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poiuyt20011

10/09/07 11:07 AM

#21250 RE: Joe Monster #21183

It doesnt?

((Trustcash will acquire all of the issued and outstanding Common and Preferred shares of Paivis and its subsidiaries; on a share for share basis))

You say :

((it doesn't say a share for shares basis, so I assume 1 for 1))

It does say on a share for share basis but the ratio of shares to shares has not been announced. If you wish to assume it will be a 1 for 1 be my guest.

I do not think it will be a 1 for 1 unless they lock the shares up for a long, long time or change the share structures so a 1 for 1 was equal. If a 1 for 1, would not every person on the planet buy PAVC at .16 knowing they will be swapped shortly on a 1 for 1 basis of a stock trading at $1? Yes. Only a fool would not buy a stock at .16 if they knew very shortly it was going to be swapped out for an equal number of shares worth $1 or more.

Common sense IMO.