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Microcap & Penny Stocks : Corporate Vision (CVIA)
CVIA 0.4800.0%Jun 30 5:00 PM EST

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To: Wayne J. who wrote (3775)4/16/1998 11:22:00 PM
From: Bill Monahan   of 6654
 
Some thoughts: If this whole thing was another BB scam what would the bottom line be?

CVIA had no real value, WOTD has no real value. If CVIA talked to WOTD about the merger they must have discussed the range of outcomes. The best outcome being that we shareholders put these guys in charge of $200mm public Co with the riches that come with the positions. The worst scenario - for some reason the acquisitions don't happen or the stock just plummets - USE REG S $$$$ AS EXECUTIVE COMPENSATION and bail out with chapter 11 and just walk away. Each guy should be able to walk away with at least $100k. I'll bet that covers Jacks loss of investment. So that was what the reg s was for!!

The fact that neither party owns any REAL quantity of CVIA shares really drives this point home.

As for a law suit, I will be contacting my lawyer tomorrow for a reference for a securities specialist and we'll see if this mess is actionable. If any lurkers need to contact me about the legal action - email bmonahan@spectra.net. Good luck to you holders, the stock should go up nicely tomorrow because I sold :@

Lastly can we assume that the merger was scheduled to be closed yesterday and now it might be the end of april?
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