Paul
Lets review in November CVIA had 50,000,000 outstanding and a book of around $1,000,000 or .05. Dont believe me? then how did Jack raise $1,500,000? It wasnt a worthless high risk shell like some like to present it.
Most clean fully complaint SEC shells have near that value.
Now the book value is almost incalculable after Jacks, financial wizadry.
We supported CVIA until April 14, and the price never rose over .025, so all that support only took the stock that high. So now our discontent has it near .01? or was it the Aprl 14, announcement of 300 to 1 reverse split that did it? and who did that PR us share holders or Jack Arnold?
A shell is supposed to be acquired by a private company, Jack now has all this A$$ backwards, he is buying a private company? Then we didnt invest in an empty shell after all. So thats our fault too?
So the new investors arent flocking to CVIA why? Because the current shareholders are voicing their discontent, or the idiotic manner in which this company is being managed?
I hope Jack gets a first year law student, because Fridays conversation with their current lawyer, left me with the impression , this lawyer was in agreement with us and wanted nothing more to do with this mess and his best advice to Jack was resign. I guess thats our fault too.
KAA |
