Full Disclosure mailing list archives
PIVX IS BANKRUPT
From: <lor.tharholm () hushmail com>
Date: Wed, 2 Mar 2005 08:47:41 -0800
-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 It is common knowledge amongst the security community that the reverse shell merger (lowest form of financing generally reserved for penny stocks and mining stocks) company called PIVX SOLUTIONS INC has zero traction since its inception. It is nothing more than a vehicle to try to make the primary shareholders rich quickly - the product called Qwik-Fix Pro, PIVX's flagship product is the laughing stokc of the security commmunity, nothing more than a GUI wrapped around Window OS registry files. Coded so poorly it looks like the sample product of a 10 year old child's first code efforts - the primary auditor of PIVX SOLUTIONS INC cite: "On January 12, 2005, McKennon, Wilson & Morgan LLP ("McKennon") resigned as Independent Registered Public Accounting Firm for PivX Solutions, Inc. ("PivX")." stating that it had; cite: " substantial doubt about PivX's ability to continue as an ongoing concern" (source SEC Filing: :PIVX SOLUTIONS, INC. 0001160420 8-K 1/20/2005 1/12/2005) - the principal Geoff Shively was recently outed as a non-player in the security community cite: "But the source didnt want to stop there. He says he and his friends are laughing at the story because all of Shivleys claims are patently false" (source: http://www.networklifemag.com/weblogs/securitychief/2005/007302.html ) - there are no sales of note for this product called Qwik-Fix Pro, PIVX's flagship product, there are no distribution agreements of note for this product domestically or internationally, despite the daily press releases made by PIVX SOLUTIONS INC, names of signed distributors internationally prove non-existent as do OEM reportdely carrying this non-product - the financials of PIVX SOLUTIONS INC after launching its product called Qwik-Fix Pro, PIVX's flagship product are pitiful: Three Months Ended Nine Months Ended September 30, 2004 September 30, 2003 September 30, 2004 September 30, 2003 --------------------- - ----------------- --------------------------------------- Revenues: Consulting revenue $ 62,171 $ 163,935 $ 86,171 $ 743,923 Subscription revenue 13,619 -- 18,028 -- ------------------ - -------------- -------------------------------- Total revenues 75,790 163,935 104,199 743,923 Total liabilities and stockholders' equity $ 3,558,287 ============ See accompanying notes to these condensed consolidated financial statements (sourceSEC Filing: PIVX SOLUTIONS, INC. 0001160420 10QSB 11/12/2004 9/30/2004) - - the owners of this farce thought they could create something from nothing, aka called Qwik-Fix Pro, PIVX's flagship product, sadly it is nothing and was always nothing. Handing out and diluting shares in PIVX SOLUTIONS, INC. to everyone and anyone who would promote their nothing product. Alas the rats will flee the shinking ship and yet anothing comical entry into the security scene will shattered into smithereens. The clock is ticking. Daddy needs to get a real job next time. -----BEGIN PGP SIGNATURE----- Note: This signature can be verified at https://www.hushtools.com/verify Version: Hush 2.4 wkYEARECAAYFAkIl7iwACgkQTrOyScgyfI42WwCfZh1d/05v3GypNHRBhUCgVupJDt8A oJUx/QhAS4GkgYA84dkkxejlY5/+ =N1/S -----END PGP SIGNATURE----- Concerned about your privacy? Follow this link to get secure FREE email: http://www.hushmail.com/?l=2 Free, ultra-private instant messaging with Hush Messenger http://www.hushmail.com/services-messenger?l=434 Promote security and make money with the Hushmail Affiliate Program: http://www.hushmail.com/about-affiliate?l=427 _______________________________________________ Full-Disclosure - We believe in it. Charter: http://lists.netsys.com/full-disclosure-charter.html
Current thread:
- PIVX IS BANKRUPT lor.tharholm (Mar 02)
- Re: PIVX IS BANKRUPT VeNoMouS (Mar 02)
- Re: PIVX IS BANKRUPT ren hoek (Mar 03)
- Re: PIVX IS BANKRUPT Joachim Schipper (Mar 03)
- Re: PIVX IS BANKRUPT VeNoMouS (Mar 02)