To: All CVIA Shareholders!
As a CVIA shareholder, concerned and interested in supporting the CVIA Management's current efforts, I would like to draw your attention to the following points and a suggested " shareholder action plan!".
Today , Thursday December 18, 1997, I communicated with Mr. Jack Arnold, CEO of CVIA!
Point #1. Jack Arnold informed me that , " We will probably be having another press release before Christmas and perhaps it will answer a few of your questions. Understand that, regardless of the fluctuations day-to-day, we are moving steadily ahead with our program and that progress is made daily."
Point #2. Jack Arnold also indicated that, " We will need to have some type of majority shareholder vote/approval though it is not certain how that will be done."
Point #3. Now, it is my opinion as Wayne J. , a shareholder of CVIA, that at some point in the merger process, I would assume that CVIA will need a shareholder vote.
Point#4. If CVIA gets a majority approval , they would probably proceed without having to go through the time consuming and very expensive process of full notification to all shareholders and a proxy letter, etc. I have heard in previous experiences that , this type of process could become a very costly and time consuming process.
Point #5. From my own personal CVIA shareholder perspective, I would like to see the process move as quickly as possible, as I feel that it would be in the best ( and most profitable) interests of the shareholders.
Shareholder Action Plan!
I have checked this out with Jack Arnold, and he would support the idea of having CVIA shareholders do the following!
For any CVIA shareholders choosing freely to do so, could consider the following:
E-mail their NAME, E-MAIL ADDRESS, and SHARE COUNT!
To Jack Arnold , CEO of CVIA e-mail address is info@cvia.com
What is the benefit to us CVIA shareholders in e-mailing this information to Jack Arnold at CVIA??????
If the need develops that CVIA Management needed to contact shareholders QUICKLY to get a majority approval, there would probably be no quicker way than the e-mail route!
And once again the possible benefits to the CVIA shareholders, would be speeding up the process and avoiding some very costly time and shareholder financial resources!
I have made my decision, and only moments ago, e-mailed my name, e-mail address and current CVIA share holdings to Jack Arnold!
That is a decision that I felt I had to do to support Jack Arnold's efforts in the merger process, and to support my investment in CVIA, from the means that I have available at my disposal as a CVIA shareholder!
The decision is yours and yours alone to make!
Wishing You All Good Fortune!
Best Regards,
Wayne J. |
