Milk did you read this?
exchange2000.com
States that Corporate Vision has 17,677,112 shares. Does this mean the corporation itself? It appears so. Then there is another beneficial owner who owns 5 % or 8,876,035 shares. These most likely would not be
shares that would hit the market to sell at a low price I would not think but who knows?
This may be old new to some of you, I don't know but it seems we also own a piece of this: This would have had to been done by the previous
managers, prior to Jack Arnold's taking over as CEO, Sec and Tres..
On May 31, 1997, the Registrant (Corporate Vision) * my insert in brackets*, completed the purchase of 100% of the common stock of T.L.Phipps & Company, a privately-held Oklahoma corporation, in exchange for $25,000 in cash and 750,000 shares of restricted common stock of the Registrant. The transaction was accounted for by the Registrant as a purchase.
T.L. Phipps & Company, a full-service video and post-production company whose assists consist primarily of video production equipment and a building, will continue operate as a wholly-owned subsidiary of the Registrant. All of the common stock of T.L. Phipps and Company was owned by Terry and Nancy Phipps, who had no material relationship with the Registrant.
At the time of filing of this Form 8-K, it was impracticable to provide the
required audited financial statements of the acquired business. The
Registrant intends to file such audited financial statements as soon as practicable, but no later than 60 days after the date of this Report. |
