SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Corporate Vision (CVIA)
CVIA 0.4800.0%Jun 30 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Allinder who wrote (177)10/16/1997 12:39:00 PM
From: Brad   of 6654
 
Tom, I'm sure the float has to be larger based on the activity over the past 2 days.

Several of us have been following CVIA for a long time. In May,97 the shareholders approved increasing the "authorized shares" to 100M.

I have reviewed the SEC filings and I have calculated that the debentures issued last April-June probably resulted in an increase in the Total Shares Outstanding of somewhere in the range of 22M - 29M. So I figure the Total Shares Outstanding to be somewhere around 40 million. I think Wayne can confirm that from his findings also as I recall.

As for the web site, I talked to the company about that. They said they are planning to update it as quickly as they can get to it, but with everything else going on, it may take a week or so.

ALSO, it sounds like there is a flurry of activity going on at the company. They're not saying anything, but they sure are busy!!

Best wishes,
Brad
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext