| By Marketwire . | Article Rating: |
|
| April 10, 2008 12:15 PM EDT | Reads: |
265 |
NEW YORK, NY -- (MARKET WIRE) -- 04/10/08 -- TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (OTCBB: TCHH) responding to numerous shareholder inquiries confirms it has purchased common shares of Paivis in the open market. Trustcash plans to continue its accumulation of Paivis common shares in the open market prior to closing of the planned merger with PAIVIS, CORP. ("PAIVIS") (PINKSHEETS: PAVC).
Trustcash feels it is in the best interest of the Trustcash shareholders to take advantage of the opportunity to purchase Paivis common shares in the open market at levels below the proposed $0.10 purchase price of the planned merger. Trustcash management believes that this action could ultimately reduce the cost of the merger.
At the sole discretion of Trustcash's management and the board of directors, it will request physical delivery of any and all shares it has accumulated in the open market.
About Trustcash
Through its Trustcash brand and website www.trustcash.com, the Company is a pioneer of anonymous payment systems for the Internet. It developed a business based on the sale of a stored value card that can be used by consumers to make secure and anonymous purchases on the Internet without disclosing their credit card or personal information. Trustcash provides to its customers the "Trustcash(TM)" payment card, which is sold in denominations ranging from $10 to $200 online through any of over 500 websites. Trustcash's non-reloadable, virtual Trustcash card is the only "stored value card" that can be purchased where no personal data is stored or available, providing a unique level of both security and privacy to the purchaser.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 (the "PSLRA") 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. TRUSTCASH and PAIVIS intend 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 TRUSTCASH and PAIVIS actual results, performance or achievements to differ materially from current expectations. These risks include economic, competitive, governmental, technological and other factors discussed in TRUSTCASH and 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.
Trustcash
Investor Relations
Charles Moskowitz
617-633-2259
Published April 10, 2008 Reads 265
Copyright © 2008 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By Marketwire .
Copyright © 2009 Marketwire. All rights reserved. All the news releases provided by Market Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.
- Kindle 2 vs Nook
- Why IBM’s Server Chief Got Busted
- Is Cloud Computing Like Teenage Sex?
- Industry Experts Discuss the State of Cloud Computing
- Performance Tuning Essentials for Java
- Confessions of a Ulitzer Addict
- Tactical Cloud Computing Panel at 1st Annual GovIT Expo
- It's the Java vs. C++ Shootout Revisited!
- Cloud Computing Can Revitalize Your Career as Software Developer
- IBM Could "Reinvent" Java: Mills
- Oracle & Cloud Computing: Exclusive Q&A with SVP Richard Sarwal
- A Brief History of Cloud Computing
- Kindle 2 vs Nook
- Cloud CEOs, CTOs & SVPs to Speak at 4th International Cloud Computing Expo
- Why IBM’s Server Chief Got Busted
- Is Cloud Computing Like Teenage Sex?
- Industry Experts Discuss the State of Cloud Computing
- Performance Tuning Essentials for Java
- The Difference Between Web Hosting and Cloud Computing
- Cloud Computing Expo: Exclusive Q&A with Yahoo! SVP Cloud Computing
- Ajax in RichFaces 3.3, JSF 2 and RichFaces 4
- Confessions of a Ulitzer Addict
- My Thoughts on Ulitzer
- Tactical Cloud Computing Panel at 1st Annual GovIT Expo
- A Cup of AJAX? Nay, Just Regular Java Please
- Java Developer's Journal Exclusive: 2006 "JDJ Editors' Choice" Awards
- The i-Technology Right Stuff
- JavaServer Faces (JSF) vs Struts
- Rich Internet Applications with Adobe Flex 2 and Java
- Java vs C++ "Shootout" Revisited
- Bean-Managed Persistence Using a Proxy List
- Reporting Made Easy with JasperReports and Hibernate
- Creating a Pet Store Application with JavaServer Faces, Spring, and Hibernate
- What's New in Eclipse?
- Why Do 'Cool Kids' Choose Ruby or PHP to Build Websites Instead of Java?
- i-Technology Predictions for 2007: Where's It All Headed?








































