Corporate Vision (CVIA) Message Board

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Microcap & Penny Stocks : Corporate Vision (CVIA)

CVIA 0.480

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Jun 30 4:00 PM EDT

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To: K A Anderson who wrote (6618)	9/4/1998 8:25:00 PM
From: Tom Swift	Read Replies (1) of 6654

Yep, we have a strike date and a strike price and a 1-year expiration. Are there any internal records of the planned terms of the warrants? You have said that they will be one for one and that you would like to restrict them until the expiration date. Personally, I don't like those terms and you have opened the topic for debate. If you issue the warrants per the press release and do nothing else, you have a somewhat limited latitude in what you can do with them legally. If you issue the warrants per the press release (and define the conditions) and then offer to exchange them for something else, (preferred shares is what I am thinking) you have a lot more latitude and can limit the damage built into the exp. date. However, you and the rest of the BOD are in charge -- you have my proxy. Do what you think is best for the company and the battered shareholders. Regards, Tom

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