Corporate Vision (CVIA) Message Board

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Microcap & Penny Stocks : Corporate Vision (CVIA)

CVIA 0.480

0.0%

Jun 30 4:00 PM EDT

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To: K A Anderson who wrote (6620)	9/4/1998 8:58:00 PM
From: Tom Swift	Read Replies (2) of 6654

Well, if you open them up, we have a $3 ceiling until they are consumed. If you restrict them to the exp. date we have a spike down on that date and possibly useless warrants (suppose we stay a $2 for the next year). If you exchange them for preferred stock, you have until 2003 to build the company, avoid both of the above mentioned problems and have the opportunity to further compensate the shareholders that actually got burned by the 300:1 reverse split. Lets say you exchange 5 warrants for 1 preferred share with no cash involved. The float bloat is reduced by two overall until 2003. The people that held stock during the troubles benefit, and everyone is happy (as long as the company does well).

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