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Paivis, Corp.: Paivis, Corp. to Examine Stock Data to Determine If There Are Any Irregularities in Its Share Structure Position

^{Published on 2008-12-22 07:30:47, Last Modified on 2008-12-22 07:31:22 - Market Wire}
 

ATLANTA, GA--(Marketwire - December 22, 2008) - Paivis, Corp. (PINKSHEETS: [ PAVC ]) ("PAIVIS" or the "Company") today announces that as part of its plan to improve every aspect of the Company's performance, the Company will conduct an examination of its stock data to determine if there are any irregularities in its share structure positions.

Paivis has in the past been the victim of short selling and the Company wishes to be proactive to avoid falling victim again now or in the future. The Company will obtain and review, at its earliest convenience, any and all information available to it over the next several weeks and on an ongoing basis into the foreseeable future.

If the Company finds any abnormalities in its share structure it will take action immediately to ensure the Company's goals and plans are not derailed and to ultimately benefit its shareholders.

About Paivis, Corp.

Paivis, Corp. is a wholesale telecommunications carrier that sells prepaid "point-of-sale activated" and live cards. Paivis generates its revenues through the sale of prepaid calling cards and wireless services, and international wholesale termination. Products are sold throughout many of the country's major retail outlets.

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. 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.