Corporate Vision (CVIA) Message Board

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Microcap & Penny Stocks : Corporate Vision (CVIA)

CVIA 0.480

0.0%

Jun 30 5:00 PM EST

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To: Kenny Low who wrote (4836)	5/11/1998 11:21:00 PM
From: Ellen	of 6654

I don't know...the use of the word "proposed" intrigues me. Rather than saying planned or previously announced... The transaction between CVIA and WOTD is being structured as an asset acquisition rather than the previously announced merger. Details of the final transaction will be forthcoming upon completion of the agreement and the necessary filings. Management's actions, including the recently proposed 300-1 reverse split and the recent private placement financing were deemed necessary to make CVIA sufficiently attractive for a new business opportunity. Management is very excited about the prospects for success of the WOTD acquisition. The reception to consolidation in the distribution segments of the petroleum and tire industries is extremely encouraging. WOTD is presently a privately held company. Upon closing of its agreement with CVIA, information pertinent to the status of its business and its plan of operations will be released to shareholders in accordance with guidelines established by the SEC, state law and corporate administrative practices of a publicly reporting company.

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