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: Brad who wrote (3632)4/15/1998 5:28:00 PM
From: TraderGreg   of 6654
 
there have to be buyers in order for them to get money for their shares.

There will be buyers. There always are AFTER the reverse. And even if it gets hammered, they will get decent revenues from the selling of shares into the float...even if only for a day or two or a week.

If they can sneak 20 or 30 thousand shares a day starting on the effective day of the reverse, with a little scam spin, they might even keep the price at the $1.50 to 3 range. That ain't bad chump change. Even if the next million goes out at 50 cents, that's another cool half million.

Like I said, they may be dumb and heartless and uncaring for the old CVIA shareholders, but they ain't stupid.

If they aren't too greedy, they can take in quite a bundle printing paper from those extra 49+ million authorized shares.

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