Caplay Share Discussion Threads

[bbd2] 03/7/2006 09:18

From the PVTD Website:


As announced on March 31, 2006 the Company filed its revised Form 10 with the SEC.

The Company's stock is traded at present under Rule 144 of the SEC Code.

Currently the majority of the Company's stock is restricted as to its saleability.The restriction on the sale of the Company's eligible stock will be lifted 90 days after the date on which the SEC declares the Company's recently filed Form 10 to be "effective". (See below for Effective Date Definition.)

The Company will make an announcement as soon as it is informed by the SEC that the Form 10 has become effective.

DEFINITION OF EFFECTIVE DATE

When the Company filed its original Form 10 on December 12, 2005, all restricted shares were frozen as to restriction while the company remained in a filing and comment phase pertaining to its Form 10 application to become fully reporting.

As the Company currently is making application to be admitted to listing on the American Stock Exchange ("AMEX") the Form 10 has technically been changed to a Form10-12b.

In accordance with the SEC Code the "Effective Date" of the Form 10-12b will be when the AMEX notifies the SEC that they will be accepting the listing of the company's shares, and the SEC accepts the notification without objection. At this point a mandatory 90 day "hold" post effective date holding period continues on restricted shares. Upon expiration of the 90 day "hold" period, the restriction on eligible shares automatically is lifted and the shares become "free trading" after an opinion letter is obtained by the shareholder from a qualified SEC counsel.

[bbd2] 03/7/2006 09:16

There is a restriction on the sale of many PVTM shares while the listing is going through.

[william-just] 29/6/2006 08:19

if the are desperate to sell the can do it in smaller amounts

[malc5] 29/6/2006 08:14

Why are they Desperate to get out Paddy?

[paddyfool] 29/6/2006 07:37

PVTM is illiquid the moment they get on the higher exchange that will change. Terry tied a lot of people in who can only exit when they are on the next exchange. These people have been held in for over a year now and they are desperate to get out.

[leslas] 28/6/2006 16:29

PVTM $10.00 Yesterday

[dr knowledge] 26/6/2006 09:32

Even madder now seemingly Paddy, with PVTM @ $9.00. :-~

[paddyfool] 13/6/2006 17:31

A company with a Software product which cost under $3 million to develop, with no sales and a market cap of £200 million? Is the world mad?

[peterstilgoe] 08/6/2006 13:02

Has Leo sold his boat yet the tight b*stard!

[bbd2] 08/6/2006 12:18

Rumours circulating that Gibraltar is looking to set up it's own Stock Exchange etc. Sounds like an opportunity for someone!

[bbd2] 07/6/2006 11:18

Can't be long now surely.

[leslas] 01/6/2006 16:43

Some have been bought today

[leslas] 31/5/2006 09:12

Ended up 42% Against a huge fall in the market might be getting close to a float

[wiganer] 30/5/2006 15:54

I can't.

Turnover: $1000

Loss: $10.5m

There, I think I have a better idea of value now...

[grahamite2] 30/5/2006 15:52

Don't knock it Wiganer, sniffing can value a company without having any idea of its profits or even turnover.

[wiganer] 30/5/2006 15:50

That is hilarious.

[leslas] 30/5/2006 15:49

PVTM looking good today up 34%

[sniffing] 30/5/2006 15:08

PVTM - 41,134,174 shares outstanding



So at $5 per share capitalization of $200,000,000.

Cheap.

What's the turnover or profit?

[tolly1970] 30/5/2006 10:23

Any newS yet on listings!!

[grahamite2] 24/5/2006 21:58

tiredoldbroker, rather selfless what you're doing, as I suspect that contrary to what I posted earlier some investors do not appreciate the position here.

Incidentally, with a NMS of £500 (!) I did think of taking a punt at that level, but did not. This may be the only time ever that moral considerations have entered my stock activities.

Only fair to say that you and I may have misjudged what is going on here.

[tiredoldbroker] 24/5/2006 18:21

Don't think a daily watch on PVTM tells you anything I haven't suggested above, but for what its worth, PVTM currently -27.8% at $5.05 on 7,500 shares traded.

[malc5] 19/5/2006 16:31

PVTM up 25%

[johnny1982] 18/5/2006 18:03

whats the deal on these then? do you think they will pull the listing due to the volatility?