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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: Dusty who wrote (1580)1/13/1998 6:21:00 PM
From: Jim Armstrong   of 6654
 
". . . but it appears to me they have plans to up the outstanding shares I don't see anything in that for the current investors."

Yeh, that's how it sounded to me too. I wonder if CVIA will do an m-for-n share exchange before increasing the number of outstanding shares of common stock, or simply issue some type of high-value preferred shares. It seems like the latter is more expedient time-wise if that option is available to them.

SIDT, for example, just swapped money to redeem some of these high-value shares from shareholders (which seem convertible to common stock or money, depending upon the circumstances). [I dunno what the circumstance was that precipitated that particular exchange.]

JimA
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