[My speculative thoughts on: "A new CEO." Plus "Where CVIA is now and why."]
(Pardon my way of thinking. I could be all wet. Will be fun to see.)
It is my opinion, that the new "CEO/founder of WOTD" is a well
weathered individual, knowing the business of the Mom and Pops
from the ground up, having created an unusually successful and
presently well operating one himself, and that he is eager
to free himself of the geographical boundaries that all Mom and Pops
experience. He knows:
1) what value a public shell could bring to his future,
2) how it would help his specific company,
3) and therefor, how it can help "numbers" of other companies like his.
He also knows that it takes all three of the above
to make this effort work. His experience makes him
quite unique as one of the few people who can accomplish this
most effectively.
I believe this because Jack Arnold had to know it was the
only type of individual he could consider doing business with.
This cut out a lot of unnecessary trial and error hunting.
The man had to be obvious and proven.
Further convenience for Jack was: -It didn't matter
which type of business this shell was going to preside over.
That gave Jack "maximum ability" to seek out such an individual
on his own "terms, or turf". Jack was able to get the most
bang for his buck by communicating with those he was already
associated with until guided in the appropriate direction.
This could have been as simple as word of mouth, or
a "friend of a friend", then finally, coupled with some
sound advice that it was possible everything fit together
under the category of "tire and oil".
We guessed before "what sector CVIA might wind up in", but we
really had no way. It could have been a string of beauty salons.
But this happens to be "one terrific no nonsense choice" of sectors,
because when the high price/earnings sectors go through a bit
of a downward correction. This sector will take the attention
it has been lacking for a while. I feel the value of CVIA/WOTD
holdings will double in value relative to the majority of
holdings in two years on the merit of this factor alone.
Summery:
1) Jack Arnold has been ideal acting as CEO during his self
appointed position by:
a) Finding usefulness for the shell
b) Representing it's value at the negotiating table
c) Making decisive moves for timely financing
d) Utilizing (and appreciating) the assistance of shareholders
d) Allowing only the highest possible standard
of feedback to interested shareholders
e) Showing the perseverance to see his effort through
until it is completed, and willingness to release
his position at exactly the appropriate time.
(not a moment sooner, not a moment later.)
f) Expressing his ability to continue afterwards
by relating progress in company affairs to the
shareholder. They must, of course desire him to
do this for it to happen.
g) Possibly giving us a discount on prescription items? -g-
These ideas (except for "g") are only assumptions I have formed
to allow me to think about what's going to happen for
CVIA next. (a mixture of strengths and weaknesses working
their way towards completion of a stage or purpose)
If I tried technical numbers and such, I probably wouldn't
know what to do with them. Once more, I am not mentioning
"regulation s" and "possible stock split".
If I am incorrect in some assumptions above, perhaps no
difference, the units, I would assume, have been chosen
just as carefully. Just less understandable and more
time consuming by my way of thinking.
This may help new viewers form their own ways to think
about CVIA/WOTD. There is really nothing new here,
Just that these opinions of mine haven't changed a wink since
the Jack Arnold story began. And the future effect (of
the way things have been done) has not yet effected
the price of the stock. (I'm thinking about both good
and bad effects, and how public opinion changes, and
also that a lot has been done)
I think knowing the story will help some deside whether
to become long, or short term shareholders.
One thing I'm curious about is: "What proper percentage of the
final "WOTD" should belong to present "CVIA" shareholders.
Dave |
