authorized Capital: $ 25,000.00



New Stock Value:

Par Value Shares: 25,000,000,000 [ 200 x 125M = 25B ]

Value: $ 0.0002 [ x 25B = $5M]



Par Value Shares: 15,000,000

Value: $ 0.001 [ x 15M = $15K]


No Par Value Shares: 0

Total Authorized Capital: $ 5,015,000.00




and see Bauer's and Randhawa's Form 3 filings:

http://www.sec.gov/Archives/edgar/data/1076607/000110801706000497/xslF345X02/primary_doc.xml

http://www.sec.gov/Archives/edgar/data/1076607/000110801706000496/xslF345X02/primary_doc.xml


haven't spent much time reviewing all this, but it definitely appears to be a forward split IMO.