Hi Wayne! Even though I have a heavy load of CVIA shares, and have spent many hours (and days!) doing my DD, I try not to get emotionally attached to this stock, it is, after all, a risky venture. But:
I personally have the following reasons to invest in this stock:
#1 Jack Arnold has been very upfront with us shareholders.
#2 The first acquisition candidate has $350-525,000 in profits, I think I should do OK even if the number of shares issued and outstanding doubles (everyone is encouraged to do their own math and risk assessment). How many profitable companies do we know that are trading for a few pennies? Also, "...Several highly profitable independent tire distributors, and fuel and lubricant distributors have contacted WOTD and CVIA with the desire to be acquired..".
#3 For those who think the whole CVIA story is just a scam, and don't want to spend too much time researching: CVIA is at (or near) its 52wk low! Let me forget all my DD, and be cynical for a moment: I think we would have seen a good pump action, and a significant price increase in that case, wouldn't we? ;)
#4 Jack Arnold is not looking for an exit - he will remain with the new company as the IR person.
#5 IMO, more and more people realize the potential here: "..WOTD and CVIA have also been contacted by unsolicited entities wishing to invest in WOTD's growth-by acquisition program..."
Well, folks, I was trying to be as objective as possible, tell me if all this makes any sense!
Best of luck to all CVIA investors!
Milk |
