| By Marketwire . | Article Rating: |
|
| April 10, 2008 12:15 PM EDT | Reads: |
276 |
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 276
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.
- The Top 150 Players in Cloud Computing
- Commercial vs Federal Cloud Computing
- Why IBM’s Server Chief Got Busted
- Industry Experts Discuss the State of Cloud Computing
- Cloud Expo New York Call for Papers Now Open
- Cloud Computing on Gartner's Top 10 List and SYS-CON Events' 2010 Calendar
- US Federal Government is Major Cloud Computing Innovator
- Google Wave
- Ulitzer.com Named Exclusive "New Media" Sponsor of Cloud Computing Conference & Expo
- Tactical Cloud Computing Panel at 1st Annual GovIT Expo
- Adaptivity & Cloud Computing: Exclusive Q&A with CEO Tony Bishop
- 4th International Cloud Expo: Photo Album
- The Top 150 Players in Cloud Computing
- SYS-CON.TV: Cloud Computing Expo Power Panel
- Commercial vs Federal Cloud Computing
- Why IBM’s Server Chief Got Busted
- 1st Annual GovIT Expo: Letter from the Technical Chair
- Industry Experts Discuss the State of Cloud Computing
- Deputy CIO of the CIA to Keynote 1st Annual GovIT Expo
- SOA World Power Panel on SYS-CON.TV
- CIA was Headed to an Enterprise Cloud All Along: Jill Tummler Singer
- Cloud Expo New York Call for Papers Now Open
- 1st Annual Government IT Conference & Expo: Themes & Topics
- Stock in Focus: Dragon Capital
- The i-Technology Right Stuff
- Who Are The All-Time Heroes of i-Technology?
- Get the Message
- Where Are RIA Technologies Headed in 2008?
- i-Technology Viewpoint: Is Web 2.0 the Global SOA?
- i-Technology Viewpoint: Thinking Outside the VC Box
- ESB Myth Busters: 10 Enterprise Service Bus Myths Debunked
- i-Technology Viewpoint: When to Leave Your First IT Job
- SOA Web Services Edge Conference Coverage on SYS-CON.TV
- Five Reasons Why Web 2.0 Matters
- SYS-CON.TV's "SOA Web Services" and "Enterprise Open Source" Programs To Air in December
- SOA World Conference & Expo SYS-CON.TV Power Panel Live From Times Square









Cloud computing is a game changer. The cloud ...





















