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Microcap & Penny Stocks : Corporate Vision (CVIA)
CVIA 0.4800.0%Jun 30 5:00 PM EST

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To: Milk who wrote (1553)1/13/1998 1:30:00 PM
From: D LEE  Read Replies (2) of 6654
 
Reg s can be very bad ju ju:

The important thing is to know the bottom limit price
at which these special shares can be converted. It
indicates what possibilities the loaner might be conjuring
up in (the reason for) his purchase.

beware of "bottomless", indicating they can convert
at any price, no matter how low, and more often seek ways to
encourage a low price reguardless of consiquence
to the company.

be especially aware of "offshore", because these people
are free of jurisdiction others are not as they are
comfortably out of the country.

At any rate, the reg s people have a leg up on stockholders
as they are investing in a different way.
This puts an element of interest different from that of
the stockholder well into the picture.

dave
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