News----
Monday October 5, 1:58 pm Eastern Time
Company Press Release
Corporate Vision Announces New Stock Issue
TULSA, Okla.--(BUSINESS WIRE)--Oct. 5, 1998--Corporate Vision
(OTC:CVIA - news) accounces a public stock offering of 200,000 common shares to any interested investors.
These common shares will be restricted and for one year will be in certificate form mailed directly to the
purchasers bearing the SEC rule 144 legend and offered at $1.25 per share.
This public offering will be discontinued at the close of the business day Monday, Oct. 12, 1998, on a ''first
come first serve basis.'' Once the limit of 200,000 shares is sold or any mail is not postmarked by Oct. 12, 1998, will
be returned in full to the sender. A limit of 10,000 shares per person has been set by the company. If these shares
are not sold in full the remaining common shares will be returned to the company treasury.
Any interested investor may purchase directly from Corporate Vision Inc., 6130 South Memorial Drive, Tulsa,
OK, 74133.
Corporate Vision is in the process of relocating into the Phipps building and Investor Relations may temporarily
be contacted at 918/663-0990 and asking for Craig Treiber.
Corporate Vision President and CEO K.A. Anderson issued this statement: ''The board of directors feels this
move is needed in order to help Corporate Vision move ahead with its acquisition plans and to accelerate the
expansion of Corporate Vision's short-term projects.
''We have had many investors express interest of an offering of this nature, so in keeping with Corporate Vision
philosophy of 'our investors come first,' we are making this offer. Since we have restructured the corporation into
a holding company we have had many inquiries and proposals that can add real value to Corporate Vision. We
feel like if we do not act on several of the proposals we may not have a second chance, which is the underlying
basis for this stock offer.''
Anderson also said: ''We are near the completion of our audits and expect to have it filed with the United States
Securities and Exchange Commission as soon as it is made available to us. We are also looking forward to having
the previously announced private placement Warrants and Preferred share dividends distribution coincide with
this SEC filing(s) along with current prospectus filing(s).''
Corporate Vision Inc. is a fully reporting company with the SEC. This press release contains forward-looking
statements with respect to the results of operations and business of the company that involve risks and
uncertainties. Risks and uncertainties of the company are detailed from time to time in the company's filing with
the Securities and Exchange Commission. These securities are speculative, involve a high degree of risk and
should not be purchased by investors who cannot afford the loss of their entire investment.
These securities have not been approved by the Securities and Exchange Commission or any state securities
commission passe upon the accuracy or adequacy of this offering. Any representation to the contrary is a
criminal offense.
Contact:
Corporate Vision, Tulsa
Craig Treiber, 918/663-0990 |
