full-disclosure - PIVX IS BANKRUPT

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From: lor.tharholm at hushmail.com (lor.tharholm@...hmail.com)
Subject: PIVX IS BANKRUPT

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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 didn’t want to stop
there. He says he and his friends are laughing at the story because
all of Shivley’s 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.


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