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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: Tony who wrote (2927)4/3/1998 12:59:00 AM
From: TraderGreg  Read Replies (1) of 6654
 
Something hit me while reading your post Tony, which by the way was excellent. I think it is a misnomer to refer to CVIA as a "shell".

In fact, this term caused confusion for me at the onset of my first purchase. Typically, a "shell" doesn't have 500K or so of cash lying around. A shell is used as a quick way for a private operating company to go public, with minimal expense.

Most shells have little or no volume and nothing "happening" and no cash, but they are public. They are dormant. Hence, the reverse merger.

CVIA will be acquiring WOTD. It has the cash to do so and thus can not be thought of as a shell, especially with the volume of late. It is by no means dormant.

Perhaps, just perhaps, considering this as a "normal" start up acquisition of WOTD is a more appropriate way to describe upcoming events.

TG
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