Art:
If we were able to predict the future, none of us would be here today. Also what would the value of CVIA be if we just turned our heads and let the next Reg. s happen. We absolutely need to learn the facts surrounding the CVIA and WOTD merger. We need to learn about the people associated with WOTD and how they are proceeding with their business plan.
I deal in larger money transaction every day in my line of work. Deals from a couple hundred thousand to several million. I am not one of the big money players, however I do draft documents for these deals. Letters of Intent, Escrow Agreements, Purchase Agreements, Etc., anytime money changes hands, there is an agreement, in writing. It is how business is done, there is no gray area. When I heard that WOTD was given CVIA's Reg. S money with no written agreement in place, I immediately knew the level of sophistication of the players involved in this deal. Either someone is dumb as dirt or someone is trying to rip someone off, or a combination there of. Plain and simple, money (especially that of a public company) does not get passed around with out well composed agreements, signed, witnessed and recorded. There are many evil things WOTD could have perpetrated against the CVIA shareholders with our very own money. The least of our concerns should be that they never return it.
Anyway, the heat is on the SEC to get their butts in gear regarding CVIA, if half of this information I am hearing is true, we may be having roast Jack for our first course. |
