Corporate Vision (CVIA) Message Board

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Microcap & Penny Stocks : Corporate Vision (CVIA)

CVIA 0.480

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Jun 30 5:00 PM EST

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To: K A Anderson who wrote (5083)	5/24/1998 10:54:00 PM
From: Kevin Scott	of 6654

***NEWS*** TULSA, Okla.--(BUSINESS WIRE)--May 24, 1998--Corporate Vision, Inc. (OTC Bulletin Board: CVIA - news) today announced progress on the acquisition of Western Oil and Tire Distributors' assets. Corporate Vision is pleased to announce the plan to restore value to its shareholders, by acquiring the assets of Western Oil and Tire Distributors, is almost complete. The previously announced 300-1 reverse split of CVIA's common stock, effective May 26th, 1998, provides the necessary tools for the Company to implement its aggressive acquisition plan to acquire retail tire stores and wholesale petroleum distributors. Interest in the Company's consolidation plan from potential tire and petroleum acquisition candidates continues to grow and has exceeded expectations. Corporate Vision also announced the plan to compensate its shareholders because of the share consolidation is nearly complete with details soon to follow. This press release contains forward-looking statements with respect to the results of operations and business of Corporate Vision, Inc. that involves risk and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

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