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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: Jon who wrote (3532)4/14/1998 9:57:00 PM
From: KZAP  Read Replies (1) of 6654
 
After reading the last 60 posts or so I assume there are some
unhappy campers. <g> (Just returned from a 'camping' trip.)

Here's the way I see it:
300:1 is a big reverse split.
WOTD will have to have a majority.
So When all is said and done, maybe the deal is not so bad.
I don't have all the info. If I did I could tell you a more
informed opinion.
Let's say that WOTD gets 90% of the shares. (They paid for it
didn't they?) with our 360k or 390k shares, 10% of What? do we
have? It's at least (I'd hope) better than a shell.
If they now issue 2.5 million shares for a buy out of another
company, and brings us a $6 million company and the stock price
can hold above $5, CVIA/WOTD could be listed. CVIA is a reporting
company isn't it? They will want to keep that status and go for
listing. IF the new management is really wanting to make a real
company out of it and grow. If not, what can you do anyway?

It's a gamble at this point. But this should make you aware of
what can happen to any of these BB companies.
I hold CSMA stock. If they were to merge with CVIA (lets say)
Do you think I'd want them to "give away" my stock value in
CSMA? Heck NO! I'd want to keep 90% for CSMA share holders.
Of course the deal must be good for both parties. I would just
hope it would be good for the stock holders as well.

I just think we need more info before final judgement is made.
At this point, I wouldn't know who is right.

Happy investing!

KZAP
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