Replies to post #24253 on PAIVIS Corp (fka PAVC)

[Soapy Bubbles]

From the filings, I agree. But hey, this is a play for a dime. We'll see what happens.

With the VC support from TCHH, I think we'll be ok.

[Dallas66]

Tax, go back and read my post # 24031. Specifically:

SECTION 1.08 EXCHANGE AND SURRENDER OF CERTIFICATES

Though it doesn't mention a "PAYMENT" date, it does specify that enough money to cover the $0.10 per share be deposited on the next business day after the merger into a bank, trust company, or with an escrow agent. That is a positive sign...and it further states and uses the word "promptly" to indicate a time frame for shareholders to receive surrender documentation and payment once surrender has been completed and satisfied.

I personally am expecting a couple months before all surrender data is sent out, but I will be in touch with the TA on a face to face level once the merger is completed. Not that I don't trust them...but I've been in this for over 3 years now and have experienced more than I cared to with RRUN/JPHC/PAIV/PAVC...and their management.