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

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To: SCOOBEY-DO who wrote (3278)12/17/1999 3:56:00 PM
From: PO Stahl  Read Replies (2) of 3596
 
Scoobey-Do,

The reason Keith suggested calling for the certs is so there would be NO DELAY in your receiving any proxy materials should there be a proxy fight. In a proxy vote there is no quorum, if only one shareholder votes then his vote is the one that decides whatever the question is. Having shares held in street name (the way it is done at all brokerages) delays your receiving proxy materials for up to 2 weeks vs the materials being sent directly to you from the transfer agent, which is the way it's done if you hold the certs. Time could be a factor and Keith wants to make sure your vote will count. All this is assuming of course that you would vote with Keith and the BOD.

Hope this helps,

Paul
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