Corporate Vision (CVIA) Message Board

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Microcap & Penny Stocks : Corporate Vision (CVIA)

CVIA 0.480

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Jun 30 5:00 PM EST

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To: K A Anderson who wrote (4154)	4/24/1998 6:11:00 PM
From: campe	Read Replies (2) of 6654

Just had another thought...(not bad for a Fri afternoon) We have another major shareholder (with respect to amount of cash in the hole) who should be contacted regarding the current situation. Terry and Nancy Phipps, owners of T.L. Phipps and Company, were given $25,000 in cash and 750,000 shares of restricted common stock for 100% of the common stock of T.L.Phipps & Company, a privately-held Oklahoma corporation. (Ref 6/6/97 8K) Last May, those shares were worth about $.20 each (~$150,000) and now they are worth about $7,500. I wonder how they feel about the current situation... I can see why they wouldn't be too motivated to turn T.L. Phipps around and turn a profit... And Wayne - Its end of business Fri, 4/24/98 and no news. Now What?

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