SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : The New Corporate Vision Inc. ( CVIA )
CVIA 0.4800.0%Jun 30 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: K A Anderson who wrote (480)12/1/1998 12:27:00 PM
From: Playin my Cards  Read Replies (1) of 3596
 
I had a chance to look through the 10k and have a few questions.

1. Note 15: In your research, do you have a step by step listing of each share increase that shows how we went from 12.6 Million in 1996 to 57.4 Million in 1997? Are those share counts as of Dec 31 of each year?

I was just scanning through the report and can't see how all the individual distributions totaled over 44 Million shares. I could be wrong. Maybe later I will go through and add them all up.

2. Note 12: What was the stock price in November 1997 when the 1.3 million shares were given out for 2.55 cents each? Were they given away at a fair price? Were they given to anyone that has ever been involved with CVIA or companies CVIA has dealt with in the past?

I thought it was Ironic that 2.55 cents * 1,307,1909 shares = $33,333.33. Strange coincidence?

3. Note 16: In para 2, it says we were to aquire 100% of phips common stock. In para 3, we came up with only 25%. What happened here? How come we aquired 100% of the debt?

4. Note 20: Funny, 50,000 shares reversed is only worth $250 today. I hope they still have those shares : )

Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext