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Hello
im a bit confused.. i bought PAVC quite a while ago.. then left it sitting.. basicaly forgot about it after it fell to pieces on me.. http://today.reuters.com/stocks/Comp...dLOC=C3-News-9 what excatly will or should this merge do for the stock.. are merges like this generaly good things or bad.. ? any comments are welcome ? |
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Hello and welcome to the forums. I moved your post to a more appropriate section of the forum.
On your question, sounds like you will receive one share of the merging companies stock for each share you own of PAVC. This is a good thing when the other companies stock is at a higher price, then you've gained value. You also have to look at the share structure of the new stock you own. If it has less free, floating shares, you're also better off. That will get you started with your own DD. ![]()
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I am not familiar with what went on here, but I like the way the chart is shaping up now. It closed Friday at .0125.....
CHART |
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Maybe a little update is in order... closed Monday @ .0165 up 32% today it closed at .024 up another 45% and the chart is just now really starting to look very good.... Check it out Daily chart here
Weekly chart here This is very close to breaking out of the down trend it has been in since about July of 2006. I really like it. |
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Being green and really wanting to make some!!! I have come across this stock in some research I have been doing .This merger seems to have been a long time in the making but seems to finally be set in place.Does any one have any thoughts on this ?????
Trustcash Holdings, Inc. and Paivis, Corp. Announce It Has Received the Final Installment of Merger Costs Financing From Mistral Ventures, Inc. TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (OTCBB: TCHH) and PAIVIS, CORP. ("PAIVIS") (PINKSHEETS: PAVC) and Mistral Ventures, Inc. ("Mistral") (OTCBB: MILV) today jointly announce that in accordance with a previous announced term sheet, Mistral has completed its financing of Trustcash to fund the certain obligations and/or costs under the merger between Trustcash and Paivis. |
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Harrold I dont disagree with what your saying .I was lucky enough to get some green on that .018 high a couple of weeks back myself !! However I have left myself a small position and being back @the .010 range I find my self wanting to add some more !! Just looking for the advice of someone who has been in the game longer thats all!! " Believe me I can hear my DAD in my
in my own head If it sounds to good to be true it usually is!!" PAIVIS, CORP DATED AS OF FEBRUARY 5, 2008 The closing of the Merger (the “Closing”) will take place at the offices of the PARENT AND SUB , at 400 Park Avenue Suite 1420 NY, NY 10022, on the day immediately following the satisfaction or waiver of the conditions precedent set forth in Article V or at such other date as SUB and TARGET shall agree; provided, however, that (a) the Parties shall use their best efforts to effect the Closing on or before March 31, 2008, or as soon thereafter as is practicable, and (b) the Closing may take place by facsimile or other means as may be mutually agreed upon in advance by the Parties. The date on which the Closing is held is referred to in this Agreement as the “Closing Date.” Unless extended in writing by each of the PARENT and TARGET in the event the Closing shall not occur by June 30, 2008 (the “Outside Closing Date”) then either PARENT or TARGET may terminate this Agreement without any further liability to the other |
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Like I stated Earlier I am really green with this but reading this 10k filing leads me to beleive the money is allready there!!! Any body got some input???????
The following is an excerpt from a 10-Q SEC Filing, filed by MISTRAL VENTURES INC on 5/14/2008 EXHIBIT 10(iii) TERM SHEET The following binding term sheet (the "Term Sheet") summarizes the principal terms with respect to an interim financing and investment of up to $7.0 million in convertible preferred stock. Parties: Mistral Ventures Inc. an existing public company ("Mistral") listed on the OTC Bulletin Board domiciled in the Nevada, and Paivis Corp., an existing public company (the "Company" or "Paivis") listed on the OTC Bulletin Board, domiciled in Nevada,; and Trustcash Holdings, Inc., an existing public company ("Trustcash ) listed on the OTC Bulletin Board, domiciled in Delaware. Financing: Mistral will advance minimum of $25,000 monthly to each of Trustcash and Paivis starting on February 1, 2008 (the "Advances"). The Advances will be made pursuant to a Demand Note Agreement with customary terms. Term: The Advances shall extend for the shorter of ninety (90) days or the termination of the Merger Agreement between Trustcash and Paivis (the "TrustCash Merger"). Convertible Preferred Stock : Mistral shall invest a minimum of $2.0 million but no more than $7.0 million in the shares of Convertible Preferred Stock of Trustcash (the "Preferred Stock") to participate in the financing pursuant to the Trustcash Merger that requires an equity or debt investment in Trustcash of up to Ten Million Dollars ($10,000,000) but no less than Seven Million Dollars ($7,000,000) on terms agreeable to both Trustcash or Paivis for the purposes of completing the acquisition of Detroit Phone Cards Inc. ("DPC"), AAAA Media Services Ltd. ("A4") by the Paivis and working capital for the Trustcash ("the Financing"). The Preferred Stock shall earn an 8% dividend paid quarterly in cash or registered common stock of Trustcash. The Preferred Stock shall be convertible into common shares solely at the option of Mistral. The Preferred Stock shall be convertible at the conversion price which shall be a 15% discount to the trailing volume weighted average price ("VWAP") of Trustcash on the average of the 5days preceding the closing of the Trustcash Merger. 37 -------------------------------------------------------------------------------- Conditions Precedent: (1) Completion of legal and financial due diligence to the satisfaction of Mistral, including disclosure of all pending material agreements, contracts and liabilities; and (2) Mistral completing a $2.0-$7.0 million investment which it will undertake on a best efforts basis; and (3) Trustcash being current in their filings under the Securities Exchange Act of 1934;and (4) No material adverse change existing or pending. Governing Law: This Term Sheet shall be governed by and construed in accordance with the laws of the State of Nevada without regard to choice of law provisions thereof. By: /s/ Greg Moss Date: January 30, 2008 Name: Greg Moss President, Trustcash Holdings Inc. By: /s/ Dennis Shafer Date: January 30, 2008 Name: Dennis Shafer Chairman, Trustcash Holdings Inc. By: /s/ Edwin Kwong Date: January 30, 2008 Name: Edwin Kwong President, Paivis Corp. By: /s/ John Xinos Date: January 30, 2008 Name: John Xinos President, Mistral Ventures Inc. 38 |
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Pincher play that has a chance.
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