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PAIV - Multibag now ?

Started by lovethebag, May 22, 2006, 04:20:25 PM

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lovethebag

Stock was down from 0.0100 to 0.0007 in one day, and now its up 110%, last news:

QuotePress Release   Source: Paivis, Corp.

Paivis, Corp. (Formerly Known as APO Health, Inc.) Announces Corporate Development Plans and New Ticker Symbol - PAIV
Thursday May 18, 4:08 pm ET

ATLANTA, GA--(MARKET WIRE)--May 18, 2006 -- Paivis, Corp. (formerly known as APO Health, Inc.) ("PAIVIS" or the "Company") (OTC BB:APOA.OB - News) today announces corporate development plans, and effective Friday May 19, 2006 Paivis will have a new ticker symbol, (OTC BB:PAIV.OB - News).

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In an effort to prepare the Company for a plan to pursue a listing on NASDAQ or AMEX, the Company has commenced the implementation of an extensive corporate development plan. The Company's new management feels it is important to make quick decisions that will enhance the corporate structure and Paivis' ability to produce growth and earnings. The corporate development plans will include but not be limited to the following:

The re-development of the Company's business plan that, once complete, will showcase a streamlining of the Company's business lines and strategy around prepaid technologies and telecom-based services. Paivis plans for a reduction of debt through numerous efforts, including the recent sale of the APO Health subsidiary. This sale not only reduced significant liabilities from the Company's balance sheet, but will also save the Company exposure to multimillion dollar lawsuits that were pending against that entity.

The Company's new management and board of directors have decided there will be no spin-off of its entertainment interests. Instead the entertainment interests will be restructured or divested in due course, if viable. Paivis also plans to execute a reorganization of the Company's corporate holding structure whereby any dormant or non-performing business units or subsidiaries will be divested or discontinued and dissolved when feasible. The Company plans to additionally focus on securing financing to fund growth and acquisitions.

In addition, new management team executives will be brought in, along with new advisors and board members. Furthermore, the Company will implement a comprehensive corporate governance plan to guide the management and board in reaching its business and operational goals.

Gregory L. Bauer, New President and Chief Executive Officer of Paivis, commented: "We plan to work diligently to achieve a listing on NASDAQ or other securities exchange such as AMEX and our corporate development plans will be a key aspect in achieving that goal. We look forward to activating our plan and believe its successful execution will reap significant benefits over the long term for the Company and its shareholders."

Although the Company's plans include making application for a listing on a national securities exchange in the future, no assurances can be given that any listing application will be approved or that the Company will meet the listing criteria for such applications in the future.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

The Private Securities Litigation Reform Act of 1995 (the "PLSLRA") provides a "safe harbor" for forward-looking statements so long as those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those projected in such statements.

Statements contained herein that are not based on historical fact, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "could" and other similar expressions, constitute forward-looking statements under the PSLRA. PAIVIS intends that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements are based on current assumptions but involve known and unknown risks and uncertainties that may cause PAIVIS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in PAIVIS annual, quarterly and other periodic public filings on record with the Securities and Exchange Commission which can be viewed free of charge on its website at http://www.sec.gov.


Contact:

     For more PAIVIS information please contact:
     Paivis Shareholder Services
     Phone: 800-963-6471
     

Not sure why its moving with 800,000,000 shares traded, any opinion ? is it going back to 1 cent ?

digdug42

PAIV is up again today big.  They had a pr yesterday. What do you guys make of this? http://www.marketwire.com/mw/release_html_b1?release_id=130744

SarfiSoy

That's part of the reason for the panic selling today. I heard that AMTD allowed those restricted shares to be sold, and then late yesterday and most of today, wouldn't allow any of their clients to trade the stock. Hence the sudden drop when they allowed it again and people dumped out quickly. Recovered nicely though, looks to be a pennyland contender here.

ssubirias3

this has been a hot topic for the past 2 nights on the radio show.  crazy stuff, they might be talking about it again tonight, not sure??

lovethebag


Guys, stay away from it ! its a complete scam ! i already sold my shares the day after i posted here. I bought it because of the chart near the close on moday, than had the luck of seing it go up 300% the next day, but that was just a pump with no fundament. look here:
http://www.otcbbcoverage.com/stocks/index.php?topic=139.msg775#msg775



Lucas Scott

May or may not be a complete scam, but it's a 20-bagger since lovebag's post on May 25 :o :o
GO IN THAT HOUSE OF PAIN THAT YOU SEEM TO WANT TO BE IN, BUT GET AWAY FROM ME.  I'M TRYING TO WORK, DAMMIT.

Terliso

This is smokin'!!! ;)

Lucas Scott

Quote from: Lucas Scott on July 19, 2006, 10:31:51 AM
it's a 20-bagger since lovebag's post on May 25 :o :o

Correction. 32-bagger.
GO IN THAT HOUSE OF PAIN THAT YOU SEEM TO WANT TO BE IN, BUT GET AWAY FROM ME.  I'M TRYING TO WORK, DAMMIT.

Terliso


BullMan

Pretty nice if you got lucky to be in this.  Its actually moving because of ameritrade making a mistake and short seeling the stock and they had to cover.  Thats why your seeing volume over the o/s count.

setravis

Wow indeed !
Place on a watch list to see what it does next.
The chart is pointing toward the Golden Cross.
Applaud to you Lovethebag !  ;)
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

Lucas Scott

Wouldn't yall be nervous though about buying a stock that's 32 bags above it's base? I am. I had it on screen at .074 x .077 this morning and felt it was too risky to enter :P

Bullman - can you elaborate on the Ameritrade mistake? What's that about? TIA.
GO IN THAT HOUSE OF PAIN THAT YOU SEEM TO WANT TO BE IN, BUT GET AWAY FROM ME.  I'M TRYING TO WORK, DAMMIT.

BullMan

Ameritrade shorted the stock I quess from what they say by mistake (naked short selling).  Mistake is the keyword.  ;)  When the stock hit a little run they had to cover, I am not sure what the total share count was that was shorted but it was quite a few as you can tell by the run.  I am not sure if they have or have not completed the cover.  It will be hard to find this info but have been researching it.  I though they were done Monday, but they were still covering into today.

BullMan

Are You Freaking kidding me .26.  Holy crap did anybody make a killing on this.  My god this thing is unbelievable.  why did I not buy?  :o

Terliso

ohhh yeah..........give me PAIV!!!  ;) :D ;D ;D ;D ;D