SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Corporate Vision (CVIA)
CVIA 0.4800.0%Jun 30 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Luminous who wrote (3154)4/7/1998 2:47:00 PM
From: K A Anderson   of 6654
 
I understand what you are saying, I guess at first glance that does look sort of like a far fetched statement, but now for the rest of the story to fill in the gaps left by that statement.

The reason this Reg S came about was CVIA didnt have time to raise the funds any other way, (privately) so CVIA went ahead and issued the 50 million Reg S. Else risk loosing the merger.
During this time CVIA was still working on getting private investors togather to retire the debentures. ( Most Reg S have like a 41 to 47 day hold time and then they can be sold back into the float.)

I think by the time Mr Arnold was able to finally get the private investors togather, it was to late to stop the Reg S from entering the float, so they bought it back off the open market. The Shares are now back in friendly hands, for the most part. Since the Reg S hit the float the volume turned 161 million shares, for the month of March........ now we are back to 3 to 6 million volume days.

KAA
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News