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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: Brad who wrote (3271)4/9/1998 6:04:00 PM
From: Novice Bob  Read Replies (2) of 6654
 
Everyone runs scared when they hear mention of a reverse split. Reverse splits are normally done because a company needs to be able to sell more stock in to the float in order to survive. Reverse splits can be bad for the shareholders because the company is in a survival mode, they may not be doing all that well enough to stand on their own and thus, need to lean on the shareholders.

THAT DOES NOT SEEM TO BE THE CASE HERE. This reverse split is going to be a posturing move to position WOTD for a NASDAQ listing. This will enhance their position to secure financing for future acquisitions, and to attract a different class of "longer term" investor. I am sure more people will begin to see the opportunity in front of us with CVIA. I do and I have my piece of the action. I just hope I have the opportunity to pick up more shares next week at these prices before people really start to catch on.

Robert
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