I guess they finally got a hold of the cash:
Thursday April 24 12:04 PM EDT
Corporate Vision receives $1.5 million in financing
capital to fund growth through strategic acquisitions
TULSA, Okla.--(BUSINESS WIRE)--April 24, 1997--Corporate Vision, Inc. (OTC BB: CVIA)
today announced that as part of its corporate capitalization plan, Select Capital Advisors, CVI's
Miami-based investment banking firm, has completed an initial financing for a total of $1.5 million in
convertible high yield corporate bonds to support the Company's plans to expand through
acquisitions.
Sheryl Mabie, President of Corporate Vision, stated: "Our growth strategy is to continue to build our
revenues by acquiring companies which complement our services and have a geographic and
marketing fit. Select Capital has provided a strong link to the capital we need to finance our strategic
development plans."
Select Capital Advisors is an international financial services holding company with offices and
affiliates worldwide. Select Capital provides small to medium-sized emerging growth companies with
a wide range of investment banking services including international equity offerings, structured
finance, mergers and acquisitions, venture capital financing, and bridge loans. Select's annual report
dated January 15, 1997, announced successfully completed investment banking transactions totaling
more than $493 million for 1996.
Corporate Vision, Inc. is a multi-media company that develops custom interactive software
applications used by corporations in their training and marketing programs.
For further information, contact Corporate Vision, Inc. at (800) 720-2842 or (918) 488-0301. |
